[Historical Tables] [Section 1 - Overview of Federal Government Finances] [Table 1.3 - Summary of Receipts, Outlays, and Surpluses or Deficits (-) in Current Dollars, Constant (FY 2000) Dollars, and as Percentages of GDP: 1940-2013] [From the U.S. Government Printing Office, www.gpo.gov] [[Page 26]] Table 1.3--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (-) IN CURRENT DOLLARS, CONSTANT (FY 2000) DOLLARS, AND AS PERCENTAGES OF GDP: 1940- 2013 (dollar amounts in billions) -------------------------------------------------------------------------------------------------------------------------------------------------------- In Current Dollars In Constant (FY 2000 Dollars) As Percentages of GDP ------------------------------------------------------------------ Addendum: ---------------------------------- Fiscal Year Surplus or Surplus or Composite Surplus or Receipts Outlays Deficit (-) Receipts Outlays Deficit (-) Deflator Receipts Outlays Deficit (-) -------------------------------------------------------------------------------------------------------------------------------------------------------- 1940.................................... 6.5 9.5 -2.9 75.3 108.8 -33.6 0.0870 6.8 9.8 -3.0 1941.................................... 8.7 13.7 -4.9 93.9 147.1 -53.2 0.0928 7.6 12.0 -4.3 1942.................................... 14.6 35.1 -20.5 142.4 341.8 -199.4 0.1028 10.1 24.3 -14.2 1943.................................... 24.0 78.6 -54.6 213.9 700.1 -486.2 0.1122 13.3 43.6 -30.3 1944.................................... 43.7 91.3 -47.6 412.3 860.5 -448.2 0.1061 20.9 43.6 -22.7 1945.................................... 45.2 92.7 -47.6 433.8 890.6 -456.8 0.1041 20.4 41.9 -21.5 1946.................................... 39.3 55.2 -15.9 366.9 515.7 -148.8 0.1071 17.6 24.8 -7.2 1947.................................... 38.5 34.5 4.0 331.4 296.9 34.6 0.1162 16.5 14.8 1.7 1948.................................... 41.6 29.8 11.8 326.5 233.8 92.7 0.1273 16.2 11.6 4.6 1949.................................... 39.4 38.8 0.6 316.3 311.7 4.7 0.1246 14.5 14.3 0.2 1950.................................... 39.4 42.6 -3.1 306.5 330.7 -24.2 0.1287 14.4 15.6 -1.1 1951.................................... 51.6 45.5 6.1 403.6 355.9 47.7 0.1279 16.1 14.2 1.9 1952.................................... 66.2 67.7 -1.5 516.9 528.8 -11.9 0.1280 19.0 19.4 -0.4 1953.................................... 69.6 76.1 -6.5 508.8 556.3 -47.5 0.1368 18.7 20.4 -1.7 1954.................................... 69.7 70.9 -1.2 494.7 502.9 -8.2 0.1409 18.5 18.8 -0.3 1955.................................... 65.5 68.4 -3.0 449.8 470.4 -20.6 0.1455 16.6 17.3 -0.8 1956.................................... 74.6 70.6 3.9 488.8 462.9 25.9 0.1526 17.5 16.5 0.9 1957.................................... 80.0 76.6 3.4 499.6 478.3 21.3 0.1601 17.8 17.0 0.8 1958.................................... 79.6 82.4 -2.8 472.1 488.5 -16.4 0.1687 17.3 17.9 -0.6 1959.................................... 79.2 92.1 -12.8 453.9 527.5 -73.6 0.1746 16.1 18.7 -2.6 1960.................................... 92.5 92.2 0.3 528.5 526.8 1.7 0.1750 17.9 17.8 0.1 1961.................................... 94.4 97.7 -3.3 525.8 544.4 -18.6 0.1795 17.8 18.4 -0.6 1962.................................... 