FGEXPNDFederal Current Expenditures (FGEXPND) — Current Value & Historical Data
Federal Current Expenditures (FGEXPND) Chart & Data Table
Gray bands: NBER recessions·Dashed lines: key policy events
What is Federal Current Expenditures (FGEXPND)?
BEA Account Code: W013RC A Guide to the National Income and Product Accounts of the United States (NIPA) -.
Current Federal Current Expenditures (FGEXPND) Value
As of January 1, 2026, the current federal government: current expenditures is 7679.66 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.
Federal Current Expenditures Historical Trend
Federal Government: Current Expenditures rose 1.27% quarter-over-quarter. Over the past year, federal government: current expenditures rose 5.01% from January 2025. In the series' tracked history, the highest recorded value was 8891.37 (April 2020), and the lowest was 38.15 (October 1947).
Methodology & Source
Source
Federal Reserve Economic Data (FRED)
Frequency
Quarterly
Units
Billions of Dollars
Notes
BEA Account Code: W013RC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)...
Frequently Asked Questions About Federal Current Expenditures (FGEXPND)
What is the current federal government: current expenditures?
As of January 1, 2026, federal government: current expenditures stands at 7679.66 Billions of Dollars.
Where does federal government: current expenditures data come from?
Federal Government: Current Expenditures data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is federal government: current expenditures updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for federal government: current expenditures?
In the available data, the highest value was 8891.37 Billions of Dollars in April 2020, and the lowest was 38.15 Billions of Dollars in October 1947.
How has federal government: current expenditures changed over the past year?
Over the past year, federal government: current expenditures increased 5.01%.
Related government-spending dashboards
How Federal Current Expenditures connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.
Compare Federal Current Expenditures with related indicators
See how Federal Current Expenditures stacks up against related series in a side-by-side chart and explainer: