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US Federal Deficit FY2000

US federal deficit for fiscal year 2000 was -$236.2 billion (-2.3% of GDP).

The federal deficit is the gap between what the government spends (outlays) and what it collects (receipts) in a fiscal year. A negative value means a surplus.

FY2000

-$236.2 billion

-2.3% of GDP

Peak on record

$3.13 trillion

FY2020

Federal Deficit Over Time

FY2000โ€“FY2026

Why Federal Deficit Matters

Every dollar of deficit is borrowed, adding to debt held by the public and to future interest costs. Economists usually judge it as a share of GDP rather than in dollars, because a growing economy can carry a larger absolute deficit.

Federal Deficit by Fiscal Year

Other Metrics for FY2000