US government outlays rose 18 percent from a year earlier and totaled USD 353 billion in October of 2018, as social security accounted for USD 84 billion, defense for USD 69 billion, Medicare for USD 53 billion, health for USD 44 billion, net interest for USD 32 billion, income security for USD 32 billion, veterans' benefits and services for USD 17 billion, agriculture for USD 8 billion, transportation for USD 8 billion and other expenses for USD 7 billion. Fiscal Expenditure in the United States averaged 111059.32 USD Million from 1954 until 2018, reaching an all time high of 433263 USD Million in August of 2018 and a record low of 3842 USD Million in November of 1954.

Fiscal Expenditure in the United States is expected to be 298093.82 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in the United States to stand at 338324.18 in 12 months time. In the long-term, the United States Fiscal Expenditure is projected to trend around 338542.49 USD Million in 2020, according to our econometric models.

United States Fiscal Expenditure
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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 3197.46 3171.81 3328.05 599.63 USD Billion [+]
Government Revenues 252692.00 343559.00 510447.00 33111.00 USD Million [+]
Government Debt 21702370.00 21516058.00 21702370.00 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 Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - United States Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Fiscal Expenditure - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
353183.00 224443.00 433263.00 3842.00 1954 - 2018 USD Million Monthly
Current Prices, NSA




Country Last
Argentina 323235.40 Oct/18
Australia 36603.00 Sep/18
Canada 24980.00 Aug/18
China 12031.00 Oct/18
France 291.01 Sep/18
Germany 337.26 Jun/18
India 13042.15 Sep/18
Indonesia 2004247.20 Dec/17
Italy 63.41 Sep/18
Mexico 455196.90 Sep/18
Netherlands 62.80 Sep/18
Russia 22933810.00 Sep/18
Saudi Arabia 929999.00 Dec/17
Singapore 4409.80 Sep/18
South Africa 95090.00 Sep/18
South Korea 325578.00 Sep/18
Switzerland 221715.00 Dec/18
Turkey 64551314.00 Sep/18
United States 353183.00 Oct/18


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