United States Government Budget  1954-2018 | Data | Chart | Calendar

The US budget deficit narrowed to USD 75.0 billion in June 2018 from USD 90.2 billion in the same month of the previous year, and below market expectations of USD 98.2 billion. Outlays fell 9 percent to USD 391.0 billion and receipts dropped 7 percent to USD 316.0 billion. Government Budget Value in the United States averaged -17496.38 USD Million from 1954 until 2018, reaching an all time high of 214255 USD Million in April of 2018 and a record low of -231677 USD Million in February of 2012.

United States Government Budget
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US June Budget Deficit Smaller than Expected


The US budget deficit narrowed to USD 75.0 billion in June 2018 from USD 90.2 billion in the same month of the previous year, and below market expectations of USD 98.2 billion.

Outlays fell 9 percent from the same month a year earlier and totaled USD 391 billion, as social security accounted for USD 88 billion, defense for USD 65 billion, Medicare for USD 79 billion and interest on debt for USD 32 billion. Other outlays accounted for the remaining USD 126 billion. 

Meanwhile, receipts declined 7 percent to USD 316 billion as individual income taxes accounted for USD 162 billion, social security and other payroll taxes for USD 94 billion, corporate income taxes for USD 38 billion and other taxes and duties for the remaining USD 22 billion.

When accounting for calendar adjustments, the government's deficit was USD 26 billion compared to an adjusted deficit of USD 48 billion in the same month the previous year.

The gap for the fiscal year, which began last October, was USD 607 billion, compared to a deficit of USD 523 billion in the same period of the previous fiscal year.


US Treasury | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/12/2018 6:10:16 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-10 06:00 PM Monthly Budget Statement $214B $-209B $193.75B $ 88B
2018-06-12 06:00 PM Monthly Budget Statement $-147B $214B $-144B $ -158.5B
2018-07-12 06:00 PM Monthly Budget Statement $-75B $-147B $-98.2B $ -100B
2018-08-10 06:00 PM Monthly Budget Statement $-75B $ 31.4B
2018-09-12 06:00 PM Monthly Budget Statement $ -91.8B
2018-10-10 06:00 PM Monthly Budget Statement $ -47.3B


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 -74858.00 -146796.00 214255.00 -231677.00 USD Million [+]
Government Spending 2930.69 2921.52 3113.00 557.10 USD Billion [+]
Government Revenues 316278.00 217075.00 510447.00 33111.00 USD Million [+]
Government Debt 21195070.00 21145215.00 21195070.00 253400.00 USD Million [+]
Fiscal Expenditure 391136.00 363871.00 428894.00 3842.00 USD Million [+]
Asylum Applications 6901.00 10167.00 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 37.80 37.60 43.00 33.00 percent [+]


United States Government Budget

Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-74858.00 -146796.00 214255.00 -231677.00 1954 - 2018 USD Million Monthly
Current Prices, NSA




government budget value by Country
Country Last
Australia 10417.00 May/18
Brazil -47900.00 May/18
Canada -10630.00 Mar/18
China 83.10 May/18
France -55.07 May/18
Germany 70.64 Sep/17
India -3454.93 May/18
Indonesia -347356.70 Dec/17
Italy -19.87 May/18
Japan 53517.00 Mar/18
Mexico -42702.30 May/18
Netherlands 1.00 Dec/17
Russia 877.30 Jun/18
South Korea 8670.00 May/18
Spain -14493.00 May/18
Switzerland 1373.00 Dec/18
Turkey 1981913.00 May/18
United Kingdom -3687.00 May/18
United States -74858.00 Jun/18


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