|Tweet|| ||Contact||Follow @chrischantrill|
Currently, state governments in the United States spend about 8.5 percent of GDP on programs and local governments spend about 10 percent of GDP on programs.
In the post World War II era, state and local spending increased steadily for decades, reaching a peak after the Crash of 2008, when state spending reached 9.7 percent of GDP in 2010 and local spending reached 11.4 percent of GDP in 2009. Spending has since decreased, with state spending down to an estimated 8.7 percent GDP in 2015 and local spending to 9.6 percent GDP in 2015.
Find NATIONAL DEBT today.
ENTITLEMENT SPENDING history.
See SPENDING ANALYSIS briefing.
See SPENDING HISTORY briefing.
Take a COURSE at Spending 101.
Make your own CUSTOM CHART.
Spending data is from official government sources.
Detailed table of spending data sources here.
Federal spending data begins in 1792.
State and local spending data begins in 1890.
State and local spending data for individual states begins in 1957.
File a valid bug report and get a $5 Amazon Gift Certificate.
> State Finances FY13
Source: CBO Long-Term Budget Outlook .