Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | Nonfederal debt | Federal debt held by the public | Total nonfinancial debt |
|---|---|---|---|
| 1991 | 2.2607 | 11.1377 | 4.3074 |
| 1992 | 2.482 | 10.9489 | 4.5621 |
| 1993 | 3.6929 | 8.3148 | 4.8977 |
| 1994 | 4.6222 | 4.6711 | 4.6354 |
| 1995 | 5.6692 | 4.1356 | 5.2563 |
| 1996 | 5.6717 | 3.9855 | 5.2225 |
| 1997 | 6.9831 | 0.611 | 5.3056 |
| 1998 | 9.5318 | -1.3831 | 6.7865 |
| 1999 | 9.1938 | -1.8978 | 6.6174 |
| 2000 | 8.5208 | -8.038 | 4.9818 |
| 2001 | 7.6552 | -0.1661 | 6.1909 |
| 2002 | 7.102 | 7.6214 | 7.1934 |
| 2003 | 7.7745 | 10.8891 | 8.3249 |
| 2004 | 9.0387 | 8.9737 | 9.027 |
| 2005 | 9.8846 | 6.9826 | 9.3599 |
| 2006 | 8.9668 | 3.9003 | 8.0706 |
| 2007 | 7.6996 | 6.8083 | 7.5477 |
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Note: For 2007, change is from 2006:Q4 to 2007:Q1 at an annual rate. For earlier years, the data are annual and are computed by dividing the annual flow for a given year by the level at the end of the preceding year. The total consists of components shown. Nonfederal debt consists of the outstanding credit market debt of state and local governments, households, nonprofit organizations, and nonfinancial businesses. Federal debt held by the public excludes securities held as investments of federal government accounts. Source: Federal Reserve Board, flow of funds data. |