United States - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in United States was 398,002,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 398,002,000,000 in 2020 and a minimum value of 52,410,000,000 in 1972.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 52,410,000,000
1973 55,050,000,000
1974 55,500,000,000
1975 64,040,000,000
1976 61,560,000,000
1977 71,030,000,000
1978 80,460,000,000
1979 87,310,000,000
1980 107,950,000,000
1981 125,750,000,000
1982 143,900,000,000
1983 168,120,000,000
1984 178,050,000,000
1985 198,650,000,000
1986 213,640,000,000
1987 213,350,000,000
1988 224,080,000,000
1989 237,190,000,000
1990 229,420,000,000
1991 249,360,000,000
1992 246,510,000,000
1993 233,090,000,000
1994 229,560,000,000
1995 219,300,000,000
1996 211,290,000,000
1997 218,150,000,000
1998 217,850,000,000
1999 222,860,000,000
2000 235,290,000,000
2001 151,198,000,000
2002 178,857,000,000
2003 213,772,000,000
2004 242,276,000,000
2005 259,574,000,000
2006 275,782,000,000
2007 283,052,000,000
2008 329,679,000,000
2009 352,251,000,000
2010 383,971,000,000
2011 372,650,000,000
2012 357,949,000,000
2013 320,518,000,000
2014 309,090,000,000
2015 305,494,000,000
2016 311,073,000,000
2017 315,679,000,000
2018 348,572,000,000
2019 379,462,000,000
2020 398,002,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in United States was 5.76 as of 2020. Its highest value over the past 48 years was 23.02 in 1972, while its lowest value was 5.76 in 2020.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 23.02
1973 21.58
1974 20.08
1975 19.52
1976 16.65
1977 17.41
1978 17.89
1979 17.56
1980 18.39
1981 18.67
1982 19.16
1983 20.29
1984 20.54
1985 20.65
1986 20.98
1987 20.56
1988 20.35
1989 20.15
1990 17.85
1991 17.69
1992 17.33
1993 15.87
1994 15.20
1995 13.98
1996 13.08
1997 13.12
1998 12.84
1999 12.78
2000 12.80
2001 7.32
2002 8.14
2003 9.03
2004 9.70
2005 9.59
2006 9.69
2007 9.37
2008 9.79
2009 9.51
2010 9.79
2011 9.42
2012 9.21
2013 8.29
2014 7.76
2015 7.45
2016 7.36
2017 7.25
2018 7.58
2019 7.81
2020 5.76

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance