Governor's proposal would halt years-long decline in state spending relative to the economy, but falls far below historic average
General Fund spending as share of the state's economy by fiscal year, actual (1977-2025), budgeted (2026) and proposed (2027)
The chart shows 50 years of North Carolina's budget spending as a share of the economy. The Governor's recommended budget for 2025-2026 budget spending totals represents 4.52 percent of the state’s economy while the recommended budget for 2025-2027 represents 4.45 percent of the economy.
