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Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act

Table for figure of Federal Government
Debt Held by the Public, 1960-2007
Percent of nominal GDP
Period Federal government
debt held by
the public
1960 45.0681
1961 43.2265
1962 42.1451
1963 40.0738
1964 38.4696
1965 34.9885
1966 32.8489
1967 32.6054
1968 31.0345
1969 28.6109
1970 28.4449
1971 28.1644
1972 26.3702
1973 24.1808
1974 23.0609
1975 25.8881
1976 27.2139
1977 26.9642
1978 25.7285
1979 24.7192
1980 25.1983
1981 25.6689
1982 29.622
1983 31.6225
1984 33.7979
1985 36.7877
1986 39.7234
1987 39.9029
1988 40.0646
1989 40.3135
1990 42.7121
1991 45.5458
1992 47.5049
1993 49.0642
1994 48.2884
1995 48.345
1996 47.2685
1997 44.9143
1998 41.9058
1999 38.6677
2000 34.0087
2001 33.0468
2002 34.3403
2003 35.9468
2004 36.7158
2005 36.9338
2006 36.2994
2007:Q1 36.4633

Note: The final observation is for 2007:Q1. For previous years, the data for debt are as of year-end, and the corresponding values for GDP are for Q4 at an annual rate. Excludes securities held as investments of federal government accounts.

Source: Federal Reserve Board, flow of funds data.

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