Annual government expenditure in the United States added up to about 10.07 trillion U.S. dollars in the second quarter of 2024. This is compared to the first quarter of 2009, when this figure stood at 5.53 trillion U.S. dollars.

Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q4 2024 about expenditures, federal, government, GDP, and USA.

The total outlays of the United States government added up to about 6.13 trillion U.S. dollars in 2023. This is expected to increase to 6.94 trillion U.S. dollars in 2024, and increase to over eight trillion U.S. dollars by 2029.

Graph and download economic data for Government total expenditures (W068RCQ027SBEA) from Q1 1960 to Q4 2024 about expenditures, government, GDP, and USA.

In the fiscal year of 2025, the budget for the Department of Health and Human Services is expected to be about 1.83 trillion U.S. dollars. In comparison, the Small Business Administration is expected to have a budget of 1.46 billion U.S. dollars.

United States Federal Government

The federal government in the United States is comprised of three branches of the government: the legislative, executive, and judicial branches. The executive branch is the office of the President of the United States, the legislative branch is the United States Congress, and the judicial branch is the United States Supreme Court.The U.S. cabinet belongs to the executive branch of the government, which belongs to the president and vice president.

U.S. Department of Health and Human Services

The U.S. Department of Health and Human Services is the department of the federal government that provides health services to Americans. The Secretary of the department is Xavier Becerra, who was appointed by current president Joe Biden. Some of the Operating Divisions in this department include the Food and Drug Administration, the Center for Disease Control and Prevention, and the National Institutes of Health. The outlays for the Department of Health and Human Services have been steadily increasing since 2000. The agency that had the highest amount of spending in this department in 2020 was the Centers of Medicare and Medicaid Services.

Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q4 2024 about payments, expenditures, federal, government, interest, GDP, and USA.

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.

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.

Government Spending in Japan increased to 119943.10 JPY Billion in the fourth quarter of 2024 from 119604.80 JPY Billion in the third quarter of 2024. This dataset provides - Japan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table shows the total receipts and outlays and the resulting surplus or deficit (shown on the table as excess) for the current month and the current fiscal year-to-date for all federal trust funds. The table also shows the totals for securities held as investments by the federal trust funds for the beginning of the fiscal year and the beginning and ending of the current accounting month. A trust fund is a type of account, designated by law, for receipts or offsetting receipts dedicated to specific purposes and the expenditure of these receipts. 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.

Get data on the daily cash and debt operations of the U.S. Treasury, including cash balance, deposits, and withdrawals; tax deposits and refunds; and debt transactions.

Government Spending in Germany increased to 208.83 EUR Billion in the fourth quarter of 2024 from 207.97 EUR Billion in the third quarter of 2024. This dataset provides - Germany Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table represents deposits and withdrawals from the Treasury General Account. A summary of changes to the Treasury General Account can be found in the Operating Cash Balance table. All figures are rounded to the nearest million.

Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q4 2024 about public, debt, federal, government, and USA.

In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.

U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.

International public debt

Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.

The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.

Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.

Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.

In 2023, the United States spent around 916.02 billion U.S. dollars on its military. U.S. military spending has been increasing in current dollar terms since 2016. Spending increased dramatically in 2022 after the Russian invasion of Ukraine. After the first year of the war, the U.S. had contributed more than 40 billion euros worth of military aid to Ukraine. What military spending entails Military spending in the United States is the part of the national outlays of the Department of Defense. While the department has over two trillion dollars in budgetary resources, its outlays - money actually paid out - are significantly lower. This budget is designated for the four branches of the United States military, and is used for everything from salaries, trainings, development of new military technologies, and new aircraft and weaponry. The high cost of U.S. spending The United States is well known for spending more on its military than any other country. In 2023, it was estimated that per capita defense spending amounted to 2,220 U.S. dollars. While this figure is extremely high, many Americans may find it worthwhile, as a majority believe the United States to be the number one military power in the world.

This table is a subsidiary table for Means of Financing the Deficit or Disposition of Surplus by the U.S. Government providing a detailed view of all direct and guaranteed loan financing for federal credit programs under the Credit Reform Act of 1990. Guaranteed loan financing is issuing any debt obligation with a guarantee, insurance, or other pledge that payment of all or a part of the principal or interest will be made to the lender. This table applies to lending to non-federal borrowers by non-federal lenders that carries some form of guarantee by the federal government. Exceptions include the insurance of deposits, shares, or other withdrawable accounts in financial institutions. 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.

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.

The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military. That constituted over 40 percent of the total military spending worldwide that year, which amounted to 2.4 trillion U.S. dollars. This amounted to 3.5 percent of the U.S. gross domestic product (GDP), placing the U.S. lower in the ranking of military expenditure as a percentage of GDP than for instance Saudi Arabia, Israel, Algeria, and Russia. China was the second largest military spender with an estimated 296 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.44 trillion U.S. dollars in 2023. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

Government Spending in Australia increased to 147679 AUD Million in the fourth quarter of 2024 from 146700 AUD Million in the third quarter of 2024. This dataset provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.