USA: Government expenditure

* indicates monthly or quarterly data series
 USA

Government expenditure, billion currency units

 Latest value 1233
 Reference Q1 2024
 Measure billion U.S. Dollar
 Data availability Q1 1960 - Q1 2024
 Average 406.78
 Min - Max 29.35 - 1233
 Source U.S. Bureau of Economic Analysis (BEA)
For that indicator, we provide data for the USA from Q1 1960 to Q1 2024. The average value for the USA during that period was 406.78 billion U.S. Dollar with a minimum of 29.35 billion U.S. Dollar in Q1 1960 and a maximum of 1233 billion U.S. Dollar in Q1 2024. Click on the following link to see the values of Government expenditure, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
USA - Government expenditure - recent values

Historical chart
USA - Government expenditure - historical chart - 1960-2024
Measure: billion U.S. Dollar
Source: U.S. Bureau of Economic Analysis (BEA)


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Definition: Total spending by all levels of government but excluding public enterprises.

 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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