United States Government Budget  1954-2017 | Data | Chart | Calendar

The US government posted a USD 88 billion budget deficit in May of 2017, compared to a USD 52.5 billion gap a year earlier and slightly above market expectations of a USD 86.5 billion shortfall. Outlays jumped 19 percent to USD 329 billion while receipts rose by 7 percent to USD 240 billion. Government Budget Value in the United States averaged -16825.85 USD Million from 1954 until 2017, reaching an all time high of 189796 USD Million in April of 2001 and a record low of -231677 USD Million in February of 2012.

United States Government Budget
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-12 06:00 PM Mar $-176B $-192B $-167B $ 4B
2017-05-10 06:00 PM Apr $182B $-176B $-175.8B $ -170B
2017-06-12 06:00 PM May $-88B $182B $-86.5B $ -154.6B
2017-07-13 06:00 PM Jun $-88B $ -195.7B
2017-08-10 06:00 PM Jul $ -11.6B
2017-09-13 06:00 PM Aug $ -53.6B




US Budget Deficit Widens 67.6% YoY In May


The US government posted a USD 88 billion budget deficit in May of 2017, compared to a USD 52.5 billion gap a year earlier and slightly above market expectations of a USD 86.5 billion shortfall. Outlays jumped 19 percent to USD 329 billion while receipts rose by 7 percent to USD 240 billion.

In May, social security accounted for USD 79 billion of total outlays, medicare for USD 51 billion, defense for USD 49 billion, interest on debt for USD 25 billion and other expenses for the remaining USD 125 billion. Regarding receipts, social security and other payroll taxes accounted for USD 106 billion, individual income taxes for USD 104 billion, corporate income taxes for USD 6 billion and other taxes and duties for the remaining USD 24 billion.

When adjusting for calendar effects, the May 2017 deficit was USD 98 billion compared with a USD 92 billion gap a year ago.

The fiscal 2017 year-to-date deficit increased to USD 433 billion compared with USD 405 billion in the same period of fiscal 2016.

US Treasury | Joana Taborda | joana.taborda@tradingeconomics.com
6/12/2017 6:12:39 PM


Recent Releases

US Government Budget Surplus Widens In April
The US government posted a USD 182 billion budget surplus in April of 2017, compared to a USD 106.5 billion surplus a year earlier and well above market expectations of USD 175.9 billion deficit. Outlays decreased 18 percent to USD 273 billion while receipts rose by 4 percent to USD 456 billion.
Published on 2017-05-10

US Budget Deficit Beats Estimates In March
The US government posted a USD 176 billion budget deficit in March of 2017, compared to a USD 108 billion gap a year earlier and above market expectations of USD 167 billion. Outlays increased 17 percent to USD 393 billion while receipts fell by 5 percent to USD 217 billion.
Published on 2017-04-12

US Budget Deficit Above Expectations In February
The US government posted a USD 192 billion budget deficit in February of 2017, barely unchanged from a USD 192.6 billion gap a year earlier but above market expectations of USD 150 billion. Outlays increased 1 percent to USD 364 billion and receipts rose faster by 2 percent to USD 172 billion.
Published on 2017-03-10

US Budget Surplus Beats Estimates In January
The US government posted a $51 billion budget surplus in January of 2017, 7.1 percent lower than a $55 billion surplus a year earlier but above market expectations of $40 billion. Receipts rose 10 percent to $344 billion and outlays increased 13 percent to $293 billion.
Published on 2017-02-10



United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.10 101.20 118.90 31.70 percent [+]
Government Budget -3.20 -2.50 4.50 -9.80 percent of GDP [+]
Government Budget Value -88426.00 182428.00 189796.00 -231677.00 USD Million [+]
Government Spending 2899.30 2907.60 3113.00 557.10 USD Billion [+]
Government Revenues 240418.00 455605.00 471801.00 33111.00 USD Million [+]
Government Debt 19845942.00 19846129.00 19976827.00 253400.00 USD Million [+]
Fiscal Expenditure 328844.00 273177.00 392816.00 3842.00 USD Million [+]
Credit Rating 97.00 [+]
Military Expenditure 606232.60 596009.60 758890.20 131148.80 USD Million [+]
Government Spending To Gdp 34.00 38.10 43.00 33.00 percent [+]
Asylum Applications 12026.00 12517.00 12517.00 522.00 Persons [+]


United States Government Budget Notes

Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value. . This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-88426.00 182428.00 189796.00 -231677.00 1954 - 2017 USD Million Monthly
Current Prices, NSA



government budget value by Country

Last
Australia 7831.00 Apr/17
Brazil -15422.53 Apr/17
Canada -10388.00 Mar/17
China -44.00 Apr/17
France -57.93 Apr/17
Germany -5.10 Sep/16
India -2056.22 Apr/17
Indonesia -305229.70 Dec/16
Italy -13.30 Apr/17
Japan -44416.00 Dec/16
Mexico 58484.50 Apr/17
Netherlands 15.90 Mar/17
Russia -563.72 May/17
South Korea 9070.00 Apr/17
Spain -8268.00 Apr/17
Switzerland 1323.00 Dec/17
Turkey 6.39 May/17
United Kingdom -4738.00 May/17
United States -88426.00 May/17