United States - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in United States was 17.63 as of 2020. Its highest value over the past 48 years was 20.57 in 2000, while its lowest value was 15.70 in 2009.

Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.

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

See also:

Year Value
1972 16.72
1973 17.11
1974 17.97
1975 17.31
1976 16.60
1977 17.84
1978 17.71
1979 18.60
1980 19.10
1981 19.95
1982 19.73
1983 17.98
1984 17.79
1985 18.24
1986 17.97
1987 18.74
1988 18.38
1989 18.55
1990 18.21
1991 18.13
1992 17.65
1993 18.05
1994 18.26
1995 18.78
1996 18.95
1997 19.42
1998 19.83
1999 19.78
2000 20.57
2001 19.52
2002 17.38
2003 16.78
2004 16.85
2005 17.94
2006 18.63
2007 18.69
2008 17.79
2009 15.70
2010 16.47
2011 16.70
2012 16.81
2013 18.87
2014 18.94
2015 19.07
2016 18.65
2017 19.49
2018 17.49
2019 17.45
2020 17.63

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance