In 2023, the total revenues of the U.S. government totaled around 4.44 trillion U.S. dollars. Revenues consist of individual and corporate income taxes, payroll taxes and other taxes. Individual income taxes amounted to 2.18 trillion U.S. dollars in 2023, whereas corporate income taxes totaled 420 billion U.S. dollars.

Graph and download economic data for Federal Government Current Receipts (FGRECPT) from Q1 1947 to Q3 2024 about receipts, federal, government, GDP, and USA.

The total receipts of the United States government added up to about 4.44 trillion U.S. dollars in 2023. This was a slight decrease from 2022 levels. By 2029, the total receipts of the U.S. government are expected to increase to about 6.8 trillion U.S. dollars.

Graph and download economic data for State and local government current tax receipts (W070RC1Q027SBEA) from Q1 1947 to Q4 2024 about state & local, receipts, tax, government, GDP, and USA.

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.

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.

Graph and download economic data for Federal Government: Tax Receipts on Corporate Income (FCTAX) from 1929 to 2024 about receipts, tax, federal, corporate, government, income, GDP, and USA.

Federal revenue amounted to 4.44 trillion U.S. dollars in 2023, which was about 16.5 percent of the U.S. GDP. The forecast predicts an increase in federal revenue up to 7.47 trillion U.S. dollars in 2034, which would be about 17.9 percent of the respective U.S. GDP.

United States US: Expenditure: Interest Payments: % of Revenue data was reported at 13.642 % in 2016. This records an increase from the previous number of 12.630 % for 2015. United States US: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 15.112 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 19.229 % in 1985 and a record low of 6.428 % in 1973. United States US: Expenditure: Interest Payments: % of Revenue 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. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

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.

Graph and download economic data for General Government Revenue for United States (USAGGRGDP) from 2011 to 2024 about revenue, government, and USA.

The total annual receipts of the U.S. government added up to about 7.8 trillion U.S. dollars in the first quarter of 2024. This is an increase from the first quarter of 2009, when annual governmental receipts totaled to about 3.7 trillion U.S. dollars.

Government Revenues in Brazil increased to 261265 BRL Million in December from 209218 BRL Million in November of 2024. This dataset provides - Brazil Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal government current tax receipts: Taxes on corporate income from Q1 1947 to Q3 2024 about receipts, tax, federal, corporate, government, income, GDP, and USA.

United States US: Central Government: Revenue: Taxes: Income and Profits data was reported at 1,944.008 USD bn in 2017. This records an increase from the previous number of 1,871.737 USD bn for 2016. United States US: Central Government: Revenue: Taxes: Income and Profits data is updated yearly, averaging 1,395.027 USD bn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 1,944.008 USD bn in 2017 and a record low of 963.255 USD bn in 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: Annual.

This summary table shows, for Budget Receipts, the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for various types of receipts (i.e. individual income tax, corporate income tax, etc.). The Budget Outlays section of the table shows the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for functions of the federal government. The table also shows the amounts for the budget/surplus deficit categorized as listed above. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

United States US: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 53.743 % in 2016. This records a decrease from the previous number of 54.048 % for 2015. United States US: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 53.312 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 59.358 % in 1972 and a record low of 45.501 % in 2009. United States US: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue 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. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

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.

United States US: Revenue Excluding Grants: % of GDP data was reported at 18.696 % in 2016. This records a decrease from the previous number of 19.154 % for 2015. United States US: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 18.156 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 20.508 % in 2000 and a record low of 15.728 % in 2009. United States US: Revenue Excluding Grants: % 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. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

United States US: Social Contributions: % of Revenue data was reported at 35.322 % in 2016. This records an increase from the previous number of 34.376 % for 2015. United States US: Social Contributions: % of Revenue data is updated yearly, averaging 34.145 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 41.910 % in 2009 and a record low of 23.601 % in 1972. United States US: Social Contributions: % of Revenue 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. Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;