With over 161 billion U.S. dollars, the Federal Reserve Bank of New York reported the highest interest expense among the Federal Reserve Banks in 2023. It was followed by the Federal Reserve Banks of Richmond and San Francisco, with 29.5 billion and 27 billion U.S. dollars, respectively. The total net interest expense of the Federal Reserve amounted to approximately 281 billion U.S. dollars at the end of 2023, representing a significant increase from the previous year due to sharply rising interest rates throughout the year.
Total interest expense of the Federal Reserve in 2023, by bank
(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.
Statista. (September 12, 2024). Total interest expense of the Federal Reserve in 2023, by bank (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. "Total interest expense of the Federal Reserve in 2023, by bank (in billion U.S. dollars)." Chart. September 12, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. (2024). Total interest expense of the Federal Reserve in 2023, by bank (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. "Total Interest Expense of The Federal Reserve in 2023, by Bank (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista, Total interest expense of the Federal Reserve in 2023, by bank (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/ (last visited December 03, 2024)
Total interest expense of the Federal Reserve in 2023, by bank (in billion U.S. dollars) [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