99.7 106.8 -7.1 552.8 592.5 -39.6 0.1803 17.6 18.8 -1.3 1963.................................... 106.6 111.3 -4.8 568.9 594.3 -25.4 0.1873 17.8 18.6 -0.8 1964.................................... 112.6 118.5 -5.9 592.7 623.8 -31.1 0.1900 17.6 18.5 -0.9 1965.................................... 116.8 118.2 -1.4 605.9 613.2 -7.3 0.1928 17.0 17.2 -0.2 1966.................................... 130.8 134.5 -3.7 662.8 681.5 -18.7 0.1974 17.4 17.9 -0.5 1967.................................... 148.8 157.5 -8.6 734.6 777.2 -42.7 0.2026 18.3 19.4 -1.1 1968.................................... 153.0 178.1 -25.2 727.4 847.0 -119.6 0.2103 17.7 20.6 -2.9 1969.................................... 186.9 183.6 3.2 838.0 823.5 14.5 0.2230 19.7 19.4 0.3 1970.................................... 192.8 195.6 -2.8 815.9 828.0 -12.0 0.2363 19.0 19.3 -0.3 1971.................................... 187.1 210.2 -23.0 742.9 834.3 -91.4 0.2519 17.3 19.5 -2.1 1972.................................... 207.3 230.7 -23.4 770.7 857.6 -86.9 0.2690 17.6 19.6 -2.0 1973.................................... 230.8 245.7 -14.9 814.7 867.3 -52.6 0.2833 17.7 18.8 -1.1 1974.................................... 263.2 269.4 -6.1 857.4 877.4 -20.0 0.3070 18.3 18.7 -0.4 1975.................................... 279.1 332.3 -53.2 824.7 982.1 -157.3 0.3384 17.9 21.3 -3.4 1976.................................... 298.1 371.8 -73.7 818.8 1,021.4 -202.6 0.3640 17.2 21.4 -4.2 TQ...................................... 81.2 96.0 -14.7 216.5 255.8 -39.3 0.3752 17.8 21.0 -3.2 1977.................................... 355.6 409.2 -53.7 903.8 1,040.2 -136.4 0.3934 18.0 20.7 -2.7 1978.................................... 399.6 458.7 -59.2 952.7 1,093.8 -141.1 0.4194 18.0 20.7 -2.7 1979.................................... 463.3 504.0 -40.7 1,017.8 1,107.3 -89.5 0.4552 18.5 20.2 -1.6 1980.................................... 517.1 590.9 -73.8 1,028.3 1,175.1 -146.8 0.5029 19.0 21.7 -2.7 1981.................................... 599.3 678.2 -79.0 1,077.4 1,219.4 -142.0 0.5562 19.6 22.2 -2.6 1982.................................... 617.8 745.7 -128.0 1,036.9 1,251.7 -214.8 0.5958 19.1 23.1 -4.0 1983.................................... 600.6 808.4 -207.8 961.7 1,294.4 -332.7 0.6245 17.5 23.5 -6.0 1984.................................... 666.5 851.9 -185.4 1,016.8 1,299.5 -282.8 0.6555 17.4 22.2 -4.8 1985.................................... 734.1 946.4 -212.3 1,082.6 1,395.7 -313.1 0.6781 17.7 22.9 -5.1 1986.................................... 769.2 990.4 -221.2 1,107.3 1,425.7 -318.4 0.6947 17.4 22.4 -5.0 1987.................................... 854.4 1,004.1 -149.7 1,196.1 1,405.7 -209.6 0.7143 18.4 21.6 -3.2 1988.................................... 909.3 1,064.5 -155.2 1,235.6 1,446.5 -210.9 0.7359 18.2 21.3 -3.1 1989.................................... 991.2 1,143.8 -152.6 1,298.9 1,498.9 -200.0 0.7631 18.4 21.2 -2.8 1990.................................... 1,032.1 1,253.1 -221.0 1,309.4 1,589.9 -280.4 0.7882 18.0 21.8 -3.9 1991.................................... 1,055.1 1,324.3 -269.2 1,282.6 1,609.9 -327.3 0.8226 17.8 22.3 -4.5 1992.................................... 1,091.3 1,381.6 -290.3 1,282.7 1,623.9 -341.2 0.8508 17.5 22.1 -4.7 1993.................................... 