Categories
Economic Indicators

Federal finance

Federal finance – Statistical Data Included

FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In fiscal 2001, there was a surplus of $127.2 billion, compared

with a surplus of $236.4 billion a year earlier.

[GRAPHIC OMITTED]

[Billions of dollars]

Total

Fiscal year or period Surplus

or

Receipts Outlays deficit

(-)

1984 666.5 851.9 -185.4

1985 734.1 946.4 -212.3

1986 769.2 990.5 -221.2

1987 854.4 1,004.1 -149.8

1988 909.3 1,064.5 -155.2

1989 991.2 1,143.7 -152.5

1990 1,032.0 1,253.2 -221.2

1991 1,055.0 1,324.4 -269.4

1992 1,091.3 1,381.7 -290.4

1993 1,154.4 1,409.5 -255.1

1994 1,258.6 1,461.9 -203.3

1995 1,351.8 1,515.8 -164.0

1996 1,453.1 1,560.6 -107.5

1997 1,579.3 1,601.3 -22.0

1998 1,721.8 1,652.6 69.2

1999 1,827.5 1,702.9 124.6

2000 2,025.2 1,788.8 236.4

2001 (1) 1,990.2 1,863.0 127.2

On-budget

Fiscal year or period Surplus

or

Receipts Outlays deficit

(-)

1984 500.4 686.1 -185.7

1985 547.9 769.6 -221.7

1986 569.0 807.0 -238.0

1987 641.0 810.3 -169.3

1988 667.8 861.8 -194.0

1989 727.5 932.8 -205.2

1990 750.3 1,028.1 -277.8

1991 761.2 1,082.7 -321.6

1992 788.9 1,129.3 -340.5

1993 842.5 1,142.9 -300.5

1994 923.6 1,182.5 -258.9

1995 1,000.8 1,227.2 -226.4

1996 1,085.6 1,259.7 -174.1

1997 1,187.3 1,290.7 -103.4

1998 1,306.0 1,336.0 -30.0

1999 1,383.0 1,382.1 .9

2000 1,544.6 1,458.1 86.6

2001 (1) 1,482.7 1,516.2 -33.5

Off-budget

Fiscal year or period Surplus

or

Receipts Outlays deficit

(-)

1984 166.1 165.8 0.3

1985 186.2 176.8 9.4

1986 200.2 183.5 16.7

1987 213.4 193.8 19.6

1988 241.5 202.7 38.8

1989 263.7 210.9 52.8

1990 281.7 225.1 56.6

1991 293.9 241.7 52.2

1992 302.4 252.3 50.1

1993 311.9 266.6 45.3

1994 335.0 279.4 55.7

1995 351.1 288.7 62.4

1996 367.5 300.9 66.6

1997 392.0 310.6 81.4

1998 415.8 316.6 99.2

1999 444.5 320.8 123.7

2000 480.6 330.8 149.8

2001 (1) 507.5 346.8 160.7

Federal debt (end of

period)

Fiscal year or period

Gross Held by

Federal the public

1984 1,564.7 1,307.0

1985 1,817.5 1,507.4

1986 2,120.6 1,740.8

1987 2,346.1 1,889.9

1988 2,601.3 2,051.8

1989 2,868.0 2,191.0

1990 3,206.6 2,411.8

1991 3,598.5 2,689.3

1992 4,002.1 3,000.1

1993 4,351.4 3,248.8

1994 4,643.7 3,433.4

1995 4,921.0 3,604.8

1996 5,181.9 3,734.5

1997 5,369.7 3,772.8

1998 5,478.7 3,721.6

1999 5,606.1 3,632.9

2000 5,629.0 3,410.1

2001 (1) 5,770.2 3,320.0

(1) Data from current issue Monthly Treasury Statement.

NOTE.–Data (excerpt as noted) are from Budget of the United States

Government, Fiscal Year 2002, issued April 9, 2001.

Sources: Department of the Treasury and Office of Management and

Budget.

FEDERAL RECEIPTS BY SOURCE AND

OUTLAYS BY FUNCTION

In fiscal 2001, receipts were $35.0 billion lower than a year earlier

and outlays were $74.2 billion higher.

