Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.5 % in Dec 2024.
• This records an increase from the previous number of 16.1 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 18.0 % 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.

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.

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

Government Revenues in the United States decreased to 404371 USD Million in October from 543663 USD Million in September 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 Federal government current tax receipts (W006RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, federal, government, GDP, and USA.

In the fiscal year of 2024, the state of California collected a total of 265 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 120 billion U.S. dollars.

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: Tax Receipts on Corporate Income (FCTAX) from 1929 to 2024 about receipts, tax, corporate, federal, government, income, 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.

View yearly updates and historical trends for US Tax Revenue. from United States. Source: World Bank. Track economic data with YCharts analytics.

Actual value and historical data chart for United States Tax Revenue Percent Of GDP

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.

Graph and download economic data for Federal Receipts (FYFR) from 1901 to 2025 about receipts, federal, and USA.

United States US: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. United States US: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data is updated yearly, averaging 0.000 % from Sep 1972 (Median) to 2016, with 45 observations. United States US: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

U.S. State and Local Tax Revenue - Historical chart and current data through 2025.

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.

This dataset contains revenue source level data for revenue actuals. Dataset is intended to match charts and tables in the "Tax Revenue" section of the Mayor`s Message publication. The amount is in millions of dollars. Data are from FY2001 and updated once a year.

Income tax revenue in the United States was 8.4 percent of GDP in 2024. This amounted to a total value of 2.4 trillion U.S. dollars. The share of this expenditure was expected to increase to 10 percent of U.S. GDP by 2035.The annual inflation rate in the U.S. since 1990 can be accessed here.

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 November of 2025.