1,154.5 1,409.5 -255.1 1,323.2 1,615.5 -292.3 0.8725 17.6 21.4 -3.9 1994.................................... 1,258.7 1,461.9 -203.2 1,414.0 1,642.2 -228.2 0.8902 18.1 21.0 -2.9 -------------------------------------------------------------------------------------------------------------------------------------------------------- [[Page 27]] Table 1.3--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (-) IN CURRENT DOLLARS, CONSTANT (FY 2000) DOLLARS, AND AS PERCENTAGES OF GDP: 1940- 2013--Continued (dollar amounts in billions) -------------------------------------------------------------------------------------------------------------------------------------------------------- In Current Dollars In Constant (FY 2000 Dollars) As Percentages of GDP ------------------------------------------------------------------ Addendum: ---------------------------------- Fiscal Year Surplus or Surplus or Composite Surplus or Receipts Outlays Deficit (-) Receipts Outlays Deficit (-) Deflator Receipts Outlays Deficit (-) -------------------------------------------------------------------------------------------------------------------------------------------------------- 1995.................................... 1,351.9 1,515.9 -164.0 1,482.4 1,662.2 -179.8 0.9120 18.5 20.7 -2.2 1996.................................... 1,453.2 1,560.6 -107.4 1,557.9 1,673.0 -115.2 0.9328 18.9 20.3 -1.4 1997.................................... 1,579.4 1,601.3 -21.9 1,661.2 1,684.2 -23.0 0.9508 19.3 19.6 -0.3 1998.................................... 1,722.0 1,652.7 69.3 1,793.1 1,721.0 72.1 0.9603 20.0 19.2 0.8 1999.................................... 1,827.6 1,702.0 125.6 1,874.9 1,746.0 128.9 0.9748 20.0 18.7 1.4 2000.................................... 2,025.5 1,789.2 236.2 2,025.5 1,789.2 236.2 1.0000 20.9 18.4 2.4 2001.................................... 1,991.4 1,863.2 128.2 1,945.9 1,820.6 125.3 1.0234 19.8 18.5 1.3 2002.................................... 1,853.4 2,011.2 -157.8 1,777.8 1,929.2 -151.3 1.0425 17.9 19.4 -1.5 2003.................................... 1,782.5 2,160.1 -377.6 1,665.5 2,018.2 -352.8 1.0703 16.5 20.0 -3.5 2004.................................... 1,880.3 2,293.0 -412.7 1,707.2 2,081.9 -374.7 1.1014 16.4 19.9 -3.6 2005.................................... 2,153.9 2,472.2 -318.3 1,886.2 2,165.0 -278.8 1.1419 17.6 20.2 -2.6 2006.................................... 2,407.3 2,655.4 -248.2 2,039.0 2,249.2 -210.2 1.1806 18.5 20.4 -1.9 2007.................................... 2,568.2 2,730.2 -162.0 2,128.8 2,263.1 -134.3 1.2064 18.8 20.0 -1.2 2008 estimate........................... 2,521.2 2,931.2 -410.0 2,034.7 2,365.6 -330.9 1.2391 17.6 20.5 -2.9 2009 estimate........................... 2,699.9 3,107.4 -407.4 2,130.3 2,451.8 -321.5 1.2674 18.0 20.7 -2.7 2010 estimate........................... 2,931.3 3,091.3 -160.0 2,268.1 2,391.9 -123.8 1.2924 18.6 19.6 -1.0 2011 estimate........................... 3,076.4 3,171.2 -94.8 2,332.4 2,404.3 -71.9 1.3190 18.6 19.1 -0.6 2012 estimate........................... 3,269.9 3,221.8 48.0 2,425.9 2,390.3 35.6 1.3479 18.8 18.5 0.3 2013 estimate........................... 3,428.2 3,398.9 29.3 2,490.0 2,468.7 21.3 1.3768 18.8 18.6 0.2 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