Financial Accounts of the United States - Z.1
D3.g Debt growth by sector 🕮 PDF
| Date | Domestic nonfinancial sectors | Domestic financial sectors | Rest of the world | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | Households | Businesses | Federal government | State and local government | ||||||
| Total | One-to-four family res. mortgages | Consumer credit | Total | Corporate | FG384104005 | FG154104005 | FG153165105 | FG153166000 | FG144104005 | FG104104005 | FG314104005 | FG214104005 | FG794104005 | FG264104005 |
| 1991 | 4.70 | 5.63 | 7.01 | -1.07 | -2.07 | -2.02 | 11.18 | 8.70 | 5.98 | 0.90 |
| 1992 | 4.62 | 5.21 | 6.49 | 1.13 | -0.31 | 0.58 | 10.92 | 1.22 | 10.29 | 2.99 |
| 1993 | 5.74 | 6.09 | 5.51 | 7.44 | 3.10 | 5.26 | 8.40 | 4.97 | 11.93 | 14.41 |
| 1994 | 5.26 | 7.54 | 5.56 | 15.23 | 5.64 | 7.41 | 5.11 | -3.99 | 11.23 | -3.76 |
| 1995 | 4.91 | 6.98 | 4.87 | 14.39 | 5.94 | 6.67 | 4.38 | -5.48 | 13.35 | 15.86 |
| 1996 | 5.29 | 7.05 | 6.18 | 9.05 | 5.70 | 5.53 | 4.60 | -1.95 | 11.39 | 11.95 |
| 1997 | 5.78 | 6.53 | 6.08 | 5.52 | 9.22 | 9.56 | 1.46 | 4.89 | 12.86 | 9.42 |
| 1998 | 7.06 | 8.03 | 8.07 | 7.22 | 12.63 | 12.34 | -0.26 | 6.14 | 14.33 | 4.93 |
| 1999 | 6.64 | 9.33 | 9.28 | 7.80 | 10.14 | 9.14 | -0.68 | 3.29 | 14.30 | 2.60 |
| 2000 | 4.71 | 8.67 | 8.64 | 11.36 | 8.79 | 7.84 | -6.30 | 1.49 | 11.99 | 7.30 |
| 2001 | 5.84 | 8.88 | 10.54 | 8.65 | 4.76 | 3.28 | 1.35 | 8.83 | 10.97 | -0.68 |
| 2002 | 6.74 | 9.84 | 13.26 | 5.56 | 2.47 | 0.35 | 6.81 | 10.85 | 9.34 | 8.67 |
| 2003 | 7.80 | 12.26 | 14.46 | 5.30 | 1.28 | 0.36 | 9.50 | 8.42 | 10.53 | 8.48 |
| 2004 | 9.15 | 11.34 | 13.49 | 5.57 | 6.27 | 4.12 | 8.31 | 11.66 | 10.01 | 17.15 |
| 2005 | 8.72 | 10.78 | 13.55 | 4.52 | 7.92 | 5.37 | 6.61 | 6.68 | 10.36 | 5.51 |
| 2006 | 8.50 | 10.60 | 11.20 | 5.18 | 9.76 | 7.44 | 3.92 | 4.54 | 11.52 | 19.69 |
| 2007 | 8.09 | 6.93 | 7.16 | 6.11 | 12.41 | 11.55 | 4.66 | 6.44 | 12.39 | 16.90 |
| 2008 | 5.94 | 0.33 | 0.85 | 1.31 | 5.82 | 4.25 | 21.44 | 1.64 | -1.37 | -21.97 |
| 2009 | 3.53 | 0.44 | 0.90 | -3.58 | -4.12 | -5.16 | 20.41 | 4.75 | -10.51 | 15.71 |
| 2010 | 4.22 | -0.90 | -1.50 | -1.10 | -0.68 | -0.81 | 18.53 | 2.97 | -2.46 | 16.15 |
| 2011 | 3.79 | 0.28 | -0.56 | 4.13 | 2.74 | 5.37 | 10.82 | -0.71 | -1.63 | 8.78 |
| 2012 | 4.71 | 0.23 | -1.09 | 5.76 | 5.83 | 6.62 | 10.12 | 0.38 | 0.10 | 7.37 |
| 2013 | 4.28 | 2.22 | -0.25 | 6.10 | 5.16 | 6.60 | 6.67 | 0.32 | -0.98 | 3.79 |
| 2014 | 3.91 | 1.09 | -0.05 | 7.09 | 7.05 | 7.20 | 5.37 | -1.64 | 1.71 | 7.53 |
| 2015 | 4.55 | 2.56 | 1.16 | 7.06 | 7.09 | 7.90 | 5.02 | 1.08 | 1.02 | 1.52 |
| 2016 | 4.38 | 3.12 | 1.97 | 6.95 | 5.09 | 3.40 | 5.56 | 1.40 | 2.05 | 3.98 |
