In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars.

U.S. Government budget

The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctuated since 2016, and is expected to decrease slightly by 2026.

Military spending

Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. It is expected to continue to increase over the next several years. The United States currently has the largest defense budget in the world, and is the largest employer in the world. The military budget funds the Army, Marine Corps, Navy, and Air Force. The amount of funding that goes towards the Department of Defense is heavily criticized by Democrats in the United States, because they believe that the funding should be more evenly distributed towards other social welfare programs such as public health insurance and education.

Graph and download economic data for Federal Surplus or Deficit - from Oct 1980 to Aug 2025 about budget, federal, and USA.

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.

The United States recorded a government budget surplus of 197950 USD Million in September of 2025. This dataset provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 the second quarter of 2025, the U.S. government's budget balance amounted to a net borrowing of about 2.11 trillion U.S. dollars. This is compared to the first quarter of 2009, when the U.S. government borrowed about 1.79 trillion U.S. dollars.

Argentina recorded a Government Budget deficit equal to 4.37 percent of the country's Gross Domestic Product in 2023. This dataset provides - Argentina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table shows the net transactions for the current month, and the current and prior fiscal year-to-date, as well as account balances for the beginning of the current fiscal year and current accounting month and the close of the current accounting month. This activity is related to the means used to finance the budget deficit or to dispose of a budget surplus. An asset account would represent an asset to the United States Government, for example United States Treasury Operating Cash. A liability account would represent a liability to the United States Government, for example Borrowing from the Public. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

This statistic shows the actual and forecasted current budget deficit in the United Kingdom (UK) from 2017/18 to 2023/24. The current budget deficit is forecasted to reach -1.3 percent during 2023/24.

United States - Federal government budget surplus or deficit (-) was -1694.32800 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Federal government budget surplus or deficit (-) reached a record high of 236.23900 in January of 2000 and a record low of -3132.61100 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal government budget surplus or deficit (-) - last updated from the United States Federal Reserve on September of 2025.

Brazil recorded a Government Budget deficit equal to 8.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - Brazil Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This summary table shows, for Budget Receipts, the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for various types of receipts (i.e. individual income tax, corporate income tax, etc.). The Budget Outlays section of the table shows the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for functions of the federal government. The table also shows the amounts for the budget/surplus deficit categorized as listed above. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

Mexico recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Mexico Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the actual and forecasted current budget deficit in the United Kingdom (UK) from 2017/18 to 2023/24, as percentage of gross domestic product (GDP). The current budget is forecasted to reach -1.4 by 2023/24.

United States - Federal government budget surplus or deficit (-) was -508.44400 Bil. of $ in October of 2023, according to the United States Federal Reserve. Historically, United States - Federal government budget surplus or deficit (-) reached a record high of 211.24100 in April of 2000 and a record low of -1997.87800 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal government budget surplus or deficit (-) - last updated from the United States Federal Reserve on October of 2025.

Graph and download economic data for Federal government budget surplus or deficit (-) (M318501A027NBEA) from 1952 to 2023 about budget, federal, government, GDP, and USA.

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.

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.

United States Federal Government Surplus or Deficit: Off Budget data was reported at -12.284 USD bn in Oct 2018. This records a decrease from the previous number of 18.020 USD bn for Sep 2018. United States Federal Government Surplus or Deficit: Off Budget data is updated monthly, averaging 2.780 USD bn from Oct 1984 (Median) to Oct 2018, with 409 observations. The data reached an all-time high of 63.168 USD bn in Jun 2008 and a record low of -38.457 USD bn in Aug 2012. United States Federal Government Surplus or Deficit: Off Budget data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F001: Federal Government Receipts & Outlays.

France recorded a government budget deficit of 157.50 EUR Billion in August of 2025. This dataset provides the latest reported value for - France Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.