Table Data - State and Local Governments; Net Lending (+) or Borrowing (-) (Financial Account), Level
| Title | State and Local Governments; Net Lending (+) or Borrowing (-) (Financial Account), Level |
|---|---|
| Series ID | BOGZ1FL215000005Q |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Z.1 Financial Accounts of the United States |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Quarterly, End of Period |
| Units | Millions of U.S. Dollars |
| Date Range | 1945-10-01 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 |
|---|---|
| 1945-10-01 | -10269 |
| 1946-01-01 | . |
| 1946-04-01 | . |
| 1946-07-01 | . |
| 1946-10-01 | -11915 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | -13893 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | -16077 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | -18462 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | -23553 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | -25998 |
| 1952-01-01 | -28110 |
| 1952-04-01 | -30647 |
| 1952-07-01 | -32126 |
| 1952-10-01 | -33376 |
| 1953-01-01 | -35151 |
| 1953-04-01 | -36549 |
| 1953-07-01 | -37920 |
| 1953-10-01 | -39060 |
| 1954-01-01 | -40880 |
| 1954-04-01 | -42475 |
| 1954-07-01 | -44114 |
| 1954-10-01 | -45546 |
| 1955-01-01 | -47650 |
| 1955-04-01 | -49220 |
| 1955-07-01 | -50695 |
| 1955-10-01 | -51783 |
| 1956-01-01 | -53801 |
| 1956-04-01 | -55518 |
| 1956-07-01 | -57355 |
| 1956-10-01 | -58909 |
| 1957-01-01 | -61201 |
| 1957-04-01 | -63192 |
| 1957-07-01 | -65346 |
| 1957-10-01 | -67293 |
| 1958-01-01 | -70374 |
| 1958-04-01 | -72879 |
| 1958-07-01 | -75364 |
| 1958-10-01 | -77582 |
| 1959-01-01 | -79151 |
| 1959-04-01 | -80209 |
| 1959-07-01 | -81781 |
| 1959-10-01 | -82150 |
| 1960-01-01 | -84468 |
| 1960-04-01 | -86526 |
| 1960-07-01 | -89196 |
| 1960-10-01 | -91307 |
| 1961-01-01 | -94044 |
| 1961-04-01 | -96095 |
| 1961-07-01 | -98812 |
| 1961-10-01 | -100874 |
| 1962-01-01 | -101510 |
| 1962-04-01 | -101896 |
| 1962-07-01 | -101912 |
| 1962-10-01 | -101974 |
| 1963-01-01 | -103640 |
| 1963-04-01 | -105852 |
| 1963-07-01 | -107529 |
| 1963-10-01 | -109179 |
| 1964-01-01 | -111218 |
| 1964-04-01 | -113600 |
| 1964-07-01 | -115838 |
| 1964-10-01 | -117445 |
| 1965-01-01 | -119657 |
| 1965-04-01 | -122467 |
| 1965-07-01 | -124725 |
| 1965-10-01 | -126270 |
| 1966-01-01 | -128739 |
| 1966-04-01 | -132250 |
| 1966-07-01 | -135590 |
| 1966-10-01 | -138276 |
| 1967-01-01 | -141103 |
| 1967-04-01 | -144861 |
| 1967-07-01 | -148275 |
| 1967-10-01 | -150723 |
| 1968-01-01 | -155884 |
| 1968-04-01 | -160429 |
| 1968-07-01 | -164855 |
| 1968-10-01 | -169871 |
| 1969-01-01 | -176703 |
| 1969-04-01 | -183456 |
| 1969-07-01 | -189456 |
| 1969-10-01 | -194442 |
| 1970-01-01 | -199580 |
| 1970-04-01 | -206804 |
| 1970-07-01 | -210964 |
| 1970-10-01 | -216659 |
