Meta Platforms spent $16.1 billion on Reality Labs losses, while the IMF ran its operations on a $1.3 billion administrative budget. At the household level, US savings fell to 3.8% in 2023 as debt payments consumed 9.8% of disposable income. This report compares those budget choices across corporate, national, and personal categories to map where spending and pressure are shifting.
Key Takeaways
- Apple's FY2023 R&D budget was $29.9 billion, 7.8% of revenue
- Amazon's FY2023 capex budget hit $48.1 billion, mainly AWS data centers
- Google's parent Alphabet FY2023 operating expenses $109.4 billion, 24% of revenue
- World Bank Group's total commitments in FY2023 reached $128.1 billion across lending arms
- IMF's FY2023 administrative budget was $1.3 billion, supporting 190 member countries
- EU general budget for 2023 was €186.6 billion, with 34% for cohesion policy
- Average US household annual budget for housing in 2023 was $24,298, 33% of income
- Median US household food budget yearly $5,259 in 2023, up 8% from 2022
- US average transportation budget per household $12,295 annually in 2023
- California's FY2023-24 state budget totaled $310.8 billion, with $211 billion General Fund
- New York State's FY2023-24 enacted budget $237 billion, including $220 billion all funds
- Texas FY2023-24 biennial budget $321.3 billion, surplus of $32.7 billion
- In fiscal year 2023, the US federal budget deficit reached $1.7 trillion, representing 6.3% of GDP
- US federal spending on Social Security in FY2023 totaled $1.346 trillion, up 8% from prior year
- Medicare outlays in US FY2023 budget were $839 billion, accounting for 21% of total federal spending
Big tech and public budgets show heavy R&D and capex while households and governments still juggle deficits.
Related reading
01 · Category
Corporate Budgets20 stats
01
Apple's FY2023 R&D budget was $29.9 billion, 7.8% of revenue
02
Amazon's FY2023 capex budget hit $48.1 billion, mainly AWS data centers
03
Google's parent Alphabet FY2023 operating expenses $109.4 billion, 24% of revenue
04
Microsoft's FY2023 R&D spending $27.2 billion, up 16%
05
ExxonMobil's 2023 capital budget $27.3 billion for upstream projects
06
JPMorgan Chase 2023 marketing budget exceeded $1 billion annually
07
Walmart FY2024 capex planned at $15.5 billion for stores and e-commerce
08
Tesla's 2023 R&D expenses $3.97 billion, focused on autonomy
09
Pfizer's 2023 R&D budget $10.7 billion, post-COVID vaccine peak
10
Berkshire Hathaway 2023 insurance underwriting expenses $25 billion
11
Meta Platforms FY2023 total expenses $88.1 billion, reality labs $16.1 billion loss
12
UnitedHealth Group 2023 administrative expenses 13.2% of revenue, $25 billion total
13
Procter & Gamble FY2023 marketing spend $8.6 billion, 11% of sales
14
Chevron 2023 upstream capex $15.4 billion
15
Verizon 2023 capex $17.5 billion for 5G network
16
Home Depot FY2023 SG&A expenses $20.8 billion
17
Coca-Cola 2023 marketing budget $4.5 billion globally
18
Intel FY2023 R&D $16.1 billion, restructuring costs additional $3 billion
19
Johnson & Johnson 2023 R&D expenses $15.6 billion
20
Bank of America 2023 noninterest expense $60.9 billion, efficiency ratio 63%
Interpretation
Corporate Budgets Interpretation
From Apple's secretive labs to Amazon's colossal data centers, this corporate spending spree reveals a stark truth: while Big Tech bets billions on shaping the digital future, Big Oil drills for the past, Big Pharma chases the next blockbuster, and everyone else is just fighting to keep the lights on and sell you a soda.
