United States | Expense (% of GDP)

Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
United States
Records
63
Source
United States | Expense (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 17.79831289
1973 17.89633051
1974 17.88262429
1975 19.4705455
1976 19.7324454
1977 19.60298315
1978 19.12358357
1979 18.92108842
1980 20.54416974
1981 21.00472055
1982 22.46313987
1983 22.80273349
1984 21.47035885
1985 22.17480195
1986 22.23061203
1987 21.37433667
1988 21.03032634
1989 20.863127
1990 21.55892932
1991 22.88438583
1992 21.81838426
1993 21.41747268
1994 20.73145429
1995 20.53300442
1996 20.00539568
1997 19.38967579
1998 18.72132886
1999 18.10443785
2000 17.92653714
2001 19.50976281
2002 20.08400965
2003 20.66063261
2004 20.4485356
2005 20.74510298
2006 20.59513512
2007 20.86464527
2008 22.78762613
2009 25.57652018
2010 26.05460472
2011 25.34570583
2012 23.9119007
2013 22.93239685
2014 22.68409407
2015 22.48290639
2016 22.54757747
2017 22.29389316
2018 22.30277708
2019 22.68394003
2020 32.09019001
2021 31.2422875
2022 24.78886661

United States | Expense (% of GDP)

Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
United States
Records
63
Source