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US Net Interest FY2009

US net interest for fiscal year 2009 was $186.9 billion, down 26.1% from FY2008.

Net interest is what the federal government pays to service its debt, after subtracting interest income it receives.

FY2009

$186.9 billion

FY2008

$252.8 billion

Year on year

-26.1%

Peak on record

$1.04 trillion

FY2026

Net Interest Over Time

FY2000โ€“FY2026

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

Other Metrics for FY2009