Table Data - State and Local Governments; Debt Securities and Loans; Liability, Growth Rate
| Title | State and Local Governments; Debt Securities and Loans; Liability, Growth Rate |
|---|---|
| Series ID | BOGZ1FG214104005Q |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Z.1 Financial Accounts of the United States |
| Seasonal Adjustment | Seasonally Adjusted |
| Frequency | Quarterly, End of Period |
| Units | Percent |
| Date Range | 1946-10-01 to 2026-04-01 |
| Last Updated | 2026-09-11 11:51 AM CDT |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1946-10-01 | 0.3798971112 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 12.8518489316 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 9.8092643052 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 5.7326461793 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 27.6326874473 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 11.2022630835 |
| 1952-01-01 | 35.3090816586 |
| 1952-04-01 | 42.0445691133 |
| 1952-07-01 | 16.7947542833 |
| 1952-10-01 | 16.7540684102 |
| 1953-01-01 | 15.8337392434 |
| 1953-04-01 | 15.5806834510 |
| 1953-07-01 | 15.1168034635 |
| 1953-10-01 | 14.6937829538 |
| 1954-01-01 | 14.2849158889 |
| 1954-04-01 | 14.2995898986 |
| 1954-07-01 | 13.7435202792 |
| 1954-10-01 | 14.0425103254 |
| 1955-01-01 | 13.3910758601 |
| 1955-04-01 | 12.0250482603 |
| 1955-07-01 | 11.2444292081 |
| 1955-10-01 | 10.3412248527 |
| 1956-01-01 | 9.6905608044 |
| 1956-04-01 | 9.3682562519 |
| 1956-07-01 | 8.4675335414 |
| 1956-10-01 | 7.9680952285 |
| 1957-01-01 | 7.8759849943 |
| 1957-04-01 | 8.6193136472 |
| 1957-07-01 | 9.1387195122 |
| 1957-10-01 | 10.1343169582 |
| 1958-01-01 | 9.9347735242 |
| 1958-04-01 | 9.8854731766 |
| 1958-07-01 | 9.2733564014 |
| 1958-10-01 | 10.3415623943 |
| 1959-01-01 | 9.5205129473 |
| 1959-04-01 | 9.9689275997 |
| 1959-07-01 | 10.7632616516 |
| 1959-10-01 | 8.0888426592 |
| 1960-01-01 | 8.8521050738 |
| 1960-04-01 | 8.3083964091 |
| 1960-07-01 | 8.0013795482 |
| 1960-10-01 | 6.9371653987 |
| 1961-01-01 | 7.7273545582 |
| 1961-04-01 | 5.9832078907 |
| 1961-07-01 | 8.4918414606 |
| 1961-10-01 | 7.9797622324 |
| 1962-01-01 | 8.9751333290 |
| 1962-04-01 | 7.0084589183 |
| 1962-07-01 | 5.9885121364 |
| 1962-10-01 | 7.8036194579 |
| 1963-01-01 | 6.1501730930 |
| 1963-04-01 | 8.2202732253 |
| 1963-07-01 | 5.1378936940 |
| 1963-10-01 | 6.0144902810 |
| 1964-01-01 | 5.7012874959 |
| 1964-04-01 | 7.6363033751 |
| 1964-07-01 | 7.5756425962 |
