United States: Central government deficit (% of GDP)
Percent of GDP · 1792–2025 · 234 observations · cgovdef_GDP
- 2025
- −3.12%percent of GDP
- Change on 2024
- +1.1 pointsfrom −4.26%
- Average, 2016–2025
- −3.82%10 years
- Record high and low
- 4.30% (1948)low −26.9% (1943)
Central government deficit (% of GDP)
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Percent of GDP
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Compare with other countries →Definition of Central government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2025 | -3.12 | |
| 2024 | -4.26 | |
| 2023 | -4.40 | |
| 2022 | -1.98 | |
| 2021 | -8.81 | |
| 2020 | -9.00 | |
| 2019 | -2.69 | |
| 2018 | -2.27 | |
| 2017 | -0.439 | |
| 2016 | -1.22 |
Sources
- Mitchell1792–1992
- Carter et al.1800–1939
- Federal Reserve Bank of St. Louis1929–2025
- World Development Indicators1972–2024
- IMF Government Finance Statistics1989–2025
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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