United States | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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 of America
Records
63
Source
United States | Goods and services expense (current LCU)
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52410000000 1972
55050000000 1973
55500000000 1974
64040000000 1975
61560000000 1976
71030000000 1977
80460000000 1978
87310000000 1979
107950000000 1980
125750000000 1981
143900000000 1982
168120000000 1983
178050000000 1984
198650000000 1985
213640000000 1986
213350000000 1987
224080000000 1988
237190000000 1989
229420000000 1990
249360000000 1991
246510000000 1992
233090000000 1993
229560000000 1994
219300000000 1995
211290000000 1996
218150000000 1997
217850000000 1998
222860000000 1999
235290000000 2000
150568700000 2001
177687000000 2002
212893100000 2003
241863700000 2004
259153600000 2005
275384000000 2006
282586600000 2007
328851800000 2008
351398300000 2009
383081200000 2010
371961700000 2011
357336800000 2012
318407000000 2013
305086700000 2014
298484500000 2015
297305800000 2016
301938700000 2017
327683700000 2018
359669700000 2019
384538500000 2020
419098700000 2021
434981600000 2022
United States | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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 of America
Records
63
Source