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.

Tax revenue (% of GDP) in United States was reported at 10.65 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

Corporate income tax revenue in the United States amounted to 420 billion U.S. dollars in 2023, which was about 1.6 percent of the U.S. GDP. The forecast predicts an increase in corporate income tax revenue up to 551 billion U.S. dollars in 2034, which would be about 1.2 percent of the projected U.S. GDP.

Graph and download economic data for Gross Domestic Income: Taxes on Production and Imports (GDITAXES) from Q1 1947 to Q2 2025 about GDI, imports, tax, production, income, GDP, and USA.

Federal revenue amounted to 4.92 trillion U.S. dollars in 2024, which was about 17.1 percent of the U.S. GDP. The forecast predicts an increase in federal revenue up to eight trillion U.S. dollars in 2035, which would be about 18.3 percent of the respective U.S. GDP.

Graph and download economic data for Federal government current tax receipts (NA000327Q) from Q1 1947 to Q1 2025 about receipts, tax, federal, government, GDP, and USA.

United States Mercury: Tax Revenue: % of GDP data was reported at 0.006 % in 2021. This records a decrease from the previous number of 0.006 % for 2020. United States Mercury: Tax Revenue: % of GDP data is updated yearly, averaging 0.011 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.016 % in 1995 and a record low of 0.006 % in 2021. United States Mercury: Tax Revenue: % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Cross Cutting Domains: OECD Member: Annual.

Tax revenue as a percentage of gross domestic product (GDP) reached 21.5 percent in Latin America and the Caribbean in 2022. Based on an unweighted average among 26 countries in the region, tax revenue as share of GPD has generally stay between 21.5 and 22.9 percent since 2014.

Graph and download economic data for Government current tax receipts: Taxes on corporate income (W025RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, corporate, government, income, GDP, and USA.

Tax revenue (% of GDP) in North America was reported at 11.41 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. North America - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

United States Mercury: Tax Revenue: % of GDP: Transport data was reported at 0.000 % in 2021. This records a decrease from the previous number of 0.000 % for 2020. United States Mercury: Tax Revenue: % of GDP: Transport data is updated yearly, averaging 0.000 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.000 % in 1998 and a record low of 0.000 % in 2019. United States Mercury: Tax Revenue: % of GDP: Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Cross Cutting Domains: OECD Member: Annual.

In 2022, tax revenues in Brazil represented 33.3 percent of its GDP. This made it the country with the largest volume of taxes in relation to gross domestic product in Latin America and the Caribbean. In Barbados and Argentina, tax revenue was equal to approximately one third of GDP. Guyana, on the other hand, was the nation with the lowest share of tax to GDP, at only 10.6 percent, almost eleven percentage points below the regional average, 21.5 percent.

United States US: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 10.893 % in 2016. This records a decrease from the previous number of 11.239 % for 2015. United States US: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 10.893 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 12.928 % in 2000 and a record low of 7.936 % in 2009. United States US: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

GDI: Taxes on Production & Imports data was reported at 509.328 USD bn in Mar 2025. This records an increase from the previous number of 501.456 USD bn for Dec 2024. GDI: Taxes on Production & Imports data is updated quarterly, averaging 298.176 USD bn from Mar 2002 (Median) to Mar 2025, with 93 observations. The data reached an all-time high of 509.328 USD bn in Mar 2025 and a record low of 185.698 USD bn in Mar 2002. GDI: Taxes on Production & Imports data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A068: NIPA 2023: GDP by Income: Gross Domestic Income.

United States Circular Economy: Tax Revenue: % of GDP data was reported at 0.156 % in 2021. This records a decrease from the previous number of 0.169 % for 2020. United States Circular Economy: Tax Revenue: % of GDP data is updated yearly, averaging 0.178 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.215 % in 1995 and a record low of 0.156 % in 2021. United States Circular Economy: Tax Revenue: % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Cross Cutting Domains: OECD Member: Annual.

This scatter chart displays GDP (current US$) against tax revenue (% of GDP). The data is about countries.

Graph and download economic data for State and local government current tax receipts: Personal current taxes (NA000321Q) from Q1 1947 to Q2 2025 about state & local, receipts, tax, government, personal, GDP, and USA.

United States Radiation: Tax Revenue: % of GDP: Pollution data was reported at 0.000 % in 2021. This stayed constant from the previous number of 0.000 % for 2020. United States Radiation: Tax Revenue: % of GDP: Pollution data is updated yearly, averaging 0.000 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.001 % in 1994 and a record low of 0.000 % in 2021. United States Radiation: Tax Revenue: % of GDP: Pollution data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Environmental Protection Domains: OECD Member: Annual.