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

$ billion (2022)

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

Group 1, 1970, Total value of 280.87216.
Item 1, Non-real estate debt value of 123.13331 which is 43.8% of 1970.
Item 2, Real estate debt value of 157.73888 which is 56.2% of 1970.
Group 2, 1971, Total value of 291.14346.
Item 1, Non-real estate debt value of 132.26726 which is 45.4% of 1971.
Item 2, Real estate debt value of 158.87619 which is 54.6% of 1971.
Group 3, 1972, Total value of 306.93478.
Item 1, Non-real estate debt value of 141.1594 which is 46.0% of 1972.
Item 2, Real estate debt value of 165.77539 which is 54.0% of 1972.
Group 4, 1973, Total value of 334.4285.
Item 1, Non-real estate debt value of 158.17857 which is 47.3% of 1973.
Item 2, Real estate debt value of 176.24992 which is 52.7% of 1973.
Group 5, 1974, Total value of 343.22803.
Item 1, Non-real estate debt value of 161.37932 which is 47.0% of 1974.
Item 2, Real estate debt value of 181.8487 which is 53.0% of 1974.
Group 6, 1975, Total value of 351.19543.
Item 1, Non-real estate debt value of 167.19005 which is 47.6% of 1975.
Item 2, Real estate debt value of 184.00539 which is 52.4% of 1975.
Group 7, 1976, Total value of 375.25867.
Item 1, Non-real estate debt value of 181.98473 which is 48.5% of 1976.
Item 2, Real estate debt value of 193.27394 which is 51.5% of 1976.
Group 8, 1977, Total value of 406.86252.
Item 1, Non-real estate debt value of 197.30515 which is 48.5% of 1977.
Item 2, Real estate debt value of 209.55736 which is 51.5% of 1977.
Group 9, 1978, Total value of 434.3419.
Item 1, Non-real estate debt value of 211.93982 which is 48.8% of 1978.
Item 2, Real estate debt value of 222.40207 which is 51.2% of 1978.
Group 10, 1979, Total value of 477.67453.
Item 1, Non-real estate debt value of 232.30301 which is 48.6% of 1979.
Item 2, Real estate debt value of 245.37154 which is 51.4% of 1979.
Group 11, 1980, Total value of 482.26587.
Item 1, Non-real estate debt value of 229.0894 which is 47.5% of 1980.
Item 2, Real estate debt value of 253.17647 which is 52.5% of 1980.
Group 12, 1981, Total value of 482.04736.
Item 1, Non-real estate debt value of 227.29228 which is 47.2% of 1981.
Item 2, Real estate debt value of 254.75508 which is 52.8% of 1981.
Group 13, 1982, Total value of 470.01276.
Item 1, Non-real estate debt value of 222.77443 which is 47.4% of 1982.
Item 2, Real estate debt value of 247.23833 which is 52.6% of 1982.
Group 14, 1983, Total value of 457.7888.
Item 1, Non-real estate debt value of 216.64359 which is 47.3% of 1983.
Item 2, Real estate debt value of 241.14519 which is 52.7% of 1983.
Group 15, 1984, Total value of 448.08328.
Item 1, Non-real estate debt value of 207.46126 which is 46.3% of 1984.
Item 2, Real estate debt value of 240.62204 which is 53.7% of 1984.
Group 16, 1985, Total value of 396.02158.
Item 1, Non-real estate debt value of 179.57848 which is 45.3% of 1985.
Item 2, Real estate debt value of 216.4431 which is 54.7% of 1985.
Group 17, 1986, Total value of 341.1522.
Item 1, Non-real estate debt value of 151.56061 which is 44.4% of 1986.
Item 2, Real estate debt value of 189.59158 which is 55.6% of 1986.
Group 18, 1987, Total value of 304.80713.
Item 1, Non-real estate debt value of 137.97571 which is 45.3% of 1987.
Item 2, Real estate debt value of 166.8314 which is 54.7% of 1987.
Group 19, 1988, Total value of 282.99008.
Item 1, Non-real estate debt value of 132.43974 which is 46.8% of 1988.
Item 2, Real estate debt value of 150.55035 which is 53.2% of 1988.
Group 20, 1989, Total value of 268.00516.
Item 1, Non-real estate debt value of 127.36287 which is 47.5% of 1989.
Item 2, Real estate debt value of 140.64229 which is 52.5% of 1989.
Group 21, 1990, Total value of 258.4683.
Item 1, Non-real estate debt value of 125.143555 which is 48.4% of 1990.
Item 2, Real estate debt value of 133.32474 which is 51.6% of 1990.
Group 22, 1991, Total value of 251.49763.
Item 1, Non-real estate debt value of 122.862404 which is 48.9% of 1991.
Item 2, Real estate debt value of 128.63522 which is 51.1% of 1991.
Group 23, 1992, Total value of 245.31673.
Item 1, Non-real estate debt value of 118.749374 which is 48.4% of 1992.
Item 2, Real estate debt value of 126.56735 which is 51.6% of 1992.
Group 24, 1993, Total value of 244.62987.
Item 1, Non-real estate debt value of 119.98916 which is 49.0% of 1993.
Item 2, Real estate debt value of 124.6407 which is 51.0% of 1993.
Group 25, 1994, Total value of 247.7602.
Item 1, Non-real estate debt value of 123.08236 which is 49.7% of 1994.
Item 2, Real estate debt value of 124.67784 which is 50.3% of 1994.
Group 26, 1995, Total value of 249.75154.
Item 1, Non-real estate debt value of 124.473495 which is 49.8% of 1995.
Item 2, Real estate debt value of 125.27805 which is 50.2% of 1995.
Group 27, 1996, Total value of 254.85052.
