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Government spending in the United States was last recorded at 34.4 percent of GDP in 2023 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The ratio of government expenditure to GDP in the United States was forecast to decrease between 2024 and 2029 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have decreased for the third consecutive year to 37.08 percent. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more statistics on other topics about the United States with key insights such as the annual change in imports of trade goods and services, the number of employed people, and ratio of the national debt to the gross domestic product.
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Graph and download economic data for Federal Outlays: Interest as Percent of Gross Domestic Product (FYOIGDA188S) from 1940 to 2024 about outlays, federal, percent, interest, GDP, and USA.
The ratio of government expenditure to GDP in Sweden was forecast to decrease between 2024 and 2029 by in total 1.6 percentage points. This overall decrease does not happen continuously, notably not in 2027. The ratio is estimated to amount to 46.66 percent in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Norway, Denmark, and Iceland.
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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 ratio of government expenditure to GDP in Argentina was forecast to increase between 2024 and 2029 by in total 0.9 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027 and 2028. The ratio is estimated to amount to 32.95 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Paraguay, Chile, and Uruguay.
The ratio of government expenditure to GDP in Australia was forecast to decrease between 2024 and 2029 by in total 0.8 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The ratio is estimated to amount to 37.17 percent in 2029. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Vanuatu, Kiribati, and New Zealand.
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Ireland: Government spending as percent of GDP: The latest value from 2023 is 12.3 percent, an increase from 11.38 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Ireland from 1970 to 2023 is 17.17 percent. The minimum value, 11.38 percent, was reached in 2022 while the maximum of 22.14 percent was recorded in 1981.
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Government spending In the Euro Area was last recorded at 49.5 percent of GDP in 2023 . This dataset provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q4 2024 about expenditures, federal, government, GDP, and USA.
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Turkey: Government spending as percent of GDP: The latest value from 2023 is 13.62 percent, an increase from 11.65 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Turkey from 1960 to 2023 is 11.63 percent. The minimum value, 7.52 percent, was reached in 1985 while the maximum of 15.66 percent was recorded in 2009.
The ratio of government expenditure to GDP in France was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2027. The ratio is estimated to amount to 57.02 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Belgium, Netherlands, and Luxembourg.
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The average for 2023 based on 35 countries was 19.55 percent. The highest value was in Sweden: 25.68 percent and the lowest value was in Mexico: 11.01 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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The United States recorded a Government Debt to GDP of 122.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This dataset provides values for GOVERNMENT SPENDING TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) from 1939 to 2023 about gross, debt, federal, GDP, and USA.
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Graph and download economic data for Federal Debt Held by the Public as Percent of Gross Domestic Product (FYGFGDQ188S) from Q1 1970 to Q4 2024 about public, debt, federal, GDP, and USA.
Between 2010 and 2024, France constantly had the highest total government expenditure of the G7 countries in terms of share of gross domestic product (GDP). In 2024, its total expenditure was estimated to amount to 57 percent of its GDP. On the other hand, the United States had the lowest government expenditure that year at 38 percent of its GDP. Government spending increased in all G7 countries in 2020 to stem the effects of the COVID-19 pandemic.
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Government expenditure on education, total (% of GDP) in Japan was reported at 3.2376 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Public spending on education, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
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Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q4 2024 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.
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Government spending in the United States was last recorded at 34.4 percent of GDP in 2023 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.