Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, Net, federal, GDP, and USA.

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.

The ratio of government expenditure to GDP in the United States stood at about 37.59 percent in 2024. From 2001 to 2024, the ratio rose by approximately 4.79 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.27 percentage points, showing an overall upward trend with periodic ups and downs.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.

Canada: Government spending as percent of GDP: The latest value from 2023 is 20.91 percent, an increase from 20.42 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 156 countries. Historically, the average for Canada from 1961 to 2023 is 20.59 percent. The minimum value, 15.96 percent, was reached in 1965 while the maximum of 24.44 percent was recorded in 1992.

Government spending in Australia was last recorded at 26.5 percent of GDP in 2024 . This dataset provides - Australia Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in France was last recorded at 57.3 percent of GDP in 2024 . This dataset provides the latest reported value for - France Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

India: Government spending as percent of GDP: The latest value from 2024 is 10.14 percent, a decline from 10.31 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for India from 1960 to 2024 is 10.14 percent. The minimum value, 6.57 percent, was reached in 1960 while the maximum of 12.18 percent was recorded in 1999.

The ratio of government expenditure to GDP in the United Kingdom was 44.04 percent in 2024. Between 1980 and 2024, the ratio rose by five percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by 1.25 percentage points from 2024 to 2030, fluctuating as it trends downward.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.

Government spending in the United Kingdom was last recorded at 44.0 percent of GDP in 2024 . This dataset provides the latest reported value for - United Kingdom Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Hong Kong: Government spending as percent of GDP: The latest value from 2024 is 12.84 percent, a decline from 13.31 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Hong Kong from 1960 to 2024 is 7.98 percent. The minimum value, 5.17 percent, was reached in 1965 while the maximum of 14.34 percent was recorded in 2022.

In 2024, the ratio of government expenditure to GDP in Sweden was estimated at approximately 49.30 percent. Between 1980 and 2024, the figure dropped by around 10.45 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 1.74 percentage points from 2024 to 2030, fluctuating as it trends downward.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.

Turkey: Government spending as percent of GDP: The latest value from 2024 is 14.74 percent, an increase from 13.1 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Turkey from 1960 to 2024 is 11.67 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 estimated at about 57.16 percent in 2024. From 1980 to 2024, the ratio rose by approximately 10.30 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.37 percentage points, showing an overall upward trend with periodic ups and downs.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.

Government spending in Germany was last recorded at 49.4 percent of GDP in 2024 . This dataset provides the latest reported value for - Germany Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government spending in Sweden was last recorded at 50.7 percent of GDP in 2024 . This dataset provides the latest reported value for - Sweden Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024/25, the UK government spent approximately 13.3 percent of GDP on social protection, compared with 8.4 percent for health, and 4.1 percent for education. These three spending areas have accounted for the highest share of government spending since the late 1980s. Defence spending as a share of GDP has, by contrast, fallen throughout this period, from a high of 4.6 percent in 1984/85, to just 1.8 percent in the mid-2010s. Main sources of revenue During this same time period, income tax has been the most important source of revenue for the government, accounting for almost ten percent of GDP in the 2022/23 financial year. The UK's main tax levied on sales, Value Added Tax (VAT), was equivalent to 7.4 percent of GDP that year, with National Insurance Contributions at around seven percent of GDP. Taxes raised from businesses via Corporation Tax were the fourth-major source of tax revenue that year, at approximately 3.1 percent of GDP. Debt and borrowing Due to several years of the government spending more than it earns, the government has had to borrow large amounts to finance its commitments. This was especially the case at the height of the COVID-19 pandemic when, due to depressed revenues and increased expenditure, the government borrowed more than 314 billion pounds. This increased the national debt from 1.8 trillion pounds, to around 2.15 trillion pounds, or almost 97 percent of GDP.

Government spending in Denmark was last recorded at 47.3 percent of GDP in 2024 . 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.

Ukraine: Government spending as percent of GDP: The latest value from 2024 is 37.92 percent, a decline from 41.86 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Ukraine from 1989 to 2024 is 20.71 percent. The minimum value, 15.98 percent, was reached in 1993 while the maximum of 41.86 percent was recorded in 2023.

New Zealand: Government spending as percent of GDP: The latest value from 2022 is 20.87 percent, a decline from 21.07 percent in 2021. In comparison, the world average is 16.72 percent, based on data from 165 countries. Historically, the average for New Zealand from 1970 to 2022 is 17.94 percent. The minimum value, 14.5 percent, was reached in 1973 while the maximum of 21.07 percent was recorded in 2021.