Deficit, Percent of own spending in United States of America
United States of America: Deficit, Percent of own spending was -0.6264 in 2020. ◆ Volatile
Deficit, Percent of own spending in United States of America, 1989–2020
Source: International Monetary Fund.
Analysis
United States of America 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 of America peaked at 0.2074 in 2000 and was at its lowest, -0.6264, in 2020.
United States of America 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 in United States of America, 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% |
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 of America
More public sector data for United States of America
- Arms imports 1.21 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.56 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 52.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.21 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,933 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.034 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.87 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 997.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 86.58 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in United States of America?
- Deficit, percent of own spending in United States of America was -0.6264 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in United States of America?
- The highest recorded value was 0.2074 in 2000.
- What is the lowest deficit, percent of own spending recorded in United States of America?
- The lowest recorded value was -0.6264 in 2020.
- How does United States of America rank for deficit, percent of own spending?
- United States of America ranks 62nd out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in United States of America?
- 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 of America 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.