Government Automated Clearinghouse Transactions Processed by the Federal Reserve The daily average volume and average daily value of items are based on the number of business days in each year.1 Average Average daily daily Average Volume Volume Value Value volume value value per (millions percent (billions percent (millions (billions transaction Year of items) change of dollars change of items) of dollars) (dollars) 2023 1,708 3.8 8,001 1.4 6.8 32.0 4,683 2022 1,646 -16.0 7,891 -2.8 6.6 31.6 4,795 2021 1,959 4.3 8,119 18.5 7.8 32.2 4,144 2020 1,878 10.2 6,853 18.4 7.3 26.8 3,648 2019 1,704 2.2 5,787 4.9 6.8 23.1 3,396 2018 1,668 2.4 5,515 2.7 6.6 22.0 3,306 2017 1,629 2.2 5,371 3.4 6.5 21.5 3,296 2016 1,594 2.4 5,193 2.7 6.4 20.7 3257 2015 1,558 2.7 5,054 3.7 6.2 20.1 3,245 2014 1,516 3.4 4,873 3.4 6.0 19.4 3,214 2013 1,467 6.2 4,714 2.3 5.8 18.8 3,214 2012 1,382 5.9 4,610 1.7 5.5 18.4 3,336 2011 1,305 6.8 4,535 2.4 5.2 18.1 3,476 2010 1,222 2.3 4,427 3.0 4.8 17.6 3,623 2009 1,195 5.5 4,297 7.2 4.7 17.1 3,597 2008 1,132 10.2 4,008 7.8 4.5 15.9 3,539 2007 1,027 3.6 3,717 7.0 4.1 14.8 3,618 2006 992 2.8 3,474 10.1 4.0 13.8 3,504 2005 964 2.5 3,157 8.4 3.8 12.6 3,273 2004 941 3.0 2,913 3.7 3.7 11.5 3,096 2003 914 3.5 2,810 3.6 3.6 11.2 3,075 2002 883 -1.9 2,711 7.2 3.5 10.8 3,070 2001 900 7.3 2,529 5.2 3.6 10.1 2,808 2000 839 3.5 2,404 7.7 3.3 9.5 2,869 1999 809 7.4 2,233 12.3 3.2 8.9 2,760 1998 753 11.2 1,988 25.7 3.0 7.9 2,640 1997 677 8.3 1,581 26.5 2.7 6.3 2,335 1996 625 4.3 1,250 11.9 2.5 5.0 2,000 1995 599 4.4 1,117 17.7 2.4 4.5 1,865 1994 574 3.4 949 7.2 2.3 3.8 1,653 1993 555 4.5 885 2.9 2.2 3.5 1,595 1992 531 1.9 860 18.9 2.1 3.4 1,620 1991 521 0.2 723 48.5 2.1 2.9 1,388 1990 520 17.9 487 24.6 2.1 1.9 937 1989 441 8.4 391 n.a. 1.8 1.6 887 1Values are subject to minor changes based on revisions to underlying data. n.a. Not available.