Government Spending in the United States increased to 44 percent of the GDP in 2020 from 35.68 percent in 2019. source: U.S. Bureau of Economic Analysis

Government Spending To GDP in the United States averaged 37.20 percent from 1970 until 2020, reaching an all time high of 44 percent in 2020 and a record low of 33.40 percent in 1973. This page provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Spending To GDP - values, historical data and charts - was last updated on March of 2021.

Government Spending To GDP in the United States is expected to reach 40.30 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Government Spending To GDP is projected to trend around 38.40 percent in 2022, according to our econometric models.

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United States Government Spending To GDP

Actual Previous Highest Lowest Dates Unit Frequency
44.00 35.68 44.00 33.40 1970 - 2020 percent Yearly

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 107.60 106.90 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -163000.00 -144000.00 214255.00 -864074.00 USD Million [+]
Government Spending 3317.97 3327.20 3368.73 599.63 USD Billion [+]
Government Revenues 384651.00 346119.00 563496.00 33111.00 USD Million [+]
Government Debt 27784553.00 27747798.00 27784553.00 60000.00 USD Million [+]
Fiscal Expenditure 547483.00 489682.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 16331.00 522.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 633565.00 605803.00 784835.00 135632.00 USD Million [+]
Government Spending To GDP 44.00 35.68 44.00 33.40 percent [+]