How big is the federal deficit each year?

The government spent $1.78 trillion more than it collected in fiscal 2025. The gap peaked at $3.13 trillion in 2020, during the pandemic, and has stayed above $1.3 trillion since. The deficit is spending minus revenue, not adjusted for inflation; Treasury's API has these statements from fiscal 2015.

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Key facts

Measure: Deficit in US dollars. Written from the data below.

  • The latest figure, for 2025, is $1.78T.
  • That is 4 times the 2015 figure, $439B.
  • The highest was $3.13T in 2020.
  • The lowest was $439B in 2015.

Source and date

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Citation

Chartly. “How big is the federal deficit each year?” Chart. Data: U.S. Treasury Fiscal Data, Monthly Treasury Statement (Table 9), https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/ (data as of September 30, 2025). https://chart.ly/charts/federal-deficit-by-year (accessed October 15, 2026).

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Fiscal year Deficit in US dollars
2015 438,898,858,122
2016 587,411,769,637
2017 665,711,513,062
2018 778,996,251,866
2019 984,388,026,332
2020 3,131,917,248,889
2021 2,772,178,788,290
2022 1,375,388,552,955
2023 1,695,148,300,530
2024 1,832,815,989,074
2025 1,775,357,280,734

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