President's Proposed 2016 Budget: Annual Budget Deficit or Surplus as Share of the Economy (GDP)

Feb. 9, 2015

This chart shows the size of the federal budget deficit (or surplus) as a share of the overall U.S. economy (measured by Gross Domestic Product, or GDP) dating back to 1930. In President Obama’s fiscal year 2016 budget, the deficit amounts to 2.5 percent of the economy. That’s on par with annual deficits since World War II.