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United States Budget FY2022 vs FY2018

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” FY2022 vs FY2018

Total Outlays

FY2022

$6.27 trillion

FY2018

$4.11 trillion

FY2022 is 52.7% higher
Total Receipts

FY2022

$4.90 trillion

FY2018

$3.33 trillion

FY2022 is 47.1% higher
Deficit

FY2022

$1.38 trillion

FY2018

$779.1 billion

FY2022 is 76.6% higher
Deficit (% GDP)

FY2022

5.4%

FY2018

3.8%

FY2022 is 41.6% higher
Net Interest

FY2022

$475.9 billion

FY2018

$325.0 billion

FY2022 is 46.4% higher
Debt Held by Public

FY2022

$24.25 trillion

FY2018

$15.75 trillion

FY2022 is 54.0% higher

Receipts & Expenditure Comparison

ParticularsFY2022FY2018Difference
Total Receipts$4.90 trillion$3.33 trillion+47.1%
Total Outlays$6.27 trillion$4.11 trillion+52.7%
Deficit$1.38 trillion$779.1 billion+76.6%
Net Interest$475.9 billion$325.0 billion+46.4%
Debt Held by the Public$24.25 trillion$15.75 trillion+54.0%
Nominal GDP$25.57 trillion$20.44 trillion+25.1%
Deficit (% of GDP)5.38%3.8%โ€”
Debt-to-GDP Ratio94.87%77.1%โ€”

FY2022 โ€” Revenue Composition

FY2018 โ€” Revenue Composition

Category-wise Allocation โ€” FY2022 vs FY2018

CategoryFY2022FY2018Difference
1. All Other
$1.52 trillion
$512.9 billion
+197.2%
2. Social Security
$1.21 trillion
$987.8 billion
+22.7%
3. Medicare
$974.6 billion
$588.7 billion
+65.6%
4. National Defense
$752.1 billion
$631.3 billion
+19.1%
5. Medicaid
$591.9 billion
$389.2 billion
+52.1%
6. Income Security
$580.7 billion
$495.3 billion
+17.2%
7. Net Interest
$475.9 billion
$325.0 billion
+46.4%
8. Veterans Benefits
$161.4 billion
$178.9 billion
-9.8%

Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019

Understanding This Comparison

Federal figures are compared on outlays and receipts as reported by the Treasury and the Congressional Budget Office. The deficit is the gap between them; net interest is the cost of servicing past borrowing, and it buys no current services.

The federal fiscal year runs October to September and is named for the year it ends in, so FY2026 covers October 2025 through September 2026.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

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