GDP USA (1970-2013)

Introduction

Brief introduction of the report.

Percents

Shows the percentages for each of the Government's expenses.

Expenses

Shows the expenditures of the Government per billion of people.

GDP-vs-Expenses

Compares the GDP vs The Total Expenses of the Government

Conclusion

Brief conclusion of the information generated.

Data

Given data for the present project.

Introduction
In the present report, we'll analyze the Gross Domestic Product in the United States of
America from the year of 1970 to 2013. We'll focus on the expenses that we encounter as
a nation, and organize them in percentages to ease the process in future budget
calculations and/or regulation of laws and tax exemptions. We also analyze and compare
the Gross Domestic Product to the population of The United States for the time period of
the given data. Lastly, we compare the Gross Domestic Product with the most common
Government expenses within the time period. At the end of the report, we draw
conclusions about the implications that our Gross Domestic Product has, when compared
to the expenses our Government has.

PERCENTAGES

Row Labels
1970 60.00
1971
1972 50.00
1973
1974
1975 40.00
1976
1977 30.00
1978
1979
1980 20.00

Chart Title

Sum of Other Expenses

Sum of Welfare Sum of General Government
56.66
32.79
10.54
50.18
39.90
9.92
49.50
40.27
10.22
45.46
37.16
17.38
42.36
40.46
17.17
42.50
44.31
13.19
39.76
48.31
11.93
Sum of Other Expenses
42.52
43.51
13.97
47.67
38.59
Sum of Welfare 13.74
48.26
37.52
14.22
Sum of General Government
45.52
41.49
12.99

Linear (Sum of Other Expenses)

10.00

1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012

0.00

1981

YEAR

44.48

43.90

11.62

The graph above shows the Government expenses from the time period of 1970 to 2013
expressed in percentages

Total Expenses per Billion of Persons

4000-5000
3000-4000
PEOPLE IN BILLIONS

2012

2009

Sum of Population in Billion

Sum of Total/Population
0.203302
334.9204632
0.205515
393.9858404
0.207752
431.7166622
0.210013
465.875922
0.212299
498.4479437
0.214609
699.3182951
0.216945
782.5946669
0.219307
808.9573064
0.221694
863.0815448
0.224107
901.1320485
0.226546
1069.407538
Sum of Population in Billion
0.22867
1174.00621
0.230815
1246.366137
0.232979
1356.560033
YEAR

1970
1973
1976
1979
1982
1985
1988
1991
1994
1997
2000
2003
2006

DOLLARS IN BILLIONS

Row Labels
1970
1971
1972 5000
1973
4000
1974
1975 3000
1976 2000
1977
1000
1978
0
1979
1980
1981
1982
1983

2000-3000
1000-2000
0-1000

The present graph shows the Total Amount of expenses per billion of persons from the time
period of 1970 to 2013

GDP VS. Expenses

DOLLARS IN BILLIONS

Row Labels
18000
1970
16000
1971
1972 14000
1973 12000
1974 10000
1975
8000
1976
1977 6000

Sum of GDP US $ billion nominal

Sum of (GDP-Expenses)
1075.9
1007.81
1167.8
1086.83
1282.4
1192.71
1428.5
1330.66
1548.8
1442.98
Sum
of GDP US $ billion
1688.9
1538.82
nominal
1877.6
1707.82
2086
1908.59
Sum
of (GDP-Expenses)

4000
2000
0

YEAR

The present graph compares the GDP in Billions of dollars, versus the Sum of expenses in
Billions of dolars for the time period of 1970 to 2013.

Conclusions
Based on the data analysis, we discovered that our Government is spending an average of
about 48% in unknown expenditures, while the welfare expenses have a slithglty lower
average in the recent past years. The welfare expenses have increased at a constant rate
since 1970. We also found out that the amount of expenses per billion of persons has
increased dramatically for the last 5 years, The United States population is spending nearly
three times more on its Government than it used to do in 1980. Lastly, there is an
increasing trend between difference of the expenditures and the Gross Domestic Product,
which is a red flag for our Government and the way it is spending the money.

Year
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

GDP US $
Other Spending- Welfare-total
billion
Population-US total $ billion
$ billion
nominal
million
nominal
nominal
1075.9
203.302
38.58
22.33
1167.8
205.515
40.63
32.31
1282.4
207.752
44.4
36.12
1428.5
210.013
44.48
36.36
1548.8
212.299
44.83
42.82
1688.9
214.609
63.78
66.5
1877.6
216.945
67.51
82.02
2086
219.307
75.44
77.19
2356.6
221.694
91.22
73.83
2632.1
224.107
97.47
75.77
2862.5
226.546
110.29
100.52
3210.9
228.67
119.41
117.86
3345
230.815
128.13
126.36
3638.1
232.979
134.61
145.56
4040.7
235.164
129.73
129.27
4346.7
237.369
148.09
148.6
4590.1
239.595
165.67
139.42
4870.2
241.842
167.19
145.26
5252.6
244.11
179.69
151.98
5657.7
246.399
218.23
155.78
5979.6
248.71
265.39
174.75
6174
251.802
285.62
209.07
6539.3
254.933
237.66
220.58
6878.7
258.103
216.75
233.27
7308.7
261.312
235.55
229.38
7664
264.561
223.5
239.92
8100.2
267.85
237.43
239.53
8608.5
271.18
233.79
237.77
9089.1
274.552
266.58
227.24
9665.7
277.966
302.11
230.29
10289.7
281.422
329.01
243.57
10625.3
284.184
352.97
261.4
10980.2
286.974
371.61
325.41
11512.2
289.79
377.3
357.67
12277
292.635
388.5
350.16
13095.4
295.507
410.25
347.84
13857.9
298.145
471.52
353.92
14480.3
300.807
453.84
359.07
14720.3
303.492
499.07
433.11
14417.9
306.202
798.87
558.87
14958.3
308.936
446.17
710.36
15533.8
311.576
512.09
672.65
16244.6
314.239
525.57
589.36

