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US Net Interest FY2011

US net interest for fiscal year 2011 was $230.0 billion, up 17.2% from FY2010.

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

FY2011

$230.0 billion

FY2010

$196.2 billion

Year on year

+17.2%

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 FY2011