The Government expenditure in United States of America attained a value of USD 11,172,665.67 million in 2024
The indicator recorded a historical growth (CAGR) of 1.75% between 2021 to 2024, and is expected to grow by...
GlobalData projects the figure to grow at a CAGR of ...
The government expenditure in the United States was $9.2 trillion in 2021. Between 2018 and 2021, the government expenditure was highest in 2021 at $9.2 trillion and lowest in 2018 at $7.8 trillion. The government expenditure increased by 4.9% on a YoY basis in 2021 and increased by 17.9% between 2018 and 2021.
According to GlobalData, the US government spent more than $1.3 trillion on education in 2021. During 2017–20, public education expenditure as a percentage of GDP averaged 6%. The US higher education system is one of the best in the world. The nation had an adult literacy rate of around 99.0% in terms of both females and males in 2021.
Government expenditure refers to the general government sector, which is a consolidation of accounts for the central, state and local governments plus social security. Total outlays are defined as current outlays plus capital outlays.
The government spending is the total amount of public sector expenditure at any level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure.
The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure.
The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditure.
The health segment includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure.
The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure.
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