Economy · Government debt and deficits
| Year | Average | Year close |
|---|---|---|
| 1947 | $5.4B | $5.4B |
| 1948 | $5.6B | $5.7B |
| 1949 | $5.9B | $6.0B |
| 1950 | $6.2B | $6.3B |
| 1951 | $6.5B | $6.7B |
| 1952 | $6.8B | $7.0B |
| 1953 | $7.2B | $7.4B |
| 1954 | $7.6B | $7.8B |
| 1955 | $7.9B | $8.2B |
| 1956 | $8.8B | $9.5B |
| 1957 | $9.9B | $10.4B |
| 1958 | $10.0B | $10.4B |
Source: FRED A091RC1Q027SBEA (Federal government current expenditures: Interest payments). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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