The Federal Budget in Fiscal Year 2021: An Infographic

Graphic

The federal deficit in 2021 was $2.8 trillion, equal to 12.4 percent of gross domestic product.

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Corrections and Updates

On February 14, 2023, CBO reposted this interactive graphic to correct a misstated amount for total outlays. Those outlays amount to $6.8 trillion, or 30.5 percent of gross domestic product, rather than the $4.4 trillion previously shown.