The Federal Reserve (Fed) experienced an unprecedented shift in its financial performance, with its net income plummeting from 58.84 billion U.S. dollars in 2022 to negative 114.3 billion U.S. dollars in 2023 - an exceptionally sharp decrease. This negative net income in 2023 marked the lowest point in the observed period. As the majority of the Fed's net income is typically remitted to the U.S. Treasury, these earnings remittances also saw a significant decline in 2023. This drastic decline in net income occurred because of the rapidly rising interest rates in 2023.
Net income of the Federal Reserve from 2013 to 2023
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Federal Reserve. (March 25, 2024). Net income of the Federal Reserve from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1386660/federal-reserve-net-income/
Federal Reserve. "Net income of the Federal Reserve from 2013 to 2023 (in billion U.S. dollars)." Chart. March 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1386660/federal-reserve-net-income/
Federal Reserve. (2024). Net income of the Federal Reserve from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1386660/federal-reserve-net-income/
Federal Reserve. "Net Income of The Federal Reserve from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1386660/federal-reserve-net-income/
Federal Reserve, Net income of the Federal Reserve from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1386660/federal-reserve-net-income/ (last visited November 21, 2024)
Net income of the Federal Reserve from 2013 to 2023 (in billion U.S. dollars) [Graph], Federal Reserve, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1386660/federal-reserve-net-income/
