Economy · Government debt and deficits
| Year | Average | Year close |
|---|---|---|
| 1966 | 39.69% | 39.52% |
| 1967 | 38.79% | 39.10% |
| 1968 | 37.42% | 36.99% |
| 1969 | 35.41% | 35.47% |
| 1970 | 35.17% | 35.75% |
| 1971 | 34.88% | 35.63% |
| 1972 | 33.94% | 33.75% |
| 1973 | 32.38% | 31.77% |
| 1974 | 31.10% | 30.80% |
| 1975 | 32.23% | 32.73% |
| 1976 | 33.48% | 33.79% |
| 1977 | 33.17% | 33.22% |
Source: FRED GFDEGDQ188S (Federal Debt: Total Public Debt 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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