Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.6 % in Dec 2024.
• This records an increase from the previous number of 16.2 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 17.0 % from Dec 1968 to 2024, with 57 observations.
• The data reached an all-time high of 19.5 % in 2000 and a record low of 13.7 % in 2009.
• US Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. Tax Revenue is calculated as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD. The Bureau of Economic Analysis provides Nominal GDP in USD.

Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.

Income tax revenue in the United States amounted to 2.18 trillion U.S. dollars in 2023, which was about 8.1 percent of the U.S. GDP. The forecast predicts an increase in income tax revenue up to 3.97 trillion U.S. dollars in 2034, which would be about 9.3 percent of the projected U.S. GDP. The annual inflation rate in the U.S. since 1990 can be accessed here.

United States Federal Govt Receipts: Individual Income Taxes: as % of GDP data was reported at 8.100 % in 2023. This records a decrease from the previous number of 10.400 % for 2022. United States Federal Govt Receipts: Individual Income Taxes: as % of GDP data is updated yearly, averaging 7.700 % from Sep 1934 (Median) to 2023, with 90 observations. The data reached an all-time high of 10.400 % in 2022 and a record low of 0.700 % in 1935. United States Federal Govt Receipts: Individual Income Taxes: as % of GDP data remains active status in CEIC and is reported by Office of Management and Budget. The data is categorized under Global Database’s United States – Table US.F006: Federal Government Receipts and Outlays: Annual.

Graph and download economic data for Federal government current tax receipts (W006RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, federal, government, GDP, and USA.

CBO Projection: Revenues: Individual Income Taxes: % of GDP data was reported at 8.651 % in 2018. This records an increase from the previous number of 8.230 % for 2017. CBO Projection: Revenues: Individual Income Taxes: % of GDP data is updated yearly, averaging 8.544 % from Sep 2015 (Median) to 2018, with 4 observations. The data reached an all-time high of 8.651 % in 2018 and a record low of 8.230 % in 2017. CBO Projection: Revenues: Individual Income Taxes: % of GDP data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.F003: Federal Government Receipts & Outlays: Projection: Congressional Budget Office.

Key information about India Tax revenue: % of GDP

• India Tax revenue: % of GDP was reported at 6.8 % in Dec 2024.
• This records a decrease from the previous number of 9.1 % for Sep 2024.
• India Tax revenue: % of GDP data is updated quarterly, averaging 7.4 % from Jun 1997 to Dec 2024, with 111 observations.
• The data reached an all-time high of 10.8 % in Mar 2015 and a record low of 3.0 % in Jun 2003.
• India Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Controller General of Accounts provides Tax Revenue in local currency. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008. Tax Revenue covers Central Government only. Nominal GDP prior to Q2 2011 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices and prior to Q2 2004 is based on SNA 1993, at 1999-2000 prices.

Graph and download economic data for State and local government current tax receipts: Personal current taxes: Income taxes (B245RC1Q027SBEA) from Q1 1958 to Q2 2025 about state & local, receipts, tax, personal, government, income, GDP, and USA.

The GTED collects all publicly available data on tax expenditures (TEs) published by national governments worldwide from 1990 onwards, covering a total of 218 jurisdictions. Based on a step-by-step search process, 109 jurisdictions are currently classified as Non-reporting Jurisdictions. The remaining 109 ones do provide some type of TE data, which was gathered by the GTED team.

Wherever available, the GTED gathers revenue forgone estimates and number of beneficiaries of individual TE provisions. It also gathers metadata including the definition of the TE provision, its legal basis and duration.

Each record in the GTED is classified in four main categories: Tax Type, Policy Objective, Beneficiaries and Type of TE used. In some cases, second- or third-level categories have been introduced. For instance, Fuel Tax data is categorised at the third level within Tax Type: Taxes on Good and Services Excise Taxes Fuel Tax. If the information for a record is not available or unclear, the respective category is classified as Not stated/unclear.

When governments do not publish provision-level data but rather some kind of aggregated information, the GTED gathers this aggregate data. Likewise, if governments report on specific areas of TE only (such as tax incentives for investments, or TEs on income taxes) the GTED presents data on these areas alone. The terms TE reporting or TE report are used broadly, and refer to a large variety of public documents, ranging from annual, comprehensive reports on TEs that are part of governmental budget documentation to individual documents issued by a public body and providing some aggregate information on some specific TE mechanisms. As a minimum requirement, reports must contain some kind of information on the actual use of TE provisions. For instance, a list of available tax deductions for investments, provided by a governmental investment promotion agency, would not be considered a TE report unless they provide revenue forgone estimates or any other data that would allow users of the GTED to obtain information about the actual use of the respective TEs.

