Federal Investment, 1962 to 2018


In 2018, the federal government spent $492 billion on investment—for physical capital, education and training, and research and development—which represented 12 percent of federal spending and 2 percent of GDP.

Data and Supplemental Information

Corrections and Updates

On July 11, 2019, CBO reposted the file of data underlying the exhibits to show more digits after the decimal place for the reported values.