Federal Government; Total Liabilities, Level
FGTLBLQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,308,912.00
Year-over-Year Change
19.23%
Date Range
10/1/1945 - 1/1/2025
Summary
The 'Federal Government; Total Liabilities, Level' series measures the total outstanding liabilities of the U.S. federal government. This key economic indicator provides insights into the government's fiscal position and debt levels.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total liabilities of the U.S. federal government, including debt obligations, accounts payable, and other financial commitments. It is a crucial metric for understanding the government's overall fiscal health and its ability to finance operations and service debt.
Methodology
The data is collected and reported by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Historical Context
This trend is closely monitored by policymakers, investors, and economists to assess the government's fiscal sustainability and inform decisions around budgeting, taxation, and debt management.
Key Facts
- The U.S. federal government's total liabilities reached a record high of $32.7 trillion in Q4 2022.
- Government liabilities have grown significantly since the 2008 financial crisis and COVID-19 pandemic.
- Interest payments on the national debt are a major component of the federal budget.
FAQs
Q: What does this economic trend measure?
A: The 'Federal Government; Total Liabilities, Level' series measures the total outstanding liabilities of the U.S. federal government, including debt, accounts payable, and other financial commitments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the government's fiscal health and its ability to finance operations and service debt, making it an important indicator for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the government's fiscal sustainability and inform decisions around budgeting, taxation, and debt management.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a typical release lag of approximately three months.
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Citation
U.S. Federal Reserve, Federal Government; Total Liabilities, Level (FGTLBLQ027S), retrieved from FRED.