02 · Category
Global Budgets19 stats
01
World Bank Group's total commitments in FY2023 reached $128.1 billion across lending arms
02
IMF's FY2023 administrative budget was $1.3 billion, supporting 190 member countries
03
EU general budget for 2023 was €186.6 billion, with 34% for cohesion policy
04
China's 2023 national budget deficit targeted at 3% of GDP, with revenue of ¥21.3 trillion
05
Japan's FY2023 supplementary budget was ¥13.1 trillion for disaster recovery
06
India's Union Budget 2023-24 allocated ₹45.2 lakh crore total expenditure, 7.2% growth
07
UK's 2023-24 fiscal budget deficit forecast at £87.6 billion, 3% of GDP
08
Germany's 2023 federal budget was €476 billion, with €52 billion debt brake suspension
09
France's 2023 budget deficit projected at 4.9% of GDP, total spending €609 billion
10
Brazil's 2023 primary deficit target zeroed, with total budget R$5.7 trillion
11
Australia's 2023-24 budget surplus of A$22 billion, first in 15 years
12
Russia's 2023 federal budget revenues ₽24.6 trillion, military spending up 68%
13
Canada's FY2023-24 deficit C$40.1 billion, 1.4% of GDP
14
South Korea's 2023 budget ₩639.2 trillion, 6.7% increase for welfare
15
Mexico's 2023 approved budget MXN 8.3 trillion, 11.4% nominal growth
16
Saudi Arabia's 2023 budget deficit SAR 115 billion, spending SAR 1.25 trillion
17
UN regular budget for 2023 was $3.59 billion, assessed on member states
18
OECD countries average budget deficit in 2023 was 5.5% of GDP post-COVID
19
World Health Organization's 2022-23 biennial budget $6.72 billion, 80% voluntary funded
Interpretation
Global Budgets Interpretation
Amidst a global fiscal orchestra where some nations are tightening their belts while others are loosening the purse strings, the universal refrain is a delicate balance between ambitious spending and the sobering mathematics of deficits.
03 · Category
Personal Finance Budgets21 stats
01
Average US household annual budget for housing in 2023 was $24,298,33% of income
02
Median US household food budget yearly $5,259in 2023, up 8% from 2022
03
US average transportation budget per household $12,295annually in 2023
04
Healthcare spending averaged $5,277per US household in 2023
05
US household entertainment budget averaged $2,731yearly in 2023
06
Average personal savings rate for US households fell to 3.8% in 2023
07
Debt payments consumed 9.8% of US disposable income in Q4 2023 average
08
US millennial household average student debt $32,910in 2023 budgets
09
Apparel and services budget per US household $1,945annually 2023
10
Utilities averaged $4,550per year in US household budgets 2023
11
Personal insurance and pensions took 11.5% of US household budgets in 2023
12
Average US household education spending $1,384yearly excluding college in 2023
13
Cash contributions to charity averaged $678per US household in 2023
14
Alcohol beverage spending $584annually average US household 2023
15
Tobacco products budget $338per smoking US household yearly 2023
16
Reading materials cost $127average per US household in 2023 budgets
17
US household average pet expenses $1,380yearly in 2023
18
Vacation travel budget averaged $2,800per US household 2023
19
Gym memberships and fitness $672annual average in US personal budgets 2023
20
Streaming services cost $180yearly average per household 2023
21
Median US household net worth impacted budgets with $192,900in 2022 data to 2023
Interpretation
Personal Finance Budgets Interpretation
The American household budget reads like a tragic comedy: we spend lavishly to live, move, and stream, then solemnly pledge our future to debt while scrounging a meager 3.8% for actual salvation.
