United States | Goods and services expense (% of expense)

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
Records
63
Source
United States | Goods and services expense (% of expense)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 23.02117192
1973 21.58061861
1974 20.08468136
1975 19.52081936
1976 16.65269024
1977 17.40504778
1978 17.8915301
1979 17.56316382
1980 18.38980597
1981 18.66751778
1982 19.1580573
1983 20.28817609
1984 20.53893804
1985 20.64625426
1986 20.98459846
1987 20.55850526
1988 20.34797138
1989 20.15191035
1990 17.84550284
1991 17.69451836
1992 17.32776618
1993 15.86801277
1994 15.19510177
1995 13.97999579
1996 13.0824861
1997 13.11659732
1998 12.83978122
1999 12.78108816
2000 12.80392242
2001 7.29319518
2002 8.09506461
2003 8.99431738
2004 9.68137492
2005 9.58055639
2006 9.67842564
2007 9.35718427
2008 9.77068069
2009 9.48959504
2010 9.77011632
2011 9.40755583
2012 9.19399222
2013 8.24344576
2014 7.66315983
2015 7.29212825
2016 7.05302543
2017 6.95349741
2018 7.15553773
2019 7.41579702
2020 5.68983151
2021 5.75355897
2022 6.8976671

United States | Goods and services expense (% of expense)

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
Records
63
Source