| 1971-01-01 | -226428 |
| 1971-04-01 | -236277 |
| 1971-07-01 | -245507 |
| 1971-10-01 | -253320 |
| 1972-01-01 | -262312 |
| 1972-04-01 | -270594 |
| 1972-07-01 | -278387 |
| 1972-10-01 | -283101 |
| 1973-01-01 | -282629 |
| 1973-04-01 | -281307 |
| 1973-07-01 | -277968 |
| 1973-10-01 | -278655 |
| 1974-01-01 | -284504 |
| 1974-04-01 | -292595 |
| 1974-07-01 | -305223 |
| 1974-10-01 | -315420 |
| 1975-01-01 | -320380 |
| 1975-04-01 | -325337 |
| 1975-07-01 | -334987 |
| 1975-10-01 | -343386 |
| 1976-01-01 | -339421 |
| 1976-04-01 | -340366 |
| 1976-07-01 | -338416 |
| 1976-10-01 | -332717 |
| 1977-01-01 | -333926 |
| 1977-04-01 | -336147 |
| 1977-07-01 | -337645 |
| 1977-10-01 | -336527 |
| 1978-01-01 | -339361 |
| 1978-04-01 | -339324 |
| 1978-07-01 | -340979 |
| 1978-10-01 | -344337 |
| 1979-01-01 | -345270 |
| 1979-04-01 | -352000 |
| 1979-07-01 | -358494 |
| 1979-10-01 | -363431 |
| 1980-01-01 | -365463 |
| 1980-04-01 | -364053 |
| 1980-07-01 | -361665 |
| 1980-10-01 | -358869 |
| 1981-01-01 | -368728 |
| 1981-04-01 | -377787 |
| 1981-07-01 | -394516 |
| 1981-10-01 | -404318 |
| 1982-01-01 | -419436 |
| 1982-04-01 | -433026 |
| 1982-07-01 | -441547 |
| 1982-10-01 | -447332 |
| 1983-01-01 | -446181 |
| 1983-04-01 | -442672 |
| 1983-07-01 | -455267 |
| 1983-10-01 | -459146 |
| 1984-01-01 | -487143 |
| 1984-04-01 | -491128 |
| 1984-07-01 | -487860 |
| 1984-10-01 | -491434 |
| 1985-01-01 | -488225 |
| 1985-04-01 | -485957 |
| 1985-07-01 | -507811 |
| 1985-10-01 | -498858 |
| 1986-01-01 | -491560 |
| 1986-04-01 | -489894 |
| 1986-07-01 | -510974 |
| 1986-10-01 | -497005 |
| 1987-01-01 | -473403 |
| 1987-04-01 | -471234 |
| 1987-07-01 | -479203 |
| 1987-10-01 | -524356 |
| 1988-01-01 | -524716 |
| 1988-04-01 | -527840 |
| 1988-07-01 | -543727 |
| 1988-10-01 | -543548 |
| 1989-01-01 | -563379 |
| 1989-04-01 | -559081 |
| 1989-07-01 | -582377 |
| 1989-10-01 | -612137 |
| 1990-01-01 | -636987 |
| 1990-04-01 | -644601 |
| 1990-07-01 | -715841 |
| 1990-10-01 | -715597 |
| 1991-01-01 | -704214 |
| 1991-04-01 | -739636 |
| 1991-07-01 | -757467 |
| 1991-10-01 | -771593 |
| 1992-01-01 | -833750 |
| 1992-04-01 | -896251 |
| 1992-07-01 | -947144 |
| 1992-10-01 | -969286 |
| 1993-01-01 | -983606 |
| 1993-04-01 | -1018034 |
| 1993-07-01 | -1031320 |
| 1993-10-01 | -1035761 |
| 1994-01-01 | -1084430 |
| 1994-04-01 | -1100177 |
| 1994-07-01 | -1094782 |
| 1994-10-01 | -1089853 |
| 1995-01-01 | -1057870 |
| 1995-04-01 | -1030234 |
| 1995-07-01 | -985078 |
| 1995-10-01 | -971883 |
| 1996-01-01 | -957402 |
| 1996-04-01 | -943296 |
| 1996-07-01 | -928395 |
| 1996-10-01 | -885783 |
| 1997-01-01 | -888923 |
| 1997-04-01 | -766351 |
| 1997-07-01 | -683404 |
| 1997-10-01 | -689467 |
| 1998-01-01 | -559674 |
| 1998-04-01 | -562573 |
| 1998-07-01 | -734723 |
| 1998-10-01 | -533223 |
| 1999-01-01 | -520089 |
