Table Data - Nonfinancial Noncorporate Business; Debt as a Percentage of Net Worth, Level
| Title | Nonfinancial Noncorporate Business; Debt as a Percentage of Net Worth, Level |
|---|---|
| Series ID | NNBCMDPNW |
| 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 | Percent |
| Date Range | 1945-10-01 to 2025-07-01 |
| Last Updated | 2026-01-09 12:35 PM CST |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1945-10-01 | 5.716929697400691 |
| 1946-01-01 | . |
| 1946-04-01 | . |
| 1946-07-01 | . |
| 1946-10-01 | 5.985089576109167 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 5.900669195469694 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 6.059760529102792 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 6.507357354932786 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 7.172698730714128 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 7.590032455753773 |
| 1952-01-01 | 7.678507085104169 |
| 1952-04-01 | 7.999095522233676 |
| 1952-07-01 | 8.160134387582126 |
| 1952-10-01 | 8.296447567383861 |
| 1953-01-01 | 8.385069392546363 |
| 1953-04-01 | 8.680067674131850 |
| 1953-07-01 | 8.817402900158902 |
| 1953-10-01 | 8.585326449618938 |
| 1954-01-01 | 8.714661154334213 |
| 1954-04-01 | 9.051366962997848 |
| 1954-07-01 | 9.308645145578687 |
| 1954-10-01 | 9.258611477817524 |
| 1955-01-01 | 9.408828804367245 |
| 1955-04-01 | 9.897846436215389 |
| 1955-07-01 | 10.155060395476434 |
| 1955-10-01 | 10.130629056168576 |
| 1956-01-01 | 10.138386822524970 |
| 1956-04-01 | 10.412897266451887 |
| 1956-07-01 | 10.587936927873280 |
| 1956-10-01 | 10.509160771075203 |
| 1957-01-01 | 10.488490616539640 |
| 1957-04-01 | 10.708208603990450 |
| 1957-07-01 | 10.801265477948045 |
| 1957-10-01 | 10.817167947663531 |
| 1958-01-01 | 10.767536875054050 |
| 1958-04-01 | 11.038191724668940 |
| 1958-07-01 | 11.230480398715894 |
| 1958-10-01 | 11.405087795883060 |
| 1959-01-01 | 11.761342451288266 |
| 1959-04-01 | 12.389125996205424 |
| 1959-07-01 | 12.808636278327237 |
| 1959-10-01 | 12.926772359863133 |
| 1960-01-01 | 13.129420175147446 |
| 1960-04-01 | 13.547243067947557 |
| 1960-07-01 | 13.742138992643640 |
| 1960-10-01 | 13.802113577115517 |
| 1961-01-01 | 14.191111483527555 |
| 1961-04-01 | 14.508544410471757 |
| 1961-07-01 | 14.788708854545485 |
| 1961-10-01 | 14.839225613107583 |
| 1962-01-01 | 15.092728299239813 |
| 1962-04-01 | 15.552181973470065 |
| 1962-07-01 | 15.783137249050665 |
| 1962-10-01 | 16.005679723810960 |
| 1963-01-01 | 16.370656761248210 |
| 1963-04-01 | 17.014752603921250 |
| 1963-07-01 | 17.465759171402176 |
| 1963-10-01 | 17.777580686605350 |
| 1964-01-01 | 18.159062762161273 |
| 1964-04-01 | 18.587139454691872 |
| 1964-07-01 | 18.867739283313856 |
| 1964-10-01 | 18.823469599053710 |
| 1965-01-01 | 19.073924631680452 |
| 1965-04-01 | 19.548326192723840 |
| 1965-07-01 | 19.849864366151653 |
