For the 2023 fiscal year, the U.S. federal government allocated around 24.4 billion U.S. dollars for major federal IT investments. The total amount of spending on IT is expected to amount to some 87.4 billion U.S. dollars in 2023, slightly lower than the federal government's IT budget in the previous year.
Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance
(in billion U.S. dollars)
* Values for non-major investments were calculated by Statista.
The U.S. federal fiscal year runs from 1 October to 30 September the following year.
The totals do not include classified IT spending or the IT Modernization Fund. The amount of spending in "major" investments is significant because those investments are required to submit Business Cases, which provide additional transparency into the cost, schedule and performance data related to its spending.
A major IT investment ("major") is defined an investment that requires special management attention because of its importance to the mission or function of the agency, a component of the agency requires special management attention because of its importance to the mission or function to the government; has significant program or policy implications; has high executive visibility; has high development, operating, or maintenance costs; has unusual funding mechanism; or is defined as major by the agency’s capital planning and investment control process.
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whitehouse.gov. (June 28, 2023). Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/
whitehouse.gov. "Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance (in billion U.S. dollars)." Chart. June 28, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/
whitehouse.gov. (2023). Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/
whitehouse.gov. "Federal Government Information Technology (It) Expenditure in The United States from Fy 2011 to Fy 2023, by Significance (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/
whitehouse.gov, Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance (in billion U.S. dollars) Statista, https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/ (last visited November 21, 2024)
Federal government information technology (IT) expenditure in the United States from FY 2011 to FY 2023, by significance (in billion U.S. dollars) [Graph], whitehouse.gov, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/554000/united-states-federal-it-expenditure-by-investment-significance/