US Government Spending (I:USGSM123)
22.70% of GDP for 2023
Level Chart
Basic Info
|
US Government Spending is at 22.70%, compared to 24.80% last year. This is higher than the long term average of 19.04%. |
| Report | US Budget |
| Category | Governmental Statistics |
| Region | United States |
| Source | Office of Management and Budget |
Stats
| Last Value | 22.70% |
| Latest Period | 2023 |
| Last Updated | Mar 31 2024, 08:33 EDT |
| Next Release | Mar 31 2026, 08:30 EDT (E) |
| Long Term Average | 19.04% |
| Average Growth Rate | 3.53% |
| Value from 1 Year Ago | 24.80% |
| Change from 1 Year Ago | -8.47% |
| Frequency | Yearly |
| Unit | Percent of GDP |
| Adjustment | N/A |
| Download Source File |
Historical Data
| Date | Value |
|---|---|
| December 31, 2023 | 22.70% |
| December 31, 2022 | 24.80% |
| December 31, 2021 | 29.70% |
| December 31, 2020 | 30.80% |
| December 31, 2019 | 20.90% |
| December 31, 2018 | 20.10% |
| December 31, 2017 | 20.60% |
| December 31, 2016 | 20.70% |
| December 31, 2015 | 20.30% |
| December 31, 2014 | 20.10% |
| December 31, 2013 | 20.70% |
| December 31, 2012 | 21.90% |
| December 31, 2011 | 23.30% |
| December 31, 2010 | 23.20% |
| December 31, 2009 | 24.30% |
| December 31, 2008 | 20.20% |
| December 31, 2007 | 19.10% |
| December 31, 2006 | 19.50% |
| December 31, 2005 | 19.30% |
| December 31, 2004 | 19.10% |
| December 31, 2003 | 19.20% |
| December 31, 2002 | 18.60% |
| December 31, 2001 | 17.70% |
| December 31, 2000 | 17.70% |
| December 31, 1999 | 18.00% |
| Date | Value |
|---|---|
| December 31, 1998 | 18.50% |
| December 31, 1997 | 18.90% |
| December 31, 1996 | 19.60% |
| December 31, 1995 | 20.00% |
| December 31, 1994 | 20.40% |
| December 31, 1993 | 20.70% |
| December 31, 1992 | 21.50% |
| December 31, 1991 | 21.70% |
| December 31, 1990 | 21.20% |
| December 31, 1989 | 20.50% |
| December 31, 1988 | 20.60% |
| December 31, 1987 | 21.00% |
| December 31, 1986 | 21.80% |
| December 31, 1985 | 22.20% |
| December 31, 1984 | 21.50% |
| December 31, 1983 | 22.80% |
| December 31, 1982 | 22.50% |
| December 31, 1981 | 21.60% |
| December 31, 1980 | 21.10% |
| December 31, 1979 | 19.60% |
| December 31, 1978 | 20.10% |
| December 31, 1977 | 20.20% |
| December 31, 1976 | 20.80% |
| December 31, 1975 | 20.60% |
| December 31, 1974 | 18.10% |
News
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Time (ET)
01/14 05:58
01/09 05:56
01/08 06:25
01/07 06:35
12/18 06:06
12/17 06:39
12/17 05:49
Basic Info
|
US Government Spending is at 22.70%, compared to 24.80% last year. This is higher than the long term average of 19.04%. |
| Report | US Budget |
| Category | Governmental Statistics |
| Region | United States |
| Source | Office of Management and Budget |
Stats
| Last Value | 22.70% |
| Latest Period | 2023 |
| Last Updated | Mar 31 2024, 08:33 EDT |
| Next Release | Mar 31 2026, 08:30 EDT (E) |
| Long Term Average | 19.04% |
| Average Growth Rate | 3.53% |
| Value from 1 Year Ago | 24.80% |
| Change from 1 Year Ago | -8.47% |
| Frequency | Yearly |
| Unit | Percent of GDP |
| Adjustment | N/A |
| Download Source File |