The United States recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2018.

Government Budget in the United States averaged -2.15 percent of GDP from 1948 until 2018, reaching an all time high of 4.50 percent of GDP in 1948 and a record low of -9.80 percent of GDP in 2009. This page provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: U.S. Treasury

Government Budget in the United States is expected to be -4.80 percent of GDP by the end of this quarter, 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 -4.50 percent of GDP in 2020, according to our econometric models.


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United States Federal Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -3.50 4.50 -9.80 1948 - 2018 percent of GDP Yearly

United States Federal Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

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 -13273.00 -208838.00 214255.00 -233977.00 USD Million [+]
Government Spending 3310.37 3296.55 3328.05 599.63 USD Billion [+]
Government Revenues 335805.00 225185.00 535545.00 33111.00 USD Million [+]
Government Debt 23201380.00 23076199.00 23201380.00 60000.00 USD Million [+]
Fiscal Expenditure 349078.00 434024.00 439833.00 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 38.00 38.20 43.30 33.40 percent [+]