"State and Local Government Sector Operating Balance as a Percentage of Gross Domestic Product (GDP), 2008 through 2067" "Year" "Operating balance" 2008 -1.49 2009 -2.38 2010 -1.79 2011 -1.66 2012 -1.62 2013 -1.60 2014 -1.36 2015 -1.20 2016 -1.30 2017 -1.32 2018 -1.22 2019 -0.97 2020 -0.98 2021 -1.03 2022 -1.11 2023 -1.24 2024 -1.31 2025 -1.44 2026 -1.59 2027 -1.64 2028 -1.73 2029 -1.76 2030 -1.82 2031 -1.91 2032 -1.96 2033 -2.01 2034 -2.06 2035 -2.11 2036 -2.17 2037 -2.22 2038 -2.27 2039 -2.32 2040 -2.37 2041 -2.42 2042 -2.47 2043 -2.51 2044 -2.56 2045 -2.64 2046 -2.68 2047 -2.71 2048 -2.73 2049 -2.77 2050 -2.80 2051 -2.83 2052 -2.86 2053 -2.89 2054 -2.93 2055 -2.96 2056 -2.98 2057 -3.01 2058 -3.04 2059 -3.06 2060 -3.09 2061 -3.12 2062 -3.15 2063 -3.18 2064 -3.21 2065 -3.25 2066 -3.28 2067 -3.31 URL: https://www.gao.gov/americas_fiscal_future?t=fiscal_forecast | TXT Last Updated: 12/12/2018