United States Government Budget  1954-2017 | Data | Chart | Calendar

The US government posted a $51 billion budget surplus in January of 2017, 7.1 percent lower than a $55 billion surplus a year earlier but above market expectations of $40 billion. Receipts rose 10 percent to $344 billion and outlays increased 13 percent to $293 billion. Government Budget Value in the United States averaged -16552.45 USD Million from 1954 until 2017, reaching an all time high of 189796 USD Million in April of 2001 and a record low of -231677 USD Million in February of 2012.

United States Government Budget
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-12 07:00 PM Nov $-137B $-44B $-135B $-36B
2017-01-12 07:00 PM Dec $-28B $-137B $-25B $-24B
2017-02-10 07:00 PM Jan $51B $-28B $40B $36.5B
2017-03-10 07:00 PM Feb $51B $ -60.7B
2017-04-12 06:00 PM Mar $ -49.2B
2017-05-10 06:00 PM Apr $ -69.4B




US Budget Surplus Beats Estimates In January


The US government posted a $51 billion budget surplus in January of 2017, 7.1 percent lower than a $55 billion surplus a year earlier but above market expectations of $40 billion. Receipts rose 10 percent to $344 billion and outlays increased 13 percent to $293 billion.

In January, individual income taxes accounted for $197 billion of total recipts, social security and other payroll taxes for $110 billion, corporate income taxes for $9 billion and other taxes and duties for the remaining $28 billion. Regarding outlays, social security accounted for $78 billion, Medicare for $46 billion, defense for $40 billion, interest on debt for $22 billion and other expenses for the remaining $107 billion. 

When adjusting for calendar effects, the January 2017 surplus was $23 billion compared with a $13 billion surplus in the same month of 2016.

The fiscal 2017 year-to-date deficit was $157 billion compared with $160 billion in the same period of fiscal 2016.

US Treasury | Joana Taborda | joana.taborda@tradingeconomics.com
2/10/2017 7:17:23 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 -51257.00 -27516.00 189796.00 -231677.00 USD Million [+]
Government Spending 2914.90 2906.40 3113.00 557.10 USD Billion [+]
Government Revenues 344609.00 319204.00 471801.00 33111.00 USD Million [+]
Government Debt 19937261.00 19976827.00 19976827.00 253400.00 USD Million [+]
Fiscal Expenditure 292812.00 346720.00 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 34.00 38.10 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-51257.00 -27516.00 189796.00 -231677.00 1954 - 2017 USD Million Monthly
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