U.S. farm sector debt, inflation adjusted, 1970–2022F

Billion dollars (2022)

Stacked bar chart with 53 groups and 2 items per group.

Group 1, 1970, Total value of 282.88718.
Item 1, Non-real estate debt value of 124.01668 which is 43.8% of 1970.
Item 2, Real estate debt value of 158.8705 which is 56.2% of 1970.
Group 2, 1971, Total value of 293.22824.
Item 1, Non-real estate debt value of 133.21439 which is 45.4% of 1971.
Item 2, Real estate debt value of 160.01385 which is 54.6% of 1971.
Group 3, 1972, Total value of 309.13956.
Item 1, Non-real estate debt value of 142.17337 which is 46.0% of 1972.
Item 2, Real estate debt value of 166.96619 which is 54.0% of 1972.
Group 4, 1973, Total value of 336.82416.
Item 1, Non-real estate debt value of 159.31168 which is 47.3% of 1973.
Item 2, Real estate debt value of 177.51248 which is 52.7% of 1973.
Group 5, 1974, Total value of 345.6909.
Item 1, Non-real estate debt value of 162.53731 which is 47.0% of 1974.
Item 2, Real estate debt value of 183.15356 which is 53.0% of 1974.
Group 6, 1975, Total value of 353.7095.
Item 1, Non-real estate debt value of 168.38689 which is 47.6% of 1975.
Item 2, Real estate debt value of 185.32262 which is 52.4% of 1975.
Group 7, 1976, Total value of 377.95557.
Item 1, Non-real estate debt value of 183.2926 which is 48.5% of 1976.
Item 2, Real estate debt value of 194.66295 which is 51.5% of 1976.
Group 8, 1977, Total value of 409.76923.
Item 1, Non-real estate debt value of 198.71474 which is 48.5% of 1977.
Item 2, Real estate debt value of 211.05447 which is 51.5% of 1977.
Group 9, 1978, Total value of 437.45584.
Item 1, Non-real estate debt value of 213.45929 which is 48.8% of 1978.
Item 2, Real estate debt value of 223.99655 which is 51.2% of 1978.
Group 10, 1979, Total value of 481.10175.
Item 1, Non-real estate debt value of 233.96973 which is 48.6% of 1979.
Item 2, Real estate debt value of 247.13202 which is 51.4% of 1979.
Group 11, 1980, Total value of 485.72702.
Item 1, Non-real estate debt value of 230.73354 which is 47.5% of 1980.
Item 2, Real estate debt value of 254.99347 which is 52.5% of 1980.
Group 12, 1981, Total value of 485.51144.
Item 1, Non-real estate debt value of 228.92564 which is 47.2% of 1981.
Item 2, Real estate debt value of 256.5858 which is 52.8% of 1981.
Group 13, 1982, Total value of 473.38718.
Item 1, Non-real estate debt value of 224.37383 which is 47.4% of 1982.
Item 2, Real estate debt value of 249.01337 which is 52.6% of 1982.
Group 14, 1983, Total value of 461.0652.
Item 1, Non-real estate debt value of 218.1941 which is 47.3% of 1983.
Item 2, Real estate debt value of 242.87106 which is 52.7% of 1983.
Group 15, 1984, Total value of 451.29626.
Item 1, Non-real estate debt value of 208.94885 which is 46.3% of 1984.
Item 2, Real estate debt value of 242.34741 which is 53.7% of 1984.
Group 16, 1985, Total value of 398.85672.
Item 1, Non-real estate debt value of 180.86409 which is 45.3% of 1985.
Item 2, Real estate debt value of 217.99263 which is 54.7% of 1985.
Group 17, 1986, Total value of 343.5925.
Item 1, Non-real estate debt value of 152.64473 which is 44.4% of 1986.
Item 2, Real estate debt value of 190.94775 which is 55.6% of 1986.
Group 18, 1987, Total value of 306.98923.
