Government Spending in the United States increased to 3310.37 USD Billion in the third quarter of 2019 from 3296.55 USD Billion in the second quarter of 2019.

Government Spending in the United States averaged 2068.46 USD Billion from 1950 until 2019, 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. 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.

Government Spending in the United States is expected to be 3320.00 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 3367.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3489.00 USD Billion in 2020, according to our econometric models.

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United States Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
3310.37 3296.55 3328.05 599.63 1950 - 2019 USD Billion Quarterly
Constant Prices, SA

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.

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.10 104.80 118.90 31.80 percent [+]
Government Budget -3.80 -3.50 4.50 -9.80 percent of GDP [+]
Government Budget Value -13273.00 -208838.00 214255.00 -233977.00 USD Million [+]
Government Spending 3310.37 3296.55 3328.05 599.63 USD Billion [+]
Government Revenues 335805.00 225185.00 535545.00 33111.00 USD Million [+]
Government Debt 23201380.00 23076199.00 23201380.00 60000.00 USD Million [+]
Fiscal Expenditure 349078.00 434024.00 439833.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 16331.00 522.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 633565.00 605803.00 784835.00 135632.00 USD Million [+]
Government Spending To GDP 38.00 38.20 43.30 33.40 percent [+]