The United States is expected to record a Government Budget deficit equal to 16.70 percent of the country's Gross Domestic Product in 2021. source: U.S. Treasury

Government Budget in the United States averaged -2.55 percent of GDP from 1948 until 2021, reaching an all time high of 4.50 percent of GDP in 1948 and a record low of -16.70 percent of GDP in 2021. This page provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Federal Government Budget - values, historical data and charts - was last updated on September of 2022.

Government Budget in the United States is expected to reach -7.70 percent of GDP by the end of 2022, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the United States Federal Government Budget is projected to trend around -5.60 percent of GDP in 2023 and -5.30 percent of GDP in 2024, according to our econometric models.

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United States Federal Government Budget

Related Last Previous Unit Reference
Government Budget -16.70 -14.90 percent of GDP Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-16.70 -14.90 4.50 -16.70 1948 - 2021 percent of GDP Yearly