Observations

2024: 22.98755

Updated: Oct 16, 2025 2:10 PM CDT

Units:

Percent of GDP,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Federal Net Outlays as Percent of Gross Domestic Product	2012-12-20	2025-10-16

Source

U.S. Office of Management and Budget	2013-03-20	2025-10-16
Federal Reserve Bank of St. Louis	2012-12-20	2025-10-16

Release

Debt to Gross Domestic Product Ratios	2012-12-20	2025-10-16

Units

Percent of GDP	2012-12-20	2025-10-16

Frequency

Annual	2012-12-20	2025-10-16

Seasonal Adjustment

Not Seasonally Adjusted	2012-12-20	2025-10-16

Notes

Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) (https://fred.stlouisfed.org/series/FYONGDA188S) was first constructed by the Federal Reserve Bank of St. Louis in January 2013. It is calculated using Federal Net Outlays (FYONET) (https://fred.stlouisfed.org/series/FYONET) and Gross Domestic Product (GDPA) (https://fred.stlouisfed.org/series/GDPA): FYONGDA188S = ((FYONET/1000)/GDPA)*100 FYONET/1000 transforms FYONET from millions of dollars to billions of dollars.	2012-12-20	2025-10-16

Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S)