As of 2023, the actual general government expenditures on social protection in the US stood below 1.76 trillion USD PPP. Forecasts from 2024 to 2028 project a gradual increase in spending, reaching approximately 1.87 trillion USD PPP by 2028. The year-on-year growth shows a steady average increase of approximately 1.5% per year over these five years. This steady growth is indicative of a consistent government commitment towards social protection amid varying economic conditions.
Future trends to watch for include potential impacts of demographic changes, such as an aging population, which may drive further increases in social protection expenditures. Additionally, policy shifts or economic fluctuations could influence the scale and focus of these expenditures.
