United States |
Total investment |
Percent of GDP |
Units |
Source: National Statistics Office
Latest actual data: 2023
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.
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2017
Chain-weighted: Yes, from 1980
Primary domestic currency: US dollar
Data last updated: 03/2024
|
21.882 |
21.331 |
21.467 |
21.609 |
21.860 |
22.007 |
2023 |
United States |
Gross national savings |
Percent of GDP |
Units |
Source: National Statistics Office
Latest actual data: 2023
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.
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2017
Chain-weighted: Yes, from 1980
Primary domestic currency: US dollar
Data last updated: 03/2024
|
18.256 |
16.584 |
16.909 |
17.137 |
17.543 |
17.891 |
2023 |
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: 2022
Notes: 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. Revenue, expenditure, and net lending data are 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 Feb 2024 Congressional Budget Office baseline and the latest treasury monthly statement, adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections incorporate the effects of the Fiscal Responsibility Act.
Reporting in calendar year: Yes. Original Federal Government data are in Fiscal year, all else in calendar year.
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; Insurance Technical Reserves; Financial Derivatives
Primary domestic currency: US dollar
Data last updated: 03/2024
|
8,422.249 |
8,009.388 |
8,781.631 |
9,071.464 |
9,623.633 |
10,073.597 |
2022 |
United States |
General government revenue |
Percent of GDP |
Units |
See notes for:
General government revenue (National currency).
|
32.715 |
29.276 |
30.512 |
30.401 |
31.025 |
31.212 |
2022 |
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: 2022
Notes: 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. Revenue, expenditure, and net lending data are 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 Feb 2024 Congressional Budget Office baseline and the latest treasury monthly statement, adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections incorporate the effects of the Fiscal Responsibility Act.
Reporting in calendar year: Yes. Original Federal Government data are in Fiscal year, all else in calendar year.
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; Insurance Technical Reserves; Financial Derivatives
Primary domestic currency: US dollar
Data last updated: 03/2024
|
9,470.235 |
10,414.417 |
10,662.788 |
11,176.275 |
11,656.846 |
12,090.487 |
2022 |
United States |
General government total expenditure |
Percent of GDP |
Units |
See notes for:
General government total expenditure (National currency).
|
36.786 |
38.067 |
37.048 |
37.454 |
37.580 |
37.461 |
2022 |
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: 2022
Notes: 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. Revenue, expenditure, and net lending data are 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 Feb 2024 Congressional Budget Office baseline and the latest treasury monthly statement, adjusted for the IMF staff’s policy and macroeconomic assumptions. Projections incorporate the effects of the Fiscal Responsibility Act.
Reporting in calendar year: Yes. Original Federal Government data are in Fiscal year, all else in calendar year.
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; Insurance Technical Reserves; Financial Derivatives
Primary domestic currency: US dollar
Data last updated: 03/2024
|
30,899.571 |
33,416.988 |
35,474.270 |
37,762.697 |
39,980.930 |
42,183.660 |
2022 |
United States |
General government gross debt |
Percent of GDP |
Units |
See notes for:
General government gross debt (National currency).
|
120.026 |
122.148 |
123.256 |
126.552 |
128.893 |
130.703 |
2022 |
United States |
Current account balance |
U.S. dollars |
Billions |
Source: National Statistics Office
Latest actual data: 2022
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: US dollar
Data last updated: 03/2024
|
-971.594 |
-812.746 |
-732.648 |
-758.352 |
-763.234 |
-752.444 |
2022 |
United States |
Current account balance |
Percent of GDP |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-3.774 |
-2.971 |
-2.546 |
-2.541 |
-2.461 |
-2.331 |
2022 |