U.S. farm sector debt, inflation adjusted, 1970–2024F

Billion 2024 dollars

Bar chart with 55 groups and 2 items per group.

Group 1, 1970.
Item 1, Real estate debt 169.00383.
Item 2, Non-real estate debt 131.92691.
Group 2, 1971.
Item 1, Real estate debt 170.20842.
Item 2, Non-real estate debt 141.70154.
Group 3, 1972.
Item 1, Real estate debt 177.60712.
Item 2, Non-real estate debt 151.23422.
Group 4, 1973.
Item 1, Real estate debt 188.81894.
Item 2, Non-real estate debt 169.45886.
Group 5, 1974.
Item 1, Real estate debt 194.81487.
Item 2, Non-real estate debt 172.88597.
Group 6, 1975.
Item 1, Real estate debt 197.13857.
Item 2, Non-real estate debt 179.12305.
Group 7, 1976.
Item 1, Real estate debt 207.058.
Item 2, Non-real estate debt 194.96365.
Group 8, 1977.
Item 1, Real estate debt 224.50528.
Item 2, Non-real estate debt 211.3791.
Group 9, 1978.
Item 1, Real estate debt 238.26823.
Item 2, Non-real estate debt 227.05962.
Group 10, 1979.
Item 1, Real estate debt 262.87192.
Item 2, Non-real estate debt 248.87132.
Group 11, 1980.
Item 1, Real estate debt 271.23117.
Item 2, Non-real estate debt 245.42639.
Group 12, 1981.
Item 1, Real estate debt 272.93283.
Item 2, Non-real estate debt 243.51045.
Group 13, 1982.
Item 1, Real estate debt 264.8813.
Item 2, Non-real estate debt 238.67165.
Group 14, 1983.
Item 1, Real estate debt 258.34082.
Item 2, Non-real estate debt 232.09204.
Group 15, 1984.
Item 1, Real estate debt 257.7818.
Item 2, Non-real estate debt 222.25618.
Group 16, 1985.
Item 1, Real estate debt 231.88008.
Item 2, Non-real estate debt 192.38623.
Group 17, 1986.
Item 1, Real estate debt 203.1152.
Item 2, Non-real estate debt 162.37146.
Group 18, 1987.
Item 1, Real estate debt 178.72096.
Item 2, Non-real estate debt 147.8088.
Group 19, 1988.
Item 1, Real estate debt 161.28386.
Item 2, Non-real estate debt 141.88206.
Group 20, 1989.
Item 1, Real estate debt 150.66704.
Item 2, Non-real estate debt 136.44109.
Group 21, 1990.
Item 1, Real estate debt 142.82722.
Item 2, Non-real estate debt 134.06294.
Group 22, 1991.
Item 1, Real estate debt 137.80186.
Item 2, Non-real estate debt 131.61768.
Group 23, 1992.
Item 1, Real estate debt 135.58783.
Item 2, Non-real estate debt 127.21266.
Group 24, 1993.
Item 1, Real estate debt 133.52467.
Item 2, Non-real estate debt 128.5416.
Group 25, 1994.
Item 1, Real estate debt 133.56485.
Item 2, Non-real estate debt 131.85565.
Group 26, 1995.
Item 1, Real estate debt 134.20706.
Item 2, Non-real estate debt 133.34515.
Group 27, 1996.
Item 1, Real estate debt 136.75781.
Item 2, Non-real estate debt 136.25851.
Group 28, 1997.
Item 1, Real estate debt 141.82106.
Item 2, Non-real estate debt 141.60478.
Group 29, 1998.
Item 1, Real estate debt 148.46756.
Item 2, Non-real estate debt 145.65506.
Group 30, 1999.
Item 1, Real estate debt 153.65086.
Item 2, Non-real estate debt 141.8177.
Group 31, 2000.
Item 1, Real estate debt 145.93958.
Item 2, Non-real estate debt 136.43515.
Group 32, 2001.
Item 1, Real estate debt 149.07903.
Item 2, Non-real estate debt 138.27356.
Group 33, 2002.
Item 1, Real estate debt 162.7653.
Item 2, Non-real estate debt 147.4915.
Group 34, 2003.
Item 1, Real estate debt 158.39386.
Item 2, Non-real estate debt 136.11897.
Group 35, 2004.
Item 1, Real estate debt 164.99074.
Item 2, Non-real estate debt 147.96883.
Group 36, 2005.
Item 1, Real estate debt 174.93504.
Item 2, Non-real estate debt 146.21239.
Group 37, 2006.
Item 1, Real estate debt 168.87958.
Item 2, Non-real estate debt 152.42438.
Group 38, 2007.
Item 1, Real estate debt 191.03218.
Item 2, Non-real estate debt 158.12871.
Group 39, 2008.
Item 1, Real estate debt 210.55443.
Item 2, Non-real estate debt 161.0974.
Group 40, 2009.
Item 1, Real estate debt 206.45451.
Item 2, Non-real estate debt 173.05923.
Group 41, 2010.
Item 1, Real estate debt 215.31021.
Item 2, Non-real estate debt 174.50256.
Group 42, 2011.
Item 1, Real estate debt 228.93437.
Item 2, Non-real estate debt 174.2864.
Group 43, 2012.
Item 1, Real estate debt 233.0349.
Item 2, Non-real estate debt 166.8806.
Group 44, 2013.
Item 1, Real estate debt 244.6592.
Item 2, Non-real estate debt 172.00084.
Group 45, 2014.
Item 1, Real estate debt 255.56537.
Item 2, Non-real estate debt 192.75972.
Group 46, 2015.
Item 1, Real estate debt 268.79007.
Item 2, Non-real estate debt 190.50958.
Group 47, 2016.
Item 1, Real estate debt 288.19257.
Item 2, Non-real estate debt 188.97859.
Group 48, 2017.
Item 1, Real estate debt 295.8808.
Item 2, Non-real estate debt 193.10426.
Group 49, 2018.
Item 1, Real estate debt 300.92386.
Item 2, Non-real estate debt 192.02425.
Group 50, 2019.
Item 1, Real estate debt 322.73425.
Item 2, Non-real estate debt 183.74564.
Group 51, 2020.
Item 1, Real estate debt 343.05362.
Item 2, Non-real estate debt 181.37445.
Group 52, 2021.
Item 1, Real estate debt 368.83307.
Item 2, Non-real estate debt 170.35953.
Group 53, 2022.
Item 1, Real estate debt 354.80142.
Item 2, Non-real estate debt 171.63565.
Group 54, 2023.
Item 1, Real estate debt 352.93155.
Item 2, Non-real estate debt 178.6332.
Group 55, 2024F.
Item 1, Real estate debt 360.0616.
Item 2, Non-real estate debt 182.39981.

Note: F = forecast. Values are adjusted for inflation using the U.S. Department of Commerce, Bureau of Economic Analysis, Gross Domestic Product Price Index (BEA API series code: A191RG) rebased to 2024 by USDA, Economic Research Service.

Source: USDA, Economic Research Service, Farm Income and Wealth Statistics. Data as of December 3, 2024.