[Historical Tables]
[Section 1 - Overview of Federal Government Finances]
[Table 1.2 - Summary of Receipts, Outlays, and Surpluses or Deficits (-) as Percentages of GDP: 1930-2005]
[From the U.S. Government Publishing Office, www.gpo.gov]
[[Page 21]]
Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2005
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GDP Total On-Budget Off-Budget
(in ---------------------------------------------------------------------------------------------------
Year billions Medicare
of Receipts Outlays Surplus or Receipts Outlays Surplus or Receipts Outlays Surplus or Solvency
dollars) Deficit (-) Deficit (-) Deficit (-)
--------------------------------------------------------------------------------------------------------------------------------------------------------
1930........................... 97.4 4.2 3.4 0.8 4.2 3.4 0.8 ........ ........ ........... .........
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........................... 519.8 17.8 17.7 0.1 15.7 15.6 0.1 2.0 2.1 -* .........
1961........................... 530.9 17.8 18.4 -0.6 15.5 16.2 -0.7 2.3 2.2 0.1 .........
1962........................... 568.6 17.5 18.8 -1.3 15.4 16.4 -1.0 2.2 2.4 -0.2 .........
1963........................... 600.2 17.8 18.5 -0.8 15.4 16.1 -0.7 2.4 2.5 -0.1 .........
1964........................... 642.3 17.5 18.5 -0.9 15.0 16.0 -1.0 2.5 2.4 0.1 .........
1965........................... 688.2 17.0 17.2 -0.2 14.5 14.8 -0.2 2.4 2.4 * .........
1966........................... 757.2 17.3 17.8 -0.5 14.8 15.2 -0.4 2.5 2.6 -0.1 .........
1967........................... 811.7 18.3 19.4 -1.1 15.3 16.9 -1.6 3.0 2.5 0.5 .........
1968........................... 870.0 17.6 20.5 -2.9 14.7 17.9 -3.2 2.9 2.6 0.3 .........
1969........................... 949.4 19.7 19.3 0.3 16.6 16.7 -0.1 3.0 2.7 0.4 .........
1970........................... 1,013.7 19.0 19.3 -0.3 15.7 16.6 -0.9 3.3 2.7 0.6 .........
1971........................... 1,081.7 17.3 19.4 -2.1 14.0 16.4 -2.4 3.3 3.0 0.3 .........
1972........................... 1,178.5 17.6 19.6 -2.0 14.2 16.4 -2.2 3.4 3.1 0.3 .........
1973........................... 1,313.6 17.6 18.7 -1.1 14.1 15.2 -1.2 3.5 3.5 * .........
1974........................... 1,441.7 18.3 18.7 -0.4 14.5 15.1 -0.6 3.7 3.6 0.1 .........
1975........................... 1,559.2 17.9 21.3 -3.4 13.9 17.4 -3.5 4.0 3.9 0.1 .........
1976........................... 1,735.9 17.2 21.4 -4.2 13.3 17.4 -4.1 3.8 4.0 -0.2 .........
TQ............................. 459.2 17.7 20.9 -3.2 13.8 16.7 -2.9 3.9 4.2 -0.3 .........
1977........................... 1,974.6 18.0 20.7 -2.7 14.1 16.6 -2.5 3.9 4.1 -0.2 .........
1978........................... 2,219.5 18.0 20.7 -2.7 14.2 16.6 -2.5 3.8 4.0 -0.2 .........
1979........................... 2,504.9 18.5 20.1 -1.6 14.6 16.1 -1.5 3.9 4.0 -0.1 .........
1980........................... 2,731.8 18.9 21.6 -2.7 14.8 17.4 -2.7 4.1 4.2 -* .........
1981........................... 3,060.3 19.6 22.2 -2.6 15.3 17.7 -2.4 4.3 4.4 -0.2 .........
1982........................... 3,231.1 19.1 23.1 -4.0 14.7 18.4 -3.7 4.4 4.7 -0.2 .........
1983........................... 3,441.7 17.4 23.5 -6.0 13.2 19.2 -6.0 4.3 4.3 * .........
1984........................... 3,846.5 17.3 22.1 -4.8 13.0 17.8 -4.8 4.3 4.3 * .........
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See footnote at end of table.
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Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2005--Continued
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GDP Total On-Budget Off-Budget
(in ---------------------------------------------------------------------------------------------------
Year billions Medicare
of Receipts Outlays Surplus or Receipts Outlays Surplus or Receipts Outlays Surplus or Solvency
dollars) Deficit (-) Deficit (-) Deficit (-)
--------------------------------------------------------------------------------------------------------------------------------------------------------
1985........................... 4,141.6 17.7 22.9 -5.1 13.2 18.6 -5.4 4.5 4.3 0.2 .........
1986........................... 4,398.3 17.5 22.5 -5.0 12.9 18.3 -5.4 4.6 4.2 0.4 .........
1987........................... 4,653.9 18.4 21.6 -3.2 13.8 17.4 -3.6 4.6 4.2 0.4 .........
1988........................... 5,016.6 18.1 21.2 -3.1 13.3 17.2 -3.9 4.8 4.0 0.8 .........
1989........................... 5,406.6 18.3 21.2 -2.8 13.5 17.3 -3.8 4.9 3.9 1.0 .........
1990........................... 5,738.4 18.0 21.8 -3.9 13.1 17.9 -4.8 4.9 3.9 1.0 .........
1991........................... 5,927.9 17.8 22.3 -4.5 12.8 18.3 -5.4 5.0 4.1 0.9 .........
1992........................... 6,221.7 17.5 22.2 -4.7 12.7 18.2 -5.5 4.9 4.1 0.8 .........
1993........................... 6,560.9 17.6 21.5 -3.9 12.8 17.4 -4.6 4.8 4.1 0.7 .........
1994........................... 6,948.8 18.1 21.0 -2.9 13.3 17.0 -3.7 4.8 4.0 0.8 .........
1995........................... 7,322.6 18.5 20.7 -2.2 13.7 16.8 -3.1 4.8 3.9 0.9 .........
1996........................... 7,700.1 18.9 20.3 -1.4 14.1 16.4 -2.3 4.8 3.9 0.9 .........
1997........................... 8,182.8 19.3 19.6 -0.3 14.5 15.8 -1.3 4.8 3.8 1.0 .........
1998........................... 8,636.3 19.9 19.1 0.8 15.1 15.5 -0.3 4.8 3.7 1.1 .........
1999........................... 9,115.4 20.0 18.7 1.4 15.2 15.2 * 4.9 3.5 1.4 .........
2000 estimate.................. 9,571.9 20.4 18.7 1.7 15.5 15.3 0.2 5.0 3.4 1.5 .........
2001 estimate.................. 10,041.3 20.1 18.3 1.8 15.1 14.9 0.1 5.0 3.4 1.6 0.2
2002 estimate.................. 10,502.4 19.8 18.0 1.8 14.8 14.7 * 5.0 3.3 1.6 0.1
2003 estimate.................. 10,982.8 19.6 17.9 1.7 14.6 14.6 * 5.0 3.3 1.7 .........
2004 estimate.................. 11,502.0 19.4 17.7 1.7 14.5 14.5 * 4.9 3.2 1.7 .........
2005 estimate.................. 12,084.5 19.4 17.6 1.8 14.4 14.4 * 5.0 3.2 1.8 .........
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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.
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.