Government Spending in the United States increased to 3195.33 USD Billion in the fourth quarter of 2018 from 3192.01 USD Billion in the third quarter of 2018. Government Spending in the United States averaged 2053.68 USD Billion from 1950 until 2018, reaching an all time high of 3328.05 USD Billion in the fourth quarter of 2009 and a record low of 599.63 USD Billion in the first quarter of 1950.

Government Spending in the United States is expected to be 3231.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in the United States to stand at 3272.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3384.00 USD Billion in 2020, according to our econometric models.

United States Government Spending
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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 8683.00 -13539.00 214255.00 -231677.00 USD Million [+]
Government Spending 3195.33 3192.01 3328.05 599.63 USD Billion [+]
Government Revenues 339980.00 312584.00 510447.00 33111.00 USD Million [+]
Government Debt 22115526.00 21982423.00 22115526.00 253400.00 USD Million [+]
Fiscal Expenditure 331297.00 326123.00 433263.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 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 38.00 38.20 43.30 33.40 percent [+]


United States Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - United States Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Government Spending - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3195.33 3192.01 3328.05 599.63 1950 - 2018 USD Billion Quarterly
Constant Prices, SA




Country Last Previous
Argentina 95670.00 Sep/18
Australia 89290.00 Dec/18
Brazil 106811.05 Jan/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136541.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3195.33 Dec/18


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