Federal budget & debt · FYONET
Federal outlays (fiscal year)
As of FY 2025, the federal outlays (fiscal year) stood at $7.01T, a change of +4.1% from the year before.
Source: U.S. Office of Management and Budget via FRED®. Annual data, not seasonally adjusted. Latest observation FY 2025; snapshot taken Oct 27, 2026, 2:15 AM EDT.
Latest (FY 2025)
$7.01T
Change from FY 2024
+4.1%
A year earlier
$6.74T
12-month change
+4.1%
$7.01T FY 2025 · Millions of dollars
Millions of dollars. Data from FY 1901 to FY 2025 (125 observations).
What it measures
This is total federal spending for each fiscal year, from the Office of Management and Budget.
- Official title
- Federal Net Outlays
- Units
- Millions of dollars
- Frequency and adjustment
- Annual, not seasonally adjusted
- Original source
- U.S. Office of Management and Budget
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| Date | Value | Change |
|---|---|---|
| FY 2025 | $7.01T | +4.1% |
| FY 2024 | $6.74T | +9.9% |
| FY 2023 | $6.13T | -2.3% |
| FY 2022 | $6.27T | -8.1% |
| FY 2021 | $6.82T | +4.7% |
| FY 2020 | $6.52T | +46.5% |
| FY 2019 | $4.45T | +8.2% |
| FY 2018 | $4.11T | +3.2% |
| FY 2017 | $3.98T | +3.3% |
| FY 2016 | $3.85T | +4.4% |
| FY 2015 | $3.69T | +5.3% |
| FY 2014 | $3.51T | +1.5% |
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This page shows public economic data for general information. It is not financial advice and does not predict future values.
Sources
- U.S. Office of Management and Budget, Federal Net Outlays [FYONET], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FYONET, Oct 27, 2026.
- View FYONET on FRED® · U.S. Office of Management and Budget
FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor U.S. Office of Management and Budget endorses OpenEcon.