In the first quarter of 2024, the U.S. government's budget balance amounted to a net borrowing of about 2.09 trillion U.S. dollars. This is compared to the first quarter of 2009, when the U.S. government borrowed about 1.79 trillion U.S. dollars.
Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024
(in trillion U.S. dollars)
Characteristic
Surplus in trillion U.S. dollars
Q1 '24
-2.09
Q4 '23
-2.13
Q3 '23
-2.56
Q2 '23
-2.09
Q1 '23
-1.94
Q4 '22
-1.42
Q3 '22
-1.19
Q2 '22
-0.93
Q1 '22
-0.67
Q4 '21
-1.64
Q3 '21
-2.31
Q2 '21
-2.74
Q1 '21
-4.58
Q4 '20
-2.24
Q3 '20
-3.67
Q2 '20
-5.14
Q1 '20
-1.48
Q4 '19
-1.49
Q3 '19
-1.46
Q2 '19
-1.37
Q1 '19
-1.4
Q4 '18
-1.32
Q3 '18
-1.24
Q2 '18
-1.27
Q1 '18
-1.19
Q4 '17
-0.15
Q3 '17
-1.12
Q2 '17
-1.11
Q1 '17
-1.07
Q4 '16
-1.04
Q3 '16
-1.03
Q2 '16
-0.99
Q1 '16
-1.01
Q4 '15
-0.8
Q3 '15
-0.93
Q2 '15
-0.76
Q1 '15
-0.9
Q4 '14
-0.96
Q3 '14
-0.95
Q2 '14
-0.9
Q1 '14
-0.89
Q4 '13
-0.89
Q3 '13
-1.07
Q2 '13
-0.87
Q1 '13
-1.14
Q4 '12
-1.43
Q3 '12
-1.51
Q2 '12
-1.53
Q1 '12
-1.56
Q4 '11
-1.7
Q3 '11
-1.71
Q2 '11
-1.76
Q1 '11
-1.73
Q4 '10
-1.78
Q3 '10
-1.83
Q2 '10
-1.96
Q1 '10
-1.95
Q4 '09
-1.9
Q3 '09
-1.93
Q2 '09
-1.99
Q1 '09
-1.83
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The data are in seasonally adjusted U.S. dollars at annual rates. Budget surplus=total receipts (current receipts + capital transfer receipts) - total expenditures (current expenditures + gross government investment + capital transfer payments + net purchases of non-produced assets - consumption of fixed capital).
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BEA. (June 25, 2024). Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/
BEA. "Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024 (in trillion U.S. dollars)." Chart. June 25, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/
BEA. (2024). Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/
BEA. "Budget Surplus of The United States Government from The First Quarter of 2009 to The First Quarter of 2024 (in Trillion U.S. Dollars)." Statista, Statista Inc., 25 Jun 2024, https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/
BEA, Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/ (last visited November 25, 2024)
Budget surplus of the United States government from the first quarter of 2009 to the first quarter of 2024 (in trillion U.S. dollars) [Graph], BEA, June 25, 2024. [Online]. Available: https://www.statista.com/statistics/215510/budget-surplus-of-the-us-government-by-quarter/
