Ratio of government expenditure to gross domestic product (GDP) in the United States
The ratio of government expenditure to GDP in the United States was forecast to increase between 2024 and 2029 by in total 0.2 percentage points. This overall increase does not happen continuously, notably not in 2027 and 2029. The ratio is estimated to amount to 37.25 percent in 2029.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about the United States with key insights such as annual change in imports of trade goods and services, number of employed people and ratio of national debt to gross domestic product.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about the United States with key insights such as annual change in imports of trade goods and services, number of employed people and ratio of national debt to gross domestic product.