More related reading
04 · Category
State Budgets19 stats
01
California's FY2023-24 state budget totaled $310.8 billion, with $211 billion General Fund
02
New York State's FY2023-24 enacted budget $237 billion, including $220 billion all funds
03
Texas FY2023-24 biennial budget $321.3 billion, surplus of $32.7 billion
04
Florida's FY2023-24 budget $116.5 billion, with tax cuts of $4.5 billion
05
Illinois FY2023 budget $50.4 billion General Funds, addressing pension debt
06
Pennsylvania's FY2023-24 budget $45 billion, increasing education funding 10%
07
Ohio FY2024-25 biennial budget $81.7 billion operating
08
Michigan FY2023-24 budget $81.6 billion, with $23 billion school aid
09
Georgia FY2024 budget $66.3 billion amended, transportation up 15%
10
North Carolina FY2023-25 biennial budget $59.2 billion recurring
11
New Jersey FY2024 budget $54.3 billion, property tax relief $2.5 billion
12
Virginia FY2024-26 biennial budget $188 billion total funds
13
Washington State FY2023-25 budget $122.8 billion near-general funds
14
Massachusetts FY2024 budget $56 billion, childcare investments doubled
15
Arizona FY2024 budget $17.1 billion General Fund, rainy day fund $145 million addition
16
Indiana FY2024-25 biennial budget $34.9 billion all funds
17
Tennessee FY2023-24 budget $56.2 billion, franchise tax repeal savings
18
Missouri FY2024 budget $51.5 billion total, education 25% of spending
19
Wisconsin FY2023-25 biennial $99 billion GPR
Interpretation
State Budgets Interpretation
While California's budget could make Texas blush with its sheer size, Texas' surplus could make California weep with envy, Florida is busy counting its tax-cut savings like Scrooge McDuck, Illinois is desperately feeding its pension beast, and Pennsylvania is finally giving schools a raise after years of being the frugal parent at the PTA meeting.
05 · Category
US Federal Budget29 stats
01
In fiscal year 2023, the US federal budget deficit reached $1.7 trillion, representing 6.3% of GDP
02
US federal spending on Social Security in FY2023 totaled $1.346 trillion, up 8% from prior year
03
Medicare outlays in US FY2023 budget were $839 billion, accounting for 21% of total federal spending
04
Defense discretionary spending in US FY2023 was $816 billion, the largest category after entitlements
05
US federal revenue from individual income taxes in FY2023 was $2.177 trillion, 49% of total receipts
06
Net interest payments on US federal debt in FY2023 amounted to $659 billion, up 30% from FY2022
07
US FY2024 budget request proposed $842 billion for defense, a 1% increase over FY2023 enacted
08
Mandatory spending in US FY2023 budget was $3.8 trillion, 61% of total outlays
09
US federal grants to states in FY2023 totaled $721 billion, primarily for health and transportation
10
Corporate income tax receipts in US FY2023 were $420 billion, 10% of total revenue
11
US FY2023 budget allocated $155 billion to Veterans Affairs, serving 9 million veterans
12
Excise taxes contributed $87 billion to US federal revenue in FY2023, mainly from fuels
13
US federal R&D funding in FY2023 was $201 billion, with 42% for health research
14
Homeland Security spending in US FY2023 budget was $108 billion, including border security
15
US FY2023 education spending was $79 billion at federal level, plus $40 billion in aid
16
Federal payroll taxes for Social Security and Medicare in FY2023 totaled $1.6 trillion
17
US debt held by the public reached $26.3 trillion in FY2023 end, 98% of GDP
18
Infrastructure Investment and Jobs Act allocated $550 billion new spending through FY2026 in US budget
19
US FY2023 housing and urban development budget was $61 billion
20
Energy and environment spending in US FY2023 was $46 billion, boosted by climate initiatives
21
Inflation Reduction Act projected to save $300 billion in deficits over 10 years in US budget
22
US federal agriculture spending in FY2023 was $28 billion, including farm subsidies
23
Justice Department budget in US FY2023 was $38 billion
24
NASA FY2023 budget was $25 billion, focused on Artemis program
25
US international affairs spending in FY2023 was $60 billion, including foreign aid
26
Federal student aid in US FY2023 budget was $1.6 trillion in loans outstanding
27
US Treasury FY2023 administrative budget was $14 billion
28
CHIPS Act provided $52 billion for semiconductors in US budget
29
US FY2023 transportation budget was $108 billion
Interpretation
US Federal Budget Interpretation
America, in a financial nutshell: we're spending a fortune to keep our promise to retirees and our military strong, while our growing mountain of debt is costing us a fortune in interest, yet we still somehow find billions to build microchips, return to the moon, and help heat the planet and cool it down at the same time.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Elena Vasquez. (2026, February 13). Budget Statistics. Gitnux. https://gitnux.org/budget-statistics
MLA
Elena Vasquez. "Budget Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/budget-statistics.
Chicago
Elena Vasquez. 2026. "Budget Statistics." Gitnux. https://gitnux.org/budget-statistics.
Sources & references
96 datasets cited across this report · attribution is report-level
ir.aboutamazon.com