Government Spending in the United States increased to 3966.20 USD Billion in the third quarter of 2024 from 3917 USD Billion in the second quarter of 2024. Government Spending in the United States averaged 2252.04 USD Billion from 1947 until 2024, reaching an all time high of 3966.20 USD Billion in the third quarter of 2024 and a record low of 555.60 USD Billion in the fourth quarter of 1947. source: U.S. Bureau of Economic Analysis

Government Spending in the United States is expected to be 3985.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Government Spending is projected to trend around 4122.00 USD Billion in 2026 and 4201.00 USD Billion in 2027, according to our econometric models.




Related Last Previous Unit Reference
Asylum Applications 478885.00 259982.00 Persons Dec 2023
Credit Rating 97.00 Jan 2025
Fiscal Expenditure 584221.00 463357.00 USD Million Oct 2024
Government Budget -6.20 -5.40 percent of GDP Dec 2023
Monthly Budget Statement -367000.00 -257000.00 USD Million Nov 2024
Government Debt 36087363.00 35951601.00 USD Million Nov 2024
Government Debt to GDP 122.30 121.90 percent of GDP Dec 2023
Government Revenues 301754.00 326770.00 USD Million Nov 2024
Government Spending 3966.20 3917.00 USD Billion Sep 2024
Government Spending to GDP 34.38 36.16 percent of GDP Dec 2023
Holidays
Military Expenditure 916014.70 860692.20 USD Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
3966.20 3917.00 3966.20 555.60 1947 - 2024 USD Billion Quarterly
Constant Prices 2017, SA