United States Government Budget

The United States recorded a Government Budget deficit equal to 4.10 percent of the countrys Gross Domestic Product in 2013 fiscal year. Government Budget in the United States is reported by the U.S. Treasury. From 1948 until 2013, the United States Government Budget averaged -3.0 Percent of GDP reaching an all time high of 4.6 Percent of GDP in September of 1948 and a record low of -12.1 Percent of GDP in September of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-4.10 -8.50 4.60 -12.10 -1.15 | 2014/06 1948 - 2013 Percent of GDP Yearly

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United States Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget -4.10 2013-09-30 -8.50 4.60 -12.10 -1.15 2014-06-30 Percent of GDP [+]
Credit Rating 96.89 2013-12-31 [+]
Government Budget Value -36893.00 2014-03-15 -193532.00 189796.00 -231677.00 -584.26 2014-06-30 USD Million [+]
Government Spending 2868.50 2013-11-15 2907.40 3113.00 557.10 2840.69 2014-06-30 USD Billion [+]
Government Debt To GDP 101.60 2012-12-31 99.40 121.70 31.70 104.71 2014-06-30 Percent [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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