| 1965-10-01 | 19.702393367722557 |
| 1966-01-01 | 20.289226224746358 |
| 1966-04-01 | 20.361638243399657 |
| 1966-07-01 | 20.421045999236040 |
| 1966-10-01 | 20.297040965171064 |
| 1967-01-01 | 20.481443911057735 |
| 1967-04-01 | 20.915257765121050 |
| 1967-07-01 | 21.138790275582120 |
| 1967-10-01 | 21.276818546796807 |
| 1968-01-01 | 21.118611274998110 |
| 1968-04-01 | 21.497069900723200 |
| 1968-07-01 | 21.634049460150106 |
| 1968-10-01 | 21.509955291674668 |
| 1969-01-01 | 21.611845559665355 |
| 1969-04-01 | 22.137018429312153 |
| 1969-07-01 | 22.617702783165733 |
| 1969-10-01 | 22.761169551472830 |
| 1970-01-01 | 21.344436204605540 |
| 1970-04-01 | 21.521975434338067 |
| 1970-07-01 | 22.394988112445844 |
| 1970-10-01 | 22.687407023236230 |
| 1971-01-01 | 22.625002204062560 |
| 1971-04-01 | 23.242408391305535 |
| 1971-07-01 | 23.492185007974480 |
| 1971-10-01 | 23.735427769425840 |
| 1972-01-01 | 23.683615362869030 |
| 1972-04-01 | 24.598891192810772 |
| 1972-07-01 | 24.860764537340582 |
| 1972-10-01 | 25.245695024328324 |
| 1973-01-01 | 25.662965051547880 |
| 1973-04-01 | 26.028940134171023 |
| 1973-07-01 | 25.384747106333640 |
| 1973-10-01 | 24.548505029244904 |
| 1974-01-01 | 24.981059185004680 |
| 1974-04-01 | 25.679062888607994 |
| 1974-07-01 | 25.602725459461010 |
| 1974-10-01 | 25.457314299697927 |
| 1975-01-01 | 25.289402772814670 |
| 1975-04-01 | 25.253476297935805 |
| 1975-07-01 | 25.224104706192172 |
| 1975-10-01 | 25.054425235537785 |
| 1976-01-01 | 25.301106442068765 |
| 1976-04-01 | 25.041601630792183 |
| 1976-07-01 | 25.049962175528130 |
| 1976-10-01 | 24.810118658722185 |
| 1977-01-01 | 24.950869124333767 |
| 1977-04-01 | 25.279698555056370 |
| 1977-07-01 | 25.192206737189025 |
| 1977-10-01 | 24.951068443294490 |
| 1978-01-01 | 24.637932656554547 |
| 1978-04-01 | 24.795866288336510 |
| 1978-07-01 | 24.984857341454890 |
| 1978-10-01 | 24.986594216384970 |
| 1979-01-01 | 24.632009990987346 |
| 1979-04-01 | 25.126661254517867 |
| 1979-07-01 | 25.308537172567053 |
| 1979-10-01 | 25.325951037867640 |
| 1980-01-01 | 25.550199498095290 |
| 1980-04-01 | 25.620680679568206 |
| 1980-07-01 | 25.567051418632182 |
| 1980-10-01 | 25.363897260838600 |
| 1981-01-01 | 25.584038492964755 |
| 1981-04-01 | 25.930712085618016 |
| 1981-07-01 | 26.208337265243330 |
| 1981-10-01 | 26.406525610764103 |
| 1982-01-01 | 26.545478608995260 |
| 1982-04-01 | 27.200465479159200 |
| 1982-07-01 | 27.974865436969164 |
| 1982-10-01 | 28.371302303191356 |
| 1983-01-01 | 28.855046714247340 |
| 1983-04-01 | 29.622273241696625 |
| 1983-07-01 | 30.206879814061004 |
| 1983-10-01 | 30.605186038665096 |
| 1984-01-01 | 31.589055976000022 |
| 1984-04-01 | 33.034528896128215 |
| 1984-07-01 | 34.278346427503030 |
| 1984-10-01 | 35.278620570634494 |
| 1985-01-01 | 36.214356591299810 |
| 1985-04-01 | 37.627463419110974 |
| 1985-07-01 | 37.979594883318400 |
