FGEXPNDFederal Government: Current Expenditures — Current Value & Historical Data
Gray bands: NBER recessions·Dashed lines: key policy events
What is Federal Government: Current Expenditures?
BEA Account Code: W013RC A Guide to the National Income and Product Accounts of the United States (NIPA) -.
Current Federal Government: Current Expenditures Value
As of January 1, 2026, the current federal government: current expenditures is 7678.99 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.
Historical Trend
Federal Government: Current Expenditures rose 1.26% quarter-over-quarter. Over the past year, federal government: current expenditures rose 5.00% 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
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)...