USA: Government spending, percent of GDP

* indicates monthly or quarterly data series

Government spending as percent of GDP

 Latest value 14.03
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 15.55
 Min - Max 13.93 - 17.96
 Source The World Bank
For that indicator, we provide data for the USA from 1970 to 2022. The average value for the USA during that period was 15.55 percent with a minimum of 13.93 percent in 2018 and a maximum of 17.96 percent in 1970. The latest value from 2022 is 14.03 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
USA - Government spending, percent of GDP - recent values

Historical chart
USA - Government spending, percent of GDP - historical chart - 1970-2022

The government size of the USA and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 14.03 2022 percent
 Government spending, in dollars 3,353.73 2021 billion U.S. dollars
 Fiscal balance, percent of GDP -9.25 2023 percent
 Government debt 119.62 2023 percent
 Government expenditure 1,198.70 Q3/2023 billion
 Long-term government bond yield 4.38 9/2023 percent
 Tax revenue 12.32 2022 percent
 Commercial tax rate 36.60 2019 percent
 Tax preparation time 175 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 1.82 2022 percent
 Taxes on international trade 2.03 2022 percent
 Income and profits taxes 57.72 2022 percent
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