[Historical Tables]
[Section 1 - Overview of Federal Government Finances]
[Table 1.2 - Summary of Receipts, Outlays, and Surpluses or Deficits (-) as Percentages of GDP: 1930-2002]
[From the U.S. Government Printing Office, www.gpo.gov]
[[Page 21]]
Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2002
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GDP Total On-Budget Off-Budget
(in --------------------------------------------------------------------------------------------------
Year billions
of Receipts Outlays Surplus or Receipts Outlays Surplus or Receipts Outlays Surplus or
dollars) Deficit (-) Deficit (-) Deficit (-)
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1930...................................... 96.8 4.2 3.4 0.8 4.2 3.4 0.8 ........ ........ ...........
1931...................................... 83.1 3.7 4.3 -0.6 3.7 4.3 -0.6 ........ ........ ...........
1932...................................... 66.9 2.9 7.0 -4.1 2.9 7.0 -4.1 ........ ........ ...........
1933...................................... 56.8 3.5 8.1 -4.6 3.5 8.1 -4.6 ........ ........ ...........
1934...................................... 60.4 4.9 10.8 -5.9 4.9 10.8 -5.9 ........ ........ ...........
1935...................................... 68.7 5.3 9.3 -4.1 5.3 9.3 -4.1 ........ ........ ...........
1936...................................... 77.5 5.1 10.6 -5.6 5.1 10.6 -5.6 ........ ........ ...........
1937...................................... 86.8 6.2 8.7 -2.5 5.9 8.7 -2.8 0.3 -* 0.3
1938...................................... 87.8 7.7 7.8 -0.1 7.2 7.8 -0.6 0.4 -* 0.5
1939...................................... 87.8 7.2 10.4 -3.2 6.6 10.4 -3.8 0.6 -* 0.6
1940...................................... 95.4 6.9 9.9 -3.1 6.3 9.9 -3.7 0.6 -* 0.6
1941...................................... 112.5 7.7 12.1 -4.4 7.1 12.1 -5.0 0.6 * 0.6
1942...................................... 141.8 10.3 24.8 -14.5 9.7 24.7 -15.0 0.6 * 0.6
1943...................................... 175.4 13.7 44.8 -31.1 13.0 44.7 -31.7 0.6 0.1 0.6
1944...................................... 201.7 21.7 45.3 -23.6 21.0 45.2 -24.2 0.6 0.1 0.6
1945...................................... 212.0 21.3 43.7 -22.4 20.7 43.7 -23.0 0.6 0.1 0.6
1946...................................... 212.5 18.5 26.0 -7.5 17.9 25.9 -8.0 0.6 0.1 0.5
1947...................................... 222.9 17.3 15.5 1.8 16.6 15.3 1.3 0.7 0.1 0.5
1948...................................... 247.3 16.8 12.0 4.8 16.2 11.9 4.3 0.7 0.1 0.5
1949...................................... 262.7 15.0 14.8 0.2 14.4 14.6 -0.3 0.6 0.2 0.5
1950...................................... 265.8 14.8 16.0 -1.2 14.0 15.8 -1.8 0.8 0.2 0.6
1951...................................... 313.5 16.5 14.5 1.9 15.5 14.1 1.4 1.0 0.4 0.6
1952...................................... 340.5 19.4 19.9 -0.4 18.4 19.4 -1.0 1.1 0.5 0.5
1953...................................... 363.8 19.1 20.9 -1.8 18.0 20.3 -2.3 1.1 0.6 0.5
1954...................................... 368.0 18.9 19.3 -0.3 17.7 18.5 -0.8 1.2 0.8 0.5
1955...................................... 384.7 17.0 17.8 -0.8 15.7 16.8 -1.1 1.3 1.0 0.3
1956...................................... 416.3 17.9 17.0 0.9 16.4 15.8 0.6 1.5 1.2 0.3
1957...................................... 438.3 18.3 17.5 0.8 16.7 16.1 0.6 1.5 1.4 0.2
1958...................................... 448.1 17.8 18.4 -0.6 16.0 16.7 -0.7 1.8 1.7 0.1
1959...................................... 480.2 16.5 19.2 -2.7 14.8 17.3 -2.5 1.7 1.9 -0.1
1960...................................... 504.6 18.3 18.3 0.1 16.2 16.1 0.1 2.1 2.2 -*
1961...................................... 517.0 18.3 18.9 -0.6 15.9 16.6 -0.7 2.3 2.3 0.1
1962...................................... 555.2 18.0 19.2 -1.3 15.7 16.8 -1.1 2.2 2.4 -0.2
1963...................................... 584.5 18.2 19.0 -0.8 15.8 16.5 -0.7 2.4 2.6 -0.1
1964...................................... 625.3 18.0 19.0 -0.9 15.4 16.4 -1.0 2.6 2.5 0.1
1965...................................... 671.0 17.4 17.6 -0.2 14.9 15.2 -0.2 2.5 2.5 *
1966...................................... 735.4 17.8 18.3 -0.5 15.2 15.6 -0.4 2.6 2.7 -0.1
1967...................................... 793.3 18.8 19.8 -1.1 15.7 17.3 -1.6 3.1 2.6 0.5
