United States - Government Revenues





United States: Government Revenues

Mnemonic GVREV.IUSA
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Monthly 22.49 %
Data Mar 2024 332,091
Feb 2024 271,126

Series Information

Source U.S. Department of the Treasury
Release Monthly Treasury Statement (MTS)
Frequency Monthly
Start Date 1/31/1954
End Date 3/31/2024

United States: Government

Reference Last Previous Units Frequency
Gross External Debt 2024 Q4 8,949,636 Mil. USD, NSA Quarterly
Government Budget Balance Mar 2024 -236,457 -296,275 Mil. USD, NSA Monthly
Government Expenditures Mar 2024 568,548 567,401 Mil. USD, NSA Monthly
Government Revenues Mar 2024 332,091 271,126 Mil. USD, NSA Monthly
Outstanding Public Debt Mar 2024 34,586,532 34,471,082 Mil. USD Monthly

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.