OMB historical tables / fiscal years

U.S. Federal Budget Balance

Surplus is positive. Deficit is negative. The nominal series starts in fiscal year 1901; the GDP-share series starts in 1930. Live Treasury data updates the latest Monthly Treasury Statement values when available.

Balance, Nominal Dollars

$ trillions, current dollars

Balance as Share of GDP

percent of gross domestic product

Next-Year Spend Assumptions

Model basis: FY2025 actuals, FY2026 estimates, and FY2027 proposed outlays from OMB Historical Table 3.2. Treasury MTS actuals are used only for current-year YTD context until a fiscal year is complete.

Input Status Value Treatment
Function FY2027 Proposed Share Share vs FY2025

Underlying Data

Sources: Office of Management and Budget Historical Tables, FY 2027 Budget, Tables 1.1 and 1.2; live monthly updates from Treasury Fiscal Data, Monthly Treasury Statement Table 1.

Fiscal Year Receipts, $B Outlays, $B Balance, $B GDP, $B Balance, % GDP