Taxes on income, profits and capital gains in United States of America
United States of America: Taxes on income, profits and capital gains was 2.93 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
2.93 trillion current LCU
Change on year
up 7.0%
World rank
22nd
of 153 countries
All-time high
3.05 trillion current LCU
in 2022
All-time low
126.96 billion current LCU
in 1972
Years of data
53
1972–2024
Taxes on income, profits and capital gains in United States of America, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on income, profits and capital gains in United States of America stood at 2.93 trillion current LCU.
The figure is up 7.0% on the previous year and up 66.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in United States of America peaked at 3.05 trillion current LCU in 2022 and was at its lowest, 126.96 billion current LCU, in 1972.
That places United States of America 22nd out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in United States of America, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 126.96 billion current LCU | — |
| 1973 | 139.47 billion current LCU | +9.9% |
| 1974 | 157.64 billion current LCU | +13.0% |
| 1975 | 163.08 billion current LCU | +3.5% |
| 1976 | 173.07 billion current LCU | +6.1% |
| 1977 | 211.69 billion current LCU | +22.3% |
| 1978 | 241.03 billion current LCU | +13.9% |
| 1979 | 283.59 billion current LCU | +17.7% |
| 1980 | 308.74 billion current LCU | +8.9% |
| 1981 | 346.78 billion current LCU | +12.3% |
| 1982 | 347.42 billion current LCU | +0.2% |
| 1983 | 326.08 billion current LCU | -6.1% |
| 1984 | 355.53 billion current LCU | +9.0% |
| 1985 | 396.10 billion current LCU | +11.4% |
| 1986 | 412.31 billion current LCU | +4.1% |
| 1987 | 476.72 billion current LCU | +15.6% |
| 1988 | 495.65 billion current LCU | +4.0% |
| 1989 | 549.32 billion current LCU | +10.8% |
| 1990 | 560.57 billion current LCU | +2.0% |
| 1991 | 566.13 billion current LCU | +1.0% |
| 1992 | 576.94 billion current LCU | +1.9% |
| 1993 | 627.41 billion current LCU | +8.7% |
| 1994 | 683.68 billion current LCU | +9.0% |
| 1995 | 747.43 billion current LCU | +9.3% |
| 1996 | 828.53 billion current LCU | +10.9% |
| 1997 | 920.25 billion current LCU | +11.1% |
| 1998 | 1.02 trillion current LCU | +10.5% |
| 1999 | 1.06 trillion current LCU | +4.6% |
| 2000 | 1.21 trillion current LCU | +13.9% |
| 2001 | 1.14 trillion current LCU | -5.8% |
| 2002 | 966.36 billion current LCU | -15.3% |
| 2003 | 963.66 billion current LCU | -0.3% |
| 2004 | 1.05 trillion current LCU | +8.5% |
| 2005 | 1.27 trillion current LCU | +21.3% |
| 2006 | 1.44 trillion current LCU | +13.2% |
| 2007 | 1.51 trillion current LCU | +5.4% |
| 2008 | 1.40 trillion current LCU | -7.8% |
| 2009 | 1.03 trillion current LCU | -26.0% |
| 2010 | 1.18 trillion current LCU | +14.0% |
| 2011 | 1.37 trillion current LCU | +16.4% |
| 2012 | 1.46 trillion current LCU | +6.4% |
| 2013 | 1.62 trillion current LCU | +11.1% |
| 2014 | 1.76 trillion current LCU | +8.9% |
| 2015 | 1.88 trillion current LCU | +6.8% |
| 2016 | 1.88 trillion current LCU | +0.0% |
| 2017 | 1.87 trillion current LCU | -0.8% |
| 2018 | 1.86 trillion current LCU | -0.2% |
| 2019 | 1.94 trillion current LCU | +3.9% |
| 2020 | 1.99 trillion current LCU | +2.9% |
| 2021 | 2.49 trillion current LCU | +25.1% |
| 2022 | 3.05 trillion current LCU | +22.3% |
| 2023 | 2.74 trillion current LCU | -10.2% |
| 2024 | 2.93 trillion current LCU | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 187.07 billion current LCU | 126.96 billion current LCU | 283.59 billion current LCU | 8 |
| 1980s | 401.46 billion current LCU | 308.74 billion current LCU | 549.32 billion current LCU | 10 |
| 1990s | 759.25 billion current LCU | 560.57 billion current LCU | 1.06 trillion current LCU | 10 |
| 2000s | 1.20 trillion current LCU | 963.66 billion current LCU | 1.51 trillion current LCU | 10 |
| 2010s | 1.68 trillion current LCU | 1.18 trillion current LCU | 1.94 trillion current LCU | 10 |
| 2020s | 2.64 trillion current LCU | 1.99 trillion current LCU | 3.05 trillion current LCU | 5 |
Countries ranked near United States of America
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 income, profits and capital gains in United States of America?
- Taxes on income, profits and capital gains in United States of America was 2.93 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in United States of America?
- The highest recorded value was 3.05 trillion current LCU in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in United States of America?
- The lowest recorded value was 126.96 billion current LCU in 1972.
- How does United States of America rank for taxes on income, profits and capital gains?
- United States of America ranks 22nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in United States of America?
- Over the last ten years it is up 66.3%. The long-run trend across the full record is volatile.
- 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.