Annual Budget Deficit or Surplus as a Share of the Economy

March 19, 2014 - Download PDF Version

This chart shows the size of the federal budget deficit (or surplus) as a share of the overall U.S. economy since 1930. In President Obama’s 2015 budget, the deficit amounts to 3.1 percent of the economy. As you can see, that’s roughly on par with annual deficits since World War II.