The GTED distinguishes regular and irregular reporting. A sequence of reports from 1995 to 2005 would not be considered regular reporting in the GTED, since the country had reported on a yearly basis, but not anymore. Likewise, regular is not necessarily related to annual reporting. Germany, for instance, publishes federal subsidy reports including TE data every two years since 1967. A total of 16 such reports have been issued since 1990, containing data on 29 budget years (until 2021). The GTED counts this as 31 years reported, because data is provided on a year-by-year basis and can be consulted and analysed as such.

The data is processed in a consistent format seeking to increase the level of longitudinal and cross-country comparability. Whereas revenue forgone estimates are provided as reported by governments (in local currency units, current prices), the GTED also provides figures converted into US dollars as well as indicators providing the revenue forgone through TE provisions as shares both of GDP and Tax Revenue – to compute these two indicators, data from the UNU-WIDER Government Revenue Dataset is used as input. The share of revenue forgone as a percentage of Tax Revenue is computed using figures of total tax revenue collected by countries' central governments. The share of revenue forgone as a percentage of Tax Revenue is computed using figures of total tax revenue collected by countries' central governments.

Besides all the effort put into ensuring comparability, cross-country analysis of TE data needs to be done cautiously. The main issue, which is inherent to TE data, regards benchmarking. TEs are defined as departures from – usually country-specific – normal tax structures or benchmarks. On this note, the GTED uses the data published by official governmental institutions, sticking to their own definitions of benchmarks, without trying to complement official figures or challenge what different countries consider as the standard tax system or the benchmark.

When it comes to the methodology used by governments to compute the fiscal cost of TE provisions, the vast majority of countries report on TEs based on the revenue forgone approach that estimates the amount by which taxpayers have their tax liabilities reduced as a result of a TE based on their actual current economic behaviour. Since the revenue forgone methodology is static, the potential interconnections between different TE provisions are not taken into account when computing the fiscal cost of TEs based on it. Hence, aggregating revenue forgone estimates of the individual provisions computed separately and without taking behavioural changes into account would not result in a figure that represents the total cost of all TEs.

While providing users of the database with the opportunity to draw comparisons across countries or country groups, we want to be clear that any such comparison should be mindful of different levels of reporting, differences in national benchmark systems and methodological shortcomings of revenue forgone estimations.

Country Income Groups and Regional Classifications are based on the latest World Bank classifications.

Over the last ten years, the need for sustainable tax revenues has become clear, in order to provide more public expenditures in areas such as, poverty alleviation, health, education, and infrastructure, as well as for payment of the recent social security reform, and banking sector support. The report examines the key problems in Mexico's tax, and revenue system, identifying administration as the weakest factor in its tax system, where such weakness has contributed to political resistance in broadening the tax base. In addition, the system relies heavily on oil revenues, only about thirty percent of the total, and dependent on world prices, thus, the rest of the economy will have to bear a larger tax burden as a share of GDP. Meanwhile, various exemptions, and special regimes erode the base of the most important taxes - Value Added Tax (VAT), corporate, and personal income taxes, and, most tax decisions, and the derived political consequences, continue at the national level, while the delivery of services is increasingly devolved to sub-national levels. Within the reform options, the most relevant fall in three areas: national tax policy, administration, and inter-governmental fiscal relations, where the central theme is to improve revenue capacity, efficiency, and horizontal equity of the system, by simplifying laws, eliminating exemptions, and facilitating compliance, and enforcement. Such reform strategy will be successful if implemented in a coordinated way, by reducing evasion, and improving collection; by the already implemented income tax reform (end of 2001), although the VAT and petroleum taxation remain on the agenda for future action; and, by the State cooperation in the tax reform program, to improve enforcement, particularly the VAT.

As of the first half of 2021, Nigerian government revenue from Personal Income Tax (PIT) amounted to around *** billion Nigerian naira (NGN), roughly *** million U.S. dollars. In 2020, a residency tax revenue of more than *** billion NGN, some *** billion U.S. dollars, was registered. This was the highest amount of taxes levied on individuals' net income and capital gains since 2010.

Revenue, expenditure and budgetary balance of 7 levels of general governments, by province and territory.

