Government Spending in the United States increased to 3192.17 USD Billion in the third quarter of 2018 from 3171.81 USD Billion in the second quarter of 2018. Government Spending in the United States averaged 2049.53 USD Billion from 1950 until 2018, reaching an all time high of 3328.05 USD Billion in the fourth quarter of 2009 and a record low of 599.63 USD Billion in the first quarter of 1950.

Government Spending in the United States is expected to be 3231.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in the United States to stand at 3284.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3368.00 USD Billion in 2020, according to our econometric models.

United States Government Spending
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 105.40 105.80 118.90 31.70 percent [+]
Government Budget -3.50 -3.20 4.50 -9.80 percent of GDP [+]
Government Budget Value -100000.00 119116.00 214255.00 -231677.00 USD Million [+]
Government Spending 3192.17 3171.81 3328.05 599.63 USD Billion [+]
Government Revenues 252692.00 343559.00 510447.00 33111.00 USD Million [+]
Government Debt 21850094.00 21702370.00 21850094.00 253400.00 USD Million [+]
Fiscal Expenditure 353183.00 224443.00 433263.00 3842.00 USD Million [+]
Asylum Applications 6901.00 7709.00 16331.00 522.00 Persons [+]
Credit Rating 97.00 [+]
Military Expenditure 597177.90 600106.40 768465.80 132803.40 USD Million [+]
Government Spending To GDP 37.70 37.40 42.90 33.10 percent [+]


United States Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - United States Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3192.17 3171.81 3328.05 599.63 1950 - 2018 USD Billion Quarterly
Constant Prices, SA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


Related

Latest