United States - Government Expenditures





United States: Government Expenditures

Mnemonic GVEXT.IUSA
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 7.51 %
Data Dec 2021 508,041
Nov 2021 472,543

Series Information

Source U.S. Department of the Treasury
Release Monthly Treasury Statement (MTS)
Frequency Monthly
Start Date 1/31/1954
End Date 12/31/2021

United States: Government

Reference Last Previous Units Frequency
Government Budget Balance Dec 2021 -21,303 -191,335 Mil. USD, NSA Monthly
Government Expenditures Dec 2021 508,041 472,543 Mil. USD, NSA Monthly
Government Revenues Dec 2021 486,738 281,208 Mil. USD, NSA Monthly
Outstanding Public Debt Dec 2021 29,617,214 28,907,987 Mil. USD Monthly
Gross External Debt 2021 Q2 7,566,172 7,137,885 Mil. USD, NSA Quarterly

Release Information

Measures of government budgets represent spending and revenue for all levels of government. Spending and revenues are based, in part, on legislation, which appropriates funds to be spent, and on tax laws specifying what is to be taxed and at what rate. The budget is in balance when spending equals revenue, in deficit when spending exceeds revenue and in surplus when revenue exceeds spending.

There are two measures of budgets. The official budget represents the legally recognized spending, revenues, and surplus or deficit that are used by governments in establishing actual figures. The statistical budget is consistent with the definitions in the National Income and Product Accounts (NIPA), which conform to the components of GDP.

The statistical budgets in the NIPA for the federal government are seasonally adjusted, whereas the monthly figures on the official federal budget are not seasonally adjusted.

The Monthly Treasury Statement (MTS) contains two different totals in each tabulation; the latter excludes interfund transactions.