Tax revenue in United States of America
United States of America: Tax revenue was 10.8% in 2024. ▼ Falling
Tax revenue in United States of America, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, tax revenue in United States of America stood at 10.8%.
Compared with earlier readings it is up 1.4% on the previous year and down 1.2% over ten years.
Over the whole period, tax revenue in United States of America peaked at 13.0% in 2000 and was at its lowest, 7.9%, in 2009.
That places United States of America 129th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Tax revenue in United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 11.8% | — |
| 1973 | 11.5% | -2.7% |
| 1974 | 11.8% | +3.0% |
| 1975 | 11.2% | -5.5% |
| 1976 | 10.7% | -3.9% |
| 1977 | 11.6% | +8.1% |
| 1978 | 11.5% | -0.7% |
| 1979 | 12.0% | +4.0% |
| 1980 | 12.1% | +1.1% |
| 1981 | 12.6% | +3.4% |
| 1982 | 12.0% | -4.6% |
| 1983 | 10.3% | -13.6% |
| 1984 | 10.2% | -1.8% |
| 1985 | 10.4% | +2.2% |
| 1986 | 10.2% | -2.1% |
| 1987 | 10.9% | +7.7% |
| 1988 | 10.6% | -3.2% |
| 1989 | 10.8% | +1.8% |
| 1990 | 10.5% | -2.9% |
| 1991 | 10.3% | -1.4% |
| 1992 | 10.0% | -3.3% |
| 1993 | 10.3% | +3.2% |
| 1994 | 10.6% | +3.1% |
| 1995 | 11.0% | +3.4% |
| 1996 | 11.4% | +3.6% |
| 1997 | 11.8% | +4.0% |
| 1998 | 12.3% | +4.2% |
| 1999 | 12.3% | -0.6% |
| 2000 | 13.0% | +5.8% |
| 2001 | 11.9% | -8.6% |
| 2002 | 9.9% | -16.8% |
| 2003 | 9.4% | -4.8% |
| 2004 | 9.5% | +1.6% |
| 2005 | 10.7% | +12.0% |
| 2006 | 11.3% | +5.9% |
| 2007 | 11.3% | -0.2% |
| 2008 | 10.3% | -9.0% |
| 2009 | 7.9% | -23.1% |
| 2010 | 8.6% | +8.3% |
| 2011 | 9.5% | +11.4% |
| 2012 | 9.8% | +2.4% |
| 2013 | 10.5% | +7.1% |
| 2014 | 10.9% | +4.2% |
| 2015 | 11.2% | +2.6% |
| 2016 | 10.9% | -2.9% |
| 2017 | 11.5% | +6.0% |
| 2018 | 9.9% | -13.7% |
| 2019 | 9.9% | -0.5% |
| 2020 | 10.1% | +2.6% |
| 2021 | 11.4% | +12.3% |
| 2022 | 12.6% | +10.7% |
| 2023 | 10.6% | -15.8% |
| 2024 | 10.8% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.5% | 10.7% | 12.0% | 8 |
| 1980s | 11.0% | 10.2% | 12.6% | 10 |
| 1990s | 11.0% | 10.0% | 12.3% | 10 |
| 2000s | 10.5% | 7.9% | 13.0% | 10 |
| 2010s | 10.3% | 8.6% | 11.5% | 10 |
| 2020s | 11.1% | 10.1% | 12.6% | 5 |
Countries ranked near United States of America
- 126 Madagascar 10.9% compare
- 127 Germany 10.9% compare
- 128 Russian Federation 10.9% compare
- 130 Tajikistan 10.7% compare
- 131 Congo, Democratic Republic of the 10.7% compare
- 132 Argentina 10.4% 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 in United States of America?
- Tax revenue in United States of America was 10.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in United States of America?
- The highest recorded value was 13.0% in 2000.
- What is the lowest tax revenue recorded in United States of America?
- The lowest recorded value was 7.9% in 2009.
- How does United States of America rank for tax revenue?
- United States of America ranks 129th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in United States of America?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is falling.
- Where does this United States of America data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.