Monetary interest paid: Government
W500RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
997.91
Year-over-Year Change
122.13%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Monetary interest paid: Government' trend measures the amount of interest paid by the U.S. government on its debt obligations. This metric is crucial for understanding the government's fiscal position and the cost of servicing its debt.
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 economic indicator tracks the total interest payments made by the U.S. federal government on its outstanding debt, including Treasury securities, agency debt, and other liabilities. It provides insight into the government's financing costs and debt service burden, which are key factors in fiscal policy analysis and debt management strategies.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the government's fiscal health and the potential impact of interest rate changes on debt servicing costs.
Key Facts
- The U.S. government paid $572 billion in interest in 2022.
- Interest payments account for over 6% of the federal budget.
- Rising interest rates can significantly increase the government's debt servicing costs.
FAQs
Q: What does this economic trend measure?
A: The 'Monetary interest paid: Government' trend measures the total interest payments made by the U.S. federal government on its outstanding debt, including Treasury securities, agency debt, and other liabilities.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the government's fiscal position and the cost of servicing its debt, which are key factors in fiscal policy analysis and debt management strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to assess the government's fiscal health and the potential impact of interest rate changes on debt servicing costs.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of a few months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monetary interest paid: Government (W500RC1A027NBEA), retrieved from FRED.