Tax revenue (current LCU), annual growth rate in United States of America
United States of America: Tax revenue (current LCU), annual growth rate was 6.85 % change on previous year in 2024. ◆ Volatile
Latest (2024)
6.85 % change on previous year
Change on year
up 167.6%
World rank
102nd
of 156 countries
All-time high
24.63 % change on previous year
in 2021
All-time low
-24.61 % change on previous year
in 2009
Years of data
52
1973–2024
Tax revenue (current LCU), annual growth rate in United States of America, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, tax revenue (current lcu), annual growth rate in United States of America stood at 6.85 % change on previous year.
The figure is up 167.6% on the previous year and down 21.2% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in United States of America peaked at 24.63 % change on previous year in 2021 and was at its lowest, -24.61 % change on previous year, in 2009.
That places United States of America 102nd out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in United States of America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 8.37 % change on previous year | — |
| 1974 | 11.64 % change on previous year | +39.0% |
| 1975 | 3.03 % change on previous year | -73.9% |
| 1976 | 6.84 % change on previous year | +125.6% |
| 1977 | 20.12 % change on previous year | +193.9% |
| 1978 | 12.22 % change on previous year | -39.3% |
| 1979 | 16.19 % change on previous year | +32.5% |
| 1980 | 9.97 % change on previous year | -38.4% |
| 1981 | 16.05 % change on previous year | +61.0% |
| 1982 | -0.487 % change on previous year | -103.0% |
| 1983 | -6.11 % change on previous year | +1155.1% |
| 1984 | 9.08 % change on previous year | -248.6% |
| 1985 | 9.84 % change on previous year | +8.3% |
| 1986 | 3.3 % change on previous year | -66.5% |
| 1987 | 14.21 % change on previous year | +331.0% |
| 1988 | 4.38 % change on previous year | -69.2% |
| 1989 | 9.63 % change on previous year | +120.2% |
| 1990 | 2.59 % change on previous year | -73.1% |
| 1991 | 1.84 % change on previous year | -29.0% |
| 1992 | 2.43 % change on previous year | +32.2% |
| 1993 | 8.57 % change on previous year | +252.2% |
| 1994 | 9.53 % change on previous year | +11.3% |
| 1995 | 8.37 % change on previous year | -12.3% |
| 1996 | 9.45 % change on previous year | +13.0% |
| 1997 | 10.49 % change on previous year | +11.0% |
| 1998 | 10.14 % change on previous year | -3.4% |
| 1999 | 5.67 % change on previous year | -44.1% |
| 2000 | 12.61 % change on previous year | +122.4% |
| 2001 | -5.63 % change on previous year | -144.7% |
| 2002 | -14.05 % change on previous year | +149.5% |
| 2003 | -0.2457 % change on previous year | -98.3% |
| 2004 | 8.31 % change on previous year | -3480.8% |
| 2005 | 19.53 % change on previous year | +135.1% |
| 2006 | 12.19 % change on previous year | -37.6% |
| 2007 | 4.58 % change on previous year | -62.5% |
| 2008 | -7.12 % change on previous year | -255.6% |
| 2009 | -24.61 % change on previous year | +245.6% |
| 2010 | 12.62 % change on previous year | -151.3% |
| 2011 | 15.47 % change on previous year | +22.6% |
| 2012 | 6.65 % change on previous year | -57.0% |
| 2013 | 11.26 % change on previous year | +69.3% |
| 2014 | 8.69 % change on previous year | -22.8% |
| 2015 | 6.6 % change on previous year | -24.1% |
| 2016 | -0.2307 % change on previous year | -103.5% |
| 2017 | 10.53 % change on previous year | -4665.0% |
| 2018 | -9.09 % change on previous year | -186.3% |
| 2019 | 3.81 % change on previous year | -141.9% |
| 2020 | 1.84 % change on previous year | -51.7% |
| 2021 | 24.63 % change on previous year | +1240.3% |
| 2022 | 21.59 % change on previous year | -12.4% |
| 2023 | -10.13 % change on previous year | -146.9% |
| 2024 | 6.85 % change on previous year | -167.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.2 % change on previous year | 3.03 % change on previous year | 20.12 % change on previous year | 7 |
| 1980s | 6.99 % change on previous year | -6.11 % change on previous year | 16.05 % change on previous year | 10 |
| 1990s | 6.91 % change on previous year | 1.84 % change on previous year | 10.49 % change on previous year | 10 |
| 2000s | 0.5561 % change on previous year | -24.61 % change on previous year | 19.53 % change on previous year | 10 |
| 2010s | 6.63 % change on previous year | -9.09 % change on previous year | 15.47 % change on previous year | 10 |
| 2020s | 8.96 % change on previous year | -10.13 % change on previous year | 24.63 % change on previous year | 5 |
Countries ranked near United States of America
- 99 Kenya 7.35 % change on previous year compare
- 100 Armenia 7.27 % change on previous year compare
- 101 Netherlands 6.95 % change on previous year compare
- 103 Saudi Arabia 6.7 % change on previous year compare
- 104 South Africa 6.44 % change on previous year compare
- 105 Italy 6.38 % change on previous year compare
More public sector data for United States of America
- Arms imports 1.21 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.56 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 52.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.21 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,933 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.034 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.87 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 997.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 86.58 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue (current lcu), annual growth rate in United States of America?
- Tax revenue (current lcu), annual growth rate in United States of America was 6.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in United States of America?
- The highest recorded value was 24.63 % change on previous year in 2021.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in United States of America?
- The lowest recorded value was -24.61 % change on previous year in 2009.
- How does United States of America rank for tax revenue (current lcu), annual growth rate?
- United States of America ranks 102nd out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in United States of America?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is volatile.
- Where does this United States of America data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.