[Historical Tables]
[Section 7 - Federal Debt]
[Table 7.1 - Federal Debt at the End of Year: 1940-2003]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                                                  Table 7.1--FEDERAL DEBT AT THE END OF YEAR: 1940-2003                                                 
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                                                    In Millions of Dollars                                       As Percentages of GDP                  
                                 -----------------------------------------------------------------------------------------------------------------------
                                                              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       56.1        10.4        45.7         5.1        40.6 
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       53.4         9.7        43.7         5.2        38.5 
1963............................     310,324      56,345     253,978      32,027     221,951       51.9         9.4        42.5         5.4        37.1 
1964............................     316,059      59,210     256,849      34,794     222,055       49.4         9.3        40.1         5.4        34.7 
                                                                                                                                                        
1965............................     322,318      61,540     260,778      39,100     221,678       46.9         9.0        38.0         5.7        32.3 
1966............................     328,498      64,784     263,714      42,169     221,545       43.6         8.6        35.0         5.6        29.4 
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       42.5         9.1        33.4         6.0        27.3 
1969............................     365,769      87,661     278,108      54,095     224,013       38.6         9.2        29.3         5.7        23.6 
                                                                                                                                                        
1970............................     380,921      97,723     283,198      57,714     225,484       37.8         9.7        28.1         5.7        22.3 
1971............................     408,176     105,140     303,037      65,518     237,519       37.9         9.8        28.1         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       35.7         9.6        26.1         5.8        20.3 
1974............................     483,893     140,194     343,699      80,648     263,051       33.6         9.7        23.9         5.6        18.3 
                                                                                                                                                        
1975............................     541,925     147,225     394,700      84,993     309,707       34.9         9.5        25.4         5.5        19.9 
1976............................     628,970     151,566     477,404      94,714     382,690       36.3         8.8        27.6         5.5        22.1 
TQ..............................     643,561     148,052     495,509      96,702     398,807       35.4         8.1        27.2         5.3        21.9 
1977............................     706,398     157,295     549,103     105,004     444,099       35.8         8.0        27.9         5.3        22.5 
1978............................     776,602     169,477     607,125     115,480     491,645       35.1         7.7        27.4         5.2        22.2 
1979............................     829,470     189,162     640,308     115,594     524,714       33.2         7.6        25.7         4.6        21.0 
                                                                                                                                                        
1980............................     909,050     199,212     709,838     120,846     588,992       33.4         7.3        26.1         4.4        21.7 
1981............................     994,845     209,507     785,338     124,466     660,872       32.6         6.9        25.8         4.1        21.7 
1982............................   1,137,345     217,560     919,785     134,497     785,288       35.4         6.8        28.6         4.2        24.5 
1983............................   1,371,710     240,114   1,131,596     155,527     976,069       40.1         7.0        33.1         4.5        28.5 
1984............................   1,564,657     264,159   1,300,498     155,122   1,145,376       41.0         6.9        34.1         4.1        30.0 
                                                                                                                                                        
1985............................   1,817,521     317,612   1,499,908     169,806   1,330,102       44.3         7.7        36.6         4.1        32.4 
1986............................   2,120,629     383,919   1,736,709     190,855   1,545,854       48.5         8.8        39.7         4.4        35.3 
1987............................   2,346,125     457,444   1,888,680     212,040   1,676,640       50.9         9.9        41.0         4.6        36.4 
1988............................   2,601,307     550,507   2,050,799     229,218   1,821,581       52.5        11.1        41.4         4.6        36.8 
1989............................   2,868,039     678,157   2,189,882     220,088   1,969,795       53.6        12.7        40.9         4.1        36.8 
                                                                                                                                                        
1990............................   3,206,564     795,841   2,410,722     234,410   2,176,312       56.4        14.0        42.4         4.1        38.3 
1991............................   3,598,498     910,362   2,688,137     258,591   2,429,546       61.4        15.5        45.9         4.4        41.5 
1992............................   4,002,136   1,003,302   2,998,834     296,397   2,702,437       65.1        16.3        48.8         4.8        44.0 
1993............................   4,351,416   1,103,945   3,247,471     325,653   2,921,818       67.2        17.0        50.2         5.0        45.1 
1994............................   4,643,705   1,211,588   3,432,117     355,150   3,076,967       67.8        17.7        50.1         5.2        44.9 
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[[Page 111]]


                                            Table 7.1--FEDERAL DEBT AT THE END OF YEAR: 1940-2003--Continued                                            
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                                                    In Millions of Dollars                                       As Percentages of GDP                  
                                 -----------------------------------------------------------------------------------------------------------------------
                                                              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............................   4,921,018   1,317,645   3,603,373     374,114   3,229,259       68.4        18.3        50.1         5.2        44.9 
1996............................   5,181,934   1,448,967   3,732,968     390,924   3,342,043       68.8        19.2        49.6         5.2        44.4 
1997............................   5,369,707   1,598,559   3,771,148     424,507   3,346,641       67.4        20.1        47.3         5.3        42.0 
1998 estimate...................   5,543,589   1,746,773   3,796,816         N/A         N/A       66.4        20.9        45.5         N/A         N/A 
1999 estimate...................   5,738,119   1,930,829   3,807,290         N/A         N/A       66.1        22.2        43.8         N/A         N/A 
                                                                                                                                                        
2000 estimate...................   5,915,719   2,103,992   3,811,727         N/A         N/A       65.4        23.3        42.1         N/A         N/A 
2001 estimate...................   6,078,886   2,280,575   3,798,311         N/A         N/A       64.4        24.2        40.2         N/A         N/A 
2002 estimate...................   6,203,701   2,481,619   3,722,082         N/A         N/A       62.8        25.1        37.7         N/A         N/A 
2003 estimate...................   6,336,234   2,684,123   3,652,111         N/A         N/A       61.3        26.0        35.3         N/A         N/A 
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N/A: Not available.