網友panlm_請進:

If you're aiming to show the impact of government borrowing on U.S. GDP, there's no need to perform your own calculations. Official public data is readily available from government sources.

For fiscal year 2024:

GDP: 28.9 trillion

Federal Deficit: 1.8 trillion, equating to 6.4% of GDP

Although the federal deficit or government borrowing isn’t directly included in the GDP equation, it plays an indirect role. Borrowing funds government spending, which is a component of GDP. So, if the government hadn’t borrowed money, its spending would likely have been lower, and assuming all other factors remain constant, GDP would also be lower.  Is this what you wanted to say?

I’m not sure if mainland China has published similar data for fiscal year 2024, but based on past trends, the government's borrowing relative to GDP was around 6% to 8%. You can verify this yourself.

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Government spending is more than its revenue leading to -panlm_- 給 panlm_ 發送悄悄話 panlm_ 的博客首頁 (2472 bytes) () 05/31/2025 postreply 12:02:40

The problem of the consumer economy that only spend money bu -nancy_002- 給 nancy_002 發送悄悄話 (98 bytes) () 06/02/2025 postreply 00:09:55

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