The United States is expected to record a Government Budget deficit equal to 16.70 percent of the country's Gross Domestic Product in 2021. source: U.S. Treasury
Government Budget in the United States averaged -2.55 percent of GDP from 1948 until 2021, reaching an all time high of 4.50 percent of GDP in 1948 and a record low of -16.70 percent of GDP in 2021. This page provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Federal Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in the United States is expected to reach -7.70 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Federal Government Budget is projected to trend around -5.60 percent of GDP in 2023 and -5.30 percent of GDP in 2024, according to our econometric models.