Taxes on goods and services (current LCU) in United States
United States: Taxes on goods and services (current LCU) was 108.24 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in United States, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
United States recorded 108.24 billion current LCU for taxes on goods and services in 2024.
Compared with earlier readings it is up 13.5% on the previous year and up 9.0% over ten years.
Over the whole period, taxes on goods and services in United States peaked at 110.17 billion current LCU in 2018 and was at its lowest, 15.28 billion current LCU, in 1972.
United States ranks 77th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on goods and services (current LCU) in United States, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 15.28 billion current LCU | — |
| 1973 | 16.05 billion current LCU | +5.0% |
| 1974 | 16.63 billion current LCU | +3.6% |
| 1975 | 16.41 billion current LCU | -1.3% |
| 1976 | 16.83 billion current LCU | +2.6% |
| 1977 | 17.37 billion current LCU | +3.2% |
| 1978 | 18.15 billion current LCU | +4.5% |
| 1979 | 18.54 billion current LCU | +2.1% |
| 1980 | 24.08 billion current LCU | +29.9% |
| 1981 | 40.68 billion current LCU | +68.9% |
| 1982 | 36.14 billion current LCU | -11.2% |
| 1983 | 35.18 billion current LCU | -2.7% |
| 1984 | 37.05 billion current LCU | +5.3% |
| 1985 | 35.67 billion current LCU | -3.7% |
| 1986 | 32.49 billion current LCU | -8.9% |
| 1987 | 32.01 billion current LCU | -1.5% |
| 1988 | 35.02 billion current LCU | +9.4% |
| 1989 | 33.58 billion current LCU | -4.1% |
| 1990 | 34.88 billion current LCU | +3.9% |
| 1991 | 41.86 billion current LCU | +20.0% |
| 1992 | 45.05 billion current LCU | +7.6% |
| 1993 | 47.53 billion current LCU | +5.5% |
| 1994 | 54.63 billion current LCU | +14.9% |
| 1995 | 56.92 billion current LCU | +4.2% |
| 1996 | 53.45 billion current LCU | -6.1% |
| 1997 | 56.06 billion current LCU | +4.9% |
| 1998 | 56.43 billion current LCU | +0.7% |
| 1999 | 68.92 billion current LCU | +22.1% |
| 2000 | 67.13 billion current LCU | -2.6% |
| 2001 | 64.65 billion current LCU | -3.7% |
| 2002 | 66.89 billion current LCU | +3.5% |
| 2003 | 68.75 billion current LCU | +2.8% |
| 2004 | 71.98 billion current LCU | +4.7% |
| 2005 | 74.08 billion current LCU | +2.9% |
| 2006 | 72.56 billion current LCU | -2.0% |
| 2007 | 65.83 billion current LCU | -9.3% |
| 2008 | 64.74 billion current LCU | -1.7% |
| 2009 | 68.30 billion current LCU | +5.5% |
| 2010 | 68.18 billion current LCU | -0.2% |
| 2011 | 76.73 billion current LCU | +12.5% |
| 2012 | 81.66 billion current LCU | +6.4% |
| 2013 | 90.01 billion current LCU | +10.2% |
| 2014 | 99.32 billion current LCU | +10.3% |
| 2015 | 103.74 billion current LCU | +4.4% |
| 2016 | 99.74 billion current LCU | -3.9% |
| 2017 | 92.92 billion current LCU | -6.8% |
| 2018 | 110.17 billion current LCU | +18.6% |
| 2019 | 97.16 billion current LCU | -11.8% |
| 2020 | 86.72 billion current LCU | -10.7% |
| 2021 | 91.46 billion current LCU | +5.5% |
| 2022 | 99.41 billion current LCU | +8.7% |
| 2023 | 95.36 billion current LCU | -4.1% |
| 2024 | 108.24 billion current LCU | +13.5% |
United States compared with similar countries
- United States's 108.24 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 2.8× the median. (57 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) 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 | +68.9% | 24.08 billion current LCU | 40.68 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.91 billion current LCU | 15.28 billion current LCU | 18.54 billion current LCU | 8 |
| 1980s | 34.19 billion current LCU | 24.08 billion current LCU | 40.68 billion current LCU | 10 |
| 1990s | 51.57 billion current LCU | 34.88 billion current LCU | 68.92 billion current LCU | 10 |
| 2000s | 68.49 billion current LCU | 64.65 billion current LCU | 74.08 billion current LCU | 10 |
| 2010s | 91.96 billion current LCU | 68.18 billion current LCU | 110.17 billion current LCU | 10 |
| 2020s | 96.24 billion current LCU | 86.72 billion current LCU | 108.24 billion current LCU | 5 |
Countries ranked near United States
- 74 Netherlands 116.90 billion current LCU compare
- 75 North Macedonia 115.06 billion current LCU compare
- 76 Australia 110.61 billion current LCU compare
- 78 Macao 96.35 billion current LCU compare
- 79 Mauritius 91.64 billion current LCU compare
- 80 Equatorial Guinea 89.25 billion current LCU 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in United States?
- Taxes on goods and services in United States was 108.24 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in United States?
- The highest recorded value was 110.17 billion current LCU in 2018.
- What is the lowest taxes on goods and services recorded in United States?
- The lowest recorded value was 15.28 billion current LCU in 1972.
- How does United States rank for taxes on goods and services?
- United States ranks 77th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in United States?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this United States data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.