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A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3] Similar to Germany, Russia has a federative structure and a three layer budget system, here the total government spending is shown. [4]
The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. [8] Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [9]
WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...
List of countries by government budget; List of countries by government budget per capita; List of countries by tax revenue to GDP ratio; Europe: List of sovereign states in Europe by budget revenues; List of sovereign states in Europe by budget revenues per capita; United States: List of U.S. state budgets
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush) 2001 United States federal budget – $1.9 trillion (submitted 2000 by President Clinton) 2000 United States federal budget – $1.8 trillion (submitted 1999 by President Clinton) 1999 United States federal budget – $1.7 trillion (submitted 1998 by ...
The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 ... US budget deficit hits all-time high of $3.1 trillion ... It was the government's largest annual shortfall in ...
The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays ...