D.3 Debt Outstanding by Sector (1)
Billions of dollars; quarterly figures are seasonally adjusted
Date Domestic nonfinancial sectors


Total
LA384104005
Domestic nonfinancial sectors
Households

Total
LA154104005
Domestic nonfinancial sectors
Households
Home
mortgage
LA153165105
Domestic nonfinancial sectors
Households
Consumer
credit
LA153166000
Domestic nonfinancial sectors
Business

Total
LA144104005
Domestic nonfinancial sectors
Business
Corporate

LA104104005
Domestic nonfinancial sectors
Federal
government

LA314104005
Domestic nonfinancial sectors
State and
local
governments
LA214104005
Domestic
financial
sectors



LA794104005
Rest of
the World




LA264104005
1990 11299.8 3646.2 2489.8 824.4 3811.9 2613.9 2830.8 1010.9 2647.0 368.7
1991 11827.5 3855.2 2667.9 815.6 3726.2 2556.4 3147.4 1098.7 2828.3 375.5
1992 12377.3 4056.1 2840.9 824.8 3717.8 2574.3 3491.1 1112.3 3075.1 395.5
1993 13103.1 4305.5 2999.7 886.2 3845.6 2722.1 3784.3 1167.6 3432.2 484.8
1994 13798.0 4630.3 3166.4 1021.2 4068.9 2930.1 3977.8 1121.0 3900.4 473.4
1995 14491.5 4953.4 3320.5 1168.2 4326.6 3141.4 4152.0 1059.5 4367.2 602.5
1996 15259.4 5316.5 3538.6 1273.9 4560.8 3302.6 4343.1 1039.0 4930.6 689.1
1997 16138.9 5656.4 3746.4 1344.2 4986.3 3623.5 4406.5 1089.8 5476.2 763.6
1998 17278.6 6110.8 4048.6 1441.3 5616.1 4070.6 4395.1 1156.6 6507.5 806.0
1999 18460.6 6680.9 4424.3 1553.6 6219.9 4477.2 4365.0 1194.7 7609.5 776.7
2000 19317.6 7248.3 4805.2 1741.3 6766.8 4828.1 4090.0 1212.5 8489.8 837.1
2001 20428.6 7892.0 5311.8 1891.8 7071.8 4969.4 4145.2 1319.6 9496.7 829.5
2002 21805.0 8668.4 6016.3 1997.0 7246.4 4986.6 4427.3 1462.9 10315.9 954.4
2003 23540.1 9749.5 6895.6 2102.9 7356.7 5022.1 4848.0 1585.9 11351.4 1155.6
2004 26479.0 10880.7 7840.6 2220.1 7841.8 5253.2 5250.9 2505.6 12394.3 1280.9
2005 28773.8 12053.7 8902.9 2320.6 8462.7 5535.6 5584.8 2672.7 13444.7 1343.4
2006 31235.5 13347.4 9899.3 2456.7 9291.0 5948.6 5803.9 2793.1 14864.8 1648.8
2007 33739.0 14243.3 10577.1 2609.5 10448.4 6641.6 6074.3 2972.9 16994.2 1980.2
2008 35605.7 14163.4 10540.1 2643.8 11044.4 6919.0 7376.8 3021.1 17638.2 1585.2
2009 36546.3 14002.9 10406.8 2555.0 10493.9 6477.7 8882.6 3166.8 15749.7 1992.4
2010 37928.1 13770.5 9957.9 2646.8 10362.3 6375.6 10528.6 3266.8 14722.9 2272.8
2011 39207.3 13662.1 9754.9 2756.2 10635.6 6714.3 11667.2 3242.4 14171.7 2494.8
2012 40876.7 13553.4 9507.0 2912.9 11218.5 7126.0 12847.8 3257.0 13917.3 2798.9
2013 42520.6 13766.1 9395.0 3090.5 11781.6 7584.5 13705.1 3267.8 14070.3 2918.9
2014 44123.3 13866.2 9341.5 3309.5 12608.8 8130.0 14441.1 3207.2 14323.2 3230.6
2015 45946.9 14077.6 9435.8 3400.2 13462.5 8737.1 15165.6 3241.2 14295.3 3122.6
2016 47919.0 14487.0 9591.9 3636.4 14139.5 9027.7 16008.3 3284.1 14541.1 3203.8
2017 50091.6 15032.8 9852.3 3830.8 15153.0 9578.9 16606.9 3298.9 14838.1 3746.9
2018 52769.6 15499.2 10121.6 4007.0 16150.4 10284.5 17865.0 3255.0 15080.4 3905.5
2019 55237.5 16080.5 10391.3 4192.2 16861.2 10882.7 19039.9 3255.9 15477.8 4260.7
2020 62057.0 16616.3 10783.2 4149.0 18456.5 11952.4 23621.1 3363.1 16432.5 4523.1
2021 66506.6 18203.3 11814.5 4512.7 19570.6 12679.5 25304.5 3428.2 17717.0 5033.3
2022 70207.9 19392.1 12654.1 4858.5 20576.7 13155.0 26851.4 3387.7 19316.2 4592.9
2023 73768.3 19920.4 13017.1 4988.3 20971.7 13385.4 29471.8 3404.4 19655.5 4716.6
2024 76861.1 20253.0 13381.2 4948.1 21493.3 13710.7 31616.7 3498.0 20229.9 5117.0
2020:Q1 56663.9 16187.1 10462.1 4171.4 17705.0 11642.4 19503.9 3267.8 16628.0 4058.7
2020:Q2 60389.3 16166.0 10526.0 4102.3 18382.7 12115.7 22540.0 3300.6 16163.1 4279.7
2020:Q3 61180.8 16386.6 10663.8 4129.5 18395.3 12011.9 23051.5 3347.4 16159.4 4349.4
2020:Q4 62057.0 16616.3 10783.2 4149.0 18456.5 11952.4 23621.1 3363.1 16432.5 4523.1
2021:Q1 62857.9 16862.9 10922.1 4190.7 18675.8 12076.4 23931.0 3388.2 16682.3 4668.4
2021:Q2 64432.3 17552.2 11379.5 4389.8 18994.5 12331.8 24472.4 3413.2 17317.0 4759.5
2021:Q3 65090.2 17864.3 11591.9 4447.5 19212.1 12495.5 24578.9 3434.8 17535.3 4956.3
2021:Q4 66506.6 18203.3 11814.5 4512.7 19570.6 12679.5 25304.5 3428.2 17717.0 5033.3
2022:Q1 67935.5 18583.0 12074.0 4600.1 19935.8 12904.2 26008.9 3407.7 18286.3 4845.8
2022:Q2 68865.6 18931.4 12334.0 4700.2 20282.3 13109.8 26225.1 3426.8 18582.8 4681.8
2022:Q3 69756.3 19226.3 12530.2 4778.7 20485.8 13193.9 26616.5 3427.7 18850.0 4582.0
2022:Q4 70207.9 19392.1 12654.1 4858.5 20576.7 13155.0 26851.4 3387.7 19316.2 4592.9
2023:Q1 70933.4 19510.4 12741.3 4909.6 20800.9 13309.2 27225.5 3396.6 19898.4 4663.2
2023:Q2 71875.9 19659.3 12835.4 4950.4 20878.7 13355.7 27923.7 3414.2 19587.1 4684.3
2023:Q3 72962.0 19811.4 12949.7 4955.1 20941.3 13388.4 28795.5 3413.8 19478.7 4623.5
2023:Q4 73768.3 19920.4 13017.1 4988.3 20971.7 13385.4 29471.8 3404.4 19655.5 4716.6
2024:Q1 74698.5 20074.4 13086.6 5013.9 21179.0 13554.6 30021.1 3424.0 19823.2 4670.7
2024:Q2 75395.4 20216.8 13192.8 5027.2 21390.3 13721.1 30314.3 3473.9 19762.5 4800.7
2024:Q3 76462.5 20366.2 13298.1 5057.0 21565.8 13846.1 31023.4 3507.0 20199.9 4920.3
2024:Q4 76861.1 20253.0 13381.2 4948.1 21493.3 13710.7 31616.7 3498.0 20229.9 5117.0
2025:Q1 77433.7 20339.6 13456.3 5020.9 21678.5 13847.4 31880.9 3534.7 20566.6 5347.5
2025:Q2 77959.2 20485.5 13565.3 5042.7 21865.4 13975.2 31998.7 3609.7 20941.9 5556.6
2025:Q3 79670.6 20692.9 13672.8 5071.4 22080.1 14132.5 33238.5 3659.2 21063.2 5575.4

NOTES

  1. Debt securities and loans. Data are shown on an end-of-period basis.
Last Update: January 9, 2026