Us Budget Deficit 2024 % Of Gdp. The united states recorded a government budget deficit equal to 6.30 percent of the country's gross domestic product in 2023. Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028.
Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028. In fiscal year (fy) 2024, the federal government encountered a national deficit of $1.52 trillion as a consequence of its expenditures surpassing its revenues.
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