[GRAPHIC OMITTED]

[Billions of dollars]

On-budget and off-budget receipts

Cor- Social

Individ- pora- insur-

Fiscal year or period ual tion ance

Total income income and

taxes taxes retire-

ment

receipts

1984 666.5 298.4 56.9 239.4

1985 734.1 334.5 61.3 265.2

1986 769.2 349.0 63.1 283.9

1987 854.4 392.6 83.9 303.3

1988 909.3 401.2 94.5 334.3

1989 991.2 445.7 103.3 359.4

1990 1,032.0 466.9 93.5 380.0

1991 1,055.0 467.8 98.1 396.0

1992 1,091.3 476.0 100.3 413.7

1993 1,154.4 509.7 117.5 428.3

1994 1,258.6 543.1 140.4 461.5

1995 1,351.8 590.2 157.0 484.5

1996 1,453.1 656.4 171.8 509.4

1997 1,579.3 737.5 182.3 539.4

1998 1,721.8 828.6 188.7 571.8

1999 1,827.5 879.5 184.7 611.8

2000 2,025.2 1,004.5 207.3 652.9

2001 (1) 1,990.2 994.3 151.1 694.0

On-budget and On-budget and

off-budget off-budget

receipts outlays

National defense

Fiscal year or period Depart-

Other Total Total ment of

Defense,

military

1984 71.8 851.9 227.4 220.9

1985 73.1 946.4 252.7 245.2

1986 73.2 990.5 273.4 265.5

1987 74.6 1,004.1 282.0 274.0

1988 79.3 1,064.5 290.4 281.9

1989 82.8 1,143.7 303.6 294.9

1990 91.5 1,253.2 299.3 289.8

1991 93.1 1,324.4 273.3 262.4

1992 101.4 1,381.7 298.4 286.9

1993 98.9 1,409.5 291.1 278.6

1994 113.7 1,461.9 281.6 268.6

1995 120.1 1,515.8 272.1 259.4

1996 115.4 1,560.6 265.8 253.2

1997 120.2 1,601.3 270.5 258.3

1998 132.7 1,652.6 268.5 256.1

1999 151.5 1,702.9 274.9 261.4

2000 160.6 1,788.8 294.5 281.2

2001 (1) 150.8 1,863.0 304.5 291.0

On-budget and off-budget outlays

Inter-

Fiscal year or period nation- Medi- Income

al Health care security

affairs

1984 15.9 30.4 57.5 112.7

1985 16.2 33.5 65.8 128.2

1986 14.2 35.9 70.2 119.8

1987 11.6 40.0 75.1 123.3

1988 10.5 44.5 78.9 129.4

1989 9.6 48.4 85.0 136.1

1990 13.8 57.7 98.1 147.1

1991 15.9 71.2 104.5 170.3

1992 16.1 89.5 119.0 197.0

1993 17.2 99.4 130.6 207.3

1994 17.1 107.1 144.7 214.1

1995 16.4 115.4 159.9 220.5

1996 13.5 119.4 174.2 226.0

1997 15.2 123.8 190.0 230.9

1998 13.1 131.4 192.8 233.2

1999 15.2 141.1 190.4 237.7

2000 17.2 154.5 197.1 247.9

2001 (1) 16.5 171.9 217.4 263.3

On-budget and off-budget outlays

Fiscal year or period Social Net

security inter- Other

est

1984 178.2 111.1 118.6

1985 188.6 129.5 131.8

1986 198.8 136.0 142.2

1987 207.4 138.7 126.1

1988 219.3 151.8 139.7

1989 232.5 169.0 159.5

1990 248.6 184.4 204.2

1991 269.0 194.5 225.8

1992 287.6 199.4 174.7

1993 304.6 198.7 160.6

1994 319.6 203.0 174.7

1995 335.8 232.2 163.6

1996 349.7 241.1 171.0

1997 365.3 244.0 161.5

1998 379.2 241.2 193.2

1999 390.0 229.7 223.8

2000 409.4 223.2 244.9

2001 (1) 433.0 206.1 250.4

(1) Data from current issue Monthly Treasury Statement.

NOTE:–Data (except as noted) are from Budget of the United States

Government , Fiscal Year 2002, issued April 9, 2001.

SOURCE: Department of the Treasury and Office of Management and

Budget.

FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the third quarter of 2001, according to advance estimates, Federal

current expenditures rose $32.4 billion (annual rate); receipts data

are incomplete.

