[Historical Tables]
[Section 1 - Overview of Federal Government Finances]
[Table 1.2 - Summary of Receipts, Outlays, and Surpluses or Deficits (-) as Percentages of GDP: 1930-2008]
[From the U.S. Government Printing Office, www.gpo.gov]
Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2008
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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...................................... 97.5 4.2 3.4 0.8 4.2 3.4 0.8 ........ ........ ...........
1931...................................... 83.9 3.7 4.3 -0.6 3.7 4.3 -0.6 ........ ........ ...........
1932...................................... 67.7 2.8 6.9 -4.0 2.8 6.9 -4.0 ........ ........ ...........
1933...................................... 57.6 3.5 8.0 -4.5 3.5 8.0 -4.5 ........ ........ ...........
1934...................................... 61.2 4.8 10.7 -5.9 4.8 10.7 -5.9 ........ ........ ...........
1935...................................... 69.7 5.2 9.2 -4.0 5.2 9.2 -4.0 ........ ........ ...........
1936...................................... 78.5 5.0 10.5 -5.5 5.0 10.5 -5.5 ........ ........ ...........
1937...................................... 87.8 6.1 8.6 -2.5 5.8 8.6 -2.8 0.3 -* 0.3
1938...................................... 89.0 7.6 7.7 -0.1 7.2 7.7 -0.5 0.4 -* 0.4
1939...................................... 89.0 7.1 10.3 -3.2 6.5 10.3 -3.8 0.6 -* 0.6
1940...................................... 96.7 6.8 9.8 -3.0 6.2 9.8 -3.6 0.6 -* 0.6
1941...................................... 114.0 7.6 12.0 -4.3 7.0 11.9 -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...................................... 180.1 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...................................... 221.3 20.4 41.9 -21.5 19.8 41.8 -22.0 0.6 0.1 0.5
1946...................................... 222.7 17.6 24.8 -7.2 17.1 24.7 -7.6 0.6 0.1 0.5
1947...................................... 234.6 16.4 14.7 1.7 15.8 14.6 1.2 0.6 0.1 0.5
1948...................................... 256.4 16.2 11.6 4.6 15.6 11.5 4.1 0.6 0.1 0.5
1949...................................... 271.5 14.5 14.3 0.2 13.9 14.1 -0.3 0.6 0.2 0.5
1950...................................... 273.4 14.4 15.6 -1.1 13.7 15.4 -1.7 0.8 0.2 0.6
1951...................................... 321.0 16.1 14.2 1.9 15.1 13.8 1.3 1.0 0.4 0.6
1952...................................... 348.8 19.0 19.4 -0.4 17.9 18.9 -1.0 1.0 0.5 0.5
1953...................................... 373.4 18.6 20.4 -1.7 17.5 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...................................... 395.2 16.6 17.3 -0.8 15.3 16.3 -1.0 1.3 1.0 0.3
1956...................................... 427.7 17.4 16.5 0.9 15.9 15.4 0.6 1.5 1.2 0.3
1957...................................... 450.7 17.7 17.0 0.8 16.2 15.7 0.6 1.5 1.3 0.2
1958...................................... 461.1 17.3 17.9 -0.6 15.5 16.2 -0.7 1.7 1.6 0.1
1959...................................... 492.1 16.1 18.7 -2.6 14.4 16.9 -2.5 1.7 1.8 -0.1
1960...................................... 518.9 17.8 17.8 0.1 15.8 15.7 0.1 2.1 2.1 -*
1961...................................... 531.8 17.7 18.4 -0.6 15.5 16.2 -0.7 2.3 2.2 0.1
1962...................................... 568.5 17.5 18.8 -1.3 15.4 16.4 -1.0 2.2 2.4 -0.2
1963...................................... 599.7 17.8 18.6 -0.8 15.4 16.1 -0.7 2.4 2.5 -0.1
1964...................................... 641.3 17.6 18.5 -0.9 15.0 16.0 -1.0 2.6 2.5 0.1
1965...................................... 687.9 17.0 17.2 -0.2 14.6 14.8 -0.2 2.4 2.4 *
1966...................................... 754.2 17.3 17.8 -0.5 14.8 15.2 -0.4 2.5 2.6 -0.1
1967...................................... 813.5 18.3 19.4 -1.1 15.3 16.8 -1.6 3.0 2.5 0.5
1968...................................... 868.4 17.6 20.5 -2.9 14.7 17.9 -3.2 2.9 2.6 0.3
1969...................................... 949.2 19.7 19.3 0.3 16.6 16.7 -0.1 3.1 2.7 0.4
