Data / Government balance / United States

Government balance in United States

Government balance in the United States was -8% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is down 0.1 pts from 2023. That is the 37th highest of 38 countries in 2024.

2024, % of GDP-8
Change on 2023-0.1 pts
Rank37th of 38Countries ranked
Series high0.32000
Series low-152020

Government balance in United States, 1970 to 2024

-15-10-505197019781986199420022010201820241970: -4.4 % of GDP1971: -5.3 % of GDP1972: -4 % of GDP1973: -2.7 % of GDP1974: -3.3 % of GDP1975: -7.3 % of GDP1976: -5.2 % of GDP1977: -4 % of GDP1978: -3.1 % of GDP1979: -2.6 % of GDP1980: -4 % of GDP1981: -3.6 % of GDP1982: -6.2 % of GDP1983: -6.9 % of GDP1984: -5.8 % of GDP1985: -6 % of GDP1986: -6.2 % of GDP1987: -5.2 % of GDP1988: -4.5 % of GDP1989: -4.3 % of GDP1990: -5.2 % of GDP1991: -6.1 % of GDP1992: -7.1 % of GDP1993: -6.3 % of GDP1994: -5 % of GDP1995: -4.6 % of GDP1996: -3.5 % of GDP1997: -2.1 % of GDP1998: -0.9 % of GDP1999: -0.5 % of GDP2000: 0.3 % of GDP2001: -1.9 % of GDP2002: -5.3 % of GDP2003: -6.4 % of GDP2004: -5.8 % of GDP2005: -4.5 % of GDP2006: -3.3 % of GDP2007: -4 % of GDP2008: -7.4 % of GDP2009: -13.1 % of GDP2010: -12.4 % of GDP2011: -11 % of GDP2012: -9.2 % of GDP2013: -5.8 % of GDP2014: -5.2 % of GDP2015: -4.6 % of GDP2016: -5.4 % of GDP2017: -4.4 % of GDP2018: -6.1 % of GDP2019: -6.7 % of GDP2020: -15 % of GDP2021: -12 % of GDP2022: -3.7 % of GDP2023: -8 % of GDP2024: -8 % of GDP
% of GDP. Source: OECD, OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved 2026-10-12, published 2026-10-12.
All 55 values
Period% of GDP
2024-8
2023-8
2022-3.7
2021-12
2020-15
2019-6.7
2018-6.1
2017-4.4
2016-5.4
2015-4.6
2014-5.2
2013-5.8
2012-9.2
2011-11
2010-12.4
2009-13.1
2008-7.4
2007-4
2006-3.3
2005-4.5
2004-5.8
2003-6.4
2002-5.3
2001-1.9
20000.3
1999-0.5
1998-0.9
1997-2.1
1996-3.5
1995-4.6
1994-5
1993-6.3
1992-7.1
1991-6.1
1990-5.2
1989-4.3
1988-4.5
1987-5.2
1986-6.2
1985-6
1984-5.8
1983-6.9
1982-6.2
1981-3.6
1980-4
1979-2.6
1978-3.1
1977-4
1976-5.2
1975-7.3
1974-3.3
1973-2.7
1972-4
1971-5.3
1970-4.4

Rankings

Definition

General government net lending (+) or net borrowing (-) as a percentage of GDP.

How to cite

OECD. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the government balance as a share of GDP in United States?

Government balance in the United States was -8% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is down 0.1 pts from 2023. That is the 37th highest of 38 countries in 2024.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved by Invokely on 2026-10-12.

What was the highest government balance as a share of GDP in United States?

0.3% of GDP in 2000, the highest value since 1970 in this series.

Government balance in other countries

Related statistics for United States

All statistics for United States