| 1964-10-01 | 6.9539312693 |
| 1965-01-01 | 7.3245210407 |
| 1965-04-01 | 8.7825417202 |
| 1965-07-01 | 7.8381718971 |
| 1965-10-01 | 6.7453160265 |
| 1966-01-01 | 6.6257002733 |
| 1966-04-01 | 8.1271512066 |
| 1966-07-01 | 5.7001887603 |
| 1966-10-01 | 5.5205962834 |
| 1967-01-01 | 5.2564137517 |
| 1967-04-01 | 7.5198220500 |
| 1967-07-01 | 7.3881043772 |
| 1967-10-01 | 5.8295731549 |
| 1968-01-01 | 5.9434958934 |
| 1968-04-01 | 6.5213741227 |
| 1968-07-01 | 6.3903252986 |
| 1968-10-01 | 10.1892806036 |
| 1969-01-01 | 12.7175421209 |
| 1969-04-01 | 10.1279440581 |
| 1969-07-01 | 8.0641534887 |
| 1969-10-01 | 6.2797531590 |
| 1970-01-01 | 6.0843212279 |
| 1970-04-01 | 9.1593046452 |
| 1970-07-01 | 6.7059495452 |
| 1970-10-01 | 11.8809982121 |
| 1971-01-01 | 11.6367410206 |
| 1971-04-01 | 10.8087142026 |
| 1971-07-01 | 9.4567885693 |
| 1971-10-01 | 10.1361405925 |
| 1972-01-01 | 10.6076870948 |
| 1972-04-01 | 7.4546208718 |
| 1972-07-01 | 7.0727636658 |
| 1972-10-01 | 7.3669142593 |
| 1973-01-01 | 7.7981295999 |
| 1973-04-01 | 5.9793848008 |
| 1973-07-01 | 7.3267125522 |
| 1973-10-01 | 9.1737915678 |
| 1974-01-01 | 9.0420425200 |
| 1974-04-01 | 6.9283368979 |
| 1974-07-01 | 7.0452840617 |
| 1974-10-01 | 3.9029878614 |
| 1975-01-01 | 4.3417077704 |
| 1975-04-01 | 4.1354473020 |
| 1975-07-01 | 2.6917596603 |
| 1975-10-01 | 9.8636023916 |
| 1976-01-01 | 10.3027457273 |
| 1976-04-01 | 11.3862112182 |
| 1976-07-01 | 6.5112741666 |
| 1976-10-01 | 4.5054660028 |
| 1977-01-01 | 6.8031787411 |
| 1977-04-01 | 10.3424027695 |
| 1977-07-01 | 8.2873309132 |
| 1977-10-01 | 7.1717801894 |
| 1978-01-01 | 14.4188316124 |
| 1978-04-01 | 14.2924426995 |
| 1978-07-01 | 13.7018793519 |
| 1978-10-01 | 15.9030313263 |
| 1979-01-01 | 10.1853511998 |
| 1979-04-01 | 8.6907181125 |
| 1979-07-01 | 8.8339564889 |
| 1979-10-01 | 7.1545455120 |
| 1980-01-01 | 6.9369615413 |
| 1980-04-01 | 6.3403741260 |
| 1980-07-01 | 6.9213213213 |
| 1980-10-01 | 6.6973273272 |
| 1981-01-01 | 7.9632092070 |
| 1981-04-01 | 5.2252975453 |
| 1981-07-01 | 9.1963583230 |
| 1981-10-01 | 8.7809219309 |
| 1982-01-01 | 11.6176684030 |
| 1982-04-01 | 11.3952880949 |
| 1982-07-01 | 9.8433845396 |
| 1982-10-01 | 10.2285993303 |
| 1983-01-01 | 10.4288814667 |
| 1983-04-01 | 14.8133841465 |
| 1983-07-01 | 8.7543295820 |
| 1983-10-01 | 9.9466350759 |
| 1984-01-01 | 31.7382657897 |
| 1984-04-01 | 12.6575258793 |
| 1984-07-01 | 16.0733866334 |
| 1984-10-01 | 9.7678799124 |
| 1985-01-01 | 19.2206814240 |
