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

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. 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.
Publisher
The World Bank
Origin
United States
Records
63
Source
United States | Revenue, excluding grants (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 16.72178311
1973 17.11408078
1974 17.9661063
1975 17.30840451
1976 16.6033953
1977 17.83578455
1978 17.7143297
1979 18.59756643
1980 19.10470243
1981 19.94954227
1982 19.72642413
1983 17.9777977
1984 17.79070951
1985 18.24046625
1986 17.97240869
1987 18.73902598
1988 18.38215214
1989 18.55065425
1990 18.20583236
1991 18.13131878
1992 17.648348
1993 18.04562737
1994 18.25726517
1995 18.78045993
1996 18.95214763
1997 19.41590704
1998 19.82871067
1999 19.78211486
2000 20.57614574
2001 19.50891325
2002 17.38421414
2003 16.77744096
2004 16.84343831
2005 17.92858722
2006 18.62870763
2007 18.65678435
2008 17.71315483
2009 15.66665028
2010 16.40345028
2011 16.62943918
2012 16.74773749
2013 18.78242787
2014 18.9205858
2015 19.08821565
2016 18.64971719
2017 19.34243982
2018 17.58445635
2019 17.41943576
2020 17.99382279
2021 18.95301793
2022 19.79971187

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

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. 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.
Publisher
The World Bank
Origin
United States
Records
63
Source