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.

Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q2 2025 about expenditures, federal, government, GDP, and USA.

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.

The Gross Domestic Product (GDP) in the United States expanded 3.80 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in the United States expanded 2.10 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, U.S. national health expenditure as a share of its gross domestic product (GDP) reached 17.6 percent, this was an increase on the previous year. The United States has the highest health spending based on GDP share among developed countries. Both public and private health spending in the U.S. is much higher than other developed countries. Why the U.S. pays so much moreWhile private health spending in Canada stays at around three percent and in Germany under two percent of the gross domestic product, it is nearly nine percent in the United States. Another reason for high costs can be found in physicians’ salaries, which are much higher in the U.S. than in other wealthy countries. A general practitioner in the U.S. earns nearly twice as much as the average physician in other high-income countries. Additionally, medicine spending per capita is also significantly higher in the United States. Finally, inflated health care administration costs are another of the predominant factors which make health care spending in the U.S. out of proportion. It is important to state that Americans do not pay more because they have a higher health care utilization, but mainly because of higher prices. Expected developmentsBy 2031, it is expected that health care spending in the U.S. will reach nearly one fifth of the nation’s gross domestic product. Or in dollar-terms, health care expenditures will accumulate to about seven trillion U.S. dollars in total.

As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in the United States increased to 16445.70 USD Billion in the second quarter of 2025 from 16345.80 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Federal government total expenditures (W019RCQ027SBEA) from Q3 1959 to Q2 2025 about expenditures, federal, government, GDP, and USA.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 was 0.90000 Growth rate previous period in October of 2024, according to the United States Federal Reserve. Historically, United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 reached a record high of 7.79387 in July of 2020 and a record low of -5.82142 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 - last updated from the United States Federal Reserve on September of 2025.

In 2024 the real gross domestic product (GDP) of the United States increased by 2.8 percent compared to 2023.
What does GDP growth mean? Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022. Countries with highest GDP growth rate Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Shares of gross domestic product: Government consumption expenditures and gross investment (A822RE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, investment, gross, consumption expenditures, consumption, government, GDP, and USA.

United States - Shares of gross domestic product: Personal consumption expenditures was 67.90% in January of 2024, according to the United States Federal Reserve. Historically, United States - Shares of gross domestic product: Personal consumption expenditures reached a record high of 81.80 in January of 1932 and a record low of 48.40 in January of 1944. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Shares of gross domestic product: Personal consumption expenditures - last updated from the United States Federal Reserve on September of 2025.

United States - National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for OECD - Total was 2.59535 Growth rate same period previous Yr. in October of 2024, according to the United States Federal Reserve. Historically, United States - National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for OECD - Total reached a record high of 7.37136 in January of 1967 and a record low of -0.77754 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for OECD - Total - last updated from the United States Federal Reserve on September of 2025.

United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for OECD - Total was 1.87405 Growth rate same period previous Yr. in October of 2024, according to the United States Federal Reserve. Historically, United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for OECD - Total reached a record high of 7.94014 in January of 1964 and a record low of -11.62677 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for OECD - Total - last updated from the United States Federal Reserve on September of 2025.