| 1985-04-01 | 19.9794561997 |
| 1985-07-01 | 15.8910389503 |
| 1985-10-01 | 59.4305140199 |
| 1986-01-01 | 2.3309809545 |
| 1986-04-01 | 18.5724093821 |
| 1986-07-01 | 6.6122597696 |
| 1986-10-01 | 11.6084693464 |
| 1987-01-01 | 16.3443639406 |
| 1987-04-01 | 7.3564288728 |
| 1987-07-01 | 9.2428290448 |
| 1987-10-01 | 8.9963738939 |
| 1988-01-01 | 4.0589494577 |
| 1988-04-01 | 4.9307826902 |
| 1988-07-01 | 4.9486482035 |
| 1988-10-01 | 6.3727430235 |
| 1989-01-01 | 3.1657281121 |
| 1989-04-01 | 3.2924651591 |
| 1989-07-01 | 4.9078023398 |
| 1989-10-01 | 7.3990756021 |
| 1990-01-01 | 7.5268306337 |
| 1990-04-01 | 3.4308854200 |
| 1990-07-01 | 2.1093948280 |
| 1990-10-01 | 4.3673366136 |
| 1991-01-01 | 4.5255966823 |
| 1991-04-01 | 5.6832954722 |
| 1991-07-01 | 9.5305229285 |
| 1991-10-01 | 14.0601545364 |
| 1992-01-01 | -0.3392948781 |
| 1992-04-01 | 1.6831624111 |
| 1992-07-01 | 4.9306619989 |
| 1992-10-01 | -1.3768388738 |
| 1993-01-01 | 5.5581972938 |
| 1993-04-01 | 6.8227844314 |
| 1993-07-01 | 6.9550519731 |
| 1993-10-01 | 0.2363923899 |
| 1994-01-01 | -1.8609936317 |
| 1994-04-01 | -6.3197717621 |
| 1994-07-01 | -0.5832072245 |
| 1994-10-01 | -7.3829338318 |
| 1995-01-01 | -5.5547033443 |
| 1995-04-01 | -5.4205713554 |
| 1995-07-01 | -5.0037979796 |
| 1995-10-01 | -6.3937511794 |
| 1996-01-01 | -2.1031258167 |
| 1996-04-01 | -1.3569469547 |
| 1996-07-01 | -3.3340566593 |
| 1996-10-01 | -1.0474648716 |
| 1997-01-01 | 1.9642692183 |
| 1997-04-01 | 2.8620565172 |
| 1997-07-01 | 7.2710245498 |
| 1997-10-01 | 7.1549413221 |
| 1998-01-01 | 5.6725923018 |
| 1998-04-01 | 6.4093544717 |
| 1998-07-01 | 5.7601276309 |
| 1998-10-01 | 6.1592186861 |
| 1999-01-01 | 5.4197253317 |
| 1999-04-01 | 1.8425174591 |
| 1999-07-01 | 4.8290534353 |
| 1999-10-01 | 0.9433358922 |
| 2000-01-01 | 1.7248362021 |
| 2000-04-01 | -2.2283354368 |
| 2000-07-01 | 3.8455447967 |
| 2000-10-01 | 2.6242073208 |
| 2001-01-01 | 10.5258645068 |
| 2001-04-01 | 6.3182696174 |
| 2001-07-01 | 7.3040081139 |
| 2001-10-01 | 10.0658809723 |
| 2002-01-01 | 7.6454424999 |
| 2002-04-01 | 10.3550444863 |
| 2002-07-01 | 10.8911079417 |
| 2002-10-01 | 12.8473187872 |
| 2003-01-01 | 7.4837849845 |
| 2003-04-01 | 11.9739689036 |
| 2003-07-01 | 6.4522947770 |
| 2003-10-01 | 6.7641222785 |
| 2004-01-01 | 10.5191690018 |
| 2004-04-01 | 9.7247661182 |
| 2004-07-01 | 8.2868342167 |
| 2004-10-01 | 5.8296804212 |
| 2005-01-01 | 8.2163728923 |
| 2005-04-01 | 6.9721716240 |
| 2005-07-01 | 6.7466606076 |
| 2005-10-01 | 4.1559050156 |
