February 8, 2017 Graphic The federal deficit in 2016 was $587 billion, equal to 3.2 percent of gross domestic product. View Document196.83 KB Summary Related Publications Discretionary Spending in 2016: An InfographicFebruary 8, 2017 Mandatory Spending in 2016: An InfographicFebruary 8, 2017 Revenues in 2016: An InfographicFebruary 8, 2017