United States Government Budget  1954-2016 | Data | Chart | Calendar

The US government posted a USD 44 billion budget deficit in October 2016, a 68 percent decrease from a USD 137 billion gap the same month of the previous year, as outlays fell 24 percent to USD 266 billion while receipts rose 5 percent to USD 222 billion. Government Budget Value in the United States averaged -16332.60 USD Million from 1954 until 2016, reaching an all time high of 189796.00 USD Million in April of 2001 and a record low of -231677.00 USD Million in February of 2012.

United States Government Budget
Receive the next reported value for United States Government Budget in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-13 06:00 PM Aug $-107B $-113B $-108B $-29B
2016-10-14 08:00 PM Sep $33B $-107B $25B $-14B
2016-11-10 07:00 PM Oct $-44B $33B $-80B $-28B
2016-12-12 07:00 PM Nov $-44B $-135B $-36B
2017-01-12 07:00 PM Dec $-24B
2017-01-13 07:00 PM Dec




US Posts $44 Billion Budget Deficit in October


The US government posted a USD 44 billion budget deficit in October 2016, a 68 percent decrease from a USD 137 billion gap the same month of the previous year, as outlays fell 24 percent to USD 266 billion while receipts rose 5 percent to USD 222 billion.

In October 2016, the first month of the 2017 fiscal year, outlays fell 24 percent year-on-year and totaled USD 266 billion as social security accounted for USD 78 billion, defense for USD 52 billion, Medicare for USD 24 billion and interest on debt for USD 23 billion. Other outlays accounted for the remaining USD 89 billion. Meanwhile, receipts rose 5 percent and totaled USD 222 billion as individual income taxes accounted for USD 122 billion, social security and other payroll taxes for USD 79 billion, corporate income taxes for USD 2 billion and other taxes and duties for the remaining USD 18 billion.

However, when accounting for calendar adjustments, October would have shown an USD 84 billion deficit compared to an adjusted USD 88 billion deficit in the same month of 2015.

Joana Ferreira | joana.ferreira@tradingeconomics.com
11/10/2016 7:33:14 PM



United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 104.17 102.98 121.70 31.70 percent [+]
Government Budget -3.20 -2.50 4.50 -9.80 percent of GDP [+]
Government Budget Value -44192.00 33445.00 189796.00 -231677.00 USD Million [+]
Government Spending 2902.70 2900.90 3113.00 557.10 USD Billion [+]
Government Revenues 221692.00 356537.00 471801.00 33111.00 USD Million [+]
Government Debt 19805715.00 19573445.00 19805715.00 253400.00 USD Million [+]
Fiscal Expenditure 265884.00 323178.00 374680.00 3842.00 USD Million [+]
Credit Rating 97.00 [+]
Military Expenditure 595472.10 609914.00 757992.50 398331.70 USD Million [+]
Government Spending To Gdp 38.10 38.80 43.00 33.00 percent [+]
Asylum Applications 9327.00 11050.00 11050.00 522.00 Persons [+]



United States Government Budget Notes

Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value. . This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-44192.00 33445.00 189796.00 -231677.00 1954 - 2016 USD Million Monthly
Current Prices, NSA



Last
Albania 10568.00 Sep/16
Angola -806.50 Dec/15
Argentina -62958.70 Oct/16
Armenia -52041.10 Jun/16
Australia 1120.00 Oct/16
Austria -176.00 Sep/16
Azerbaijan -364.30 Oct/16
Bahrain -455.10 Dec/14
Bangladesh -70623.00 Dec/15
Belarus 463.00 Sep/16
Belgium -10659.00 Dec/15
Belize -288.70 Dec/15
Bosnia and Herzegovina 748.00 Dec/15
Botswana -4313.32 Jun/16
Brazil 3384.00 Oct/16
Bulgaria 3362230.00 Sep/16
Canada -2366.00 Sep/16
Chile -879952.60 Sep/16
China 3540.00 Oct/16
Colombia -245.65 Sep/16
Congo -45931.31 Aug/16
Costa Rica -1060356.20 Sep/16
Croatia 684.80 Sep/16
Cuba -4778.00 Dec/15
Cyprus 186.50 Sep/16
Czech Republic 16061.19 Oct/16
Denmark -1781.00 Jun/16
Ecuador -923.23 Sep/16
Egypt -267551.00 Jun/15
El Salvador -287.40 Dec/15
Estonia -9.45 Sep/16
Finland -757.70 Oct/16
France -85.50 Oct/16
Georgia -150.70 Oct/16
Germany 10.21 Dec/15
Ghana -963.78 Jun/16
Greece 1306.00 Oct/16
Guatemala 414.70 Oct/16
Hong Kong -25624.00 Sep/16
Hungary 2.00 Nov/16
Iceland 30992.00 Aug/16
India -4235.07 Oct/16
Indonesia -298494.80 Dec/15
Iran -460352.90 Dec/15
Iraq -3927263.00 Dec/15
Ireland 293.00 Sep/16
Israel 590.00 Nov/16
Italy -8.62 Sep/16
Japan -130165.00 Jun/16
Jordan -143.20 Sep/16
Kazakhstan -359428.90 Oct/16
Kenya -515348.21 Jun/16
Kosovo 93.80 Dec/15
Kuwait -431.90 Dec/15
Kyrgyzstan -16750938.00 Sep/16
Latvia -67527.00 Oct/16
Lebanon -254084.00 Jun/16
Lithuania -173.40 Jun/16
Luxembourg 647.80 Dec/15
Macau 11647.64 Jun/16
Macedonia -1827.00 Oct/16
Malawi 3077.50 Jun/15
Malaysia -4578.80 Jun/16
Maldives 743.50 Aug/16
Malta -41204.00 Oct/16
Mauritius -1153.90 Sep/16
Mexico 28884.30 Oct/16
Moldova -2733.20 Dec/15
Mongolia -2320357.80 Oct/16
Montenegro -116437145.21 Jun/16
Netherlands -7.30 Sep/16
New Zealand 1831.00 Dec/16
Nicaragua 642.25 Sep/16
Nigeria -656.29 Jun/16
Norway -18920.00 Sep/16
Oman -180.50 Sep/16
Pakistan -1349300.00 Dec/16
Peru -1318.55 Oct/16
Philippines -2300.00 Oct/16
Poland -24648.60 Oct/16
Portugal -4967.00 Sep/16
Qatar 123455.00 Dec/14
Romania -15032.10 Sep/16
Russia -1119042.50 Sep/16
Saudi Arabia -362229.00 Dec/15
Seychelles 24.00 Jun/16
Sierra Leone 17585.00 Dec/15
Singapore -87.90 Sep/16
Slovakia -622.16 Nov/16
Slovenia 77.00 Aug/16
South Africa -3871.00 Sep/16
South Korea 8186.00 Sep/16
Spain -28531.00 Sep/16
Sri Lanka -829502.00 Dec/15
Suriname -1742.70 Dec/15
Swaziland -6502412.00 Dec/16
Sweden -15751.00 Oct/16
Switzerland 1211.00 Dec/16
Taiwan -244.20 Dec/16
Tajikistan -496.00 Sep/16
Thailand 50518.00 Sep/16
Turkey 768095.00 Oct/16
Ukraine -31692.20 Sep/16
United Kingdom -3413.00 Oct/16
United States -44192.00 Oct/16
Uruguay -5348.53 Sep/16
Uzbekistan 76.60 Sep/16
Vietnam -190940.00 Dec/15