NOTES

Source: Federal Reserve Bank of St. Louis

Source: U.S. Office of Management and Budget

Release: Debt to Gross Domestic Product Ratios

Units: Percent of GDP, Not Seasonally Adjusted

Frequency: Annual

Notes:

Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Surplus or Deficit [-] (FYFSD) and Gross Domestic Product (GDPA):

FYFSGDA188S = ((FYFSD/1000)/GDPA)*100

FYFSD/1000 transforms FYFSD from millions of dollars to billions of dollars.