The statistic represents the U.S. social security outlays from 2000 to 2023 with an additional forecast of 2024, 2025, and 2034 as a percentage of the gross domestic product. Social security outlays amounted to 1.35 trillion U.S. dollars in 2023, which is about five percent of the U.S. GDP. The forecast predicts an increase in social security outlays up to 2.47 trillion U.S. dollars in 2034, which would be about six percent of projected GDP.
The GDP of the United States since 1990 can be accessed here.
Social security outlays and forecast in the United States from 2000 to 2033
(as a percentage of gross domestic product)
**Values for 2019-2020 are calculated by Statista using GDP figures from the source's 10-Year Economic Projections, available here.
Values prior to 2019 taken from The Budget and Economic Outlook Fiscal Years 2019 to 2029, page 159, available here.
Values after 2020 are taken from The Budget and Economic Outlook Fiscal Years 2022 to 2032, page 59, available here.
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US Congressional Budget Office. (February 7, 2024). Social security outlays and forecast in the United States from 2000 to 2033 (as a percentage of gross domestic product) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/
US Congressional Budget Office. "Social security outlays and forecast in the United States from 2000 to 2033 (as a percentage of gross domestic product)." Chart. February 7, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/
US Congressional Budget Office. (2024). Social security outlays and forecast in the United States from 2000 to 2033 (as a percentage of gross domestic product). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/
US Congressional Budget Office. "Social Security Outlays and Forecast in The United States from 2000 to 2033 (as a Percentage of Gross Domestic Product)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/
US Congressional Budget Office, Social security outlays and forecast in the United States from 2000 to 2033 (as a percentage of gross domestic product) Statista, https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/ (last visited November 19, 2024)
Social security outlays and forecast in the United States from 2000 to 2033 (as a percentage of gross domestic product) [Graph], US Congressional Budget Office, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/217654/outlays-for-social-security-and-forecast-in-the-us-as-a-percentage-of-the-gdp/
