[Historical Tables]
[Section 1 - Overview of Federal Government Finances]
[Table 1.2 - Summary of Receipts, Outlays, and Surpluses or Deficits (-) as Percentages of GDP: 1930-2003]
[From the U.S. Government Publishing Office, www.gpo.gov]


 
                         Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2003                         
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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 (-)
--------------------------------------------------------------------------------------------------------------------------------------------------------
1930......................................       99.4       4.1       3.3         0.7        4.1       3.3         0.7   ........  ........  ...........
1931......................................       83.7       3.7       4.3        -0.6        3.7       4.3        -0.6   ........  ........  ...........
1932......................................       67.5       2.9       6.9        -4.1        2.9       6.9        -4.1   ........  ........  ...........
1933......................................       57.4       3.5       8.0        -4.5        3.5       8.0        -4.5   ........  ........  ...........
1934......................................       61.1       4.8      10.7        -5.9        4.8      10.7        -5.9   ........  ........  ...........
                                                                                                                                                        
1935......................................       69.5       5.2       9.2        -4.0        5.2       9.2        -4.0   ........  ........  ...........
1936......................................       78.4       5.0      10.5        -5.5        5.0      10.5        -5.5   ........  ........  ...........
1937......................................       87.7       6.1       8.6        -2.5        5.8       8.6        -2.8        0.3        -*         0.3 
1938......................................       88.8       7.6       7.7        -0.1        7.2       7.7        -0.5        0.4        -*         0.4 
1939......................................       88.9       7.1      10.3        -3.2        6.5      10.3        -3.8        0.6        -*         0.6 
                                                                                                                                                        
1940......................................       96.5       6.8       9.8        -3.0        6.2       9.8        -3.6        0.6        -*         0.6 
1941......................................      113.9       7.6      12.0        -4.3        7.0      12.0        -4.9        0.6         *         0.6 
1942......................................      144.2      10.1      24.4       -14.2        9.5      24.3       -14.8        0.6         *         0.6 
1943......................................      180.0      13.3      43.6       -30.3       12.7      43.6       -30.9        0.6         *         0.6 
1944......................................      209.0      20.9      43.7       -22.8       20.3      43.6       -23.3        0.6       0.1         0.6 
                                                                                                                                                        
1945......................................      221.4      20.4      41.9       -21.5       19.8      41.8       -22.0        0.6       0.1         0.5 
1946......................................      222.9      17.6      24.8        -7.1       17.1      24.7        -7.6        0.6       0.1         0.5 
1947......................................      234.9      16.4      14.7         1.7       15.8      14.6         1.2        0.6       0.1         0.5 
1948......................................      256.6      16.2      11.6         4.6       15.6      11.5         4.1        0.6       0.1         0.5 
1949......................................      271.7      14.5      14.3         0.2       13.9      14.1        -0.3        0.6       0.2         0.5 
                                                                                                                                                        
1950......................................      273.6      14.4      15.6        -1.1       13.6      15.4        -1.7        0.8       0.2         0.6 
1951......................................      321.3      16.1      14.2         1.9       15.1      13.8         1.3        1.0       0.4         0.6 
1952......................................      348.9      19.0      19.4        -0.4       17.9      18.9        -1.0        1.0       0.5         0.5 
1953......................................      373.1      18.7      20.4        -1.7       17.6      19.8        -2.2        1.1       0.6         0.5 
1954......................................      378.0      18.4      18.7        -0.3       17.2      18.0        -0.7        1.2       0.8         0.4 
                                                                                                                                                        
1955......................................      395.3      16.6      17.3        -0.8       15.3      16.3        -1.0        1.3       1.0         0.3 
1956......................................      427.6      17.4      16.5         0.9       15.9      15.4         0.6        1.5       1.2         0.3 
1957......................................      450.5      17.8      17.0         0.8       16.2      15.7         0.6        1.5       1.3         0.2 
1958......................................      460.6      17.3      17.9        -0.6       15.5      16.3        -0.7        1.7       1.6         0.1 
1959......................................      491.8      16.1      18.7        -2.6       14.4      16.9        -2.5        1.7       1.8        -0.1 
                                                                                                                                                        
1960......................................      518.2      17.8      17.8         0.1       15.8      15.7         0.1        2.1       2.1          -* 
1961......................................      530.9      17.8      18.4        -0.6       15.5      16.2        -0.7        2.3       2.2         0.1 
1962......................................      567.5      17.6      18.8        -1.3       15.4      16.4        -1.0        2.2       2.4        -0.2 
1963......................................      598.3      17.8      18.6        -0.8       15.4      16.1        -0.7        2.4       2.5        -0.1 
1964......................................      640.0      17.6      18.5        -0.9       15.0      16.1        -1.0        2.6       2.5         0.1 
                                                                                                                                                        
1965......................................      686.7      17.0      17.2        -0.2       14.6      14.8        -0.2        2.4       2.4           * 
1966......................................      752.8      17.4      17.9        -0.5       14.8      15.3        -0.4        2.5       2.6        -0.1 
1967......................................      811.9      18.3      19.4        -1.1       15.3      16.9        -1.6        3.0       2.5         0.5 
1968......................................      868.1      17.6      20.5        -2.9       14.8      17.9        -3.2        2.9       2.6         0.3 
1969......................................      947.9      19.7      19.4         0.3       16.7      16.7        -0.1        3.1       2.7         0.4 
                                                                                                                                                        