"The dataset shows GDP at Factor Cost, Consumption of Fixed Capital, NDP at Factor Cost, Indirect Taxes less Subsidies, GDP at Market Prices, NDP at Market Prices, Net Factor Income from Abroad, GNP at Factor Cost, NNP at Factor Cost, GNP at Market Prices, NNP at Market Prices, PFCE, PFCE in the Domestic Market, GFCE, Personal Disposable Income, GDP of Public sector, NDP of Public Sector, Gross Domestic Capital Formation, Net Domestic Capital Formation, Gross Domestic Saving, Net Domestic Saving, Per Capita GNP at Factor Cost (Rs), Per Capita NNP at Factor Cost (Rs), Net National Disposable Income, GNP at Basic Prices, Gross Capital Formation, Gross National Disposable Income, GVA at Basic Prices, Gross Savings, Net Capital Formation, Net Savings, NNP at Basic Prices, NVA at Basic Prices, Per Capita GDP, Per Capita GNP, Per Capita NNI, Per Capita PFCE, Per Capita GNDI, Other current transfers (net) from ROW, per capita GNI at factor cost, Net taxes on Products, Gross Domestic Product, Net Domestic Product, Primary income receivable from ROW (net), Gross National Income, Net National Income, Per Capita GNI at current prices

Note: 1. Data for 2021-22 are Third Revised Estimates, for 2022-23 are Second Revised Estimates and for 2023-24 are First Revised Estimates. 2. Data for 2024-25 are Provisional Estimates. 3. Population figures relates to mid-financial year. 4. For the years prior to 2004-05, the additivity of detailed estimates with the aggregates will not be maintained since estimates for that period at detailed and aggregate levels have been compiled by adopting the splicing method."

Interprovincial Trade Flows (15F0002XDB) The interprovincial and international trade flows for goods and services by province and territory are available at the S-level of commodity aggregation in EXCEL files. National Input - Output Tables (15F0041XDB) The Input-Output accounting system consists of three tables. The input tables (USE tables) detail the commodities that are consumed by various industries. Output tables (MAKE tables) detail the commodities that are produced by various industries. Final demand tables detail the commodities bought by many categories of buyers (consumers, industries and government) for both consumption and investment purposes. These tables allow users to track intersectional exchanges of goods and services between industries and final demand categories such as personal expenditures, capital expenditures and public sector expenditures. There are four levels of detail: the "W" or Worksheet level with 303 industries, 727 commodities and 170 final demand categories, the "L" or Link level (the most detailed level that allows the construction of consistent time series of annual data from 1961 to 2002) with 117 industries, 469 commodities and 123 final demand categories, the "M" or Medium level with 62 industries, 111 commodities and 39 final demand categories, and the "S" or Small level with 25 industries, 59 commodities and 16 final demand categories. In 2009, several changes were made to the accounting system: there is a new level "D" that is the Detailed level, there are no "M" or "W" level tables, and there are two "L" level tables representing 1961 and 1997 aggregations. Provincial Input-Output Tables (15F0042XDB) The provincial input-output tables are constructed every year. The tables are available at the "S" level only. National and Provincial Multipliers (15F0046XDB) These are a series of Input-Output multipliers and ratios that allow users to quickly estimate the direct, indirect and total impacts of increases in industrial output or increases in an industry's labour force. These are the GDP, labour income, employment and gross output multipliers and ratios. Capital income multipliers and ratios can be calculated by subtracting the labour income figures from the GDP figures. National Symmetric Input-Output Tables (15-207-XCB) The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables. The tables are available at the Detail level and at the Link 1997, Link 1961 and Summary aggregations. National Symmetric Input-Output Tables - Aggregation Level S (15-207-XCB) The Industry Accounts Division of Statistics Canada publishes annual supply and use input-output (I-O) tables. While these rectangular, industry by commodity closely reflect actual economic transactions, certain analytical and modeling purposes, however, require symmetric industry-by-industry I-O tables. The symmetric industry by industry table shows the inter-industry transactions, that is, all purchases of an industry from all other industries including expenditures on imports and inventory withdrawals as well as all expenditures on primary inputs. Similarly, the symmetric final demand table shows all purchases by a final demand category from all other industries, including expenditures on imports and inventory withdrawals as well as all expenditures on indirect taxes. National Symmetric Input-Output Tables - Aggregation Level L (15-208-XCB) The Industry Accounts Division of Statistics Canada publishes annual symmetric industry-by-industry I-O tables at the L level. The symmetric industry by industry table shows the inter-industry transactions, that is, all purchases of an industry from all other industries including expenditures on imports and inventory withdrawals as well as all expenditures on primary inputs. Similarly, the symmetric final demand table shows all purchases by a final demand category from all other industries, including expenditures on imports and inventory withdrawals as well as all expenditures on indirect taxes. Provincial GDP by Industry and Sector, at Basic Prices (15-209-XCB) This product presents estimates of Gross Domestic Product (GDP) by industry, in current dollars, evaluated at basic price for all provinces and territories. These estimates are derived from the provincial Input-Output tables. GDP measures the unduplicated value of production. The GDP by industry estimates are derived using a "value added" approach, that is, the value that a producer adds to their intermediate inputs before...

