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.

United States Federal Government Budget
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United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 105.40 105.80 118.90 31.70 percent [+]
Government Budget -3.50 -3.20 4.50 -9.80 percent of GDP [+]
Government Budget Value -100000.00 119116.00 214255.00 -231677.00 USD Million [+]
Government Spending 3197.46 3171.81 3328.05 599.63 USD Billion [+]
Government Revenues 252692.00 343559.00 510447.00 33111.00 USD Million [+]
Government Debt 21702370.00 21516058.00 21702370.00 253400.00 USD Million [+]
Fiscal Expenditure 353183.00 224443.00 433263.00 3842.00 USD Million [+]
Asylum Applications 6901.00 7709.00 16331.00 522.00 Persons [+]
Credit Rating 97.00 [+]
Military Expenditure 597177.90 600106.40 768465.80 132803.40 USD Million [+]
Government Spending To GDP 37.70 37.40 42.90 33.10 percent [+]


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. This page provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Federal Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -3.20 4.50 -9.80 1948 - 2017 percent of GDP Yearly




Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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