Item 1, Non-real estate debt value of 138.96349 which is 45.3% of 1987.
Item 2, Real estate debt value of 168.02576 which is 54.7% of 1987.
Group 19, 1988, Total value of 285.0196.
Item 1, Non-real estate debt value of 133.38956 which is 46.8% of 1988.
Item 2, Real estate debt value of 151.63004 which is 53.2% of 1988.
Group 20, 1989, Total value of 269.92645.
Item 1, Non-real estate debt value of 128.27592 which is 47.5% of 1989.
Item 2, Real estate debt value of 141.65054 which is 52.5% of 1989.
Group 21, 1990, Total value of 260.32083.
Item 1, Non-real estate debt value of 126.040504 which is 48.4% of 1990.
Item 2, Real estate debt value of 134.28033 which is 51.6% of 1990.
Group 22, 1991, Total value of 253.2995.
Item 1, Non-real estate debt value of 123.74266 which is 48.9% of 1991.
Item 2, Real estate debt value of 129.55684 which is 51.1% of 1991.
Group 23, 1992, Total value of 247.07195.
Item 1, Non-real estate debt value of 119.599014 which is 48.4% of 1992.
Item 2, Real estate debt value of 127.47293 which is 51.6% of 1992.
Group 24, 1993, Total value of 246.38449.
Item 1, Non-real estate debt value of 120.84979 which is 49.0% of 1993.
Item 2, Real estate debt value of 125.5347 which is 51.0% of 1993.
Group 25, 1994, Total value of 249.5358.
Item 1, Non-real estate debt value of 123.96444 which is 49.7% of 1994.
Item 2, Real estate debt value of 125.57136 which is 50.3% of 1994.
Group 26, 1995, Total value of 251.53975.
Item 1, Non-real estate debt value of 125.364716 which is 49.8% of 1995.
Item 2, Real estate debt value of 126.17503 which is 50.2% of 1995.
Group 27, 1996, Total value of 256.6777.
Item 1, Non-real estate debt value of 128.10414 which is 49.9% of 1996.
Item 2, Real estate debt value of 128.57356 which is 50.1% of 1996.
Group 28, 1997, Total value of 266.45956.
Item 1, Non-real estate debt value of 133.12811 which is 50.0% of 1997.
Item 2, Real estate debt value of 133.33145 which is 50.0% of 1997.
Group 29, 1998, Total value of 276.52023.
Item 1, Non-real estate debt value of 136.93802 which is 49.5% of 1998.
Item 2, Real estate debt value of 139.5822 which is 50.5% of 1998.
Group 30, 1999, Total value of 277.7898.
Item 1, Non-real estate debt value of 133.33232 which is 48.0% of 1999.
Item 2, Real estate debt value of 144.45747 which is 52.0% of 1999.
Group 31, 2000, Total value of 265.4777.
Item 1, Non-real estate debt value of 128.271 which is 48.3% of 2000.
Item 2, Real estate debt value of 137.2067 which is 51.7% of 2000.
Group 32, 2001, Total value of 270.1584.
Item 1, Non-real estate debt value of 129.99974 which is 48.1% of 2001.
Item 2, Real estate debt value of 140.15863 which is 51.9% of 2001.
Group 33, 2002, Total value of 291.68137.
Item 1, Non-real estate debt value of 138.66101 which is 47.5% of 2002.
Item 2, Real estate debt value of 153.02036 which is 52.5% of 2002.
Group 34, 2003, Total value of 276.88394.
Item 1, Non-real estate debt value of 127.97118 which is 46.2% of 2003.
Item 2, Real estate debt value of 148.91275 which is 53.8% of 2003.
Group 35, 2004, Total value of 294.22888.
Item 1, Non-real estate debt value of 139.11287 which is 47.3% of 2004.
Item 2, Real estate debt value of 155.11601 which is 52.7% of 2004.
Group 36, 2005, Total value of 301.9241.
Item 1, Non-real estate debt value of 137.46037 which is 45.5% of 2005.
