Spending 11
Tax expenditures as a percentage of GDP
| Fiscal year | Discretionary spending | Revenue lost from tax expenditures |
|---|---|---|
| 1987 | 9.3% | 7.9% |
| 1988 | 9.0% | 5.9% |
| 1989 | 8.8% | 6.0% |
| 1990 | 8.5% | 5.9% |
| 1991 | 8.8% | 5.8% |
| 1992 | 8.3% | 5.9% |
| 1993 | 8.0% | 5.8% |
| 1994 | 7.6% | 5.9% |
| 1995 | 7.2% | 5.9% |
| 1996 | 6.7% | 5.7% |
| 1997 | 6.5% | 5.7% |
| 1998 | 6.2% | 6.2% |
| 1999 | 6.0% | 6.4% |
| 2000 | 6.1% | 6.4% |
| 2001 | 6.2% | 6.8% |
| 2002 | 6.8% | 7.0% |
| 2003 | 7.3% | 6.5% |
| 2004 | 7.4% | 6.1% |
| 2005 | 7.5% | 6.0% |
| 2006 | 7.4% | 6.2% |
| 2007 | 7.3% | 5.9% |
| 2008 | 7.7% | 5.9% |
| 2009 | 8.6% | 6.8% |
| 2010 | 9.1% | 6.9% |
| 2011 | 8.7% | 6.9% |
| 2012 | 8.0% | 6.7% |
| 2013 | 7.2% | 6.9% |
| 2014 | 6.8% | 6.8% |
| 2015 | 6.5% | 6.8% |
| 2016 | 6.4% | 7.6% |
| 2017 | 6.2% | 7.6% |
| 2018 | 6.3% | 6.8% |
| 2019 | 6.3% | 6.2% |
Source: Government Accountability Office
Government Accountability Office, “Figure: Tax Expenditures Are Comparable in Size to Discretionary Spending,” Tax Expenditures (web page), 2019. Data are for FY1987—FY2019.
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