Government expenditure vs gdp in United States of America
United States of America: Government expenditure vs gdp was 3.03 trillion in 2024. ▲ Rising
Latest (2024)
3.03 trillion
Change on year
up 3.3%
World rank
1st
of 166 countries
All-time high
3.03 trillion
in 2024
All-time low
1.37 trillion
in 1973
Years of data
55
1970–2024
Government expenditure vs gdp in United States of America, 1970–2024
Source: Our World in Data.
Analysis
In 2024, government expenditure vs gdp in United States of America stood at 3.03 trillion. That is the highest value across all 55 years on record.
The figure is up 3.3% on the previous year and up 18.4% over ten years.
Over the whole period, government expenditure vs gdp in United States of America peaked at 3.03 trillion in 2024 and was at its lowest, 1.37 trillion, in 1973.
United States of America ranks 1st of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Government expenditure vs gdp in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 1.38 trillion | — |
| 1971 | 1.38 trillion | +0.1% |
| 1972 | 1.38 trillion | +0.3% |
| 1973 | 1.37 trillion | -0.9% |
| 1974 | 1.40 trillion | +2.2% |
| 1975 | 1.44 trillion | +2.4% |
| 1976 | 1.44 trillion | +0.0% |
| 1977 | 1.46 trillion | +1.8% |
| 1978 | 1.49 trillion | +1.8% |
| 1979 | 1.50 trillion | +0.8% |
| 1980 | 1.52 trillion | +1.5% |
| 1981 | 1.55 trillion | +1.6% |
| 1982 | 1.58 trillion | +2.3% |
| 1983 | 1.63 trillion | +3.0% |
| 1984 | 1.66 trillion | +1.5% |
| 1985 | 1.73 trillion | +4.8% |
| 1986 | 1.81 trillion | +4.6% |
| 1987 | 1.85 trillion | +2.0% |
| 1988 | 1.89 trillion | +2.0% |
| 1989 | 1.94 trillion | +3.1% |
| 1990 | 2.00 trillion | +2.7% |
| 1991 | 2.03 trillion | +1.7% |
| 1992 | 2.05 trillion | +0.7% |
| 1993 | 2.04 trillion | -0.1% |
| 1994 | 2.06 trillion | +0.5% |
| 1995 | 2.06 trillion | +0.3% |
| 1996 | 2.07 trillion | +0.5% |
| 1997 | 2.11 trillion | +1.8% |
| 1998 | 2.15 trillion | +1.9% |
| 1999 | 2.21 trillion | +2.8% |
| 2000 | 2.24 trillion | +1.5% |
| 2001 | 2.32 trillion | +3.6% |
| 2002 | 2.41 trillion | +3.8% |
| 2003 | 2.45 trillion | +1.7% |
| 2004 | 2.49 trillion | +1.5% |
| 2005 | 2.51 trillion | +0.8% |
| 2006 | 2.54 trillion | +1.2% |
| 2007 | 2.58 trillion | +1.6% |
| 2008 | 2.64 trillion | +2.4% |
| 2009 | 2.76 trillion | +4.2% |
| 2010 | 2.76 trillion | +0.0% |
| 2011 | 2.67 trillion | -3.1% |
| 2012 | 2.63 trillion | -1.5% |
| 2013 | 2.58 trillion | -1.9% |
| 2014 | 2.56 trillion | -0.8% |
| 2015 | 2.60 trillion | +1.7% |
| 2016 | 2.65 trillion | +1.8% |
| 2017 | 2.65 trillion | -0.1% |
| 2018 | 2.68 trillion | +1.4% |
| 2019 | 2.79 trillion | +3.9% |
| 2020 | 2.87 trillion | +3.0% |
| 2021 | 2.89 trillion | +0.5% |
| 2022 | 2.85 trillion | -1.3% |
| 2023 | 2.93 trillion | +3.0% |
| 2024 | 3.03 trillion | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.42 trillion | 1.37 trillion | 1.50 trillion | 10 |
| 1980s | 1.72 trillion | 1.52 trillion | 1.94 trillion | 10 |
| 1990s | 2.08 trillion | 2.00 trillion | 2.21 trillion | 10 |
| 2000s | 2.49 trillion | 2.24 trillion | 2.76 trillion | 10 |
| 2010s | 2.66 trillion | 2.56 trillion | 2.79 trillion | 10 |
| 2020s | 2.92 trillion | 2.85 trillion | 3.03 trillion | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7547 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 67,946 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.16 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.8172 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 73,574 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.79 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1847 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is government expenditure vs gdp in United States of America?
- Government expenditure vs gdp in United States of America was 3.03 trillion in 2024, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in United States of America?
- The highest recorded value was 3.03 trillion in 2024.
- What is the lowest government expenditure vs gdp recorded in United States of America?
- The lowest recorded value was 1.37 trillion in 1973.
- How does United States of America rank for government expenditure vs gdp?
- United States of America ranks 1st out of 166 countries with data for 2024.
- Is government expenditure vs gdp rising or falling in United States of America?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
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