Government spending in the United States was last recorded at 37.8 percent of GDP in 2018 . source: U.S. Bureau of Economic Analysis

Government Spending To GDP in the United States averaged 37.10 percent from 1970 until 2018, reaching an all time high of 43.30 percent in 2009 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 October of 2020.

Government Spending To GDP in the United States is expected to reach 42.00 percent by the end of 2020, 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 40.30 percent in 2021 and 38.40 percent in 2022, according to our econometric models.

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United States Government Spending To GDP

Actual Previous Highest Lowest Dates Unit Frequency
37.80 38.00 43.30 33.40 1970 - 2018 percent Yearly

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.90 105.50 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -124611.00 -200012.00 214255.00 -864074.00 USD Million [+]
Government Spending 3368.73 3347.86 3368.73 599.63 USD Billion [+]
Government Revenues 373169.00 223221.00 563496.00 33111.00 USD Million [+]
Government Debt 26945391.00 26728836.00 26945391.00 60000.00 USD Million [+]
Fiscal Expenditure 497780.00 423233.00 1104903.00 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 37.80 38.00 43.30 33.40 percent [+]