"State and Local Expenditures (including Interest on Debt) as a Percentage of Gross Domestic Product (GDP), 2009 through 2068" Year Total expenditure to maintain current policy Total expenditure to maintain balance 2009 16.75 16.75 2010 16.33 16.33 2011 15.67 15.67 2012 15.14 15.14 2013 14.97 14.97 2014 14.83 14.83 2015 14.88 14.88 2016 14.99 14.99 2017 14.81 14.81 2018 14.55 14.55 2019 14.44 13.23 2020 14.28 13.27 2021 14.47 13.38 2022 14.66 13.43 2023 14.74 13.40 2024 14.96 13.46 2025 15.21 13.55 2026 15.33 13.57 2027 15.57 13.68 2028 15.63 13.67 2029 15.80 13.73 2030 15.88 13.75 2031 15.96 13.75 2032 16.04 13.75 2033 16.17 13.77 2034 16.36 13.84 2035 16.45 13.84 2036 16.55 13.84 2037 16.65 13.84 2038 16.75 13.85 2039 16.85 13.86 2040 16.95 13.86 2041 17.06 13.88 2042 17.16 13.89 2043 17.26 13.90 2044 17.36 13.91 2045 17.46 13.92 2046 17.56 13.93 2047 17.66 13.94 2048 17.76 13.96 2049 17.86 13.97 2050 17.96 13.99 2051 18.06 14.00 2052 18.16 14.01 2053 18.26 14.03 2054 18.37 14.04 2055 18.47 14.06 2056 18.59 14.07 2057 18.71 14.09 2058 18.83 14.10 2059 18.96 14.12 2060 19.08 14.13 2061 19.21 14.15 2062 19.34 14.16 2063 19.47 14.18 2064 19.61 14.19 2065 19.74 14.21 2066 19.88 14.22 2067 20.02 14.24 2068 20.17 14.26 URL: https://www.gao.gov/americas_fiscal_future?t=drivers_and_trends | TXT Last Updated: 12/18/2019