US GDP For 2021 Updated

On February 12, 2022 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal US GDP for calendar 2021 of $22.994 trillion and real US GDP  for calendar 2021 of $19.427 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for years going back to 2015 have been revised by BEA.

Usgovernmentspending.com uses the BEA US GDP data series from 1929 to the present and measuringworth.com as its US GDP source from 1790 to 1928.

BEA will update the 2021 GDP data on February 24, 2022.

US, State Population Update for 2021

On December 21, 2021 the US Census Bureau released its US national and state population estimates for July 1, 2021.  On December 24, 2021 usgovernmentspending.com updated its US and state population data as follows:

• We updated 2020 and 2021 population data from US and states using data from US Census National Population Totals and Components of Change 2020-2021 in file NST-EST2021-POP.xlsx.
• We updated 2010-2020 population data for US and states using data from US Census Bureau Population Estimates: Vintage 2020, State Population Totals, in file nst-est2020.xlsx.
• We projected 2021 thru 2027 for the US and states assuming population rate change for 2020-21.

usgovernmentspending.com uses population data in computing per capita spending and revenue data. You can see per capita spending data in a chart here, and in a table of spending here.

You can check the data update schedule here.

Medicaid Update for FY 2020

On December 16, 2021, the Centers for Medicare and Medicaid Services (CMS) published its annual report on National Health Expenditures and its NHE Tables includes data on Medicaid from 1966 to 2020. On December 17, 2021, usgovernmentspending.com updated its Medicaid data.

Item	2020 Estimate	2020 Actual
Federal Medicaid	$458.5 bn	$458.5 bn
State Medicaid (net)	$228.5 bn	$212.7 bn
Total Medicaid	$687.0 bn	$671.2 bn

The federal Medicaid number comes from the Federal Budget Subfunction 558: Grants to states for Medicaid. The state contribution comes from the NHE Tables.

usgovernmentspending.com publishes "guesstimates" of state and local spending from the latest year published by the Census Bureau (currently FY 2019) to the last year in the Historical Tables of the federal budget (for the FY 2022 budget that is 2026). So we have developed "guesstimates" of Medicaid spending going out to 2026, assuming that the overall Medicaid spending increases at the same rate as the federal "Grants to States for Medicaid" increases.

National Health Expenditure data is updated each year in mid December.