The United States recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2017. Government Budget in the United States averaged -2.13 percent of GDP from 1948 until 2017, 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.
Government Budget in the United States is expected to be -5.00 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 -6.00 percent of GDP in 2020, according to our econometric models.