FYFSDFederal Surplus/Deficit (FYFSD) — Current Value & Historical Data
Federal Surplus/Deficit (FYFSD) Chart & Data Table
Gray bands: NBER recessions·Dashed lines: key policy events
What is Federal Surplus/Deficit (FYFSD)?
Dates represent the end of the fiscal year. Fiscal year series are updated with official OMB figures in January or February.
Current Federal Surplus/Deficit (FYFSD) Value
As of September 30, 2025, the current federal surplus or deficit [-] is -1774684.00 Millions of Dollars. This is the most recent observation available for this series, updated annual, fiscal year.
Federal Surplus/Deficit Historical Trend
Federal Surplus or Deficit [-] rose 2.24% year-over-year. In the series' tracked history, the highest recorded value was 236241.00 (September 2000), and the lowest was -3095653.00 (September 2020).
Methodology & Source
Source
U.S. Department of the Treasury
Frequency
Annual, Fiscal Year
Units
Millions of Dollars
Notes
Dates represent the end of the fiscal year. Fiscal year series are updated with official OMB figures in January or February. In October, the latest fiscal year is updated with figures from the Treasury Department (September figures from the Treasury's fiscal year to date series)....
Frequently Asked Questions About Federal Surplus/Deficit (FYFSD)
What is the current federal surplus or deficit [-]?
As of September 30, 2025, federal surplus or deficit [-] stands at -1774684.00 Millions of Dollars.
Where does federal surplus or deficit [-] data come from?
Federal Surplus or Deficit [-] data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is federal surplus or deficit [-] updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for federal surplus or deficit [-]?
In the available data, the highest value was 236241.00 Millions of Dollars in September 2000, and the lowest was -3095653.00 Millions of Dollars in September 2020.
See Federal Surplus/Deficit in context
FYFSD is tracked on the Receipts vs Outlays dashboard, alongside related indicators and historical context.
View the Receipts vs Outlays dashboard →Related government-spending dashboards
How Federal Surplus/Deficit connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.