Fiscal Year

Deficit/Surplus
(in billions of dollars)

Deficit/Surplus
(as % of GDP)

1969

3.2

0.3

1970

-2.8

-0.3

1971

-23.0

-2.1

1972

-23.3

-2.0

1973

-14.9

-1.1

1974

-6.1

-0.4

1975

-53.2

-3.4

1976

-73.7

-4.3

1977

-53.7

-2.7

1978

-59.2

-2.7

1979

-40.7

-1.6

1980

-73.8

-2.7

1981

-79.0

-2.6

1982

-128.0

-4.0

1983

-207.8

-6.1

1984

-185.4

-4.9

1985

-212.3

-5.2

1986

-221.2

-5.1

1987

-149.8

-3.3

1988

-155.2

-3.1

1989

-152.5

-2.8

1990

-221.2

-3.9

1991

-269.4

-4.6

1992

-290.4

-4.7

1993

-255.0

-3.9

1994

-203.1

-3.0

1995

-163.9

-2.3

1996

-107.5

-1.4

1997

-21.9

-0.3

1998

About 70*

Nearly one percent*