Philippines vs United States: Tax revenue (current LCU)
Tax revenue (current LCU) over time
- Philippines
- United States
How they compare
Philippines currently reports 3.80 trillion current LCU against 3.16 trillion current LCU in United States, a difference of 645.45 billion current LCU.
That makes Philippines's figure about 1.2 times United States's.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was United States ahead.
Philippines ranks 29th and United States ranks 32nd of 157 countries.
Across the 4 decades both report, Philippines averaged higher in 1 and United States in 3.
Head to head by decade
| Decade | Philippines | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 298.30 billion current LCU | 846.15 billion current LCU | 547.85 billion current LCU | United States |
| 2000s | 714.59 billion current LCU | 1.32 trillion current LCU | 600.97 billion current LCU | United States |
| 2010s | 1.84 trillion current LCU | 1.86 trillion current LCU | 22.06 billion current LCU | United States |
| 2020s | 3.14 trillion current LCU | 2.85 trillion current LCU | 286.55 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Philippines or United States?
- Philippines, at 3.80 trillion current LCU against 3.16 trillion current LCU in United States as of 2024.
- What is the difference in tax revenue between Philippines and United States?
- 645.45 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for Philippines and United States?
- 35 years are reported by both, from 1990 to 2024.
- How do Philippines and United States rank globally for tax revenue?
- Philippines ranks 29th and United States ranks 32nd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.