Economy · Government debt and deficits

Federal Interest Payments as % of GDP

YearAverageYear close
19472.16%2.09%
19482.02%2.02%
19492.16%2.21%
19502.07%1.98%
19511.88%1.88%
19521.86%1.83%
19531.86%1.91%
19541.96%1.94%
19551.86%1.88%
19561.97%2.07%
19572.09%2.18%
19582.09%2.08%

Source: FRED A091RC1Q027SBEA (Federal government current expenditures: Interest payments); FRED GDP (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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