Economy · Government debt and deficits
| Year | Average | Year close |
|---|---|---|
| 1970 | 26.31% | 26.75% |
| 1971 | 25.93% | 26.64% |
| 1972 | 25.17% | 24.95% |
| 1973 | 23.62% | 22.99% |
| 1974 | 22.19% | 21.97% |
| 1975 | 23.83% | 24.82% |
| 1976 | 25.71% | 26.18% |
| 1977 | 25.88% | 26.06% |
| 1978 | 25.50% | 25.00% |
| 1979 | 24.31% | 24.16% |
| 1980 | 24.47% | 24.71% |
| 1981 | 24.63% | 25.16% |
Source: FRED FYGFGDQ188S (Federal Debt Held by the Public as Percent of Gross Domestic Product). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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