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 July of 2021.

Government Spending To GDP in the United States is expected to reach 40.30 percent of GDP 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 of GDP 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 of GDP Yearly

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 107.60 106.90 118.90 31.80 percent of GDP [+]
Government Budget -14.90 -4.60 4.50 -14.90 percent of GDP [+]
Government Budget Value -174161.00 -131953.00 214255.00 -864074.00 USD Million [+]
Government Spending 3378.01 3390.92 3390.92 599.63 USD Billion [+]
Government Revenues 449000.00 463745.00 563496.00 33111.00 USD Million [+]
Government Debt 28529436.00 28199008.00 28529436.00 60000.00 USD Million [+]
Fiscal Expenditure 623359.00 595698.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 191367.00 214249.00 214249.00 24616.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 766583.00 734344.00 865268.00 147593.00 USD Million [+]
Government Spending To GDP 44.00 35.68 44.00 33.40 percent of GDP [+]