<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000702331
<NAME> WADDELL & REED ADVISORS GOVERNMENT SECURITIES FUND, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 118,912
<INVESTMENTS-AT-VALUE> 117,934
<RECEIVABLES> 1,499
<ASSETS-OTHER> 30
<OTHER-ITEMS-ASSETS> 32
<TOTAL-ASSETS> 119,495
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (428)
<TOTAL-LIABILITIES> (428)
<SENIOR-EQUITY> 226
<PAID-IN-CAPITAL-COMMON> 122,204
<SHARES-COMMON-STOCK> 22,588
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,385)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (978)
<NET-ASSETS> 119,067
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,094
<OTHER-INCOME> 0
<EXPENSES-NET> (658)
<NET-INVESTMENT-INCOME> 3,436
<REALIZED-GAINS-CURRENT> (102)
<APPREC-INCREASE-CURRENT> 1,220
<NET-CHANGE-FROM-OPS> 4,554
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,436)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,950
<NUMBER-OF-SHARES-REDEEMED> (2,914)
<SHARES-REINVESTED> 605
<NET-CHANGE-IN-ASSETS> (725)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 294
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 658
<AVERAGE-NET-ASSETS> 117,201
<PER-SHARE-NAV-BEGIN> 5.22
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> .05
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.27
<EXPENSE-RATIO> 1.12
</TABLE>
