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 10880.8 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 2672.6 13444.7 1343.4
2006 31235.4 13347.5 9899.3 2456.7 9291.0 5948.6 5803.9 2793.0 14864.8 1648.8
2007 33738.9 14243.4 10577.1 2609.5 10448.4 6641.6 6074.3 2972.8 16994.2 1980.2
2008 35605.6 14163.4 10540.1 2643.8 11044.4 6919.0 7376.8 3021.0 17638.2 1585.2
2009 36589.0 14002.9 10406.8 2555.0 10536.8 6520.6 8882.6 3166.6 15749.5 1992.4
2010 37970.6 13770.5 9957.9 2646.8 10405.9 6419.1 10528.6 3265.6 14722.2 2272.8
2011 39252.0 13662.1 9754.9 2756.2 10681.5 6760.2 11667.2 3241.2 14171.0 2494.8
2012 40921.3 13553.4 9507.0 2912.9 11264.4 7171.8 12847.8 3255.7 13919.4 2798.9
2013 42564.3 13766.0 9395.0 3090.5 11827.4 7630.4 13705.1 3265.8 14072.7 2918.9
2014 44167.0 13866.2 9341.5 3309.5 12654.7 8175.8 14441.1 3205.1 14325.5 3230.6
2015 45988.9 14077.4 9435.8 3400.2 13508.2 8782.8 15165.6 3237.6 14297.6 3122.6
2016 47960.1 14486.8 9591.9 3636.4 14184.9 9073.1 16008.3 3280.0 14543.4 3203.8
2017 50131.8 15032.5 9852.3 3830.8 15198.3 9624.2 16606.9 3294.1 14840.5 3746.9
2018 52809.7 15499.0 10121.6 4007.0 16195.6 10329.7 17865.0 3250.0 15082.8 3905.5
2019 55275.4 16080.0 10391.3 4192.2 16906.0 10927.5 19039.9 3249.5 15480.2 4260.7
2020 62093.3 16615.7 10783.2 4149.0 18500.7 11996.6 23621.1 3355.8 16434.9 4523.1
2021 66538.0 18200.1 11814.5 4512.7 19613.0 12722.5 25304.5 3420.4 17719.4 5033.3
2022 70228.6 19362.5 12654.1 4858.5 20635.1 13205.7 26851.4 3379.6 19318.5 4592.7
2023 73782.2 19876.5 13017.1 4988.3 21038.3 13441.2 29471.8 3395.6 19657.8 4716.4
2024 76862.5 20200.7 13381.1 4950.0 21556.7 13764.9 31616.7 3488.3 20231.7 5116.9
2020:Q1 56701.5 16186.5 10462.1 4171.4 17749.9 11687.4 19503.9 3261.1 16630.4 4058.7
2020:Q2 60427.1 16165.3 10526.0 4102.3 18427.9 12160.9 22540.0 3293.9 16165.4 4279.7
2020:Q3 61218.3 16385.9 10663.8 4129.5 18440.6 12057.1 23051.5 3340.3 16161.8 4349.4
2020:Q4 62093.3 16615.7 10783.2 4149.0 18500.7 11996.6 23621.1 3355.8 16434.9 4523.1
2021:Q1 62893.3 16861.6 10922.1 4190.7 18719.9 12120.6 23931.0 3380.8 16684.6 4668.4
2021:Q2 64466.9 17550.3 11379.5 4389.8 19038.5 12376.1 24472.4 3405.7 17319.4 4759.5
2021:Q3 65124.0 17861.7 11591.9 4447.5 19256.0 12539.9 24578.9 3427.4 17537.6 4956.3
2021:Q4 66538.0 18200.1 11814.5 4512.7 19613.0 12722.5 25304.5 3420.4 17719.4 5033.3
2022:Q1 67964.3 18573.1 12074.0 4600.2 19982.4 12949.4 26009.0 3399.8 18288.6 4845.8
2022:Q2 68891.9 18913.8 12334.0 4700.2 20334.2 13157.3 26225.1 3418.8 18585.2 4681.7
2022:Q3 69780.0 19202.8 12530.2 4778.6 20541.1 13243.4 26616.5 3419.6 18852.3 4581.9
2022:Q4 70228.6 19362.5 12654.1 4858.5 20635.1 13205.7 26851.4 3379.6 19318.5 4592.7
2023:Q1 70952.7 19476.0 12741.3 4909.6 20862.4 13363.1 27225.5 3388.7 19900.8 4663.1
2023:Q2 71894.1 19621.8 12835.4 4950.4 20942.4 13409.8 27923.7 3406.2 19589.4 4684.1
2023:Q3 72978.0 19770.5 12949.7 4955.1 21006.9 13443.2 28795.5 3405.1 19481.1 4623.3
2023:Q4 73782.2 19876.5 13017.1 4988.3 21038.3 13441.2 29471.8 3395.6 19657.8 4716.4
2024:Q1 74710.2 20027.4 13086.6 5013.9 21246.9 13611.0 30021.1 3414.8 19825.6 4670.7
2024:Q2 75403.8 20168.0 13192.8 5027.3 21456.9 13776.5 30314.3 3464.5 19764.9 4800.5
2024:Q3 76467.2 20313.8 13298.0 5057.0 21632.4 13902.3 31023.4 3497.6 20203.4 4920.1
2024:Q4 76862.5 20200.7 13381.1 4950.0 21556.7 13764.9 31616.7 3488.3 20231.7 5116.9
2025:Q1 77434.6 20285.1 13456.2 5022.9 21743.6 13903.0 31880.9 3525.0 20573.1 5347.6
2025:Q2 77956.9 20450.9 13565.1 5044.1 21910.3 14014.0 31998.7 3597.0 20886.9 5569.1

NOTES

  1. Debt securities and loans. Data are shown on an end-of-period basis.
Last Update: September 11, 2025