"State and Local Government Sector Operating Balance as a Percentage of Gross Domestic Product (GDP), 2009 through 2068" Year Operating balance 2009 -2.42 2010 -1.81 2011 -1.69 2012 -1.63 2013 -1.64 2014 -1.41 2015 -1.21 2016 -1.31 2017 -1.36 2018 -1.30 2019 -1.20 2020 -1.01 2021 -1.09 2022 -1.24 2023 -1.35 2024 -1.50 2025 -1.66 2026 -1.76 2027 -1.89 2028 -1.97 2029 -2.07 2030 -2.13 2031 -2.21 2032 -2.30 2033 -2.39 2034 -2.53 2035 -2.62 2036 -2.71 2037 -2.80 2038 -2.90 2039 -2.99 2040 -3.09 2041 -3.18 2042 -3.28 2043 -3.36 2044 -3.45 2045 -3.54 2046 -3.63 2047 -3.71 2048 -3.80 2049 -3.88 2050 -3.97 2051 -4.06 2052 -4.15 2053 -4.24 2054 -4.33 2055 -4.42 2056 -4.52 2057 -4.63 2058 -4.73 2059 -4.84 2060 -4.95 2061 -5.06 2062 -5.18 2063 -5.29 2064 -5.41 2065 -5.54 2066 -5.66 2067 -5.78 2068 -5.91 URL: https://www.gao.gov/americas_fiscal_future?t=fiscal_forecast | TXT Last Updated: 12/18/2019