Us Gdp 2024 Total. Federal outlays in 2024 total $6.8 trillion, or 23.9 percent of gdp; Real gross domestic product (gdp) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the “second” estimate.
In the second quarter, real gdp increased 3.0 percent. Growth in spending on programs that benefit elderly.