Government spending in the United States was last recorded at 34.4 percent of GDP in 2023 . Government Spending to GDP in the United States averaged 25.68 percent of GDP from 1900 until 2023, reaching an all time high of 47.01 percent of GDP in 2020 and a record low of 6.55 percent of GDP in 1907. source: U.S. Bureau of Economic Analysis

Government Spending to GDP in the United States is expected to reach 37.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Government Spending To GDP is projected to trend around 38.50 percent of GDP in 2025 and 39.00 percent of GDP in 2026, 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 To GDP
Actual Previous Highest Lowest Dates Unit Frequency
34.38 36.16 47.01 6.55 1900 - 2023 percent of GDP Yearly