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.

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.

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.

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.

Government Revenues in the United States increased to 526445 USD Million in June from 371229 USD Million in May of 2025. This dataset provides - United States Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Government current tax receipts (W054RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, government, GDP, and USA.

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.

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.

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.

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.

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

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

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.

In 2021, state and local governments in the United States collected about 6,334 U.S. dollars per capita in tax revenue. This is a significant increase from the previous year, when state and local governments collected 5,627 U.S. dollars per capita in tax revenue.

Graph and download economic data for Total Federal Receipts (MTSR133FMS) from Oct 1980 to Jun 2025 about receipts, federal, and USA.

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

Revenue from payroll taxes in the United States amounted to about 1.61 trillion U.S. dollars in 2023. The forecast predicts an increase in payroll taxes revenue up to 2.47 trillion U.S. dollars in 2034.

Graph and download economic data for Federal government current tax receipts: Personal current taxes (A074RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, federal, government, personal, GDP, and USA.

Customs and other import duties (% of tax revenue) in United States was reported at 2.7662 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Customs and other import duties (% of tax revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.