The United States is expected to record a Government Budget deficit equal to 5.8 percent of the country's Gross Domestic Product in 2022. source: U.S. Treasury
Government Budget in the United States averaged -2.54 percent of GDP from 1948 until 2022, reaching an all time high of 4.50 percent of GDP in 1948 and a record low of -15.00 percent of GDP in 2020. 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 August of 2023.
Government Budget in the United States is expected to reach -4.50 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Federal Government Budget is projected to trend around -4.20 percent of GDP in 2024 and -4.80 percent of GDP in 2025, according to our econometric models.