General
Governmenttotal $ billion Total
nominal
expenses
7.18
68.09
8.03
80.97
9.17
89.69
17
97.84
18.17
105.82
19.8
150.08
20.25
169.78
24.78
177.41
26.29
191.34
28.71
201.95
31.46
242.27
31.19
268.46
33.19
287.68
35.88
316.05
38.37
297.37
40.91
337.6
44.37
349.46
43.01
355.46
47.51
379.18
51.34
425.35
55.66
495.8
60.75
555.44
45.74
503.98
47.09
497.11
48.95
513.88
53.39
516.81
53
529.96
56.77
528.33
61.24
555.06
65.62
598.02
67.88
640.46
71.45
685.82
76.84
773.86
83.39
818.36
81.41
820.07
85.95
844.04
89.04
914.48
96.85
909.76
101.33 1033.51
104.58 1462.32
103.69 1260.22
102.93 1287.67
105.06 1219.99

2013

16797.5

316.925

413.31

554.38

104.71

1072.4

Legend:
a - actual reported
i - interpolated between actual reported values
e - estimated by usgovernmentspending.com
g - 'guesstimated' projection by usgovernmentspending.com
Data Sources for 1970:
GDP, GO: SeeGO
<a Sources</a>
href=http://usgovernmentspending.blogspot.com/2014/04/gdp-go-sources.html">GDP
Federal: <a href="http://www.gpo.gov/fdsys/browse/collection.action?collectionCode=BUDGET&browsePath=Fiscal+Year+2
5.1 7.1</a>
State and Local: <a href="http://www.census.gov/compendia/statab/past_years.html">Statistical Abstract of the United Stat

Data
Sources for
2013:"
GDP, GO: SeeGO
<a Sources</a>
href=http://usgovernmentspending.blogspot.com/2014/04/gdp-go-sources.html">GDP
Federal: <a href="http://www.gpo.gov/fdsys/browse/collection.action?collectionCode=BUDGET&browsePath=Fiscal+Year+2
5.1 7.1</a>
State and Local: <a href="http://www.census.gov/govs/local/">State and Local Gov. Finances</a>
&#147;<a href="http://usgovernmentspending.blogspot.com/2011/03/change-to-guesstimated-state-and-local.html">Guess

(GDPOther
General
Population Total/Popul
Expenses) Expenses Welfare Government in Billion
ation
1007.81
56.66
32.79
10.54 0.203302 334.92046
1086.83
50.18
39.90
9.92 0.205515 393.98584
1192.71
49.50
40.27
10.22 0.207752 431.71666
1330.66
45.46
37.16
17.38 0.210013 465.87592
1442.98
42.36
40.46
17.17 0.212299 498.44794
1538.82
42.50
44.31
13.19 0.214609
699.3183
1707.82
39.76
48.31
11.93 0.216945 782.59467
1908.59
42.52
43.51
13.97 0.219307 808.95731
2165.26
47.67
38.59
13.74 0.221694 863.08154
2430.15
48.26
37.52
14.22 0.224107 901.13205
2620.23
45.52
41.49
12.99 0.226546 1069.4075
2942.44
44.48
43.90
11.62
0.22867 1174.0062
3057.32
44.54
43.92
11.54 0.230815 1246.3661
3322.05
42.59
46.06
11.35 0.232979
1356.56
3743.33
43.63
43.47
12.90 0.235164 1264.5218
4009.1
43.87
44.02
12.12 0.237369 1422.2582
4240.64
47.41
39.90
12.70 0.239595 1458.5446
4514.74
47.03
40.87
12.10 0.241842 1469.8026
4873.42
47.39
40.08
12.53
0.24411 1553.3161
5232.35
51.31
36.62
12.07 0.246399 1726.2651
5483.8
53.53
35.25
11.23
0.24871 1993.4864
5618.56
51.42
37.64
10.94 0.251802 2205.8602
6035.32
47.16
43.77
9.08 0.254933 1976.9116
6381.59
43.60
46.93
9.47 0.258103
1926.014
6794.82
45.84
44.64
9.53 0.261312 1966.5381
7147.19
43.25
46.42
10.33 0.264561 1953.4625
7570.24
44.80
45.20
10.00
0.26785 1978.5701
8080.17
44.25
45.00
10.75
0.27118 1948.2631
8534.04
48.03
40.94
11.03 0.274552 2021.6935
9067.68
50.52
38.51
10.97 0.277966 2151.4142
9649.24
51.37
38.03
10.60 0.281422 2275.7993
9939.48
51.47
38.11
10.42 0.284184 2413.2956
10206.34
48.02
42.05
9.93 0.286974 2696.6206
10693.84
46.10
43.71
10.19
0.28979
2823.976
11456.93
47.37
42.70
9.93 0.292635 2802.3647
12251.36
48.61
41.21
10.18 0.295507 2856.2437
12943.42
51.56
38.70
9.74 0.298145 3067.2324
13570.54
49.89
39.47
10.65 0.300807 3024.3977
13686.79
48.29
41.91
9.80 0.303492 3405.3945
12955.58
54.63
38.22
7.15 0.306202
4775.671
13698.08
35.40
56.37
8.23 0.308936 4079.2268
14246.13
39.77
52.24
7.99 0.311576 4132.7638
15024.61
43.08
48.31
8.61 0.314239 3882.3634

15725.1

38.54

51.70

9.76

0.316925

3383.7659

tistical Abstract of the United States</a>

ated-state-and-local.html">Guesstimated</a>&#148; by projecting the latest change in reported spending forward to future years"

ward to future years"