| 2006-01-01 | 0.2257664783 |
| 2006-04-01 | 5.5950742921 |
| 2006-07-01 | 5.9945026429 |
| 2006-10-01 | 6.0889126315 |
| 2007-01-01 | 8.3805508538 |
| 2007-04-01 | 8.0297048899 |
| 2007-07-01 | 4.8070550286 |
| 2007-10-01 | 3.9491216560 |
| 2008-01-01 | 3.4345405005 |
| 2008-04-01 | 2.7575420182 |
| 2008-07-01 | 1.2501062291 |
| 2008-10-01 | -0.8905093099 |
| 2009-01-01 | 4.7949024398 |
| 2009-04-01 | 5.5886583111 |
| 2009-07-01 | 3.1225171766 |
| 2009-10-01 | 5.1528839030 |
| 2010-01-01 | 2.7981433270 |
| 2010-04-01 | 0.8058721140 |
| 2010-07-01 | 1.8112530137 |
| 2010-10-01 | 6.2781649979 |
| 2011-01-01 | -2.5394831409 |
| 2011-04-01 | -2.4540510410 |
| 2011-07-01 | 0.8955126963 |
| 2011-10-01 | 1.2761280721 |
| 2012-01-01 | 0.4863362811 |
| 2012-04-01 | 2.7227119354 |
| 2012-07-01 | 1.1626049832 |
| 2012-10-01 | -2.7779452795 |
| 2013-01-01 | 0.4500363259 |
| 2013-04-01 | -1.7388630540 |
| 2013-07-01 | -1.1828281363 |
| 2013-10-01 | 3.8590841071 |
| 2014-01-01 | 0.1779820641 |
| 2014-04-01 | -1.4683722530 |
| 2014-07-01 | -6.7698694023 |
| 2014-10-01 | 1.5456250530 |
| 2015-01-01 | 2.3720439280 |
| 2015-04-01 | 1.1280637321 |
| 2015-07-01 | 1.3371885441 |
| 2015-10-01 | -0.4685467191 |
| 2016-01-01 | 1.5124080979 |
| 2016-04-01 | 2.5525912070 |
| 2016-07-01 | 1.3572740894 |
| 2016-10-01 | 0.2570816422 |
| 2017-01-01 | -1.7394359424 |
| 2017-04-01 | -0.0007313329 |
| 2017-07-01 | -0.1868558974 |
| 2017-10-01 | 3.9894635603 |
| 2018-01-01 | -2.8056775216 |
| 2018-04-01 | 0.1056657562 |
| 2018-07-01 | 0.0331865744 |
| 2018-10-01 | -2.7087965463 |
| 2019-01-01 | -2.0908840027 |
| 2019-04-01 | -1.4142873191 |
| 2019-07-01 | 0.7321226611 |
| 2019-10-01 | 2.8962751141 |
| 2020-01-01 | 1.5326706483 |
| 2020-04-01 | 4.0495412158 |
| 2020-07-01 | 5.6815551790 |
| 2020-10-01 | 1.8850947317 |
| 2021-01-01 | 2.9741762238 |
| 2021-04-01 | 2.5252067786 |
| 2021-07-01 | 2.5389159134 |
| 2021-10-01 | -0.6808365928 |
| 2022-01-01 | -2.2470100855 |
| 2022-04-01 | 2.4011772047 |
| 2022-07-01 | 0.0791471114 |
| 2022-10-01 | -4.6601570588 |
| 2023-01-01 | 1.0926828809 |
| 2023-04-01 | 2.2138830971 |
| 2023-07-01 | -0.0242534185 |
| 2023-10-01 | -0.9826728407 |
| 2024-01-01 | 2.5103673202 |
| 2024-04-01 | 5.8125901165 |
| 2024-07-01 | 3.7852813523 |
| 2024-10-01 | -1.0077194640 |
| 2025-01-01 | 4.0566368964 |
| 2025-04-01 | 8.1655598959 |
| 2025-07-01 | 5.4682571176 |
| 2025-10-01 | 0.3589036379 |
| 2026-01-01 | 6.0842911794 |
| 2026-04-01 | 9.0590533331 |