Taxes on income, profits and capital gains in United States
United States: Taxes on income, profits and capital gains was 93.0% in 2024. ▲ Rising
Taxes on income, profits and capital gains in United States, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in United States stood at 93.0%. That is the highest value across all 53 years on record.
The figure is up 0.2% on the previous year and up 1.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in United States peaked at 93.0% in 2024 and was at its lowest, 82.8%, in 2017.
United States ranks 1st of 153 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on income, profits and capital gains in United States, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 84.0% | — |
| 1973 | 85.1% | +1.4% |
| 1974 | 86.2% | +1.2% |
| 1975 | 86.5% | +0.4% |
| 1976 | 85.9% | -0.7% |
| 1977 | 87.5% | +1.8% |
| 1978 | 88.8% | +1.5% |
| 1979 | 89.9% | +1.3% |
| 1980 | 89.0% | -1.0% |
| 1981 | 86.2% | -3.2% |
| 1982 | 86.7% | +0.7% |
| 1983 | 86.7% | -0.0% |
| 1984 | 86.7% | -0.0% |
| 1985 | 87.9% | +1.4% |
| 1986 | 88.6% | +0.8% |
| 1987 | 89.7% | +1.2% |
| 1988 | 89.3% | -0.4% |
| 1989 | 90.3% | +1.1% |
| 1990 | 89.8% | -0.5% |
| 1991 | 89.1% | -0.8% |
| 1992 | 88.6% | -0.5% |
| 1993 | 88.8% | +0.2% |
| 1994 | 88.3% | -0.5% |
| 1995 | 89.1% | +0.9% |
| 1996 | 90.2% | +1.3% |
| 1997 | 90.7% | +0.5% |
| 1998 | 91.0% | +0.4% |
| 1999 | 90.1% | -1.0% |
| 2000 | 91.2% | +1.1% |
| 2001 | 91.0% | -0.2% |
| 2002 | 89.6% | -1.5% |
| 2003 | 89.6% | -0.0% |
| 2004 | 89.7% | +0.2% |
| 2005 | 91.1% | +1.5% |
| 2006 | 91.9% | +0.9% |
| 2007 | 92.6% | +0.8% |
| 2008 | 91.9% | -0.7% |
| 2009 | 90.2% | -1.9% |
| 2010 | 91.3% | +1.2% |
| 2011 | 92.1% | +0.8% |
| 2012 | 91.9% | -0.2% |
| 2013 | 91.7% | -0.2% |
| 2014 | 91.9% | +0.2% |
| 2015 | 92.1% | +0.2% |
| 2016 | 92.3% | +0.2% |
| 2017 | 82.8% | -10.3% |
| 2018 | 90.9% | +9.8% |
| 2019 | 91.0% | +0.1% |
| 2020 | 92.0% | +1.0% |
| 2021 | 92.3% | +0.4% |
| 2022 | 92.9% | +0.6% |
| 2023 | 92.8% | -0.0% |
| 2024 | 93.0% | +0.2% |
United States compared with similar countries
- United States's 93.0% is above the median for high income countries, which is 43.9%, 2.1× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 86.7% | 84.0% | 89.9% | 8 |
| 1980s | 88.1% | 86.2% | 90.3% | 10 |
| 1990s | 89.6% | 88.3% | 91.0% | 10 |
| 2000s | 90.9% | 89.6% | 92.6% | 10 |
| 2010s | 90.8% | 82.8% | 92.3% | 10 |
| 2020s | 92.6% | 92.0% | 93.0% | 5 |
Countries ranked near United States
- 2 East Timor 81.8% compare
- 3 Equatorial Guinea 79.2% compare
- 4 Canada 78.5% compare
More public sector data for United States
- Democracy, 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)
- Elected parliament, 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)
- 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 income, profits and capital gains in United States?
- Taxes on income, profits and capital gains in United States was 93.0% 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?
- The highest recorded value was 93.0% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in United States?
- The lowest recorded value was 82.8% in 2017.
- How does United States rank for taxes on income, profits and capital gains?
- United States ranks 1st out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in United States?
- Over the last ten years it is up 1.2%. 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 income, profits and capital gains (% of total taxes). 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 as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.