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

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 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.

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

Government Spending in China increased to 208113.40 CNY Hundred Million in 2023 from 193360 CNY Hundred Million in 2022. This dataset provides - China Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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 [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

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.

Graph and download economic data for Federal government current expenditures: Interest payments (NA000308Q) from Q1 1947 to Q4 2024 about payments, expenditures, federal, government, interest, GDP, and USA.

Government Spending in Thailand decreased to 421982 THB Million in the fourth quarter of 2024 from 452242 THB Million in the third quarter of 2024. This dataset provides - Thailand Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Mexico increased to 2838581.14 MXN Million in the fourth quarter of 2024 from 2784668.85 MXN Million in the third quarter of 2024. This dataset provides - Mexico Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Federal government spending on Medicaid totaled 616 billion U.S. dollars in 2023. The forecast predicts an increase in Medicaid outlays up to over 898 billion U.S. dollars in 2034. The statistic shows the total federal Medicaid spending history from 2000 to 2023, with an additional forecast from 2024 to 2034.

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.

Government Spending in Brazil increased to 660168 BRL Million in the fourth quarter of 2024 from 535101 BRL Million in the third quarter of 2024. This dataset provides - Brazil Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for State and Local Government Current Expenditures (SLEXPND) from Q1 1947 to Q4 2024 about state & local, expenditures, government, GDP, 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.

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.

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.