In fiscal year 2017, the budget deficit totaled $666 billion—$80 billion more than the shortfall recorded in 2016. Measured as a share of GDP, the deficit increased to 3.5 percent in 2017, up from 3.2 percent in 2016 and 2.4 percent in 2015.

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Monthly Budget Review: Summary for Fiscal Year 2017

In fiscal year 2017, the budget deficit totaled $666 billion—$80 billion more than the shortfall recorded in 2016. Measured as a share of GDP, the deficit increased to 3.5 percent in 2017, up from 3.2 percent in 2016 and 2.4 percent in 2015.

    


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