United States - Government Revenues





United States: Government Revenues

Mnemonic GVREV.IUSA
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 43.2 %
Data Feb 2024 271,126
Jan 2024 477,320

Series Information

Source U.S. Department of the Treasury
Release Monthly Treasury Statement (MTS)
Frequency Monthly
Start Date 1/31/1954
End Date 2/29/2024

United States: Government

Reference Last Previous Units Frequency
Government Budget Balance Feb 2024 -296,275 -21,930 Mil. USD, NSA Monthly
Government Expenditures Feb 2024 567,401 499,250 Mil. USD, NSA Monthly
Government Revenues Feb 2024 271,126 477,320 Mil. USD, NSA Monthly
Outstanding Public Debt Feb 2024 34,471,082 34,191,150 Mil. USD Monthly
Gross External Debt 2023 Q3 8,741,194 8,545,084 Mil. USD, NSA Quarterly

Release Information

Measures of government budgets represent spending and revenue for all levels of government. Spending and revenues are based, in part, on legislation, which appropriates funds to be spent, and on tax laws specifying what is to be taxed and at what rate. The budget is in balance when spending equals revenue, in deficit when spending exceeds revenue and in surplus when revenue exceeds spending.

There are two measures of budgets. The official budget represents the legally recognized spending, revenues, and surplus or deficit that are used by governments in establishing actual figures. The statistical budget is consistent with the definitions in the National Income and Product Accounts (NIPA), which conform to the components of GDP.

The statistical budgets in the NIPA for the federal government are seasonally adjusted, whereas the monthly figures on the official federal budget are not seasonally adjusted.

The Monthly Treasury Statement (MTS) contains two different totals in each tabulation; the latter excludes interfund transactions.