About FDA

What is FDA's budget and what is its impact?

The U.S. Food and Drug Administration works tirelessly to protect the public health. FDA ensures the safety and effectiveness of more than $2.4 trillion worth of products used by consumers. (Yes, $2.4 trillion, which is more than $2 thousand billion. It’s a lot.)

These products include human and animal drugs; medical devices; radiation-emitting products; vaccines, blood, and other biologics; and human and animal foods. While there is no known safe tobacco product, FDA also regulates tobacco products. Another fact? Even with FDA’s vast regulatory responsibilities, the cost for Americans is less than you think.

Scroll down for highlights of what FDA regulated as of November 2016 (Figure 1), about how much Americans spend each year on these products (Figure 2), and how much money is set aside for FDA per year, per American (Figure 3).

And check out this fact sheet to learn more about FDA’s work.


Figure 1

FDA regulation of human products: More than 17,000 prescription drug products subject to FDA regulation; At least 6,000 medical device product categories under FDA oversight; More than 4,500 tobacco products; Approximately 320 FDA-licensed biologics; More than 210,000 registered facilities for human food

FDA regulation of animal products:  at least 1,600 FDA-approved animal drug products and more than 24,000 registered facilities for animal foods

 


Figure 2

FDA-regulated products account for about 20 cents of every dollar of annual spending by U.S. consumers.


Figure 3

The amount set aside for the FDA in fiscal year 2016 is $8.49 per year, per American...Less than the average cost of two lattes or a book.

 

 

Page Last Updated: 03/28/2018
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