| 2017 | 4.31 | 3.94 | 2.98 | 5.34 | 6.21 | 4.58 | 3.74 | 0.50 | 2.25 | 8.23 |
| 2018 | 4.72 | 3.20 | 2.92 | 4.51 | 4.44 | 3.96 | 7.58 | -1.35 | 1.53 | 7.83 |
| 2019 | 4.71 | 3.53 | 2.82 | 4.62 | 4.73 | 6.32 | 6.58 | -0.00 | 3.48 | 3.72 |
| 2020 | 12.42 | 3.58 | 3.85 | -0.29 | 9.48 | 9.85 | 24.06 | 3.31 | 3.78 | 2.90 |
| 2021 | 6.25 | 7.34 | 7.33 | 5.73 | 4.96 | 4.58 | 7.13 | 1.83 | 13.41 | 9.09 |
| 2022 | 5.62 | 6.57 | 6.95 | 7.66 | 5.29 | 4.06 | 6.11 | -1.16 | 10.37 | 4.73 |
| 2023 | 5.15 | 2.87 | 3.00 | 2.67 | 2.04 | 1.81 | 9.76 | 0.57 | -2.03 | 11.51 |
| 2024 | 4.74 | 3.11 | 2.84 | 1.98 | 3.06 | 3.34 | 7.28 | 2.78 | 0.99 | 5.59 |
| 2025 | 5.16 | 3.40 | 2.92 | 2.16 | 3.83 | 4.03 | 7.25 | 4.58 | 4.21 | 14.76 |
| 2020:Q4 | 5.75 | 5.66 | 4.53 | 1.97 | 1.35 | -1.96 | 9.88 | 1.87 | 6.82 | 15.83 |
| 2021:Q1 | 5.17 | 5.91 | 5.19 | 3.80 | 4.82 | 4.25 | 5.25 | 2.96 | 4.70 | 8.03 |
| 2021:Q2 | 6.40 | 7.60 | 7.80 | 7.09 | 2.62 | 2.57 | 9.05 | 2.49 | 21.04 | 3.59 |
| 2021:Q3 | 4.17 | 7.15 | 7.50 | 5.33 | 4.84 | 5.70 | 1.74 | 2.54 | 17.06 | 16.15 |
| 2021:Q4 | 8.61 | 7.63 | 7.72 | 5.90 | 7.11 | 5.35 | 11.81 | -0.71 | 8.04 | 8.04 |
| 2022:Q1 | 8.59 | 8.46 | 8.81 | 7.62 | 7.34 | 6.97 | 11.14 | -2.35 | 8.68 | 5.77 |
| 2022:Q2 | 5.36 | 7.59 | 8.64 | 8.71 | 6.47 | 5.68 | 3.32 | 2.30 | 12.91 | 6.68 |
| 2022:Q3 | 5.18 | 6.45 | 6.39 | 6.81 | 3.85 | 2.39 | 5.97 | 0.07 | 7.96 | 7.14 |
| 2022:Q4 | 2.90 | 3.18 | 3.30 | 6.67 | 3.10 | 0.98 | 3.53 | -4.67 | 10.41 | 0.01 |
| 2023:Q1 | 4.15 | 2.58 | 2.82 | 4.18 | 4.27 | 4.50 | 5.57 | 1.09 | 16.50 | 10.58 |
| 2023:Q2 | 5.44 | 3.21 | 3.12 | 3.25 | 1.77 | 1.67 | 10.26 | 2.22 | -9.86 | 13.86 |
| 2023:Q3 | 6.11 | 3.28 | 3.73 | 0.55 | 1.26 | 0.97 | 12.49 | -0.04 | -9.49 | 5.04 |
| 2023:Q4 | 4.52 | 2.27 | 2.18 | 2.61 | 0.83 | 0.06 | 9.39 | -0.98 | -4.74 | 14.92 |
| 2024:Q1 | 5.06 | 3.22 | 2.25 | 2.14 | 3.86 | 4.75 | 7.46 | 2.47 | -1.67 | 1.12 |
| 2024:Q2 | 3.73 | 2.81 | 3.25 | 0.91 | 4.02 | 4.94 | 3.91 | 5.81 | 4.01 | 13.99 |
| 2024:Q3 | 5.66 | 2.97 | 3.22 | 2.55 | 3.28 | 3.88 | 9.36 | 3.80 | 5.10 | 9.88 |
| 2024:Q4 | 4.19 | 3.28 | 2.51 | 2.27 | 0.94 | -0.37 | 7.65 | -1.06 | -3.45 | -2.51 |
| 2025:Q1 | 3.52 | 2.06 | 2.54 | 1.32 | 5.07 | 6.58 | 3.34 | 4.08 | 11.52 | 24.02 |
| 2025:Q2 | 3.16 | 4.10 | 3.52 | 2.82 | 3.94 | 4.43 | 1.48 | 8.20 | 8.24 | 12.93 |
| 2025:Q3 | 8.82 | 4.20 | 3.46 | 2.26 | 3.91 | 4.30 | 15.50 | 5.47 | -4.90 | 8.08 |
| 2025:Q4 | 4.80 | 3.09 | 2.06 | 2.11 | 2.24 | 0.68 | 8.07 | 0.32 | 1.89 | 10.54 |
| 2026:Q1 | 5.67 | 2.60 | 2.03 | 2.58 | 7.02 | 8.83 | 6.65 | 6.01 | 9.87 | 12.78 |
NOTES
- Debt securities and loans. Data shown are on an end-of-period basis.
Last Update: June 11, 2026