| United States |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices. Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: Yes, from 1980
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
19,091.650 |
18,422.525 |
19,598.939 |
2020 |
| United States |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
2.161 |
-3.505 |
6.386 |
2020 |
| United States |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices. Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: Yes, from 1980
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
21,433.225 |
20,932.750 |
22,675.271 |
2020 |
| United States |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
21,433.225 |
20,932.750 |
22,675.271 |
2020 |
| United States |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
21,433.225 |
20,932.750 |
22,675.271 |
2020 |
| United States |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
112.265 |
113.626 |
115.696 |
2020 |
| United States |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
58,124.586 |
55,811.232 |
59,041.557 |
2019 |
| United States |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
62,605.879 |
60,114.170 |
63,593.546 |
2019 |
| United States |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
65,253.518 |
63,415.985 |
68,308.968 |
2019 |
| United States |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
65,253.518 |
63,415.985 |
68,308.968 |
2019 |
| United States |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
65,253.518 |
63,415.985 |
68,308.968 |
2019 |
| United States |
Output gap in percent of potential GDP |
Percent of potential GDP |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
0.967 |
-3.118 |
0.589 |
2020 |
| United States |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
15.902 |
15.900 |
15.973 |
2020 |
| United States |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
1.000 |
1.000 |
1.000 |
2020 |
| United States |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices. Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: Yes, from 1980
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
21.014 |
20.988 |
21.638 |
2020 |
| United States |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices. Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: Yes, from 1980
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
18.608 |
17.802 |
17.523 |
2020 |
| United States |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: Base is 1982-1984=100
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
255.653 |
258.844 |
264.705 |
2020 |
| United States |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
1.812 |
1.248 |
2.264 |
2020 |
| United States |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: Base is 1982-1984=100
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
258.180 |
261.693 |
267.808 |
2020 |
| United States |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
2.063 |
1.361 |
2.336 |
2020 |
| United States |
Six-month London interbank offered rate (LIBOR) |
Percent |
|
|
2.320 |
0.691 |
0.272 |
2020 |
| United States |
Volume of imports of goods and services |
Percent change |
|
Source: National Statistics Office
Latest actual data: 2020
Base year: 2012
Methodology used to derive volumes: Other
Formula used to derive volumes: Fisher
Chain-weighted: Yes, from 1980
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;. Oil imports is petroleum and product imports and oil exports is petroleum and product exports as published in the national income and product accounts
Valuation of exports: Other
Valuation of imports: Other
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
1.080 |
-9.285 |
18.868 |
2020 |
| United States |
Volume of Imports of goods |
Percent change |
|
Source: National Statistics Office
Latest actual data: 2020
Base year: 2012
Methodology used to derive volumes: Other
Formula used to derive volumes: Fisher
Chain-weighted: Yes, from 1980
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;. Oil imports is petroleum and product imports and oil exports is petroleum and product exports as published in the national income and product accounts
Valuation of exports: Other
Valuation of imports: Other
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
0.483 |
-6.062 |
20.910 |
2020 |
| United States |
Volume of exports of goods and services |
Percent change |
|
Source: National Statistics Office
Latest actual data: 2020
Base year: 2012
Methodology used to derive volumes: Other
Formula used to derive volumes: Fisher
Chain-weighted: Yes, from 1980
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;. Oil imports is petroleum and product imports and oil exports is petroleum and product exports as published in the national income and product accounts
Valuation of exports: Other
Valuation of imports: Other
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-0.118 |
-12.970 |
10.486 |
2020 |
| United States |
Volume of exports of goods |
Percent change |
|
Source: National Statistics Office
Latest actual data: 2020
Base year: 2012
Methodology used to derive volumes: Other
Formula used to derive volumes: Fisher
Chain-weighted: Yes, from 1980
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;. Oil imports is petroleum and product imports and oil exports is petroleum and product exports as published in the national income and product accounts
Valuation of exports: Other
Valuation of imports: Other
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-0.104 |
-9.473 |
15.235 |
2020 |
| United States |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2020
Employment type: National definition
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
3.683 |
8.108 |
5.791 |
2020 |
| United States |
Employment |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Employment type: National definition
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
157.536 |
147.794 |
153.698 |
2020 |
| United States |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2019
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
328.461 |
330.086 |
331.952 |
2019 |
| United States |
General government revenue |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
6,428.919 |
6,350.408 |
6,804.763 |
2019 |
| United States |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
29.995 |
30.337 |
30.010 |
2019 |
| United States |
General government total expenditure |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
7,647.498 |
9,666.476 |
10,213.305 |
2019 |
| United States |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
35.681 |
46.179 |
45.042 |
2019 |
| United States |
General government net lending/borrowing |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-1,218.579 |
-3,316.068 |
-3,408.541 |
2019 |
| United States |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-5.685 |
-15.842 |
-15.032 |
2019 |
| United States |
General government structural balance |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-1,303.723 |
-2,535.785 |
-2,898.693 |
2019 |
| United States |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
-6.142 |
-11.738 |
-12.860 |
2019 |
| United States |
General government primary net lending/borrowing |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-735.852 |
-2,849.044 |
-3,010.872 |
2019 |
| United States |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-3.433 |
-13.610 |
-13.278 |
2019 |
| United States |
General government net debt |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
17,790.802 |
21,596.591 |
24,719.499 |
2019 |
| United States |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
83.006 |
103.171 |
109.015 |
2019 |
| United States |
General government gross debt |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
23,188.591 |
26,608.344 |
30,121.645 |
2019 |
| United States |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
108.190 |
127.113 |
132.839 |
2019 |
| United States |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2019. Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital transfer to the government in the GFS, was removed from government revenue. Staff's baseline projection embeds the impact of this tax provision over time to reflect the fact that corporations have eight years to pay off this tax liability.
Notes: Revenue, expenditure, and net lending data are is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Fiscal assumptions: Fiscal projections are based on the September 2020 Congressional Budget Office baseline adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections then incorporate the effects of the American Rescue Plan, Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act, the Coronavirus Aid, Relief, and the Paycheck Protection Program and Health Care Enhancement Act. Finally, fiscal projections are adjusted to reflect the IMF staff’s forecasts for key macroeconomic and financial variables and different accounting treatment of financial sector support and of defined-benefit pension plans and are converted to a general government basis. Data is compiled using SNA 2008, and when translated into GFS this is in accordance with GFSM 2014. Due to data limitations, most series begin 2001.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans; Insurance Technical Reserves; Financial Derivatives; Monetary Gold and SDRs
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
21,433.225 |
20,932.750 |
22,675.271 |
2019 |
| United States |
Current account balance |
U.S. dollars |
Billions |
Source: National Statistics Office
Latest actual data: 2019
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: U.S. dollar
Data last updated: 03/2021
|
-480.225 |
-646.399 |
-876.355 |
2019 |
| United States |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-2.241 |
-3.088 |
-3.865 |
2019 |
