D.3 Debt Outstanding by Sector
Billions of dollars; quarterly figures are seasonally adjusted
| Line | Series | Description | 2021 | 2022 | 2023 | 2024 | 2023
Q4 | 2024
Q1 | 2024
Q2 | 2024
Q3 | 2024
Q4 | 2025
Q1 | 2025
Q2 | Line |
| 1 | LA384104005.Q | Domestic nonfinancial sectors; debt securities and loans; liability | 66538.0 | 70228.6 | 73782.2 | 76862.5 | 73782.2 | 74710.2 | 75403.8 | 76467.2 | 76862.5 | 77434.6 | 77956.9 | 1 |
| 2 | LA154104005.Q | Households and nonprofit organizations; debt securities and loans; liability | 18200.1 | 19362.5 | 19876.5 | 20200.7 | 19876.5 | 20027.4 | 20168.0 | 20313.8 | 20200.7 | 20285.1 | 20450.9 | 2 |
| 3 | LA153165105.Q | Households and nonprofit organizations; one-to-four-family residential mortgages; liability | 11814.5 | 12654.1 | 13017.1 | 13381.1 | 13017.1 | 13086.6 | 13192.8 | 13298.0 | 13381.1 | 13456.2 | 13565.1 | 3 |
| 4 | LA153166000.Q | Households and nonprofit organizations; consumer credit; liability | 4512.7 | 4858.5 | 4988.3 | 4950.0 | 4988.3 | 5013.9 | 5027.3 | 5057.0 | 4950.0 | 5022.9 | 5044.1 | 4 |
| 5 | LA144104005.Q | Nonfinancial business; debt securities and loans; liability | 19613.0 | 20635.1 | 21038.3 | 21556.7 | 21038.3 | 21246.9 | 21456.9 | 21632.4 | 21556.7 | 21743.6 | 21910.3 | 5 |
| 6 | LA104104005.Q | Nonfinancial corporate business; debt securities and loans; liability | 12722.5 | 13205.7 | 13441.2 | 13764.9 | 13441.2 | 13611.0 | 13776.5 | 13902.3 | 13764.9 | 13903.0 | 14014.0 | 6 |
| 7 | LA314104005.Q | Federal government; debt securities and loans; liability | 25304.5 | 26851.4 | 29471.8 | 31616.7 | 29471.8 | 30021.1 | 30314.3 | 31023.4 | 31616.7 | 31880.9 | 31998.7 | 7 |
| 8 | LA214104005.Q | State and local governments; debt securities and loans; liability | 3420.4 | 3379.6 | 3395.6 | 3488.3 | 3395.6 | 3414.8 | 3464.5 | 3497.6 | 3488.3 | 3525.0 | 3597.0 | 8 |
| 9 | LA794104005.Q | Domestic financial sectors; debt securities and loans; liability | 17719.4 | 19318.5 | 19657.8 | 20231.7 | 19657.8 | 19825.6 | 19764.9 | 20203.4 | 20231.7 | 20573.1 | 20886.9 | 9 |
| 10 | LA264104005.Q | Rest of the world; debt securities and loans; liability | 5033.3 | 4592.7 | 4716.4 | 5116.9 | 4716.4 | 4670.7 | 4800.5 | 4920.1 | 5116.9 | 5347.6 | 5569.1 | 10 |