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

The US government posted a USD 182 billion budget surplus in April of 2017, compared to a USD 106.5 billion surplus a year earlier and well above market expectations of USD 175.9 billion deficit. Outlays decreased 18 percent to USD 273 billion while receipts rose by 4 percent to USD 456 billion. Government Budget Value in the United States averaged -16731.64 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)
2017-03-10 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 $182B $-176B $-175.8B $ -170B
2017-06-12 06:00 PM May $182B $ -154.6B
2017-07-13 06:00 PM Jun $ -169.1B
2017-08-10 06:00 PM Jul $ 1.1B




US Government Budget Surplus Widens In April


The US government posted a USD 182 billion budget surplus in April of 2017, compared to a USD 106.5 billion surplus a year earlier and well above market expectations of USD 175.9 billion deficit. Outlays decreased 18 percent to USD 273 billion while receipts rose by 4 percent to USD 456 billion.

In April, social security accounted for USD 79 billion of total outlays, medicare for USD 22 billion, defense for USD 40 billion, interest on debt for USD 27 billion and other expenses for the remaining USD 104 billion. Regarding receipts, social security and other payroll taxes accounted for USD 123 billion, individual income taxes for USD 249 billion, corporate income taxes for USD 90 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. The impact of large individual tax deposits resulted in budget receipts of USD 455.6 billion and a surplus of USD 182.4 billion. The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 shifted the final payment due date for most corporations from mid-March to mid-April. As a result, a significant amount of corporation income tax receipts moved from March to April. 

When adjusting for calendar effects, the April 2017 surplus was USD 145 billion compared with USD 146 billion surplus a year ago.

The fiscal 2017 year-to-date deficit narrowed to USD 344 billion compared with USD 353 billion in the same period of fiscal 2016.

US Treasury | Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/10/2017 6:17:53 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 182428.00 -176232.00 189796.00 -231677.00 USD Million [+]
Government Spending 2895.20 2907.60 3113.00 557.10 USD Billion [+]
Government Revenues 455605.00 216584.00 471801.00 33111.00 USD Million [+]
Government Debt 19846129.00 19846420.00 19976827.00 253400.00 USD Million [+]
Fiscal Expenditure 273177.00 392816.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
182428.00 -176232.00 189796.00 -231677.00 1954 - 2017 USD Million Monthly
Current Prices, NSA



government budget value by Country

Last
Australia -1122.00 Mar/17
Brazil -54348.80 Mar/17
Canada 1293.00 Feb/17
China -169.50 Mar/17
France -29.60 Mar/17
Germany -5.10 Sep/16
India -6056.14 Feb/17
Indonesia -305229.70 Dec/16
Italy -11.09 Mar/17
Japan -44416.00 Dec/16
Mexico -1930.00 Feb/17
Netherlands 15.90 Mar/17
Russia -511.09 Apr/17
South Korea -3918.00 Mar/17
Spain -5659.00 Mar/17
Switzerland 1323.00 Dec/17
Turkey -2.96 Apr/17
United Kingdom 1705.00 Mar/17
United States 182428.00 Apr/17