United States — General government deficit (% of GDP)
% of GDP · Annual · 1800–2031 · 232 observations
About this series
The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
For the United States, the general government deficit reading stood at −7.27% of GDP in 2025. Against −8.07% of GDP in 2024, the period change was +0.79 percentage points. It was above the selected 10-year average of −7.67% of GDP.
Get the full series
- Annual data, 1800–2031
- Quarterly data, 1960–2027
- All 6 sources, downloadable
Latest observations
2000–2031
| Period | Value |
|---|---|
| 2031 | -7.39 % of GDP |
| 2030 | -7.47 % of GDP |
| 2029 | -7.45 % of GDP |
| 2028 | -7.59 % of GDP |
| 2027 | -7.7 % of GDP |
15 earlier values
| 2026 | -7.97 % of GDP |
| 2025 | -7.27 % of GDP |
| 2024 | -8.07 % of GDP |
| 2023 | -7.98 % of GDP |
| 2022 | -3.73 % of GDP |
| 2021 | -12 % of GDP |
| 2020 | -15 % of GDP |
| 2019 | -6.69 % of GDP |
| 2018 | -6.12 % of GDP |
| 2017 | -4.43 % of GDP |
| 2016 | -5.39 % of GDP |
| 2015 | -4.6 % of GDP |
| 2014 | -5.18 % of GDP |
| 2013 | -5.83 % of GDP |
| 2012 | -9.21 % of GDP |
Values before 2012, back to 2000, are on the chart — hover to read them.