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Graph and download economic data for Government current expenditures: Income security: Welfare and social services (G160371A027NBEA) from 1959 to 2023 about social assistance, expenditures, government, income, services, GDP, and USA.
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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.
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TwitterSocial security outlays in the United States reached five percent of GDP in 2024. This amounted to a total value of 1.45 trillion U.S. dollars. The share of this expenditure was expected to increase to six percent of U.S. GDP by 2035. Social security is the main social program in the country supporting the elderly.
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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.
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View yearly updates and historical trends for US State and Local Government Current Expenditures on Welfare and Social Services. from United States. Sourc…
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Graph and download economic data for Government current expenditures: State and local: Income security: Disability (G161131A027NBEA) from 1959 to 2024 about disability, social assistance, state & local, expenditures, government, income, GDP, and USA.
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United States US: Military Expenditure: % of GDP data was reported at 3.149 % in 2017. This records a decrease from the previous number of 3.222 % for 2016. United States US: Military Expenditure: % of GDP data is updated yearly, averaging 4.864 % from Sep 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.063 % in 1967 and a record low of 2.908 % in 1999. United States US: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.
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TwitterIn 2024, the budget balance in relation to the gross domestic product (GDP) in the United States amounted to -8.03 percent. Between 2001 and 2024, the figure dropped by 7.49 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the budget balance will rise by 0.44 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
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United States US: Health Expenditure: Public: % of GDP data was reported at 8.279 % in 2014. This records an increase from the previous number of 8.045 % for 2013. United States US: Health Expenditure: Public: % of GDP data is updated yearly, averaging 6.710 % from Dec 1995 (Median) to 2014, with 20 observations. The data reached an all-time high of 8.279 % in 2014 and a record low of 5.614 % in 1999. United States US: Health Expenditure: Public: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Health Statistics. Public health expenditure consists of recurrent and capital spending from government (central and local) budgets, external borrowings and grants (including donations from international agencies and nongovernmental organizations), and social (or compulsory) health insurance funds.; ; World Health Organization Global Health Expenditure database (see http://apps.who.int/nha/database for the most recent updates).; Weighted average;
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United States US: Expenditure: % of GDP data was reported at 22.732 % in 2016. This records an increase from the previous number of 22.678 % for 2015. United States US: Expenditure: % of GDP data is updated yearly, averaging 20.804 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 26.225 % in 2010 and a record low of 17.752 % in 1972. United States US: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;
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TwitterIn September 2024, the national debt of the United States had risen up to 35.46 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.
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This dataset contains country level economic and social measures for 183 countries. Part 1, World Tables (1980 File), contains, where available, measures of (1)population, (2)national accounts and price data for 1950, 1955, 1960 through 1977, (3)data on external trade for 1962, 1965, 1970, and 1977, (4)data on balance of payments, debt, central government finance and trade indices for 1970-1977, and (5)social data for 1960, 1970, and (estimated) 1977. More specifically, the groupings include population, GDP by industrial origin and expenditures in constant local prices and current local prices, exchange rates and indices, balance of payments and external debt ($US), central government finance in local currency, social indicators, and external trade. Part 2, World Tables (1982 File), contains data on national accounts, prices, exchange rates and population for 1960-1981. The groupings include GDP by industrial origin as well as expenditure in current local prices and constant local prices, area, population, exchange rates, and indices and savings.
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TwitterIn 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.
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TwitterPakistan's data extracted from the World Data Bank provides valuable insights into various factors that help deduce the country's Human Development Index (HDI) and economic situation. These indicators shed light on demographic trends, economic performance, and social development. Let's explore some key indicators and their implications for Pakistan's human development and economic status.
Urban population and Rural population: The distribution of the population between urban and rural areas indicates the level of urbanization and the development of infrastructure. A higher urban population might suggest better access to amenities and services in cities, while a larger rural population may indicate the importance of agriculture and the need for rural development.
Population and Population growth (annual %): The total population and its growth rate are crucial in assessing demographic trends and planning for the future. A high population growth rate can put strain on resources and social services, while a stable or declining growth rate allows for better management of development programs.
Gender-related indicators (Population, female, and Population, male (% of total population)): These indicators highlight gender imbalances in the population. A relatively equal distribution of male and female populations is crucial for gender equality and social development.
Birth rate, crude (per 1,000 people), and Mortality rate, infant (per 1,000 live births): Birth and infant mortality rates are essential indicators of healthcare and overall social development. Lower birth and infant mortality rates signify better healthcare facilities and improved living conditions.
