U.S. Government Spending As a Percentage of GDP -- Updated

Updates and supersedes October, 2003 entry.  (This entry still consistently receives the most hits of any entry on this blog.)

I have found that one of the most useful ways of looking at the government's role in society is by examining how much the government spends as a relation to the economy, measured most often by the Gross Domestic Product (GDP). For the United States, we calculate this on either or both the national and state/local levels using Table 1.1.5 and Tables 3.1 through 3.3 in the National Income and Product Accounts (NIPA) published by the Bureau of Economic Analysis (BEA). Here is the historical information. Federal subsidies for state/local programs (e.g. block grants for welfare programs) are counted as spending at the federal level.

Click on the following thumbnail for a clearer view.

Here is the underlying Excel file, released under the Creative Commons Share and Share Alike License.  I will try to update this file from time to time as the data is released.

It appears that the government has turned the corner on spending and the deficit is now shrinking as a percentage of the economy.  I would like to see a continual gradual reduction in federal spending to pre-Cold War  levels.

Note:  Currently, my calculations run off of total receipts and total expenditures, whereas my previous expenditures ran off of current receipts and current expenditures.  The instances where this makes a big difference is during war time.  See, for instance, World War II and Vietnam.

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