[Historical Tables]
[Section 7 - Federal Debt]
[Table 7.1 - Federal Debt at the End of Year: 1940-2005]
[From the U.S. Government Publishing Office, www.gpo.gov]
[[Page 110]]
Table 7.1--FEDERAL DEBT AT THE END OF YEAR: 1940-2005
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In Millions of Dollars As Percentages of GDP
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Equals: Held by the Public Equals: Held by the Public
End of Fiscal Year Gross Less: Held ------------------------------------ Gross Less: Held -----------------------------------
Federal by Federal Federal Federal by Federal Federal
Debt Government Total Reserve Other Debt Government Total Reserve Other
Accounts System Accounts System
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1940............................ 50,696 7,924 42,772 2,458 40,314 52.5 8.2 44.3 2.5 41.8
1941............................ 57,531 9,308 48,223 2,180 46,043 50.5 8.2 42.3 1.9 40.4
1942............................ 79,200 11,447 67,753 2,640 65,113 54.9 7.9 47.0 1.8 45.2
1943............................ 142,648 14,882 127,766 7,149 120,617 79.2 8.3 71.0 4.0 67.0
1944............................ 204,079 19,283 184,796 14,899 169,897 97.6 9.2 88.4 7.1 81.3
1945............................ 260,123 24,941 235,182 21,792 213,390 117.5 11.3 106.2 9.8 96.4
1946............................ 270,991 29,130 241,861 23,783 218,078 121.6 13.1 108.5 10.7 97.8
1947............................ 257,149 32,810 224,339 21,872 202,467 109.5 14.0 95.5 9.3 86.2
1948............................ 252,031 35,761 216,270 21,366 194,904 98.2 13.9 84.3 8.3 76.0
1949............................ 252,610 38,288 214,322 19,343 194,979 93.0 14.1 78.9 7.1 71.8
1950............................ 256,853 37,830 219,023 18,331 200,692 93.9 13.8 80.1 6.7 73.4
1951............................ 255,288 40,962 214,326 22,982 191,344 79.5 12.7 66.7 7.2 59.6
1952............................ 259,097 44,339 214,758 22,906 191,852 74.3 12.7 61.6 6.6 55.0
1953............................ 265,963 47,580 218,383 24,746 193,637 71.3 12.8 58.5 6.6 51.9
1954............................ 270,812 46,313 224,499 25,037 199,462 71.6 12.3 59.4 6.6 52.8
1955............................ 274,366 47,751 226,616 23,607 203,009 69.4 12.1 57.3 6.0 51.4
1956............................ 272,693 50,537 222,156 23,758 198,398 63.8 11.8 52.0 5.6 46.4
1957............................ 272,252 52,931 219,320 23,035 196,285 60.4 11.7 48.7 5.1 43.6
1958............................ 279,666 53,329 226,336 25,438 200,898 60.7 11.6 49.1 5.5 43.6
1959............................ 287,465 52,764 234,701 26,044 208,657 58.5 10.7 47.7 5.3 42.4
1960............................ 290,525 53,686 236,840 26,523 210,317 55.9 10.3 45.6 5.1 40.5
1961............................ 292,648 54,291 238,357 27,253 211,104 55.1 10.2 44.9 5.1 39.8
1962............................ 302,928 54,918 248,010 29,663 218,347 53.3 9.7 43.6 5.2 38.4
1963............................ 310,324 56,345 253,978 32,027 221,951 51.7 9.4 42.3 5.3 37.0
1964............................ 316,059 59,210 256,849 34,794 222,055 49.2 9.2 40.0 5.4 34.6
1965............................ 322,318 61,540 260,778 39,100 221,678 46.8 8.9 37.9 5.7 32.2
1966............................ 328,498 64,784 263,714 42,169 221,545 43.4 8.6 34.8 5.6 29.3
1967............................ 340,445 73,819 266,626 46,719 219,907 41.9 9.1 32.8 5.8 27.1
1968............................ 368,685 79,140 289,545 52,230 237,315 42.4 9.1 33.3 6.0 27.3
1969............................ 365,769 87,661 278,108 54,095 224,013 38.5 9.2 29.3 5.7 23.6
1970............................ 380,921 97,723 283,198 57,714 225,484 37.6 9.6 27.9 5.7 22.2
1971............................ 408,176 105,140 303,037 65,518 237,519 37.7 9.7 28.0 6.1 22.0
1972............................ 435,936 113,559 322,377 71,426 250,951 37.0 9.6 27.4 6.1 21.3
1973............................ 466,291 125,381 340,910 75,181 265,729 35.5 9.5 26.0 5.7 20.2
1974............................ 483,893 140,194 343,699 80,648 263,051 33.6 9.7 23.8 5.6 18.2
1975............................ 541,925 147,225 394,700 84,993 309,707 34.8 9.4 25.3 5.5 19.9
1976............................ 628,970 151,566 477,404 94,714 382,690 36.2 8.7 27.5 5.5 22.0
TQ.............................. 643,561 148,052 495,509 96,702 398,807 35.0 8.1 27.0 5.3 21.7
