United States - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in United States was 2,086,870,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 2,288,650,000,000 in 2017 and a minimum value of 151,190,000,000 in 1972.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 151,190,000,000
1973 163,850,000,000
1974 182,920,000,000
1975 188,470,000,000
1976 201,370,000,000
1977 241,880,000,000
1978 271,430,000,000
1979 315,380,000,000
1980 346,830,000,000
1981 402,500,000,000
1982 400,540,000,000
1983 376,060,000,000
1984 410,210,000,000
1985 450,570,000,000
1986 465,430,000,000
1987 531,590,000,000
1988 554,850,000,000
1989 608,300,000,000
1990 624,060,000,000
1991 635,540,000,000
1992 651,000,000,000
1993 706,770,000,000
1994 774,160,000,000
1995 838,920,000,000
1996 918,230,000,000
1997 1,014,570,000,000
1998 1,117,430,000,000
1999 1,180,780,000,000
2000 1,329,630,000,000
2001 1,254,770,000,000
2002 1,078,490,000,000
2003 1,075,840,000,000
2004 1,165,210,000,000
2005 1,392,810,000,000
2006 1,562,610,000,000
2007 1,634,130,000,000
2008 1,517,780,000,000
2009 1,144,280,000,000
2010 1,288,680,000,000
2011 1,488,050,000,000
2012 1,587,020,000,000
2013 1,765,760,000,000
2014 1,918,850,000,000
2015 2,044,360,000,000
2016 2,040,360,000,000
2017 2,288,650,000,000
2018 2,039,750,000,000
2019 2,147,850,000,000
2020 2,086,870,000,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in United States was 9.96 as of 2020. Its highest value over the past 48 years was 12.97 in 2000, while its lowest value was 7.92 in 2009.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 11.82
1973 11.50
1974 11.84
1975 11.19
1976 10.75
1977 11.62
1978 11.54
1979 12.00
1980 12.14
1981 12.55
1982 11.98
1983 10.35
1984 10.16
1985 10.38
1986 10.16
1987 10.95
1988 10.60
1989 10.78
1990 10.47
1991 10.32
1992 9.98
1993 10.30
1994 10.62
1995 10.98
1996 11.37
1997 11.83
1998 12.33
1999 12.26
2000 12.97
2001 11.86
2002 9.86
2003 9.39
2004 9.54
2005 10.68
2006 11.31
2007 11.31
2008 10.32
2009 7.92
2010 8.60
2011 9.57
2012 9.80
2013 10.52
2014 10.95
2015 11.21
2016 10.88
2017 11.71
2018 9.90
2019 10.02
2020 9.96

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance