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OECD for 2021 shows general government spending at 44.9% of GDP, or $31,538 per capita. [4] BEA's percentage is smaller because it just includes government spending. OECD's total is larger because it also includes fees, e.g. tuition payments at public colleges. [5]
This is a list of U.S. state government budgets as enacted by each state's legislature. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita ...
Federal spending per capita (that is, per person in the U.S.) was approximately $11,551 during 2011, versus $6,338 in 2000. Adjusted for inflation, these amounts were $5,133 in 2011 and $3,496 in 2000. Adjusted for inflation, federal spending per person remained around $3,500 throughout the 1990s.
Country or territory Household expenditure per capita (constant 2017 Intl. $) [2] Year United States 43,931: 2021 Hong Kong 37,893: 2022 Luxembourg 33,647: 2022 Bermuda 32,146
In the United States, the average household net adjusted disposable income per capita is USD 45 284 a year, much higher than the OECD average of USD 33 604 and the highest figure in the OECD. ^ "Income Distribution Database". stats.oecd.org. Retrieved March 4, 2023.
The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.
Life expectancy vs healthcare spending of rich OECD countries. US average of $10,447 in 2018. [3] This article includes 2 lists of countries of the world and their total expenditure on health per capita. Total expenditure includes both public and private expenditures. See also: Health spending as percent of gross domestic product (GDP) by country.
It follows that as state's per capita income rises, its tax receipt also increases. The data between changes in per capita taxes to the national averages in ratio to the changes in the per capita income to the national average has a correlation of .88 (Leonard and Walder, Page 56-57).