GDP (current US$) and Inflation, GDP deflator (annual %): GDP represents the total economic output of a country and reflects its overall economic health. Inflation rates indicate the stability of prices and the impact on consumers' purchasing power.
GNI (current US$) and Gross national expenditure (current US$): GNI measures the total income earned by a country's residents, while gross national expenditure tracks the total spending on goods and services. These indicators help gauge the country's economic performance and fiscal health.
Total reserves (includes gold, current US$): Total reserves provide insight into a country's ability to meet its financial obligations and handle external economic shocks.
Services, value-added (current US$), Merchandise exports, and Merchandise imports (current US$): These indicators reflect the performance of the services and trade sectors, indicating the extent of economic diversification and international trade.
Military expenditure (current USD): Military expenditure is an essential factor in understanding a country's defense priorities and allocation of resources.
Adjusted savings: education expenditure (current US$) and Food production index (2014-2016 = 100): Investment in education is crucial for human development, while the food production index indicates a country's ability to meet its food needs and food security.
By analyzing these indicators collectively, policymakers, economists, and development experts can assess Pakistan's progress in human development and economic growth. Addressing challenges in healthcare, education, gender equality, and economic diversification can contribute to improving the Human Development Index and promoting sustainable economic development in Pakistan.
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TwitterAmong OECD member countries, the United States had the ******* percentage of gross domestic product spent on health care as of 2024. The U.S. spent nearly **** percent of its GDP on health care services. Germany, Austria, and Germany followed the U.S. with distinctly smaller percentages. The United States had both significantly higher private and public spending on health compared with other developed countries. Why compare OECD countries? OECD stands for Organization for Economic Co-operation and Development. It is an economic organization consisting of 38 members, mostly high-income countries and committed to democratic principles and market economy. This makes OECD statistics more comparable than statistics of developed and undeveloped countries. Health economics is an important matter for the OECD, even more since increasing health costs and an aging population have become an issue for many developed countries. Health costs in the U.S. A higher GDP share spent on health care does not automatically lead to a better functioning health system. In the case of the U.S., high spending is mainly because of higher costs and prices, not due to higher utilization. For example, physicians’ salaries are much higher in the U.S. than in other comparable countries. A doctor in the U.S. earns more than ***** as much as the average physician in Germany. Pharmaceutical spending per capita is also distinctly higher in the United States. Furthermore, the U.S. also spends more on health administrative costs compared to other wealthy countries.
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TwitterIn 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.
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TwitterIn 2022, the U.S. government spent more on healthcare than any other country, at 16.6 percent of GDP. In the same year, U.S. military expenditure was 3.45 percent of GDP. This statistic shows the healthcare and military expenditure as a percentage of GDP in select countries in 2022.
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TwitterIn September 2024, the disposable personal income in the United States increased by 0.3 percent from the previous month. The data are in current U.S. dollars, seasonally adjusted at annual rates. Disposable personal income in the United States According to the BEA, personal income is the income that is received by persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, minus contributions for government social insurance. In simple terms, disposable personal income is the total remaining income after taxes paid; it is the income available to persons for spending or saving. It is useful to economists because it measures the amount of money available for spending in a specific area. Disposable personal income is a significant indicator of an economy’s health. Personal income determines an individual’s ability to consume goods and services, i.e. personal consumption expenditure, and industries producing consumer goods and services contribute heavily to United States gross domestic product. The retail trade industry, for example, contributed 1.38 trillion chained U.S. dollars to the GDP of the United States in 2021. Total real GDP amounted to about 22.99 trillion U.S. dollars that year. The arts, entertainment, recreation, accommodation and food services industry contributed 839.6 billion U.S. dollars to the GDP in 2021. Personal income in the United States was 21.06 trillion U.S. dollars in 2021, the highest value in over ten years.
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Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q2 2025 about expenditures, federal, government, GDP, and USA.
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United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data was reported at 17.169 Per 1000 in 2020. This records an increase from the previous number of 15.152 Per 1000 for 2019. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data is updated yearly, averaging 13.282 Per 1000 from Dec 2011 (Median) to 2020, with 10 observations. The data reached an all-time high of 17.169 Per 1000 in 2020 and a record low of 12.478 Per 1000 in 2012. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Number of Researchers and Personnel on Research and Development: OECD Member: Annual.
Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':
R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.
The MSTI variable 'Value added in industry' is used to this end:
It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.
Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.
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Graph and download economic data for Government current expenditures: Income security: Welfare and social services (G160371A027NBEA) from 1959 to 2023 about social assistance, expenditures, government, income, services, GDP, and USA.