Taxes on goods and services (current LCU), per unit of GDP in United States
United States: Taxes on goods and services (current LCU), per unit of GDP was 0.0037 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in United States, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in United States is 0.0037 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 7.8% on the previous year and down 34.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in United States peaked at 0.0127 current LCU per US$ of GDP in 1981 and was at its lowest, 0.0034 current LCU per US$ of GDP, in 2023.
United States ranks 155th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in United States, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.0119 current LCU per US$ of GDP | — |
| 1973 | 0.0113 current LCU per US$ of GDP | -5.7% |
| 1974 | 0.0108 current LCU per US$ of GDP | -4.4% |
| 1975 | 0.0097 current LCU per US$ of GDP | -9.5% |
| 1976 | 0.009 current LCU per US$ of GDP | -7.8% |
| 1977 | 0.0083 current LCU per US$ of GDP | -7.1% |
| 1978 | 0.0077 current LCU per US$ of GDP | -7.5% |
| 1979 | 0.0071 current LCU per US$ of GDP | -8.6% |
| 1980 | 0.0084 current LCU per US$ of GDP | +19.4% |
| 1981 | 0.0127 current LCU per US$ of GDP | +50.5% |
| 1982 | 0.0108 current LCU per US$ of GDP | -14.8% |
| 1983 | 0.0097 current LCU per US$ of GDP | -10.4% |
| 1984 | 0.0092 current LCU per US$ of GDP | -5.2% |
| 1985 | 0.0082 current LCU per US$ of GDP | -10.4% |
| 1986 | 0.0071 current LCU per US$ of GDP | -13.7% |
| 1987 | 0.0066 current LCU per US$ of GDP | -7.1% |
| 1988 | 0.0067 current LCU per US$ of GDP | +1.4% |
| 1989 | 0.006 current LCU per US$ of GDP | -11.0% |
| 1990 | 0.0058 current LCU per US$ of GDP | -1.7% |
| 1991 | 0.0068 current LCU per US$ of GDP | +16.2% |
| 1992 | 0.0069 current LCU per US$ of GDP | +1.6% |
| 1993 | 0.0069 current LCU per US$ of GDP | +0.3% |
| 1994 | 0.0075 current LCU per US$ of GDP | +8.2% |
| 1995 | 0.0075 current LCU per US$ of GDP | -0.6% |
| 1996 | 0.0066 current LCU per US$ of GDP | -11.1% |
| 1997 | 0.0065 current LCU per US$ of GDP | -1.3% |
| 1998 | 0.0062 current LCU per US$ of GDP | -4.7% |
| 1999 | 0.0072 current LCU per US$ of GDP | +14.9% |
| 2000 | 0.0065 current LCU per US$ of GDP | -8.5% |
| 2001 | 0.0061 current LCU per US$ of GDP | -6.7% |
| 2002 | 0.0061 current LCU per US$ of GDP | +0.2% |
| 2003 | 0.006 current LCU per US$ of GDP | -1.9% |
| 2004 | 0.0059 current LCU per US$ of GDP | -1.8% |
| 2005 | 0.0057 current LCU per US$ of GDP | -3.6% |
| 2006 | 0.0053 current LCU per US$ of GDP | -7.6% |
| 2007 | 0.0045 current LCU per US$ of GDP | -13.4% |
| 2008 | 0.0044 current LCU per US$ of GDP | -3.6% |
| 2009 | 0.0047 current LCU per US$ of GDP | +7.6% |
| 2010 | 0.0045 current LCU per US$ of GDP | -4.0% |
| 2011 | 0.0049 current LCU per US$ of GDP | +8.6% |
| 2012 | 0.005 current LCU per US$ of GDP | +2.1% |
| 2013 | 0.0053 current LCU per US$ of GDP | +6.1% |
| 2014 | 0.0056 current LCU per US$ of GDP | +5.8% |
| 2015 | 0.0057 current LCU per US$ of GDP | +0.5% |
| 2016 | 0.0053 current LCU per US$ of GDP | -6.5% |
| 2017 | 0.0047 current LCU per US$ of GDP | -10.7% |
| 2018 | 0.0053 current LCU per US$ of GDP | +12.6% |
| 2019 | 0.0045 current LCU per US$ of GDP | -15.4% |
| 2020 | 0.0041 current LCU per US$ of GDP | -10.1% |
| 2021 | 0.0039 current LCU per US$ of GDP | -5.0% |
| 2022 | 0.0038 current LCU per US$ of GDP | -1.0% |
| 2023 | 0.0034 current LCU per US$ of GDP | -10.1% |
| 2024 | 0.0037 current LCU per US$ of GDP | +7.8% |
United States compared with similar countries
- United States's 0.0037 current LCU per US$ of GDP is below the median for high income countries, which is 0.1137 current LCU per US$ of GDP, 3% of the median. (57 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +50.5% | 0.0084 current LCU per US$ of GDP | 0.0127 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0095 current LCU per US$ of GDP | 0.0071 current LCU per US$ of GDP | 0.0119 current LCU per US$ of GDP | 8 |
| 1980s | 0.0085 current LCU per US$ of GDP | 0.006 current LCU per US$ of GDP | 0.0127 current LCU per US$ of GDP | 10 |
| 1990s | 0.0068 current LCU per US$ of GDP | 0.0058 current LCU per US$ of GDP | 0.0075 current LCU per US$ of GDP | 10 |
| 2000s | 0.0055 current LCU per US$ of GDP | 0.0044 current LCU per US$ of GDP | 0.0065 current LCU per US$ of GDP | 10 |
| 2010s | 0.0051 current LCU per US$ of GDP | 0.0045 current LCU per US$ of GDP | 0.0057 current LCU per US$ of GDP | 10 |
| 2020s | 0.0038 current LCU per US$ of GDP | 0.0034 current LCU per US$ of GDP | 0.0041 current LCU per US$ of GDP | 5 |
Countries ranked near United States
- 152 United Arab Emirates 0.0238 current LCU per US$ of GDP compare
- 153 Micronesia (country) 0.0126 current LCU per US$ of GDP compare
- 154 Bahrain 0.0081 current LCU per US$ of GDP compare
- 156 Kuwait 0 current LCU per US$ of GDP compare
- 157 Zimbabwe 0 current LCU per US$ of GDP compare
More public sector data for United States
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 745.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in United States?
- Taxes on goods and services (current lcu), per unit of gdp in United States was 0.0037 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in United States?
- The highest recorded value was 0.0127 current LCU per US$ of GDP in 1981.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in United States?
- The lowest recorded value was 0.0034 current LCU per US$ of GDP in 2023.
- How does United States rank for taxes on goods and services (current lcu), per unit of gdp?
- United States ranks 155th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in United States?
- Over the last ten years it is down 34.5%. The long-run trend across the full record is falling.
- Where does this United States data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.