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Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S)

Observation:

2023: -6.19621 (+ more)   Updated: Feb 28, 2024
2023:  -6.19621  
2022:  -5.34290  
2021:  -11.76297  
2020:  -14.69054  
2019:  -4.57032  
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 Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Surplus or Deficit [-] (FYFSD) and Gross Domestic Product (GDPA):
FYFSGDA188S = ((FYFSD/1000)/GDPA)*100
FYFSD/1000 transforms FYFSD 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 Surplus or Deficit [-] as Percent of Gross Domestic Product [FYFSGDA188S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FYFSGDA188S, March 4, 2024.

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