Item 2, Real estate debt value of 164.46375 which is 54.5% of 2005.
Group 37, 2006, Total value of 302.07126.
Item 1, Non-real estate debt value of 143.30052 which is 47.4% of 2006.
Item 2, Real estate debt value of 158.77074 which is 52.6% of 2006.
Group 38, 2007, Total value of 328.27332.
Item 1, Non-real estate debt value of 148.6691 which is 45.3% of 2007.
Item 2, Real estate debt value of 179.60422 which is 54.7% of 2007.
Group 39, 2008, Total value of 349.4166.
Item 1, Non-real estate debt value of 151.45924 which is 43.3% of 2008.
Item 2, Real estate debt value of 197.95735 which is 56.7% of 2008.
Group 40, 2009, Total value of 356.8154.
Item 1, Non-real estate debt value of 162.70872 which is 45.6% of 2009.
Item 2, Real estate debt value of 194.10666 which is 54.4% of 2009.
Group 41, 2010, Total value of 366.46896.
Item 1, Non-real estate debt value of 164.05254 which is 44.8% of 2010.
Item 2, Real estate debt value of 202.41644 which is 55.2% of 2010.
Group 42, 2011, Total value of 379.0348.
Item 1, Non-real estate debt value of 163.83237 which is 43.2% of 2011.
Item 2, Real estate debt value of 215.20244 which is 56.8% of 2011.
Group 43, 2012, Total value of 375.90005.
Item 1, Non-real estate debt value of 156.85919 which is 41.7% of 2012.
Item 2, Real estate debt value of 219.04085 which is 58.3% of 2012.
Group 44, 2013, Total value of 391.4791.
Item 1, Non-real estate debt value of 161.60593 which is 41.3% of 2013.
Item 2, Real estate debt value of 229.87315 which is 58.7% of 2013.
Group 45, 2014, Total value of 420.7361.
Item 1, Non-real estate debt value of 180.89769 which is 43.0% of 2014.
Item 2, Real estate debt value of 239.83841 which is 57.0% of 2014.
Group 46, 2015, Total value of 430.6402.
Item 1, Non-real estate debt value of 178.62215 which is 41.5% of 2015.
Item 2, Real estate debt value of 252.01807 which is 58.5% of 2015.
Group 47, 2016, Total value of 447.2278.
Item 1, Non-real estate debt value of 177.11984 which is 39.6% of 2016.
Item 2, Real estate debt value of 270.10797 which is 60.4% of 2016.
Group 48, 2017, Total value of 457.8318.
Item 1, Non-real estate debt value of 180.80157 which is 39.5% of 2017.
Item 2, Real estate debt value of 277.0302 which is 60.5% of 2017.
Group 49, 2018, Total value of 460.9846.
Item 1, Non-real estate debt value of 179.5731 which is 39.0% of 2018.
Item 2, Real estate debt value of 281.4115 which is 61.0% of 2018.
Group 50, 2019, Total value of 473.07202.
Item 1, Non-real estate debt value of 171.62561 which is 36.3% of 2019.
Item 2, Real estate debt value of 301.4464 which is 63.7% of 2019.
Group 51, 2020, Total value of 489.8357.
Item 1, Non-real estate debt value of 169.41061 which is 34.6% of 2020.
Item 2, Real estate debt value of 320.42508 which is 65.4% of 2020.
Group 52, 2021, Total value of 503.698.
Item 1, Non-real estate debt value of 159.20883 which is 31.6% of 2021.
Item 2, Real estate debt value of 344.48914 which is 68.4% of 2021.
Group 53, 2022F, Total value of 501.88235.
Item 1, Non-real estate debt value of 154.08316 which is 30.7% of 2022F.
Item 2, Real estate debt value of 347.79916 which is 69.3% of 2022F.

Note: F = forecast. Real values are adjusted for inflation using the U.S. Bureau of Economic Analysis Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2022 by USDA, Economic Research Service.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 1, 2022.