| 1999-04-01 | -450639 |
| 1999-07-01 | -565454 |
| 1999-10-01 | -368083 |
| 2000-01-01 | -331803 |
| 2000-04-01 | -411237 |
| 2000-07-01 | -409095 |
| 2000-10-01 | -593548 |
| 2001-01-01 | -820041 |
| 2001-04-01 | -770240 |
| 2001-07-01 | -1039749 |
| 2001-10-01 | -967902 |
| 2002-01-01 | -995168 |
| 2002-04-01 | -1243389 |
| 2002-07-01 | -1421686 |
| 2002-10-01 | -1484315 |
| 2003-01-01 | -1512768 |
| 2003-04-01 | -1514447 |
| 2003-07-01 | -1496249 |
| 2003-10-01 | -1350437 |
| 2004-01-01 | -2107180 |
| 2004-04-01 | -2251719 |
| 2004-07-01 | -2364773 |
| 2004-10-01 | -2303334 |
| 2005-01-01 | -2423556 |
| 2005-04-01 | -2421380 |
| 2005-07-01 | -2345484 |
| 2005-10-01 | -2320384 |
| 2006-01-01 | -2272405 |
| 2006-04-01 | -2358802 |
| 2006-07-01 | -2281953 |
| 2006-10-01 | -2202936 |
| 2007-01-01 | -2207482 |
| 2007-04-01 | -2164457 |
| 2007-07-01 | -2145871 |
| 2007-10-01 | -2256677 |
| 2008-01-01 | -2525488 |
| 2008-04-01 | -2690218 |
| 2008-07-01 | -3122558 |
| 2008-10-01 | -3643429 |
| 2009-01-01 | -3994832 |
| 2009-04-01 | -3848782 |
| 2009-07-01 | -3626674 |
| 2009-10-01 | -3650895 |
| 2010-01-01 | -3706774 |
| 2010-04-01 | -4027528 |
| 2010-07-01 | -3917455 |
| 2010-10-01 | -3911677 |
| 2011-01-01 | -3904571 |
| 2011-04-01 | -3969816 |
| 2011-07-01 | -4343174 |
| 2011-10-01 | -4230418 |
| 2012-01-01 | -4068111 |
| 2012-04-01 | -4210262 |
| 2012-07-01 | -4098081 |
| 2012-10-01 | -4107119 |
| 2013-01-01 | -4183272 |
| 2013-04-01 | -4455720 |
| 2013-07-01 | -4575746 |
| 2013-10-01 | -4653738 |
| 2014-01-01 | -4715773 |
| 2014-04-01 | -4695651 |
| 2014-07-01 | -4811263 |
| 2014-10-01 | -4790853 |
| 2015-01-01 | -4777976 |
| 2015-04-01 | -4919978 |
| 2015-07-01 | -5215107 |
| 2015-10-01 | -5197003 |
| 2016-01-01 | -5245626 |
| 2016-04-01 | -5269102 |
| 2016-07-01 | -5206092 |
| 2016-10-01 | -5273877 |
| 2017-01-01 | -5198712 |
| 2017-04-01 | -5179747 |
| 2017-07-01 | -5094696 |
| 2017-10-01 | -4960143 |
| 2018-01-01 | -5065822 |
| 2018-04-01 | -5058178 |
| 2018-07-01 | -5022002 |
| 2018-10-01 | -5381680 |
| 2019-01-01 | -5166441 |
| 2019-04-01 | -5040285 |
| 2019-07-01 | -5105632 |
| 2019-10-01 | -4973838 |
| 2020-01-01 | -5583318 |
| 2020-04-01 | -5109559 |
| 2020-07-01 | -4964470 |
| 2020-10-01 | -4515184 |
| 2021-01-01 | -4525815 |
| 2021-04-01 | -4071587 |
| 2021-07-01 | -4112933 |
| 2021-10-01 | -3792850 |
| 2022-01-01 | -3761151 |
| 2022-04-01 | -3823855 |
| 2022-07-01 | -3809565 |
| 2022-10-01 | -3276732 |
| 2023-01-01 | -3167984 |
| 2023-04-01 | -3129729 |
| 2023-07-01 | -3406641 |
| 2023-10-01 | -3039023 |
| 2024-01-01 | -2901183 |
| 2024-04-01 | -2953980 |
| 2024-07-01 | -2685099 |
| 2024-10-01 | -2904042 |
| 2025-01-01 | -3027718 |
| 2025-04-01 | -2693286 |
| 2025-07-01 | -2491331 |
| 2025-10-01 | -2400479 |
| 2026-01-01 | -2698710 |
| 2026-04-01 | -2260558 |