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As of my last update in October 2023, the percentage of the federal budget deficit relative to Gross National Product (GNP) can vary annually based on economic conditions, government spending, and revenue. In recent years, the deficit has been around 4-5% of GNP, although this figure can fluctuate significantly. For the most accurate and current percentage, please refer to the latest data from the U.S. Treasury or the Congressional Budget Office.
What else can I help you with?
How much is the US deficit in 2007?
For 2007, the budget deficit totaled $162 billion, a five-year low.
What is the main cause for US debt?
At its simplest definition, if the government spends more then it gains, in a single year, then it has, what is called a 'budget deficit'. If there is a deficit, it adds to the US debt.
Did the US have a federal deficit or surplus in 1998?
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
What country has the Lowest GNP in America?
Bolivia
What percentage of US senators have passports?
40%
What percentage of the US GNP is agriculture?
The GNP, or Gross National Product, for agriculture in the United States is very low. The GNP is actually about 1.2%.
What is gnp deFlator?
The ratio of a country's nominal GNP to its real GNP, expressed as a percentage. It measures the percentage increase or decrease in the price of products and services by comparing the current GNP to a base period. By:- MAHMOOD KHAN LAHWOON, ZHOB
Welfare as a percentage of GNP?
1 percent
What is the percentage of GNP is spent on Education in Romania?
This percentage was 3,4 % in 2014.
What is the GNP in US of the Philippines in the year 2007?
What is the GNP in US of the Philippines in the year 2007?
How do you calculate the surplus or deficit as a percentage of GDP?
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
What is the gnp of tajikistan?
The GNP of Tajikistan is about 5,613 million US Dollars.
What percentage of of China's GNP does Agrucultural commodities make up?
62%
What is the current GNP of France?
The 2008 GNP of France is: 1,543,000,000 or 1.543 Billion US Dollars
What is the value of GNP in Pakistan?
GNP (or GNI as is now used) was US$482.26 Billion in 2010
What is the deficit of the US?
The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
What is the GNP for the US?
$11.351 trillion (2005)
