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 2025-10-01 |
| Last Updated | 2026-03-19 11:26 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 | -487575 |
| 1984-04-01 | -491541 |
| 1984-07-01 | -488313 |
| 1984-10-01 | -491765 |
| 1985-01-01 | -488609 |
| 1985-04-01 | -486254 |
| 1985-07-01 | -508153 |
| 1985-10-01 | -499052 |
| 1986-01-01 | -491677 |
| 1986-04-01 | -489982 |
| 1986-07-01 | -511106 |
| 1986-10-01 | -497049 |
| 1987-01-01 | -473405 |
| 1987-04-01 | -471223 |
| 1987-07-01 | -479159 |
| 1987-10-01 | -524345 |
| 1988-01-01 | -524587 |
| 1988-04-01 | -527714 |
| 1988-07-01 | -543406 |
| 1988-10-01 | -543367 |
| 1989-01-01 | -563406 |
| 1989-04-01 | -559117 |
| 1989-07-01 | -582335 |
| 1989-10-01 | -612074 |
| 1990-01-01 | -636904 |
| 1990-04-01 | -644509 |
| 1990-07-01 | -715700 |
| 1990-10-01 | -715460 |
| 1991-01-01 | -704169 |
| 1991-04-01 | -739531 |
| 1991-07-01 | -757332 |
| 1991-10-01 | -771275 |
| 1992-01-01 | -833362 |
| 1992-04-01 | -895865 |
| 1992-07-01 | -946768 |
| 1992-10-01 | -969114 |
| 1993-01-01 | -983399 |
| 1993-04-01 | -1017856 |
| 1993-07-01 | -1031128 |
| 1993-10-01 | -1035585 |
| 1994-01-01 | -1084255 |
| 1994-04-01 | -1100017 |
| 1994-07-01 | -1094568 |
| 1994-10-01 | -1089608 |
| 1995-01-01 | -1057611 |
| 1995-04-01 | -1029957 |
| 1995-07-01 | -984703 |
| 1995-10-01 | -971575 |
| 1996-01-01 | -957173 |
| 1996-04-01 | -943079 |
| 1996-07-01 | -928176 |
| 1996-10-01 | -885527 |
| 1997-01-01 | -888660 |
| 1997-04-01 | -766078 |
| 1997-07-01 | -683128 |
| 1997-10-01 | -689162 |
| 1998-01-01 | -559323 |
| 1998-04-01 | -562210 |
| 1998-07-01 | -734404 |
| 1998-10-01 | -532882 |
| 1999-01-01 | -519782 |
| 1999-04-01 | -450298 |
| 1999-07-01 | -565156 |
| 1999-10-01 | -367728 |
| 2000-01-01 | -331414 |
| 2000-04-01 | -410856 |
| 2000-07-01 | -408716 |
| 2000-10-01 | -593150 |
| 2001-01-01 | -819705 |
| 2001-04-01 | -769919 |
| 2001-07-01 | -1039434 |
| 2001-10-01 | -967525 |
| 2002-01-01 | -994790 |
| 2002-04-01 | -1243053 |
| 2002-07-01 | -1421378 |
| 2002-10-01 | -1484031 |
| 2003-01-01 | -1512468 |
| 2003-04-01 | -1513997 |
| 2003-07-01 | -1495750 |
| 2003-10-01 | -1349886 |
| 2004-01-01 | -2106579 |
| 2004-04-01 | -2251065 |
| 2004-07-01 | -2364067 |
| 2004-10-01 | -2302571 |
| 2005-01-01 | -2422740 |
| 2005-04-01 | -2420512 |
| 2005-07-01 | -2344547 |
| 2005-10-01 | -2319378 |
| 2006-01-01 | -2271325 |
| 2006-04-01 | -2357652 |
| 2006-07-01 | -2280683 |
| 2006-10-01 | -2201536 |
| 2007-01-01 | -2205959 |
| 2007-04-01 | -2162803 |
| 2007-07-01 | -2144005 |
| 2007-10-01 | -2254593 |
| 2008-01-01 | -2523184 |
| 2008-04-01 | -2687677 |
| 2008-07-01 | -3119896 |
| 2008-10-01 | -3640671 |
| 2009-01-01 | -3991961 |
| 2009-04-01 | -3845814 |
| 2009-07-01 | -3624550 |
| 2009-10-01 | -3649622 |
| 2010-01-01 | -3706315 |
| 2010-04-01 | -4027874 |
| 2010-07-01 | -3917582 |
| 2010-10-01 | -3911656 |
| 2011-01-01 | -3904407 |
| 2011-04-01 | -3969515 |
| 2011-07-01 | -4343912 |
| 2011-10-01 | -4232192 |
| 2012-01-01 | -4070920 |
| 2012-04-01 | -4214064 |
| 2012-07-01 | -4108806 |
| 2012-10-01 | -4124812 |
| 2013-01-01 | -4181914 |
| 2013-04-01 | -4457680 |
| 2013-07-01 | -4576866 |
| 2013-10-01 | -4641719 |
| 2014-01-01 | -4713117 |
| 2014-04-01 | -4692454 |
| 2014-07-01 | -4813247 |
| 2014-10-01 | -4779520 |
| 2015-01-01 | -4763705 |
| 2015-04-01 | -4911796 |
| 2015-07-01 | -5235789 |
| 2015-10-01 | -5198452 |
| 2016-01-01 | -5244390 |
| 2016-04-01 | -5259660 |
| 2016-07-01 | -5195676 |
| 2016-10-01 | -5265742 |
| 2017-01-01 | -5184122 |
| 2017-04-01 | -5167549 |
| 2017-07-01 | -5077669 |
| 2017-10-01 | -4931215 |
| 2018-01-01 | -5054566 |
| 2018-04-01 | -5045115 |
| 2018-07-01 | -4977712 |
| 2018-10-01 | -5353814 |
| 2019-01-01 | -5146119 |
| 2019-04-01 | -5027683 |
| 2019-07-01 | -5092525 |
| 2019-10-01 | -4960614 |
| 2020-01-01 | -5569972 |
| 2020-04-01 | -5096097 |
| 2020-07-01 | -4951792 |
| 2020-10-01 | -4503288 |
| 2021-01-01 | -4514687 |
| 2021-04-01 | -4061247 |
| 2021-07-01 | -4100947 |
| 2021-10-01 | -3778129 |
| 2022-01-01 | -3744202 |
| 2022-04-01 | -3806339 |
| 2022-07-01 | -3833610 |
| 2022-10-01 | -3344660 |
| 2023-01-01 | -3281758 |
| 2023-04-01 | -3290061 |
| 2023-07-01 | -3561695 |
| 2023-10-01 | -3202219 |
| 2024-01-01 | -3067273 |
| 2024-04-01 | -3081224 |
| 2024-07-01 | -2821525 |
| 2024-10-01 | -3037893 |
| 2025-01-01 | -3092935 |
| 2025-04-01 | -2890530 |
| 2025-07-01 | -2628180 |
| 2025-10-01 | -2582000 |