1977............................ 706,398 157,294 549,104 105,004 444,100 35.8 8.0 27.8 5.3 22.5
1978............................ 776,602 169,476 607,126 115,480 491,646 35.0 7.6 27.4 5.2 22.2
1979............................ 829,471 189,161 640,310 115,594 524,716 33.1 7.6 25.6 4.6 20.9
1980............................ 909,050 197,118 711,932 120,846 591,086 33.3 7.2 26.1 4.4 21.6
1981............................ 994,845 205,418 789,427 124,466 664,961 32.5 6.7 25.8 4.1 21.7
1982............................ 1,137,345 212,740 924,605 134,497 790,108 35.2 6.6 28.6 4.2 24.5
1983............................ 1,371,710 234,392 1,137,318 155,527 981,791 39.9 6.8 33.0 4.5 28.5
1984............................ 1,564,657 257,611 1,307,046 155,122 1,151,924 40.7 6.7 34.0 4.0 29.9
1985............................ 1,817,521 310,163 1,507,357 169,806 1,337,551 43.9 7.5 36.4 4.1 32.3
1986............................ 2,120,629 379,878 1,740,750 190,855 1,549,895 48.2 8.6 39.6 4.3 35.2
1987............................ 2,346,125 456,203 1,889,922 212,040 1,677,881 50.4 9.8 40.6 4.6 36.1
1988............................ 2,601,307 549,487 2,051,819 229,218 1,822,601 51.9 11.0 40.9 4.6 36.3
1989............................ 2,868,039 677,084 2,190,956 220,088 1,970,868 53.0 12.5 40.5 4.1 36.5
1990............................ 3,206,564 794,733 2,411,831 234,410 2,177,421 55.9 13.8 42.0 4.1 37.9
1991............................ 3,598,485 909,179 2,689,306 258,591 2,430,715 60.7 15.3 45.4 4.4 41.0
1992............................ 4,002,123 1,002,050 3,000,073 296,397 2,703,676 64.3 16.1 48.2 4.8 43.5
1993............................ 4,351,403 1,102,647 3,248,755 325,653 2,923,103 66.3 16.8 49.5 5.0 44.6
1994............................ 4,643,691 1,210,242 3,433,449 355,150 3,078,299 66.8 17.4 49.4 5.1 44.3
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Note: GDP, percentages of GDP, deflators and constant dollar amounts for years prior to 1960 are OMB estimates based on detailed historical GDP series
for which revised data are not yet available from the Bureau of Economic Analysis. For additional details, see the Special Note on GDP and Constant
Dollar Amounts in the Introduction to the FY2001 Historical Tables.
[[Page 111]]
Table 7.1--FEDERAL DEBT AT THE END OF YEAR: 1940-2005--Continued
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In Millions of Dollars As Percentages of GDP
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Equals: Held by the Public Equals: Held by the Public
End of Fiscal Year Gross Less: Held ------------------------------------ Gross Less: Held -----------------------------------
Federal by Federal Federal Federal by Federal Federal
Debt Government Total Reserve Other Debt Government Total Reserve Other
Accounts System Accounts System
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1995............................ 4,921,005 1,316,208 3,604,797 374,114 3,230,683 67.2 18.0 49.2 5.1 44.1
1996............................ 5,181,921 1,447,392 3,734,529 390,924 3,343,605 67.3 18.8 48.5 5.1 43.4
1997............................ 5,369,694 1,596,862 3,772,832 424,507 3,348,324 65.6 19.5 46.1 5.2 40.9
1998............................ 5,478,711 1,757,090 3,721,621 458,131 3,263,490 63.4 20.3 43.1 5.3 37.8
1999............................ 5,606,087 1,973,160 3,632,927 488,865 3,144,062 61.5 21.6 39.9 5.4 34.5
2000 estimate................... 5,686,338 2,210,478 3,475,860 N/A N/A 59.4 23.1 36.3 N/A N/A
2001 estimate................... 5,768,957 2,463,977 3,304,980 N/A N/A 57.5 24.5 32.9 N/A N/A
2002 estimate................... 5,854,990 2,721,326 3,133,664 N/A N/A 55.7 25.9 29.8 N/A N/A
2003 estimate................... 5,946,792 2,983,602 2,963,190 N/A N/A 54.1 27.2 27.0 N/A N/A
2004 estimate................... 6,033,583 3,252,900 2,780,683 N/A N/A 52.5 28.3 24.2 N/A N/A
2005 estimate................... 6,118,364 3,540,844 2,577,520 N/A N/A 50.6 29.3 21.3 N/A N/A
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N/A: Not available.
Note: GDP, percentages of GDP, deflators and constant dollar amounts for years prior to 1960 are OMB estimates based on detailed historical GDP series
for which revised data are not yet available from the Bureau of Economic Analysis. For additional details, see the Special Note on GDP and Constant
Dollar Amounts in the Introduction to the FY2001 Historical Tables.