Government Spending in the United States increased to 3293.82 USD Billion in the second quarter of 2019 from 3258.14 USD Billion in the first quarter of 2019. Government Spending in the United States averaged 2063.99 USD Billion from 1950 until 2019, 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 3269.00 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 3275.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3377.00 USD Billion in 2020, according to our econometric models.

United States Government Spending
width
height
 Preview
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.

API Features Documentation Interested? Click here to contact us

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.10 104.80 118.90 31.80 percent [+]
Government Budget -3.80 -3.50 4.50 -9.80 percent of GDP [+]
Government Budget Value -200344.00 -119695.00 214255.00 -233977.00 USD Million [+]
Government Spending 3293.82 3258.14 3328.05 599.63 USD Billion [+]
Government Revenues 227965.00 251348.00 535545.00 33111.00 USD Million [+]
Government Debt 22460467.00 22022369.00 22460467.00 60000.00 USD Million [+]
Fiscal Expenditure 428309.00 371043.00 439833.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 16331.00 522.00 Persons [+]
Credit Rating 97.00 [+]
Military Expenditure 633565.00 605803.00 784835.00 135632.00 USD Million [+]
Government Spending To GDP 38.00 38.20 43.30 33.40 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3293.82 3258.14 3328.05 599.63 1950 - 2019 USD Billion Quarterly
Constant Prices, SA




Country Last Previous
Argentina 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 120212.48 Jul/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58162.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 94259.00 Jun/19
United States 3293.82 Jun/19


Related
Latest