Tax Revenue (As % of GDP) rose to 11.9% in USA in 2017

Tax Revenue (As % of GDP) (%)
Economy | USA | May 17, 2019
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Tax revenue as a share of GDP reached 11.9 % in 2017 in USA, according to the National Statistical Office. This is 8.78 % more than in the previous year.

Historically, tax revenue as a share of GDP in USA reached an all time high of 12.9 % in 2000 and an all time low of 7.94 % in 2009. When compared to USA's main peers, tax revenue as a share of GDP in Canada amounted to 12.5 %, 11.6 % in Japan and 13.1 % in Mexico in 2017.

USA has been ranked 91st within the group of 107 countries we follow in terms of tax revenue as a share of GDP, 15 places above the position seen 10 years ago.

Tax revenue refers to compulsory transfers to the central government for public purposes.

Tax Revenue (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 20.4% 21.2% 22.1% 22.0% 22.0%
Belize % 22.6% 22.5% 23.4% 25.1% 24.5%
Canada % 11.8% 11.7% 11.7% 11.8% 12.4%
China % 10.3% 10.2% 9.87% 9.67% 9.37% ...
Guatemala % 10.8% 10.8% 10.9% 10.8% 10.2% ...
Honduras % 14.8% 14.7% 15.1% 16.5% 17.3% ... ...
India % 8.98% 10.8% 11.0% ... ... ... ...
Japan % 9.36% 9.68% 10.4% 11.5% 11.4%
Mexico % 10.0% 9.77% 10.3% 10.6% 12.8%
Russia % 13.9% 13.7% 12.9% 13.2% 10.6%
South Korea % 14.4% 14.7% 14.3% 13.9% 13.9%
USA % 9.57% 9.80% 10.5% 11.0% 11.2%
United Kingdom % 25.9% 25.1% 25.1% 24.8% 25.1%