Federal budget and debt

Receipts, outlays, and surplus or deficit as percentages of GDP

OMB Historical Table 1.2.

DemocraticRepublican

Background bands mark who was president. They are not an attribution of cause. Presidents do not solely control these metrics. Monthly points use the president in office on the first day of the month. Calendar year points use the president in office on July 1. Fiscal year points use the president in office on October 1, the first day of that fiscal year. A fiscal year runs through the following September 30 and can include two presidents.

Receipts
Units: percent of GDP. Share of GDP. fiscal year.
Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025
Source: Office of Management and Budget, Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025. Retrieved 2026-10-19. Series: www.whitehouse.gov/wp-content/uploads/2026/04/hist01z2_fy2027.xlsx
Outlays
Units: percent of GDP. Share of GDP. fiscal year.
Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025
Source: Office of Management and Budget, Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025. Retrieved 2026-10-19. Series: www.whitehouse.gov/wp-content/uploads/2026/04/hist01z2_fy2027.xlsx
Surplus or Deficit (-)
Units: percent of GDP. Share of GDP. fiscal year.
Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025
Source: Office of Management and Budget, Table 1.2 - SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS ( - ) AS PERCENTAGES OF GDP: 1930 - 2025. Retrieved 2026-10-19. Series: www.whitehouse.gov/wp-content/uploads/2026/04/hist01z2_fy2027.xlsx
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