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Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S)

Observation:

2023: 22.42128 (+ more)   Updated: Mar 28, 2024 8:07 AM CDT
2023:  22.42128  
2022:  24.36775  
2021:  28.91605  
2020:  30.73505  
2019:  20.66294  
View All

Units:

Percent of GDP,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Office of Management and Budget  

Source: Federal Reserve Bank of St. Louis  

Release: Debt to Gross Domestic Product Ratios

Units:  Percent of GDP, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) was first constructed by the Federal Reserve Bank of St. Louis in January 2013. It is calculated using Federal Net Outlays (FYONET) and Gross Domestic Product (GDPA):
FYONGDA188S = ((FYONET/1000)/GDPA)*100
FYONET/1000 transforms FYONET from millions of dollars to billions of dollars.

Suggested Citation:

U.S. Office of Management and Budget and Federal Reserve Bank of St. Louis, Federal Net Outlays as Percent of Gross Domestic Product [FYONGDA188S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FYONGDA188S, April 23, 2024.

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