United States: Government deficit (% of GDP)
Percent of GDP · 1792–2025 · 234 observations · forecasts to 2031 · govdef_GDP
- 2025
- −7.27%percent of GDP
- Change on 2024
- +0.6 pointsfrom −7.91%
- Average, 2016–2025
- −7.63%10 years
- Record high and low
- 2.00% (1816)low −19.3% (1943)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -7.39 | Forecast |
| 2030 | -7.47 | Forecast |
| 2029 | -7.45 | Forecast |
| 2028 | -7.59 | Forecast |
| 2027 | -7.70 | Forecast |
| 2026 | -7.97 | Forecast |
| 2025 | -7.27 | |
| 2024 | -7.91 | |
| 2023 | -7.85 | |
| 2022 | -3.69 | |
| 2021 | -11.9 | |
| 2020 | -15.0 | |
| 2019 | -6.69 | |
| 2018 | -6.15 | |
| 2017 | -4.45 | |
| 2016 | -5.43 |
Sources
This series is derived from other GMD variables.
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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