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Taxes on Goods and Services (As % of Revenue) in USA

Source: World Bank
Last Updated: July 1, 2023

Taxes on goods and services as a share of revenue reached 2.42% in 2020 in the USA, according to the National Statistical Office. This is 6.93% less than in the previous year.

Historically, taxes on goods and services as a share of revenue in the USA reached an all time high of 7.14% in 1972 and an all time low of 2.42% in 2020.

USA has been ranked 111th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.

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