Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

In 2024, the budget balance in relation to the gross domestic product (GDP) in the United States amounted to -8.03 percent. Between 2001 and 2024, the figure dropped by 7.49 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the budget balance will rise by 0.44 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

The U.S. budget deficit amounted to roughly 1.8 trillion U.S. dollars in 2024, which was around 6.4 percent of the U.S. GDP. The GDP of the United States since 1990 can be accessed here.

Key information about US Consolidated Fiscal Balance: % of GDP

• United States Consolidated Fiscal Balance recorded a deficit equal to 6.3 % of its Nominal GDP in Jun 2025, compared with a deficit equal to 7.0 % in the previous quarter
• US Consolidated Fiscal Balance to GDP data is updated quarterly, available from Sep 1981 to Jun 2025, with an average ratio of -2.8 %
• The data reached an all-time high of 2.5 % in Dec 2000 and a record low of -19.0 % in Mar 2021

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Bureau of the Fiscal Service provides Consolidated Fiscal Balance in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Consolidated Fiscal Balance covers Central Government only.


Further information about US Consolidated Fiscal Balance: % of GDP

• In the latest reports, US National Government Debt reached 38,040.1 USD bn in Oct 2025
• US Nominal GDP reached 7,621.4 USD bn in Jun 2025

The budget balance in relation to the gross domestic product (GDP) in Japan was estimated at -1.53 percent in 2024. Between 1980 and 2024, the budget balance rose by 2.89 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by 2.87 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

In 2024, the budget balance in relation to the gross domestic product (GDP) in France was -5.77 percent. Between 1980 and 2024, the figure dropped by 6.53 percentage points, though the decline followed an uneven course rather than a steady trajectory. The budget balance is forecast to decline by 0.57 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

The United States recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Brazil Consolidated Fiscal Balance: % of GDP

• Brazil Consolidated Fiscal Balance recorded a deficit equal to 6.9 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 6.0 % in the previous quarter
• Brazil Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1997 to Sep 2025, with an average ratio of -2.2 %
• The data reached an all-time high of 0.3 % in Dec 1997 and a record low of -12.7 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and monthly Nominal GDP. The Central Bank of Brazil provides Consolidated Fiscal Balance and Nominal GDP in local currency based on SNA 2008. Consolidated Fiscal Balance covers Central Government only. Consolidated Fiscal Balance prior Q1 2006 is based on SNA 1993.


Further information about Brazil Consolidated Fiscal Balance: % of GDP

• In the latest reports, Brazil National Government Debt reached 1,830.0 USD bn in Oct 2025
• Brazil Nominal GDP reached 587.7 USD bn in Sep 2025

In 2024, the budget balance in relation to the gross domestic product (GDP) in the United Kingdom amounted to -5.75 percent. Between 1980 and 2024, the figure dropped by 2.91 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the budget balance will steadily grow by 3.51 percentage points from 2024 to 2030.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Key information about Hong Kong SAR (China) Consolidated Fiscal Balance: % of GDP

• Hong Kong SAR (China) Consolidated Fiscal Balance registered a surplus equal to 1.3 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 1.7 % in the previous quarter
• Hong Kong SAR (China) Consolidated Fiscal Balance to GDP data is updated quarterly, available from Mar 1997 to Sep 2025, with an average ratio of 4.1 %
• The data reached an all-time high of 8.4 % in Dec 2007 and a record low of -8.6 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Treasury provides Consolidated Fiscal Balance in local currency. Census and Statistics Department provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q2 2015 is calculated from quarterly Consolidated Fiscal Balance.


Further information about Hong Kong SAR (China) Consolidated Fiscal Balance: % of GDP

• In the latest reports, Hong Kong SAR (China) National Government Debt reached 190.1 USD bn in Mar 2024
• Hong Kong SAR (China) Nominal GDP reached 109.2 USD bn in Sep 2025

Key information about Turkey Consolidated Fiscal Balance: % of GDP

• Turkey Consolidated Fiscal Balance recorded a deficit equal to 4.2 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 4.9 % in the previous quarter
• Turkey Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2006 to Sep 2025, with an average ratio of -0.9 %
• The data reached an all-time high of -0.6 % in Sep 2008 and a record low of -5.5 % in Mar 2024

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. Republic of Turkey, Ministry of Treasury and Finance provides year-to-date Consolidated Fiscal Balance in local currency. Turkish Statistical Institute provides Nominal GDP in local currency.


Further information about Turkey Consolidated Fiscal Balance: % of GDP

• In the latest reports, Turkey National Government Debt reached 298.4 USD bn in Dec 2024
• Turkey Nominal GDP reached 427.9 USD bn in Sep 2025

Japan recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2022. This dataset provides - Japan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

France recorded a Government Budget deficit equal to 5.80 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - France Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Argentina recorded a Government Budget deficit equal to 0.27 percent of the country's Gross Domestic Product in 2024. This dataset provides - Argentina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the budget balance in relation to the gross domestic product (GDP) in Brazil was -6.19 percent. Between 2001 and 2024, the figure dropped by 2.72 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the budget balance will rise by 1.56 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Key information about Indonesia Consolidated Fiscal Balance: % of GDP

• Indonesia Consolidated Fiscal Balance recorded a deficit equal to 2.3 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 3.0 % in the previous quarter
• Indonesia Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2014 to Dec 2024, with an average ratio of -2.3 %
• The data reached an all-time high of -1.4 % in Sep 2022 and a record low of -6.6 % in Mar 2021

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Directorate General of Treasury provides year-to-date Consolidated Fiscal Balance in local currency. Statistics Indonesia provides Nominal GDP in local currency.


Further information about Indonesia Consolidated Fiscal Balance: % of GDP

• In the latest reports, Indonesia National Government Debt reached 547.2 USD bn in Nov 2024
• Indonesia Nominal GDP reached 332.8 USD bn in Mar 2023

India recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - India Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Overview with Chart & Report: Government Deficit GDP Ratio reflects a percentage difference between Italy's revenues and total expenditures in relation to the national GDP. A positive value indicates a budget deficit, which may

The United Kingdom recorded a Government Budget deficit equal to 5.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - United Kingdom Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2025 about budget, federal, and USA.