April 30, 2021 Graphic The federal deficit in 2020 was $3.1 trillion, equal to 14.9 percent of gross domestic product. View Document94.46 KB Related Publications Discretionary Spending in Fiscal Year 2020: An InfographicApril 30, 2021 Mandatory Spending in Fiscal Year 2020: An InfographicApril 30, 2021 Revenues in Fiscal Year 2020: An InfographicApril 30, 2021