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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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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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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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Government spending in Denmark was last recorded at 46.8 percent of GDP in 2023 . This dataset provides the latest reported value for - Denmark Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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 spending in South Korea was last recorded at 37.8 percent of GDP in 2021 . This dataset provides - South Korea Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Government spending in Japan was last recorded at 41.2 percent of GDP in 2023 . This dataset provides - Japan Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Government spending in Poland was last recorded at 47.0 percent of GDP in 2023 . This dataset provides the latest reported value for - Poland 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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Government spending in Israel was last recorded at 41.5 percent of GDP in 2023 . This dataset provides - Israel Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The ratio of government expenditure to GDP in Singapore was forecast to continuously increase between 2024 and 2029 by in total 2.4 percentage points. The ratio is estimated to amount to 16.33 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 Brunei, Thailand, and Timor-Leste.
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Government spending in Spain was last recorded at 45.4 percent of GDP in 2023 . This dataset provides the latest reported value for - Spain 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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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.
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Government spending in Austria was last recorded at 52.7 percent of GDP in 2023 . This dataset provides the latest reported value for - Austria 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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Government spending in Albania was last recorded at 29.2 percent of GDP in 2023 . This dataset provides - Albania Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Government spending in Czech Republic was last recorded at 43.9 percent of GDP in 2023 . This dataset provides the latest reported value for - Czech Republic 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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Government spending in Azerbaijan was last recorded at 29.6 percent of GDP in 2023 . This dataset provides - Azerbaijan Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Government Current Expenditures (GEXPND) from Q1 1947 to Q4 2024 about expenditures, government, GDP, and USA.
The ratio of government expenditure to GDP in Indonesia 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 2026. According to this forecast, in 2029, the ratio will have decreased for the third consecutive year to 16.78 percent. 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 Brunei, Philippines, and Singapore.
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Government spending in Armenia was last recorded at 26.9 percent of GDP in 2023 . This dataset provides - Armenia Government Spending To GDP- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.