The main bars use the reconciled general government account for Oct 1, 2023 to Sep 30, 2024. Each bar is a share of its own revenue or expenditure total.
← All Countriesprovisional · General government
Country budget brief · Period ending 2024
United States
Oct 1, 2023 to Sep 30, 2024 · GFSM 2014 revenue classification
Revenue$8.73T
Expenditure$11.59T
Deficit$2.87T
Account sourceInternational Monetary FundStatement of operations
Country report
Integrated fiscal view
How government raises and spends money
Money in
$8.73TRevenue
Money out
$11.59TExpenditure
Supplementary lens
2022 · General government · OECDTax revenue by source
- Personal income taxes44.0%
- Social security contributions21.9%
- Goods and services taxes16.3%
- Property taxes10.4%
- Corporate income taxes7.4%
- Other published categories0.1%
Supplementary lens
FY2024 · Federal governmentFederal expenditure
- Social Security21.7%
- Health13.5%
- Net Interest13.1%
- Medicare13.0%
- National Defense13.0%
- Other published categories, net25.8%
Annual-account deficit$2.87TGeneral government · Oct 1, 2023 to Sep 30, 2024
Comparable deficit7.9%of GDP · General government · 2024
Gross debt122.3%of GDP · General government · 2024
How to read the chart
The OECD strip decomposes general-government tax revenue only. It is displayed beside the annual account but is not added to it.
The federal strip is a narrower expenditure account. It adds detail without replacing or being added to the government account. Its net remainder includes published negative offsetting receipts.
Evidence layers
Government annual accountCore evidence layer
Account boundary: This layer covers general government for Oct 1, 2023 to Sep 30, 2024. It includes central government, state government, local government. It is independently sourced and is not used in the international ranking on the all-country page.
Revenue by Source
9 categories · GFSM 2014 revenue classificationExpenditure Breakdown
10 categories · COFOG functionsFederal expenditureSeparate evidence layer
Separate federal layer: This panel reports only the federal government's actual expenditure. It is narrower than the general government account above and must not be added to it. Coverage is currently limited to 4 validated federal sources. Federal budget outlays, including Social Security and other federal trust-fund activity.
Federal Expenditure
Oct 1, 2023 to Sep 30, 2024 · OMB federal budget functional classificationOffice of Management and BudgetHistorical Tables, Table 3.2: Outlays by Function and Subfunction · final
OECD tax revenue by sourceSeparate evidence layer
Separate tax vintage: This is the latest common, fully reconciled OECD year for all 16 covered countries. It reports 2022 general-government tax revenue only, not total government revenue, and is not added to the 2024 account above.
Tax Revenue by Source
2022 · General government · OECD classificationIncome, profits and capital gains
Social security
Payroll
Property
Goods and services
Other
OECD Revenue StatisticsComparative tax revenues, dataflow version 1.1
Coverage & methodology
Comparable account
- Reference year
- 2024
- Reporting convention
- January/December
- Institutional scope
- General government
- Included units
- Central Government, State Government, Local Government
Government annual account
- Period
- Oct 1, 2023 to Sep 30, 2024
- Source reference
- 2024
- Scope
- General government
- Status
- provisional
- Unit
- billions of domestic currency
Sources by section:
Comparable account:
- International Monetary Fund · World Economic Outlook Database, April 2026
Government annual account:
- International Monetary Fund · urn:sdmx:org.sdmx.infomodel.datastructure.Dataflow=IMF.STA:GFS_SOO(12.0.0)
- International Monetary Fund · urn:sdmx:org.sdmx.infomodel.datastructure.Dataflow=IMF.STA:GFS_COFOG(11.0.0)
Federal expenditure layer:
- Office of Management and Budget · Historical Tables, Table 3.2: Outlays by Function and Subfunction
Comparable tax structure:
- OECD Revenue Statistics · Revenue Statistics in OECD member countries: Comparative tax revenues
Assembly rule: The integrated chart uses the government annual account as its core. OECD tax composition and federal expenditure appear as visually embedded but separately labelled lenses; different periods and scopes are never added together.
Interpretation: Largest reported category means the largest item in the named source classification. It does not imply that categories from different classifications, periods, or institutional scopes are directly interchangeable.
Methodology: Annual-account records are final or provisional observations for one annual period ending in 2024. Published categories reconcile to their totals, and revenue minus expenditure reconciles to the displayed balance. National dataset generated 9/19/2026.