The deficit in FY 2022 totalled $1.4 trillion. 1: 202122 to show the major sources of revenue of the Australian Government and key areas of expenditure by selected Government Finance Statistics functions. The deficit for the years 20 were $3.1 and $2.8 trillion, so the entire Coronavirus relief effort was financed by debt. The following charts use data from Budget Strategy and Outlook: Budget Paper No. The increase of over $4.5 trillion in spending for a two-year period of 20 compared to 2019 is an unprecedented increase in federal outlays for an emergency other than war funding. Government Budget in China averaged -2.82 percent of GDP from 1988 until 2022, reaching an all time high of 0.58 percent of GDP in 2007 and a record low of -8.60 percent of GDP in 2020. you could take time series data going back to 1950 and animate the pie chart to inflate as the overall budget gets bigger each year and then close. Fiscal Year 2024 Governors Recommended Operating Budget Pie Graph. The federal budget is frequently broken out. Total federal spending totaled $6.3 trillion in 2022, a drop of $550 billion due to reductions in economic support related to Coronavirus relief efforts, offset by an increase in student loan expense. Chinas Government Budget deficit is expected to reach 7.4 percent of the countrys Gross Domestic Product in 2022. Or view all charts here: Fiscal Year 2024 Total Operating Summary Budget ChartsPDF Document. Unemployment costs increased by $366 billion also due to Coronavirus relief. Total defense spending on contractors in the past five years: 2022 344.4 Billion 2021 408.8 Billion 2020. United States federal budget Pie chart British and Irish Association of Zoos and Aquariums Long tail, Distance Education, angle, number, pie Chart png PNG tags. View the budgetHTML version Download the budget PDF version (8.9 MB) Title: Budget 2021 - A Recovery Plan for Jobs, Growth, and Resilience. The Government of Canada’s plan to finish the fight against COVID-19 and ensure a resilient economic recovery that creates jobs and growth for Canadians. This increase was principally from expanding Child Care Programs, Housing Assistance Programs, and the Child Tax Credit. A Recovery Plan for Jobs, Growth, and Resilience. Numbers may not add up to totals because of rounding. The cause of the increase was generally Coronavirus relief activities shown above as “economic support” and also included in increases to welfare of $173 billion or almost 50% over the two years. Federal Debt Held by the Public, 1971 to 2020 Prepared by Christine Bogusz, Dan Ready, and Jorge Salazar Source: Congressional Budget Oce, April 2021 All data are for federal scal years, which run from October 1 to September 30. Overall spending at the federal level increased from $4.4 trillion in FY 2019 to $6.8 trillion in FY 2021, an increase of over 50%. The chart includes entitlement spending and its share of total federal spending. The federal government’s fiscal year ends on September 30 of each year. The table above shows total federal spending in billions of dollars for the past four fiscal years (“FY”).
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