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 decrease between 2024 and 2029 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have decreased for the third consecutive year to 37.08 percent.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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 the annual change in imports of trade goods and services, the number of employed people, and ratio of the national debt to the gross domestic product.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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 the annual change in imports of trade goods and services, the number of employed people, and ratio of the national debt to the gross domestic product.
