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

The US government posted a USD 176 billion budget deficit in March of 2017, compared to a USD 108 billion gap a year earlier and above market expectations of USD 167 billion. Outlays increased 17 percent to USD 393 billion while receipts fell by 5 percent to USD 217 billion. Government Budget Value in the United States averaged -16783.96 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)
2017-02-10 07:00 PM Jan $51B $-28B $40B $36.5B
2017-03-10 07:00 PM Feb $-192B $51B $-150B $ -60.7B
2017-04-12 06:00 PM Mar $-176B $-192B $-167B $ 4B
2017-05-10 06:00 PM Apr $-176B $ 17.9B
2017-06-12 06:00 PM May $ -92.4B
2017-07-13 06:00 PM Jun $ -143.4B




US Budget Deficit Beats Estimates In March


The US government posted a USD 176 billion budget deficit in March of 2017, compared to a USD 108 billion gap a year earlier and above market expectations of USD 167 billion. Outlays increased 17 percent to USD 393 billion while receipts fell by 5 percent to USD 217 billion.

In March, social security accounted for USD 79 billion of total outlays, medicare for USD 75 billion, defense for USD 46 billion, interest on debt for USD 30 billion and other expenses for the remaining USD 151 billion. Regarding receipts, social security and other payroll taxes accounted for USD 96 billion, individual income taxes for USD 84 billion, corporate income taxes for USD 13 billion and other taxes and duties for the remaining USD 24 billion.

Outlays for military active duty and retirement, veterans' benefits, supplemental security income, and medicare payments to health maintenance organizations and prescription drug plans accelerated into March, because April 1, 2017, the normal payment date, fell on a non-business day.

When adjusting for calendar effects, the March 2017 deficit was USD 140 billion.

The fiscal 2017 year-to-date deficit widened to USD 527 billion compared with USD 459 billion in the same period of fiscal 2016.

US Treasury | Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/12/2017 6:08:42 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 -176232.00 -192044.00 189796.00 -231677.00 USD Million [+]
Government Spending 2895.20 2907.60 3113.00 557.10 USD Billion [+]
Government Revenues 216584.00 171713.00 471801.00 33111.00 USD Million [+]
Government Debt 19846420.00 19959594.00 19976827.00 253400.00 USD Million [+]
Fiscal Expenditure 392816.00 363757.00 392816.00 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 12026.00 12517.00 12517.00 522.00 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-176232.00 -192044.00 189796.00 -231677.00 1954 - 2017 USD Million Monthly
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