Government Revenues in the United States decreased to 338492 USD Million in July from 526445 USD Million in June of 2025. This dataset provides - United States Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the total revenues of the U.S. government totaled around 4.92 trillion U.S. dollars. Revenues consist of individual and corporate income taxes, payroll taxes and other taxes. Individual income taxes amounted to 2.43 trillion U.S. dollars in 2024, whereas corporate income taxes totaled 530 billion U.S. dollars.

Graph and download economic data for Federal Government Current Receipts (FGRECPT) from Q1 1947 to Q1 2025 about receipts, federal, government, GDP, and USA.

In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state. New York collected the second highest amount of taxes in that year, coming in at 125.19 billion U.S. dollars.

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.

Daily overview of federal revenue collections such as income tax deposits, customs duties, fees for government service, fines, and loan repayments.

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

The total receipts of the United States government added up to about 4.92 trillion U.S. dollars in 2024. This was a slight increase from 2023 levels.

Key information about United States Tax Revenue

• US Tax Revenue was reported at 510.819 USD bn in Jan 2025.
• This records an increase from the previous figure of 451.093 USD bn for Dec 2024.
• US Tax Revenue data is updated monthly, averaging 107.897 USD bn from Dec 1967 to Jan 2025, with 686 observations.
• The data reached an all-time high of 851.434 USD bn in Apr 2022 and a record low of 10.507 USD bn in Oct 1968.
• US Tax Revenue 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: USD: Monthly.

CEIC calculates monthly Tax Revenue 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.

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.

This dataset presents information on historical central government revenues for 31 countries in Europe and the Americas for the period from 1800 (or independence) to 2012. The countries included are: Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Denmark, Ecuador, Finland, France, Germany (West Germany between 1949 and 1990), Ireland, Italy, Japan, Mexico, New Zealand, Norway, Paraguay, Peru, Portugal, Spain, Sweden, Switzerland, the Netherlands, the United Kingdom, the United States, Uruguay, and Venezuela. In other words, the dataset includes all South American, North American, and Western European countries with a population of more than one million, plus Australia, New Zealand, Japan, and Mexico. The dataset contains information on the public finances of central governments. To make such information comparable cross-nationally the researchers chose to normalize nominal revenue figures in two ways: (i) as a share of the total budget, and (ii) as a share of total gross domestic product. The total tax revenue of the central state is disaggregated guided by the Government Finance Statistics Manual 2001 of the International Monetary Fund (IMF) which provides a classification of types of revenue, and describes in detail the contents of each classification category. Given the paucity of detailed historical data and the needs of our project, researchers combined some subcategories. First, they were interested in total tax revenue, as well as the shares of total revenue coming from direct and indirect taxes. Further, they measured two sub-categories of direct taxation, namely taxes on property and income. For indirect taxes, they separated excises, consumption, and customs.

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 August of 2025.

The total annual receipts of the U.S. government added up to about 8.4 trillion U.S. dollars in the first quarter of 2025. This is an increase from the first quarter of 2009, when annual governmental receipts totaled to about 3.7 trillion U.S. dollars.

Graph and download economic data for State and local government current tax receipts (W070RC1Q027SBEA) from Q1 1947 to Q1 2025 about state & local, receipts, tax, government, GDP, and USA.

This dataset shows the Federal Government Revenue, 2000 - 2021 Footnote Other includes revenue from stamp duties and real property gains tax. Total Non-Tax Revenue includes interest and returns on investment, licences, services fees, road tax, fines and penalties, rental, petroleum royalties, revenue from Federal Territories and non- revenue receipts.penalties, rental, petroleum royalties, revenue from Federal Territories and non- revenue receipts Source Ministry of Finance, Malaysia. No. of Views : 118

In 2023, revenue from individual income tax accounted for 49 percent of total tax revenues collected by the U.S. federal government. By 2029, these taxes are expected to account for 52 percent, reflecting a small decrease. Corporation income tax, however, is expected to increase from 9.4 percent in 2023, to 10.9 percent by 2029.

United States US: General Government: Revenue: Taxes: Income and Profits data was reported at 573.329 USD bn in Mar 2018. This records a decrease from the previous number of 613.311 USD bn for Dec 2017. United States US: General Government: Revenue: Taxes: Income and Profits data is updated quarterly, averaging 440.231 USD bn from Mar 2001 (Median) to Mar 2018, with 69 observations. The data reached an all-time high of 613.311 USD bn in Dec 2017 and a record low of 288.604 USD bn in Sep 2003. United States US: General Government: Revenue: Taxes: Income and Profits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.IFS: Government Finance: Operations Statement: Quarterly.

United States US: General Government: Revenue: Taxes: Trade data was reported at 11.159 USD bn in Jun 2018. This records an increase from the previous number of 10.316 USD bn for Mar 2018. United States US: General Government: Revenue: Taxes: Trade data is updated quarterly, averaging 7.346 USD bn from Mar 2001 (Median) to Jun 2018, with 70 observations. The data reached an all-time high of 11.159 USD bn in Jun 2018 and a record low of 4.714 USD bn in Mar 2002. United States US: General Government: Revenue: Taxes: Trade data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Government Finance: Operations Statement: Quarterly.

Revenue from income tax in the United States amounted to about 2.43 trillion U.S. dollars in 2024. The forecast predicts an increase in income tax revenues up to 4.41 trillion U.S. dollars in 2035.

United States US: Central Government: Revenue: Taxes: Income and Profits data was reported at 449.496 USD bn in Mar 2018. This records a decrease from the previous number of 491.477 USD bn for Dec 2017. United States US: Central Government: Revenue: Taxes: Income and Profits data is updated quarterly, averaging 350.108 USD bn from Mar 2001 (Median) to Mar 2018, with 69 observations. The data reached an all-time high of 491.867 USD bn in Sep 2017 and a record low of 226.281 USD bn in Sep 2003. United States US: Central Government: Revenue: Taxes: Income and Profits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.IFS: Government Finance: Operations Statement: Quarterly.