Budget balance in the United States in relation to gross domestic product (GDP) 2027
The budget balance in relation to the gross domestic product of the United States was forecast to decrease between 2022 and 2027 by in total three percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The budget balance is estimated to amount to -7.07 percent in 2027.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about the United States with key insights such as annual average consumer price index, ratio of national debt to gross domestic product and gross domestic product in current prices.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about the United States with key insights such as annual average consumer price index, ratio of national debt to gross domestic product and gross domestic product in current prices.