1970...................................... 1,013.2 19.0 19.3 -0.3 15.7 16.6 -0.9 3.3 2.7 0.6
1971...................................... 1,081.4 17.3 19.4 -2.1 14.0 16.4 -2.4 3.3 3.0 0.3
1972...................................... 1,181.5 17.5 19.5 -2.0 14.2 16.4 -2.2 3.4 3.1 0.3
1973...................................... 1,308.1 17.6 18.8 -1.1 14.1 15.3 -1.2 3.5 3.5 *
1974...................................... 1,442.1 18.3 18.7 -0.4 14.5 15.1 -0.6 3.7 3.6 0.1
1975...................................... 1,559.8 17.9 21.3 -3.4 13.9 17.4 -3.5 4.0 3.9 0.1
1976...................................... 1,736.7 17.2 21.4 -4.2 13.3 17.4 -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...................................... 1,971.3 18.0 20.8 -2.7 14.1 16.7 -2.5 3.9 4.1 -0.2
1978...................................... 2,218.6 18.0 20.7 -2.7 14.2 16.6 -2.5 3.8 4.0 -0.2
1979...................................... 2,503.8 18.5 20.1 -1.6 14.6 16.1 -1.5 3.9 4.0 -0.1
1980...................................... 2,732.1 18.9 21.6 -2.7 14.8 17.4 -2.7 4.1 4.2 -*
1981...................................... 3,061.6 19.6 22.2 -2.6 15.3 17.7 -2.4 4.3 4.4 -0.2
1982...................................... 3,228.6 19.1 23.1 -4.0 14.7 18.4 -3.7 4.4 4.7 -0.2
1983...................................... 3,440.5 17.5 23.5 -6.0 13.2 19.2 -6.0 4.3 4.3 *
1984...................................... 3,839.4 17.4 22.2 -4.8 13.0 17.9 -4.8 4.3 4.3 *
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See footnote at end of table.
[[Page 24]]
Table 1.2--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-) AS PERCENTAGES OF GDP: 1930-2008--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...................................... 4,136.6 17.7 22.9 -5.1 13.2 18.6 -5.4 4.5 4.3 0.2
1986...................................... 4,401.4 17.5 22.5 -5.0 12.9 18.3 -5.4 4.5 4.2 0.4
1987...................................... 4,647.0 18.4 21.6 -3.2 13.8 17.4 -3.6 4.6 4.2 0.4
1988...................................... 5,014.7 18.1 21.2 -3.1 13.3 17.2 -3.9 4.8 4.0 0.8
1989...................................... 5,405.5 18.3 21.2 -2.8 13.5 17.3 -3.8 4.9 3.9 1.0
1990...................................... 5,735.6 18.0 21.8 -3.9 13.1 17.9 -4.8 4.9 3.9 1.0
1991...................................... 5,930.4 17.8 22.3 -4.5 12.8 18.3 -5.4 5.0 4.1 0.9
1992...................................... 6,218.6 17.5 22.2 -4.7 12.7 18.2 -5.5 4.9 4.1 0.8
1993...................................... 6,558.4 17.6 21.5 -3.9 12.8 17.4 -4.6 4.8 4.1 0.7
1994...................................... 6,944.6 18.1 21.1 -2.9 13.3 17.0 -3.7 4.8 4.0 0.8
1995...................................... 7,324.0 18.5 20.7 -2.2 13.7 16.8 -3.1 4.8 3.9 0.9
1996...................................... 7,694.6 18.9 20.3 -1.4 14.1 16.4 -2.3 4.8 3.9 0.9
1997...................................... 8,185.2 19.3 19.6 -0.3 14.5 15.8 -1.3 4.8 3.8 1.0
1998...................................... 8,663.9 19.9 19.1 0.8 15.1 15.4 -0.3 4.8 3.7 1.1
1999...................................... 9,137.7 20.0 18.6 1.4 15.1 15.1 * 4.9 3.5 1.4
2000...................................... 9,718.8 20.8 18.4 2.4 15.9 15.0 0.9 4.9 3.4 1.5
2001...................................... 10,021.5 19.9 18.6 1.3 14.8 15.1 -0.3 5.1 3.5 1.6
2002...................................... 10,336.6 17.9 19.5 -1.5 12.9 16.0 -3.1 5.0 3.4 1.5
2003 estimate............................. 10,756.8 17.1 19.9 -2.8 12.1 16.5 -4.3 4.9 3.4 1.5
2004 estimate............................. 11,303.1 17.0 19.7 -2.7 12.1 16.3 -4.3 4.9 3.4 1.5
2005 estimate............................. 11,883.6 18.0 19.7 -1.8 13.0 16.4 -3.4 5.0 3.3 1.7
2006 estimate............................. 12,482.6 18.1 19.7 -1.6 13.2 16.5 -3.3 4.9 3.2 1.7
2007 estimate............................. 13,104.2 18.3 19.7 -1.4 13.4 16.5 -3.1 4.9 3.2 1.7
2008 estimate............................. 13,751.5 18.3 19.7 -1.4 13.4 16.6 -3.1 4.9 3.1 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.