Percent of nominal GDP | |||
Period | Receipts | Expenditures | Expenditures excluding net interest |
---|---|---|---|
1987 | 18.36 | 21.57 | 18.59 |
1988 | 18.14 | 21.24 | 18.21 |
1989 | 18.35 | 21.18 | 18.05 |
1990 | 17.99 | 21.84 | 18.63 |
1991 | 17.78 | 22.32 | 19.04 |
1992 | 17.49 | 22.14 | 18.95 |
1993 | 17.55 | 21.43 | 18.41 |
1994 | 18.07 | 20.99 | 18.08 |
1995 | 18.46 | 20.69 | 17.53 |
1996 | 18.88 | 20.27 | 17.14 |
1997 | 19.29 | 19.56 | 16.58 |
1998 | 19.96 | 19.16 | 16.36 |
1999 | 20.02 | 18.65 | 16.13 |
2000 | 20.86 | 18.43 | 16.13 |
2001 | 19.80 | 18.52 | 16.47 |
2002 | 17.86 | 19.38 | 17.73 |
2003 | 16.50 | 19.99 | 18.58 |
2004 | 16.35 | 19.93 | 18.54 |
2005 | 17.59 | 20.19 | 18.69 |
2006 | 18.48 | 20.39 | 18.65 |
2007 | 18.79 | 19.97 | 18.24 |
Note: The receipts and expenditures data are on a unified-budget basis and are for fiscal years (October through September); GDP is for the four quarters ending in Q3.
Source: Office of Management and Budget.