1968...................................... 847.2 18.1 21.0 -3.0 15.1 18.4 -3.3 2.9 2.6 0.3
1969...................................... 925.7 20.2 19.8 0.4 17.1 17.1 -0.1 3.1 2.7 0.4
1970...................................... 985.4 19.6 19.9 -0.3 16.2 17.1 -0.9 3.4 2.8 0.6
1971...................................... 1,050.9 17.8 20.0 -2.2 14.4 16.9 -2.5 3.4 3.1 0.3
1972...................................... 1,147.8 18.1 20.1 -2.0 14.6 16.9 -2.3 3.5 3.2 0.3
1973...................................... 1,274.0 18.1 19.3 -1.2 14.5 15.7 -1.2 3.6 3.6 *
1974...................................... 1,403.6 18.8 19.2 -0.4 14.9 15.5 -0.6 3.8 3.7 0.1
1975...................................... 1,509.8 18.5 22.0 -3.5 14.3 18.0 -3.7 4.1 4.0 0.1
1976...................................... 1,684.2 17.7 22.1 -4.4 13.8 17.9 -4.2 3.9 4.1 -0.2
TQ........................................ 445.0 18.3 21.6 -3.3 14.2 17.2 -3.0 4.0 4.4 -0.3
1977...................................... 1,917.2 18.5 21.3 -2.8 14.5 17.1 -2.6 4.0 4.2 -0.2
1978...................................... 2,155.0 18.5 21.3 -2.7 14.6 17.1 -2.5 4.0 4.2 -0.2
1979...................................... 2,429.5 19.1 20.7 -1.7 15.0 16.6 -1.6 4.0 4.1 -0.1
1980...................................... 2,644.1 19.6 22.3 -2.8 15.3 18.0 -2.8 4.3 4.3 -*
1981...................................... 2,964.4 20.2 22.9 -2.7 15.8 18.3 -2.5 4.4 4.6 -0.2
1982...................................... 3,122.2 19.8 23.9 -4.1 15.2 19.0 -3.8 4.6 4.8 -0.3
1983...................................... 3,316.5 18.1 24.4 -6.3 13.7 19.9 -6.3 4.4 4.4 *
1984...................................... 3,695.0 18.0 23.1 -5.0 13.5 18.6 -5.0 4.5 4.5 *
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* 0.05 percent or less.
Note: GDP data / percentages and constant-dollar data / deflators are based on pre-benchmark revision GDP.
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Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2002--Continued
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GDP Total On-Budget Off-Budget
(in --------------------------------------------------------------------------------------------------
Year billions
of Receipts Outlays Surplus or Receipts Outlays Surplus or Receipts Outlays Surplus or
dollars) Deficit (-) Deficit (-) Deficit (-)
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1985...................................... 3,967.7 18.5 23.9 -5.4 13.8 19.4 -5.6 4.7 4.5 0.2
1986...................................... 4,219.0 18.2 23.5 -5.2 13.5 19.1 -5.6 4.7 4.3 0.4
1987...................................... 4,452.4 19.2 22.5 -3.4 14.4 18.2 -3.8 4.8 4.4 0.4
1988...................................... 4,808.4 18.9 22.1 -3.2 13.9 17.9 -4.0 5.0 4.2 0.8
1989...................................... 5,173.3 19.2 22.1 -2.9 14.1 18.0 -4.0 5.1 4.1 1.0
1990...................................... 5,481.5 18.8 22.8 -4.0 13.7 18.7 -5.1 5.1 4.1 1.0
1991...................................... 5,676.4 18.6 23.3 -4.7 13.4 19.1 -5.7 5.2 4.3 0.9
1992...................................... 5,921.5 18.4 23.3 -4.9 13.3 19.1 -5.8 5.1 4.3 0.8
1993...................................... 6,258.6 18.4 22.5 -4.1 13.4 18.2 -4.8 5.0 4.3 0.7
1994...................................... 6,633.6 19.0 22.0 -3.1 13.9 17.8 -3.9 5.1 4.2 0.8
1995...................................... 7,004.5 19.3 21.7 -2.3 14.3 17.6 -3.2 5.0 4.1 0.9
1996 estimate............................. 7,336.0 19.4 21.4 -2.0 14.4 17.3 -2.9 5.0 4.1 0.9
1997 estimate............................. 7,707.6 19.4 21.2 -1.8 14.4 17.1 -2.7 5.0 4.1 0.9
1998 estimate............................. 8,101.4 19.5 20.7 -1.2 14.5 16.6 -2.2 5.0 4.1 1.0
1999 estimate............................. 8,516.8 19.4 20.2 -0.8 14.4 16.1 -1.8 5.0 4.0 1.0
2000 estimate............................. 8,945.8 19.4 19.7 -0.3 14.4 15.7 -1.3 5.0 4.0 1.0
2001 estimate............................. 9,405.0 19.3 19.3 0.1 14.3 15.3 -1.0 5.0 4.0 1.1
2002 estimate............................. 9,880.6 19.4 18.9 0.4 14.3 15.0 -0.6 5.0 3.9 1.1
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Note: GDP data / percentages and constant-dollar data / deflators are based on pre-benchmark revision GDP.