GDP: swda: HI: Current Taxes on Income & Wealth data was reported at 68.712 EUR bn in Dec 2024. This records a decrease from the previous number of 68.732 EUR bn for Sep 2024. GDP: swda: HI: Current Taxes on Income & Wealth data is updated quarterly, averaging 11.683 EUR bn from Mar 1949 (Median) to Dec 2024, with 304 observations. The data reached an all-time high of 70.396 EUR bn in Jun 2024 and a record low of 0.061 EUR bn in Mar 1949. GDP: swda: HI: Current Taxes on Income & Wealth data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A069: ESA 2010: GDP: Institutional Sectors: Household Income: Base 2020.

Thailand Income Payable: Secondary: Current Taxes on Income, Wealth, etc data was reported at 299,773.000 THB mn in 2016. This records an increase from the previous number of 290,182.000 THB mn for 2015. Thailand Income Payable: Secondary: Current Taxes on Income, Wealth, etc data is updated yearly, averaging 129,453.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 299,773.000 THB mn in 2016 and a record low of 46,514.000 THB mn in 1990. Thailand Income Payable: Secondary: Current Taxes on Income, Wealth, etc data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A036: SNA1993: GDP: Disposable Personal Income (Annual).

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

In September 2024, the disposable personal income in the United States increased by 0.3 percent from the previous month. The data are in current U.S. dollars, seasonally adjusted at annual rates. Disposable personal income in the United States According to the BEA, personal income is the income that is received by persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, minus contributions for government social insurance. In simple terms, disposable personal income is the total remaining income after taxes paid; it is the income available to persons for spending or saving. It is useful to economists because it measures the amount of money available for spending in a specific area. Disposable personal income is a significant indicator of an economy’s health. Personal income determines an individual’s ability to consume goods and services, i.e. personal consumption expenditure, and industries producing consumer goods and services contribute heavily to United States gross domestic product. The retail trade industry, for example, contributed 1.38 trillion chained U.S. dollars to the GDP of the United States in 2021. Total real GDP amounted to about 22.99 trillion U.S. dollars that year. The arts, entertainment, recreation, accommodation and food services industry contributed 839.6 billion U.S. dollars to the GDP in 2021. Personal income in the United States was 21.06 trillion U.S. dollars in 2021, the highest value in over ten years.

GDP: swda: HI: Social Contribution & Tax Burden data was reported at 112.322 EUR bn in Dec 2024. This records an increase from the previous number of 111.780 EUR bn for Sep 2024. GDP: swda: HI: Social Contribution & Tax Burden data is updated quarterly, averaging 26.241 EUR bn from Mar 1949 (Median) to Dec 2024, with 304 observations. The data reached an all-time high of 112.738 EUR bn in Jun 2024 and a record low of 0.121 EUR bn in Mar 1949. GDP: swda: HI: Social Contribution & Tax Burden data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A069: ESA 2010: GDP: Institutional Sectors: Household Income: Base 2020.

GDP: swda: HI: Current Taxes on Income & Wealth, etc data was reported at 57.334 EUR bn in Dec 2017. This records an increase from the previous number of 56.921 EUR bn for Sep 2017. GDP: swda: HI: Current Taxes on Income & Wealth, etc data is updated quarterly, averaging 9.563 EUR bn from Mar 1949 (Median) to Dec 2017, with 276 observations. The data reached an all-time high of 57.334 EUR bn in Dec 2017 and a record low of 0.059 EUR bn in Mar 1949. GDP: swda: HI: Current Taxes on Income & Wealth, etc data remains active status in CEIC and is reported by French National Institute for Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A043: ESA 2010: GDP: Institutional Sectors: Household Income: Base 2010. Changed base year from 2010 to 2014 Replacement series ID: 403927887