D.1 Debt Growth by Sector
In percent; quarterly figures are seasonally adjusted annual rates
| Line | Series | Description | 2021 | 2022 | 2023 | 2024 | 2023
Q4 | 2024
Q1 | 2024
Q2 | 2024
Q3 | 2024
Q4 | 2025
Q1 | 2025
Q2 | Line |
| 1 | FG384104005.Q | Domestic nonfinancial sectors; debt securities and loans; liability | 6.2 | 5.6 | 5.1 | 4.7 | 4.4 | 5.0 | 3.7 | 5.6 | 4.2 | 3.5 | 3.0 | 1 |
| 2 | FG154104005.Q | Households and nonprofit organizations; debt securities and loans; liability | 7.3 | 6.3 | 2.7 | 3.1 | 2.2 | 3.1 | 2.8 | 2.9 | 3.3 | 1.8 | 3.8 | 2 |
| 3 | FG153165105.Q | Households and nonprofit organizations; one-to-four-family residential mortgages; liability | 7.3 | 7.0 | 2.9 | 2.8 | 2.1 | 2.2 | 3.3 | 3.2 | 2.5 | 2.3 | 3.3 | 3 |
| 4 | FG153166000.Q | Households and nonprofit organizations; consumer credit; liability | 5.7 | 7.7 | 2.7 | 2.0 | 2.7 | 2.1 | 1.1 | 2.4 | 2.4 | 1.2 | 2.8 | 4 |
| 5 | FG144104005.Q | Nonfinancial business; debt securities and loans; liability | 4.9 | 5.5 | 2.0 | 3.0 | 0.6 | 4.0 | 4.0 | 3.3 | 0.8 | 5.2 | 3.6 | 5 |
| 6 | FG104104005.Q | Nonfinancial corporate business; debt securities and loans; liability | 4.5 | 4.3 | 1.8 | 3.3 | 0.0 | 5.1 | 4.9 | 3.7 | -0.5 | 6.7 | 4.0 | 6 |
| 7 | FG314104005.Q | Federal government; debt securities and loans; liability | 7.1 | 6.1 | 9.8 | 7.3 | 9.4 | 7.5 | 3.9 | 9.4 | 7.6 | 3.3 | 1.5 | 7 |
| 8 | FG214104005.Q | State and local governments; debt securities and loans; liability | 1.9 | -1.2 | 0.5 | 2.7 | -1.1 | 2.3 | 5.8 | 3.8 | -1.1 | 4.2 | 8.2 | 8 |
| 9 | FG794104005.Q | Domestic financial sectors; debt securities and loans; liability | 5.3 | 9.0 | 1.8 | 2.9 | 3.7 | 1.9 | 0.3 | 8.9 | 0.6 | 6.8 | 6.1 | 9 |
| 10 | FG264104005.Q | Rest of the world; debt securities and loans; liability | 14.0 | 6.1 | 4.2 | 7.5 | 6.2 | 3.0 | 14.9 | 3.6 | 8.0 | 11.6 | 12.9 | 10 |