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What is the local spending on Education?

In FY 2023 local spending on education was “guesstimated” to be $835 billion.

State Education Spending Analysis

This page shows the current trends in local education spending. There are also charts on education spending history. See here for a general history of education spending.

Recent State Education Spending

Recent Local Education Spending

Chart S.81l: Recent Local Education Spending

Recent Local Education Spending<br>as Pct GDP

Chart S.82l: Recent Local Education Spending
as Pct GDP

In the 2010s local education spending started out at $600 billion. After 2014 local education spending steadily increased to $800 billion in 2020. In 2023 local education spending was “guesstimated” at $835 billion.

Viewed from a GDP perspective, local education spending started declining in 2010 from 4.2 percent GDP to 3.6 percent GDP in 2014. In 2023 local education spending was “guesstimated” at 3.0 percent GDP.

See also Education Spending History.

Numbers — Charts:

History:

Analyses:

Local Education Spending by Level Since 1900

Local Education spending grew from one percent of GDP to nearly 4 percent GDP in the 20th century.

Education Spending since 1900 by Type

Chart S.83l: Education Spending since 1900 by Type

Over the 20th century local education spending shows a steady increase in spending from one percent of GDP to 3.5 to 4.0 percent GDP, with almost all spending on pre-primary through secondary education.

However, local education spending experienced a severe dropoff during World War II that took about ten years to correct.

Local spending on higher education began right after World War II, and reached 0.2 percent GDP in the 2010s.

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US BUDGET overview and pie chart.

Find NATIONAL DEBT today.

DOWNLOAD spending data or debt data.

See FEDERAL BUDGET breakdown and estimated vs. actual.

MILITARY SPENDING details, budget and history.

ENTITLEMENT SPENDING history.

See BAR CHARTS of spending, debt.

Check STATE spending: CA NY TX FL and compare.

See SPENDING ANALYSIS briefing.

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Take a COURSE at Spending 101.

Make your own CUSTOM CHART.

Spending Data Sources

Spending data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of spending data sources here.
Medicare breakdown here; Medicaid breakdown here.

Federal spending data begins in 1792.

State and local spending data begins in 1820.

State and local spending data for individual states begins in 1957.

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Gross Federal Debt

Debt Now:  $34,554,969,025,868.11
Debt 2/2020:$23,409,959,150,243.63

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Data Sources for 2019_2029:

Sources for 2019:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years

Sources for 2029:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years

> data sources for other years
> data update schedule.

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Federal Budget for FY25 Released

On March 11, 2024, we updated usgovernmentspending.com with the numbers from the Public Budget Database in the Budget of the United States Government for Fiscal Year 2025. 

Here is how headline budget estimates for the upcoming FY 2024 fiscal year have changed since the release of the FY 2024 budget a year ago in Winter 2023.

Federal Budget Changes for 2024
$ billionEstimate for 2024
in FY2024 Budget		Estimate for 2024
in FY2025 Budget		Change
Federal Outlays$6,371.8$6,940.9 +$569.1
Federal Receipts$4,802.5$5,081.6+$279.1
Federal Deficit$1,569.4$1,859.4+$290.0

You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.

Account level spending estimates through FY 2029 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024.

Account level budget authority estimates through FY 2029 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024. 

Agency Debt Update for 2023
On March 11, 2024, usgovernmentspending.com updated its data for agency debt from the Federal Reserve Board database. Data is now available for the period 1945-2023. You can see our Agency Debt pag ...

US GDP for 2023 Updated
On January 19, 2024 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, ...

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Budget News

President’s FY 2025 Budget Release Scheduled for March 11
Although the FY 2024 appropriations process is not yet resolved

Biden to Release Budget March 9
will press McCarthy On Default Risk - Bloomberg

Biden to Release 2023 Budget Request on March 28
how the administration expects to spend money for priorities including aid to Ukraine and the continuing effort to fight the coronavirus pandemic, as well as legislative proposals such as increased funding for community policing programs, cancer research, and mental health education.

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