US Net Interest FY2005
US net interest for fiscal year 2005 was $184.0 billion, up 14.9% from FY2004.
Net interest is what the federal government pays to service its debt, after subtracting interest income it receives.
FY2005
$184.0 billion
FY2004
$160.2 billion
Year on year
+14.9%
Peak on record
$1.04 trillion
FY2026
Net Interest Over Time
FY2000โFY2026
Why Net Interest Matters
Net interest is the fastest-moving major line in the budget when rates rise, and unlike program spending it buys no current services โ it is the price of past borrowing.
Net Interest by Fiscal Year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008FY2007FY2006FY2005FY2004FY2003FY2002FY2001FY2000
Other Metrics for FY2005
See the full FY2005 budget page, the federal overview, or all 50 state budgets.