| 1985-10-01 | 37.181116908723860 |
| 1986-01-01 | 37.365357921719990 |
| 1986-04-01 | 37.921922988654390 |
| 1986-07-01 | 38.028920672108570 |
| 1986-10-01 | 38.079577569701634 |
| 1987-01-01 | 38.272703046018780 |
| 1987-04-01 | 38.542792053550535 |
| 1987-07-01 | 38.760333206237995 |
| 1987-10-01 | 39.010662783318400 |
| 1988-01-01 | 39.065476828897886 |
| 1988-04-01 | 39.489764835374224 |
| 1988-07-01 | 39.943705834805960 |
| 1988-10-01 | 39.961425102168470 |
| 1989-01-01 | 39.778278831590170 |
| 1989-04-01 | 39.801960742291890 |
| 1989-07-01 | 39.998320513692406 |
| 1989-10-01 | 39.943861717238434 |
| 1990-01-01 | 39.793219329577240 |
| 1990-04-01 | 39.441070105431780 |
| 1990-07-01 | 39.038737565879590 |
| 1990-10-01 | 38.732324829654075 |
| 1991-01-01 | 38.665535085062245 |
| 1991-04-01 | 38.738020736781960 |
| 1991-07-01 | 38.336693340126550 |
| 1991-10-01 | 38.353348671485830 |
| 1992-01-01 | 38.294558770563930 |
| 1992-04-01 | 38.230699203997546 |
| 1992-07-01 | 37.836107853504490 |
| 1992-10-01 | 37.747949131061990 |
| 1993-01-01 | 36.906793025165850 |
| 1993-04-01 | 36.474114984828450 |
| 1993-07-01 | 35.774676362681696 |
| 1993-10-01 | 35.244212105234770 |
| 1994-01-01 | 34.584543348765955 |
| 1994-04-01 | 34.087566254410290 |
| 1994-07-01 | 33.765046681062400 |
| 1994-10-01 | 33.377379064455540 |
| 1995-01-01 | 33.282931942346960 |
| 1995-04-01 | 33.259287039010880 |
| 1995-07-01 | 33.090539006281006 |
| 1995-10-01 | 32.984163452293245 |
| 1996-01-01 | 33.081561665565054 |
| 1996-04-01 | 33.309834651478730 |
| 1996-07-01 | 33.543166816727286 |
| 1996-10-01 | 33.260161738109204 |
| 1997-01-01 | 32.997146997833790 |
| 1997-04-01 | 33.135649245223950 |
| 1997-07-01 | 33.126440717786245 |
| 1997-10-01 | 32.754436842571030 |
| 1998-01-01 | 33.361232419670350 |
| 1998-04-01 | 33.837290722767406 |
| 1998-07-01 | 34.409891441537440 |
| 1998-10-01 | 35.278131058283854 |
| 1999-01-01 | 36.719296059747680 |
| 1999-04-01 | 36.876323988933250 |
| 1999-07-01 | 36.608958418112040 |
| 1999-10-01 | 37.471695313525610 |
| 2000-01-01 | 38.741612484892710 |
| 2000-04-01 | 38.724962864208140 |
| 2000-07-01 | 37.994829899249760 |
| 2000-10-01 | 38.417454568168075 |
| 2001-01-01 | 38.865899701312130 |
| 2001-04-01 | 38.890570584586760 |
| 2001-07-01 | 39.003432502972850 |
| 2001-10-01 | 40.230966833600370 |
| 2002-01-01 | 40.553056181676645 |
| 2002-04-01 | 40.831731805512206 |
| 2002-07-01 | 40.761226203761375 |
| 2002-10-01 | 42.650707414538280 |
| 2003-01-01 | 42.004058046978955 |
| 2003-04-01 | 41.270514155451610 |
| 2003-07-01 | 40.752016185717460 |
| 2003-10-01 | 40.530896131145695 |
| 2004-01-01 | 40.424119057464540 |
| 2004-04-01 | 39.159522363819285 |
| 2004-07-01 | 38.043685767291990 |
| 2004-10-01 | 38.215391064468480 |
| 2005-01-01 | 38.397524251358206 |
| 2005-04-01 | 38.018904027899960 |
| 2005-07-01 | 37.431187550210530 |
