The US posted a budget deficit of USD 226 billion in April of 2021, compared with a USD 738 billion gap in the same period last year and in line with market expectations, as pandemic-related outlays fell, and revenues rose sharply. The Treasury Department said that the deficit for the first seven months of fiscal 2021 still hit a new record of USD 1.932 trillion, a 30% increase from the same period of fiscal 2020. source: Financial Management Service, US Treasury
Government Budget Value in the United States averaged -24459.21 USD Million from 1954 until 2021, reaching an all time high of 214255 USD Million in April of 2018 and a record low of -864074 USD Million in June of 2020. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Government Budget Value in the United States is expected to be -145000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in the United States to stand at -10000.00 in 12 months time. In the long-term, the United States Government Budget is projected to trend around -10000.00 USD Million in 2022, according to our econometric models.