Table A1: Simulation of Spending as a Percent of GDP (Assuming constant nominal spending and nominal GDP growth of 2.5 percent) |
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Year |
Nominal Total Government Spending |
Nominal Federal Spending |
Nominal GDP |
Percent of GDP |
|
Total Spending |
Federal Spending |
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1997 |
385 |
164 |
855 |
45.0 |
19.2 |
1998 |
385 |
164 |
876 |
43.9 |
18.7 |
1999 |
385 |
164 |
898 |
42.9 |
18.3 |
2000 |
385 |
164 |
921 |
41.8 |
17.8 |
2001 |
385 |
164 |
944 |
40.8 |
17.4 |
2002 |
385 |
164 |
967 |
39.8 |
17.0 |
2003 |
385 |
164 |
992 |
38.8 |
16.5 |
2004 |
385 |
164 |
1,016 |
37.9 |
16.1 |
2005 |
385 |
164 |
1,042 |
37.0 |
15.7 |
2006 |
385 |
164 |
1,068 |
36.1 |
15.4 |
2007 |
385 |
164 |
1,094 |
35.2 |
15.0 |
2008 |
385 |
164 |
1,122 |
34.3 |
14.6 |
2009 |
385 |
164 |
1,150 |
33.5 |
14.3 |
2010 |
385 |
164 |
1,179 |
32.7 |
13.9 |
Source: Calculations by authors. |
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