United States Government Budget Surplus / Deficit (% of GDP)
1929–2024
- United States Government Budget Surplus / Deficit (% of GDP) is -7.1% in August 2024, after reporting a value of -5.5% in the previous month.
- United States Government Budget Surplus / Deficit (% of GDP) averaged -3.5% from December 1929 to August 2024, reaching an all time high of 4.3% in December 1948 and a record low of -26.9% in December 1943.
Source: U.S. Department of the Treasury
Related Indicators
| Name | Reference | Last | Previous | Unit |
|---|---|---|---|---|
| Government Budget Surplus / Deficit (% of GDP) | August 2024 | -7.1 | -5.5 | percent |
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