Item 1, Non-real estate debt value of 127.19222 which is 49.9% of 1996.
Item 2, Real estate debt value of 127.6583 which is 50.1% of 1996.
Group 28, 1997, Total value of 264.5636.
Item 1, Non-real estate debt value of 132.18086 which is 50.0% of 1997.
Item 2, Real estate debt value of 132.38274 which is 50.0% of 1997.
Group 29, 1998, Total value of 274.55566.
Item 1, Non-real estate debt value of 135.96513 which is 49.5% of 1998.
Item 2, Real estate debt value of 138.59052 which is 50.5% of 1998.
Group 30, 1999, Total value of 275.8115.
Item 1, Non-real estate debt value of 132.38278 which is 48.0% of 1999.
Item 2, Real estate debt value of 143.42871 which is 52.0% of 1999.
Group 31, 2000, Total value of 263.5909.
Item 1, Non-real estate debt value of 127.35936 which is 48.3% of 2000.
Item 2, Real estate debt value of 136.23155 which is 51.7% of 2000.
Group 32, 2001, Total value of 268.2391.
Item 1, Non-real estate debt value of 129.07619 which is 48.1% of 2001.
Item 2, Real estate debt value of 139.16292 which is 51.9% of 2001.
Group 33, 2002, Total value of 289.60825.
Item 1, Non-real estate debt value of 137.67549 which is 47.5% of 2002.
Item 2, Real estate debt value of 151.93277 which is 52.5% of 2002.
Group 34, 2003, Total value of 274.9168.
Item 1, Non-real estate debt value of 127.062004 which is 46.2% of 2003.
Item 2, Real estate debt value of 147.85478 which is 53.8% of 2003.
Group 35, 2004, Total value of 292.132.
Item 1, Non-real estate debt value of 138.12144 which is 47.3% of 2004.
Item 2, Real estate debt value of 154.01054 which is 52.7% of 2004.
Group 36, 2005, Total value of 299.7769.
Item 1, Non-real estate debt value of 136.48277 which is 45.5% of 2005.
Item 2, Real estate debt value of 163.29411 which is 54.5% of 2005.
Group 37, 2006, Total value of 299.92477.
Item 1, Non-real estate debt value of 142.28226 which is 47.4% of 2006.
Item 2, Real estate debt value of 157.64253 which is 52.6% of 2006.
Group 38, 2007, Total value of 325.9399.
Item 1, Non-real estate debt value of 147.61235 which is 45.3% of 2007.
Item 2, Real estate debt value of 178.32756 which is 54.7% of 2007.
Group 39, 2008, Total value of 346.93234.
Item 1, Non-real estate debt value of 150.38242 which is 43.3% of 2008.
Item 2, Real estate debt value of 196.54993 which is 56.7% of 2008.
Group 40, 2009, Total value of 354.2763.
Item 1, Non-real estate debt value of 161.55089 which is 45.6% of 2009.
Item 2, Real estate debt value of 192.7254 which is 54.4% of 2009.
Group 41, 2010, Total value of 363.86356.
Item 1, Non-real estate debt value of 162.88622 which is 44.8% of 2010.
Item 2, Real estate debt value of 200.97736 which is 55.2% of 2010.
Group 42, 2011, Total value of 376.33664.
Item 1, Non-real estate debt value of 162.66612 which is 43.2% of 2011.
Item 2, Real estate debt value of 213.67052 which is 56.8% of 2011.
Group 43, 2012, Total value of 373.22635.
Item 1, Non-real estate debt value of 155.7435 which is 41.7% of 2012.
Item 2, Real estate debt value of 217.48286 which is 58.3% of 2012.
Group 44, 2013, Total value of 388.69473.
Item 1, Non-real estate debt value of 160.45653 which is 41.3% of 2013.
Item 2, Real estate debt value of 228.2382 which is 58.7% of 2013.
Group 45, 2014, Total value of 417.7423.
Item 1, Non-real estate debt value of 179.61049 which is 43.0% of 2014.
Item 2, Real estate debt value of 238.1318 which is 57.0% of 2014.
Group 46, 2015, Total value of 427.5794.
Item 1, Non-real estate debt value of 177.35257 which is 41.5% of 2015.
Item 2, Real estate debt value of 250.22682 which is 58.5% of 2015.
Group 47, 2016, Total value of 444.04858.
Item 1, Non-real estate debt value of 175.86075 which is 39.6% of 2016.
Item 2, Real estate debt value of 268.18784 which is 60.4% of 2016.
Group 48, 2017, Total value of 454.5801.
Item 1, Non-real estate debt value of 179.51747 which is 39.5% of 2017.
Item 2, Real estate debt value of 275.06265 which is 60.5% of 2017.
Group 49, 2018, Total value of 457.78195.
Item 1, Non-real estate debt value of 178.32555 which is 39.0% of 2018.
Item 2, Real estate debt value of 279.45642 which is 61.0% of 2018.
Group 50, 2019, Total value of 469.8056.
Item 1, Non-real estate debt value of 170.44058 which is 36.3% of 2019.
Item 2, Real estate debt value of 299.36502 which is 63.7% of 2019.
Group 51, 2020, Total value of 486.66446.
Item 1, Non-real estate debt value of 168.31383 which is 34.6% of 2020.
Item 2, Real estate debt value of 318.35062 which is 65.4% of 2020.
Group 52, 2021, Total value of 501.94885.
Item 1, Non-real estate debt value of 158.65598 which is 31.6% of 2021.
Item 2, Real estate debt value of 343.29288 which is 68.4% of 2021.
Group 53, 2022F, Total value of 496.02533.
Item 1, Non-real estate debt value of 154.11113 which is 31.1% of 2022F.
Item 2, Real estate debt value of 341.9142 which is 68.9% of 2022F.

Note: F = forecast. 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 September 1, 2022.