Deficit, Percent of own spending (Central government) in United States
United States: Deficit, Percent of own spending (Central government) was -0.6264 in 2020. ◆ Volatile
Deficit, Percent of own spending in United States, 1989–2020
Source: International Monetary Fund.
Analysis
United States recorded -0.6264 for deficit, percent of own spending in 2020. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 136.9% on the previous year and down 16.0% over ten years.
Over the whole period, deficit, percent of own spending in United States peaked at 0.2074 in 2000 and was at its lowest, -0.6264, in 2020.
United States ranks 62nd of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending (Central government) in United States, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | -0.2261 | — |
| 1990 | -0.2893 | +28.0% |
| 1991 | -0.3021 | +4.4% |
| 1992 | -0.3137 | +3.8% |
| 1993 | -0.265 | -15.5% |
| 1994 | -0.2111 | -20.3% |
| 1995 | -0.1404 | -33.5% |
| 1996 | -0.0814 | -42.0% |
| 1997 | 0.02 | -124.5% |
| 1998 | 0.1036 | +418.8% |
| 1999 | 0.122 | +17.7% |
| 2000 | 0.2074 | +70.0% |
| 2001 | 0.0528 | -74.6% |
| 2002 | -0.2088 | -495.6% |
| 2003 | -0.3174 | +52.0% |
| 2004 | -0.3019 | -4.9% |
| 2005 | -0.2115 | -29.9% |
| 2006 | -0.0926 | -56.2% |
| 2007 | -0.1116 | +20.5% |
| 2008 | -0.3101 | +177.9% |
| 2009 | -0.5796 | +86.9% |
| 2010 | -0.5402 | -6.8% |
| 2011 | -0.4309 | -20.2% |
| 2012 | -0.3325 | -22.8% |
| 2013 | -0.136 | -59.1% |
| 2014 | -0.1137 | -16.4% |
| 2015 | -0.0627 | -44.9% |
| 2016 | -0.1245 | +98.7% |
| 2017 | -0.0253 | -79.6% |
| 2018 | -0.2372 | +836.0% |
| 2019 | -0.2644 | +11.5% |
| 2020 | -0.6264 | +136.9% |
United States compared with similar countries
- United States's -0.6264 is below the median for high income countries, which is -0.2946, 2.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Deficit, Percent of own spending (Central government) in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | -836.0% | -0.0253 | -0.2372 |
| 2002 | -495.6% | 0.0528 | -0.2088 |
| 1998 | +418.8% | 0.02 | 0.1036 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.2261 | -0.2261 | -0.2261 | 1 |
| 1990s | -0.1357 | -0.3137 | 0.122 | 10 |
| 2000s | -0.1873 | -0.5796 | 0.2074 | 10 |
| 2010s | -0.2268 | -0.5402 | -0.0253 | 10 |
| 2020s | -0.6264 | -0.6264 | -0.6264 | 1 |
Countries ranked near United States
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Frequently asked questions
- What is deficit, percent of own spending in United States?
- Deficit, percent of own spending in United States was -0.6264 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in United States?
- The highest recorded value was 0.2074 in 2000.
- What is the lowest deficit, percent of own spending recorded in United States?
- The lowest recorded value was -0.6264 in 2020.
- How does United States rank for deficit, percent of own spending?
- United States ranks 62nd out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in United States?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is volatile.
- Where does this United States data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.