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ReceiptsOutlaysSurplus or
Deficit (−)
ReceiptsOutlaysSurplus or
Deficit (−)
1940 6.5 9.5 -2.9 81.4 117.8 -36.3 0.08041941 8.7 13.7 -4.9 104.2 163.3 -59.1 0.08361942 14.6 35.1 -20.5 156.3 375.4 -219.1 0.09361943 24.0 78.6 -54.6 233.9 765.6 -531.7 0.10261944 43.7 91.3 -47.6 461.0 962.1 -501.1 0.09491945 45.2 92.7 -47.6 499.0 1,024.4 -525.4 0.09051946 39.3 55.2 -15.9 433.7 609.6 -175.9 0.09061947 38.5 34.5 4.0 385.1 345.0 40.2 0.10001948 41.6 29.8 11.8 392.8 281.3 111.5 0.10581949 39.4 38.8 0.6 384.9 379.2 5.7 0.10241950 39.4 42.6 -3.1 370.7 400.0 -29.3 0.10641951 51.6 45.5 6.1 493.0 434.7 58.3 0.10471952 66.2 67.7 -1.5 635.6 650.2 -14.6 0.10411953 69.6 76.1 -6.5 619.3 677.1 -57.8 0.11241954 69.7 70.9 -1.2 599.3 609.2 -9.9 0.11631955 65.5 68.4 -3.0 544.1 568.9 -24.9 0.12031956 74.6 70.6 3.9 590.6 559.3 31.2 0.12631957 80.0 76.6 3.4 602.8 577.1 25.7 0.13271958 79.6 82.4 -2.8 566.8 586.5 -19.7 0.14051959 79.2 92.1 -12.8 542.8 630.8 -88.0 0.14601960 92.5 92.2 0.3 630.9 628.9 2.1 0.14661961 94.4 97.7 -3.3 626.3 648.5 -22.1 0.15071962 99.7 106.8 -7.1 659.7 707.0 -47.3 0.15111963 106.6 111.3 -4.8 674.9 705.0 -30.1 0.15791964 112.6 118.5 -5.9 704.3 741.3 -37.0 0.15991965 116.8 118.2 -1.4 721.1 729.8 -8.7 0.16201966 130.8 134.5 -3.7 789.1 811.4 -22.3 0.16581967 148.8 157.5 -8.6 875.4 926.3 -50.8 0.17001968 153.0 178.1 -25.2 866.7 1,009.3 -142.6 0.17651969 186.9 183.6 3.2 993.5 976.3 17.2 0.18811970 192.8 195.6 -2.8 968.4 982.7 -14.3 0.19911971 187.1 210.2 -23.0 877.4 985.3 -108.0 0.21331972 207.3 230.7 -23.4 908.1 1,010.4 -102.4 0.22831973 230.8 245.7 -14.9 956.9 1,018.7 -61.8 0.24121974 263.2 269.4 -6.1 1,004.3 1,027.7 -23.4 0.26211975 279.1 332.3 -53.2 966.0 1,150.3 -184.3 0.28891976 298.1 371.8 -73.7 956.2 1,192.8 -236.5 0.3117TQ 81.2 96.0 -14.7 253.1 299.1 -45.9 0.32091977 355.6 409.2 -53.7 1,054.8 1,213.9 -159.2 0.33711978 399.6 458.7 -59.2 1,113.6 1,278.6 -165.0 0.35881979 463.3 504.0 -40.7 1,187.3 1,291.7 -104.4 0.39021980 517.1 590.9 -73.8 1,197.6 1,368.6 -171.0 0.43181981 599.3 678.2 -79.0 1,251.4 1,416.2 -164.9 0.4789
Table 1.3—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (−) IN CURRENTDOLLARS, AND AS PERCENTAGES OF GDP: 1940–2016
(dollar amounts in billions)
Fiscal YearIn Current DollarsIn Constant (FY 2005) DollarsAddendum:CompositeDeflator
 
1940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976TQ19771978197919801981
Table 1.3—SUM
Fiscal YearReceiptsOutlaysSurplus or
Deficit (−)
6.8 9.8 -3.07.6 12.0 -4.310.1 24.3 -14.213.3 43.6 -30.320.9 43.6 -22.720.4 41.9 -21.517.7 24.8 -7.216.5 14.8 1.716.2 11.6 4.614.5 14.3 0.214.4 15.6 -1.116.1 14.2 1.919.0 19.4 -0.418.7 20.4 -1.718.5 18.8 -0.316.5 17.3 -0.817.5 16.5 0.917.7 17.0 0.817.3 17.9 -0.616.2 18.8 -2.617.8 17.8 0.117.8 18.4 -0.617.6 18.8 -1.317.8 18.6 -0.817.6 18.5 -0.917.0 17.2 -0.217.3 17.8 -0.518.4 19.4 -1.117.6 20.5 -2.919.7 19.4 0.319.0 19.3 -0.317.3 19.5 -2.117.6 19.6 -2.017.6 18.7 -1.118.3 18.7 -0.417.9 21.3 -3.417.1 21.4 -4.217.7 20.9 -3.218.0 20.7 -2.718.0 20.7 -2.718.5 20.1 -1.619.0 21.7 -2.719.6 22.2 -2.6
DOLLARS, CONSTANT (FY 2005)
As Percentages of GDP
 
1940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976TQ19771978197919801981
Table 1.3—SUM
Fiscal Year
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