Taxes on goods and services (current LCU), annual growth rate in United States of America
United States of America: Taxes on goods and services (current LCU), annual growth rate was 13.51 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in United States of America, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United States of America recorded 13.51 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
The figure is up 431.8% on the previous year and up 30.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in United States of America peaked at 68.94 % change on previous year in 1981 and was at its lowest, -11.8 % change on previous year, in 2019.
That places United States of America 59th 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.
Taxes on goods and services (current LCU), annual growth rate in United States of America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 5.04 % change on previous year | — |
| 1974 | 3.61 % change on previous year | -28.3% |
| 1975 | -1.32 % change on previous year | -136.6% |
| 1976 | 2.56 % change on previous year | -293.5% |
| 1977 | 3.21 % change on previous year | +25.4% |
| 1978 | 4.49 % change on previous year | +40.0% |
| 1979 | 2.15 % change on previous year | -52.1% |
| 1980 | 29.88 % change on previous year | +1290.6% |
| 1981 | 68.94 % change on previous year | +130.7% |
| 1982 | -11.16 % change on previous year | -116.2% |
| 1983 | -2.66 % change on previous year | -76.2% |
| 1984 | 5.32 % change on previous year | -300.1% |
| 1985 | -3.72 % change on previous year | -170.1% |
| 1986 | -8.92 % change on previous year | +139.3% |
| 1987 | -1.48 % change on previous year | -83.4% |
| 1988 | 9.4 % change on previous year | -736.5% |
| 1989 | -4.11 % change on previous year | -143.7% |
| 1990 | 3.87 % change on previous year | -194.1% |
| 1991 | 20.01 % change on previous year | +416.9% |
| 1992 | 7.62 % change on previous year | -61.9% |
| 1993 | 5.5 % change on previous year | -27.8% |
| 1994 | 14.94 % change on previous year | +171.4% |
| 1995 | 4.19 % change on previous year | -71.9% |
| 1996 | -6.1 % change on previous year | -245.4% |
| 1997 | 4.88 % change on previous year | -180.1% |
| 1998 | 0.66 % change on previous year | -86.5% |
| 1999 | 22.13 % change on previous year | +3253.5% |
| 2000 | -2.6 % change on previous year | -111.7% |
| 2001 | -3.7 % change on previous year | +42.4% |
| 2002 | 3.46 % change on previous year | -193.6% |
| 2003 | 2.79 % change on previous year | -19.6% |
| 2004 | 4.7 % change on previous year | +68.7% |
| 2005 | 2.91 % change on previous year | -38.0% |
| 2006 | -2.05 % change on previous year | -170.3% |
| 2007 | -9.27 % change on previous year | +353.2% |
| 2008 | -1.65 % change on previous year | -82.2% |
| 2009 | 5.5 % change on previous year | -432.7% |
| 2010 | -0.1845 % change on previous year | -103.4% |
| 2011 | 12.55 % change on previous year | -6902.3% |
| 2012 | 6.42 % change on previous year | -48.8% |
| 2013 | 10.22 % change on previous year | +59.1% |
| 2014 | 10.35 % change on previous year | +1.2% |
| 2015 | 4.45 % change on previous year | -57.0% |
| 2016 | -3.86 % change on previous year | -186.8% |
| 2017 | -6.83 % change on previous year | +76.9% |
| 2018 | 18.56 % change on previous year | -371.7% |
| 2019 | -11.8 % change on previous year | -163.6% |
| 2020 | -10.75 % change on previous year | -9.0% |
| 2021 | 5.47 % change on previous year | -150.9% |
| 2022 | 8.69 % change on previous year | +58.9% |
| 2023 | -4.07 % change on previous year | -146.9% |
| 2024 | 13.51 % change on previous year | -431.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.82 % change on previous year | -1.32 % change on previous year | 5.04 % change on previous year | 7 |
| 1980s | 8.15 % change on previous year | -11.16 % change on previous year | 68.94 % change on previous year | 10 |
| 1990s | 7.77 % change on previous year | -6.1 % change on previous year | 22.13 % change on previous year | 10 |
| 2000s | 0.009 % change on previous year | -9.27 % change on previous year | 5.5 % change on previous year | 10 |
| 2010s | 3.99 % change on previous year | -11.8 % change on previous year | 18.56 % change on previous year | 10 |
| 2020s | 2.57 % change on previous year | -10.75 % change on previous year | 13.51 % change on previous year | 5 |
Countries ranked near United States of America
- 56 Namibia 14.12 % change on previous year compare
- 57 North Macedonia 13.63 % change on previous year compare
- 58 Nicaragua 13.53 % change on previous year compare
- 60 Tunisia 13.15 % change on previous year compare
- 61 Iceland 13.12 % change on previous year compare
- 62 Congo, Democratic Republic of the 12.33 % 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 taxes on goods and services (current lcu), annual growth rate in United States of America?
- Taxes on goods and services (current lcu), annual growth rate in United States of America was 13.51 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in United States of America?
- The highest recorded value was 68.94 % change on previous year in 1981.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in United States of America?
- The lowest recorded value was -11.8 % change on previous year in 2019.
- How does United States of America rank for taxes on goods and services (current lcu), annual growth rate?
- United States of America ranks 59th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in United States of America?
- Over the last ten years it is up 30.5%. 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 Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services 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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.