United States Government Revenues to GDP

General government revenue as a percentage of GDP.

Government Revenues to GDP in the United States increased to 29.89 percent of GDP in 2024 from 29.85 percent of GDP in 2023.

29.9%
▲ +0.0 pp2024 · previous 29.9%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

United States Government Revenues to GDP — History

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United States Government Revenues to GDP — analysis in simple words

Latest reading

Government Revenues to GDP in the United States increased to 29.89 percent of GDP in 2024 from 29.85 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 29.9%, so the latest figure is 0.0 percentage points higher.

Over the past five years the average was 31.0%, with a range from 29.9% to 33.1%. The latest value is below that five-year average.

Historical context

This data series starts in 1929 and has 96 annual observations. The latest reading is higher than 51% of all of them.

The highest value on record is 35.4% (2000) and the lowest is 3.3% (1932). The long-run average is 24.9%.

Compared with other countries

Among 151 economies with recent data, United States ranks 61st from the top. The median across all these economies is 27.2%, so United States is above the typical country.

Among 18 major economies tracked on this site it ranks 11th.

Statistics

Latest
29.9%2024
Previous
29.9%
5-year average
31.0%
Long-run average
24.9%since 1929
All-time high
35.4%2000
All-time low
3.3%1932
Observations
96Annual

Recent Data

PeriodValueChange
202429.9%▲ +0.0 pp
202329.9%▼ −3.2 pp
202233.1%▲ +1.3 pp
202131.8%▲ +1.2 pp
202030.6%▲ +0.6 pp
201930.0%▼ −0.0 pp
201830.0%▼ −0.4 pp
201730.4%▼ −0.6 pp
201631.0%▼ −0.5 pp
201531.5%▲ +0.2 pp
201431.3%▲ +0.1 pp
201331.2%▲ +2.1 pp
201229.1%▲ +0.0 pp
201129.1%▲ +0.3 pp
201028.8%▲ +0.5 pp
200928.2%▼ −2.3 pp
200830.5%▼ −1.1 pp
200731.6%▼ −0.0 pp
200631.7%▲ +0.8 pp
200530.9%▲ +1.4 pp
200429.5%▲ +0.2 pp
200329.3%▼ −0.6 pp
200229.9%▼ −2.4 pp
200132.3%▼ −3.1 pp
200035.4%▲ +0.5 pp
199934.9%▼ −0.0 pp
199834.9%▲ +0.4 pp
199734.6%▲ +0.3 pp
199634.3%▲ +0.5 pp
199533.8%

Government Revenues to GDP — United States vs Peers

Latest available reading for each economy (periods may differ). United States highlighted.

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Understanding Government Revenues to GDP — a simple guide

What it measures

General government revenue as a percentage of GDP.

How it is calculated

Total government income (taxes, fees, other receipts) ÷ GDP × 100.

Simple example

20% means the government collects one-fifth of GDP.

▲ When it is high or rising

Higher revenue gives more room to spend without borrowing.

▼ When it is low or falling

Lower revenue limits spending capacity.

Why it matters for the economy and markets

Revenue capacity determines how much a state can spend without borrowing.

How to read it

Advanced economies typically collect a much larger share of GDP than emerging economies.

Data source

IMF — Public Finances in Modern History (series rev), annual data from 1929 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government revenues to gdp of United States?
United States government revenues to gdp was 29.9% in 2024, compared with 29.9% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government revenues to gdp of United States?
Since 1929, the highest reading was 35.4% (2000) and the lowest was 3.3% (1932).
What does government revenues to gdp measure?
General government revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.