| 2005-10-01 | 37.726501539659790 |
| 2006-01-01 | 38.636809720127720 |
| 2006-04-01 | 38.857371363388170 |
| 2006-07-01 | 39.110061865574450 |
| 2006-10-01 | 39.756900070587940 |
| 2007-01-01 | 41.056732407707834 |
| 2007-04-01 | 41.838921523082160 |
| 2007-07-01 | 42.943427987261096 |
| 2007-10-01 | 45.116935963235946 |
| 2008-01-01 | 48.970630323026185 |
| 2008-04-01 | 50.796090724468876 |
| 2008-07-01 | 53.577482886617430 |
| 2008-10-01 | 57.862334382181180 |
| 2009-01-01 | 61.284125308009040 |
| 2009-04-01 | 65.878790942517480 |
| 2009-07-01 | 66.818953213950040 |
| 2009-10-01 | 68.600201582912160 |
| 2010-01-01 | 67.386928319072450 |
| 2010-04-01 | 63.674480666233450 |
| 2010-07-01 | 62.062735968335190 |
| 2010-10-01 | 61.077429922042690 |
| 2011-01-01 | 60.314151811674850 |
| 2011-04-01 | 59.562399361014740 |
| 2011-07-01 | 58.421159943533100 |
| 2011-10-01 | 57.027781311405136 |
| 2012-01-01 | 57.501745008256975 |
| 2012-04-01 | 56.778981224413470 |
| 2012-07-01 | 55.528745003417500 |
| 2012-10-01 | 55.201142847254050 |
| 2013-01-01 | 54.675318457889325 |
| 2013-04-01 | 52.512164350553270 |
| 2013-07-01 | 50.607141322646160 |
| 2013-10-01 | 50.175189303937486 |
| 2014-01-01 | 51.060786605345260 |
| 2014-04-01 | 50.308162823216826 |
| 2014-07-01 | 49.608125475241790 |
| 2014-10-01 | 49.251775072649450 |
| 2015-01-01 | 48.848200506965400 |
| 2015-04-01 | 48.043675065635460 |
| 2015-07-01 | 47.877376015371816 |
| 2015-10-01 | 48.373295051365126 |
| 2016-01-01 | 49.683519618518160 |
| 2016-04-01 | 49.464814444655000 |
| 2016-07-01 | 49.485851387560494 |
| 2016-10-01 | 50.467930996482870 |
| 2017-01-01 | 51.531680328016860 |
| 2017-04-01 | 50.215293384036800 |
| 2017-07-01 | 50.828741800430210 |
| 2017-10-01 | 51.006737252461430 |
| 2018-01-01 | 51.105553726501050 |
| 2018-04-01 | 50.944263136660080 |
| 2018-07-01 | 50.904575757303920 |
| 2018-10-01 | 51.757295713885490 |
| 2019-01-01 | 51.060228387482944 |
| 2019-04-01 | 49.659608985174960 |
| 2019-07-01 | 49.297102241236885 |
| 2019-10-01 | 49.452565321976880 |
| 2020-01-01 | 49.498241759658950 |
| 2020-04-01 | 50.760813386533760 |
| 2020-07-01 | 50.160427778482450 |
| 2020-10-01 | 49.829457929964360 |
| 2021-01-01 | 49.305715915987776 |
| 2021-04-01 | 47.074451486701570 |
| 2021-07-01 | 44.947276473837190 |
| 2021-10-01 | 44.740143391573620 |
| 2022-01-01 | 44.440640909575270 |
| 2022-04-01 | 43.534047513454230 |
| 2022-07-01 | 44.401756813519060 |
| 2022-10-01 | 46.410231156526780 |
| 2023-01-01 | 47.716405526212040 |
| 2023-04-01 | 47.065781475572170 |
| 2023-07-01 | 47.238865414033725 |
| 2023-10-01 | 48.908658371944820 |
| 2024-01-01 | 49.659480997346670 |
| 2024-04-01 | 49.390928861196900 |
| 2024-07-01 | 49.612206471221775 |
| 2024-10-01 | 49.784961951052200 |
| 2025-01-01 | 50.412600768620040 |
| 2025-04-01 | 50.844470648400886 |
| 2025-07-01 | 50.920483576202926 |