1970......................................    1,009.0      19.1      19.4        -0.3       15.8      16.7        -0.9        3.3       2.7         0.6 
1971......................................    1,077.7      17.4      19.5        -2.1       14.0      16.5        -2.4        3.3       3.0         0.3 
1972......................................    1,176.9      17.6      19.6        -2.0       14.2      16.5        -2.2        3.4       3.1         0.3 
1973......................................    1,306.8      17.7      18.8        -1.1       14.1      15.3        -1.2        3.5       3.5           * 
1974......................................    1,438.1      18.3      18.7        -0.4       14.6      15.1        -0.6        3.7       3.6         0.1 
                                                                                                                                                        
1975......................................    1,554.5      18.0      21.4        -3.4       13.9      17.5        -3.6        4.0       3.9         0.1 
1976......................................    1,730.4      17.2      21.5        -4.3       13.4      17.5        -4.1        3.8       4.0        -0.2 
TQ........................................      454.8      17.9      21.1        -3.2       13.9      16.8        -2.9        4.0       4.3        -0.3 
1977......................................    1,971.4      18.0      20.8        -2.7       14.1      16.7        -2.5        3.9       4.1        -0.2 
1978......................................    2,212.6      18.1      20.7        -2.7       14.2      16.7        -2.5        3.9       4.1        -0.2 
1979......................................    2,495.9      18.6      20.2        -1.6       14.6      16.2        -1.6        3.9       4.0        -0.1 
                                                                                                                                                        
1980......................................    2,718.9      19.0      21.7        -2.7       14.9      17.5        -2.7        4.2       4.2          -* 
1981......................................    3,049.1      19.7      22.2        -2.6       15.4      17.8        -2.4        4.3       4.4        -0.2 
1982......................................    3,211.3      19.2      23.2        -4.0       14.8      18.5        -3.7        4.5       4.7        -0.2 
1983......................................    3,421.9      17.6      23.6        -6.1       13.2      19.3        -6.1        4.3       4.3           * 
1984......................................    3,812.0      17.5      22.3        -4.9       13.1      18.0        -4.9        4.4       4.3           * 
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See footnote at end of table.                                                                                                                           


[[Page 22]]


                    Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2003--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 (-)
--------------------------------------------------------------------------------------------------------------------------------------------------------
1985......................................    4,102.1      17.9      23.1        -5.2       13.4      18.8        -5.4        4.5       4.3         0.2 
1986......................................    4,374.3      17.6      22.6        -5.1       13.0      18.4        -5.4        4.6       4.2         0.4 
1987......................................    4,605.1      18.6      21.8        -3.3       13.9      17.6        -3.7        4.6       4.2         0.4 
1988......................................    4,953.5      18.4      21.5        -3.1       13.5      17.4        -3.9        4.9       4.1         0.8 
1989......................................    5,351.8      18.5      21.4        -2.8       13.6      17.4        -3.8        4.9       3.9         1.0 
                                                                                                                                                        
1990......................................    5,684.5      18.2      22.0        -3.9       13.2      18.1        -4.9        5.0       4.0         1.0 
1991......................................    5,858.8      18.0      22.6        -4.6       13.0      18.5        -5.5        5.0       4.1         0.9 
1992......................................    6,143.2      17.8      22.5        -4.7       12.8      18.4        -5.5        4.9       4.1         0.8 
1993......................................    6,475.1      17.8      21.8        -3.9       13.0      17.6        -4.6        4.8       4.1         0.7 
1994......................................    6,845.7      18.4      21.4        -3.0       13.5      17.3        -3.8        4.9       4.1         0.8 
                                                                                                                                                        
1995......................................    7,194.8      18.8      21.1        -2.3       13.9      17.1        -3.1        4.9       4.0         0.9 
1996......................................    7,529.8      19.3      20.7        -1.4       14.4      16.7        -2.3        4.9       4.0         0.9 
1997......................................    7,972.4      19.8      20.1        -0.3       14.9      16.2        -1.3        4.9       3.9         1.0 
1998 estimate.............................    8,348.0      19.9      20.0        -0.1       14.9      16.1        -1.3        5.0       3.8         1.2 
1999 estimate.............................    8,684.6      20.1      20.0         0.1       15.1      16.2        -1.1        5.0       3.8         1.2 
                                                                                                                                                        
2000 estimate.............................    9,047.3      19.8      19.7         0.1       14.8      16.0        -1.2        5.0       3.8         1.3 
2001 estimate.............................    9,440.4      19.7      19.4         0.3       14.7      15.7        -1.0        5.0       3.7         1.3 
2002 estimate.............................    9,880.4      19.7      18.8         0.9       14.7      15.2        -0.5        5.0       3.6         1.4 
2003 estimate.............................   10,336.3      19.6      18.8         0.8       14.6      15.2        -0.6        5.0       3.6         1.4 
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* 0.05 percent or less.                                                                                                                                 
Note: Budget figures prior to 1933 are based on the ``Administrative Budget'' concepts rather than the ``Unified Budget'' concepts.