[GRAPHIC OMITTED]

[Billions of dollars; quaterly data at seasonally adjusted annual

rates]

Federal Government current receipts

Period Personal Cor- Indirect Contri-

tax and porate business butions

Total nontax profits tax and for

receipts tax ac- nontax social

cruals accruals insur-

ance

Calendar year:

1992 1,121.3 479.4 118.8 81.3 441.8

1993 1,197.3 509.9 138.5 85.3 463.7

1994 1,293.7 547.8 156.7 95.2 493.9

1995 1,383.7 591.8 179.3 93.0 519.6

1996 1,499.1 670.0 190.6 95.1 543.3

1997 1,625.5 751.9 203.0 93.7 577.0

1998 1,749.7 834.9 204.2 97.4 613.1

1999 1,872.8 903.3 218.3 100.6 650.6

2000 2,046.8 1,009.5 234.7 111.2 691.5

1998: I 1,708.0 805.8 205.1 96.0 601.1

II 1,733.8 825.0 203.4 96.5 608.9

III 1,768.9 844.8 208.3 98.6 617.2

IV 1,788.2 864.1 200.3 98.5 625.3

1999: I 1,818.2 871.3 212.2 97.2 637.5

II 1,849.5 891.8 213.8 97.9 646.0

III 1,886.9 914.3 216.3 101.0 655.4

IV 1,936.5 935.9 230.8 106.1 663.7

2000: I 2,003.0 976.6 239.3 108.6 678.5

II 2,042.5 1,001.1 242.3 111.5 687.6

III 2,064.3 1,019.8 237.6 111.9 695.0

IV 2,077.5 1,040.5 219.4 112.7 704.9

2001: I 2,087.4 1,051.4 205.0 112.2 718.8

II 2,091.5 1,060.0 197.3 112.0 722.2

III (p) 898.4 110.6 723.1

Federal Government current expenditures

Grants-

Period Con- in-aid

sump- Trans- to Net

Total tion fer State interest

expen- pay- and paid

di- ments local

tures govern-

ments

Calendar year:

1992 1,418.9 445.8 565.2 149.1 229.2

1993 1,471.5 442.6 597.9 162.6 230.2

1994 1,506.0 439.7 618.6 174.5 239.6

1995 1,575.7 439.2 652.1 184.5 267.5

1996 1,635.9 445.3 691.6 190.4 273.6

1997 1,678.8 456.9 717.5 196.8 276.2

1998 1,705.9 453.1 730.6 210.3 278.5

1999 1,753.6 469.6 746.1 230.5 263.9

2000 1,828.3 493.7 779.3 245.6 262.9

1998: I 1,688.4 444.2 727.9 205.2 280.8

II 1,700.8 456.5 726.3 206.4 280.0

III 1,703.2 449.9 729.7 209.9 279.7

IV 1,731.1 461.8 738.5 219.6 273.3

1999: I 1,733.0 462.3 740.1 225.5 265.3

II 1,733.0 457.9 744.1 223.8 264.6

III 1,754.9 470.6 744.0 233.4 262.1

IV 1,793.4 487.6 756.5 239.3 263.7

2000: I 1,790.2 483.4 758.7 237.2 264.2

II 1,833.4 503.8 775.1 244.2 264.4

III 1,834.4 493.6 780.5 250.9 262.9

IV 1,855.0 494.1 802.9 250.1 259.9

2001: I 1,882.1 507.5 811.7 264.0 253.5

II 1,904.7 510.1 823.3 281.2 242.5

III (p) 1,937.1 516.7 838.7 279.8 232.5

Federal Government

current expenditure Current

surplus

or

Subsi- deficit

dies less Less: (–),

Period current Wage national

surplus accru- income

of als less and

Govern- dis- product

ment burse- accounts

enter- ments

prises

Calendar year:

1992 29.6 0.0 -297.5

1993 38.2 .0 -274.1

1994 33.6 .0 -212.3

1995 32.4 .0 -192.0

1996 35.1 .0 -136.8

1997 31.5 .0 -53.3

1998 33.4 .0 43.8

1999 43.4 .0 119.2

2000 46.8 .0 218.6

1998: I 30.3 .0 19.6

II 31.6 .0 33.0

III 34.0 .0 65.7

IV 37.9 .0 57.0

1999: I 39.9 .0 85.2

II 42.6 .0 116.5

III 44.9 .0 132.0

IV 46.3 .0 143.1

2000: I 46.7 .0 212.8

II 46.0 .0 209.1

III 46.5 .0 229.9

IV 48.1 .0 222.5

2001: I 45.4 .0 205.3

II 47.6 .0 186.7

III (p) 69.4 .0

Source: Department of Commerce, Bureau of Economic Analysis.

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COPYRIGHT 2001 Gale Group