Revenue Statistics 2018 - the United States
[Pages:2]Revenue Statistics 2022 - the United States
Tax-to-GDP ratio
Tax-to-GDP ratio over time
The OECD's annual Revenue Statistics report found that the tax-to-GDP ratio in the United States increased by 0.8 percentage points from 25.8% in 2020 to 26.6% in 2021. Between 2020 and 2021, the OECD average increased from 33.6% to 34.1%. The tax-to-GDP ratio in the United States has decreased from 28.3% in 2000 to 26.6% in 2021. Over the same period, the OECD average in 2021 was above that in 2000 (34.1% compared with 32.9%). During that period, the highest tax-to-GDP ratio in the United States was 28.3% in 2000, with the lowest being 22.9% in 2009.
55 % of GDP 50 45 40 35 30 25 20 15 10 5 0
Range OECD members
United States
OECD
34.1 26.6
Tax-to-GDP ratio compared to the OECD, 2021
The United States ranked 32nd? out of 38 OECD countries in terms of the tax-to-GDP ratio in 2021. In 2021, the United States had a tax-to-GDP ratio of 26.6% compared with the OECD average of 34.1%. In 2020, the United States was also ranked 32nd out of the 38 OECD countries in terms of the tax-to-GDP ratio.
50 %#Nof/AG#DNP/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
45 46.9
45.1
40
43.5 43.3 43.0 42.6 42.2 42.0
35 30 25
39.7 39.5 39.0 38.6 38.4 37.4 36.8 35.8 35.8 35.1 34.1 34.0 33.8 33.8 33.5 33.5 33.2 33.2 32.8 32.2 31.2 29.9 28.5 28.0 26.6
20
24.2 22.8 22.2 21.1
19.5
15
16.7
10
5
0
* Australia and Japan are unable to provide provisional 2021 data, therefore their latest 2020 data are presented within this country note. 1. In this note, the country with the highest level or share is ranked first and the country with the lowest level or share is ranked 38th.
Note: In the OECD classification the term "taxes" is confined to compulsory unrequited payments to general government or to a supranational authority. Taxes are unrequited in the sense that benefits provided by government to taxpayers are not normally in proportion to their payments.
Tax structures Tax structure compared to the OECD average, 2020
The structure of tax receipts in the United States compared with the OECD average is shown in the figure below.
% of total tax revenues
41
United States
OECD average
24
25 27
20 17
9 5
12
6 1
12 1
Taxes on personal Taxes on corporate Social security income, profits and income and gains contributions
gains
Payroll taxes
Taxes on property Value Added Taxes/Goods and Services Tax
Taxes on goods and services (excluding VAT/GST)
Other
Relative to the OECD average, the tax structure in the United States is characterised by:
?
Substantially higher revenues from taxes on personal income, taxes and goods & services taxes (excluding VAT/GST).
profits
&
gains,
and
higher
revenues
from
property
? A lower proportion of revenues from taxes on corporate income & gains and social security contributions.
? No revenues from payroll taxes; and value-added taxes.
Tax structure
Taxes on income, profits and capital gains?
Tax Revenues in national currency
US Dollar, millions
2019
2020
2 482 885
2 446 932
D - 35 954
Tax structure in the United States %
2019 2020 D
46
45 - 1
of which
Personal income, profits and gains
2 192 995
2 183 169
- 9 826 41
41
-
Corporate income and gains
289 890
263 763
- 26 127 5
5
-
Social security contributions
1 308 696
1 333 998
+ 25 302 24
25 + 1
Payroll taxes
2 264
3 386
+ 1 122 -
-
-
Taxes on property?
649 494
669 173
+ 19 679 12
12
-
Taxes on goods and services
941 692
926 730
- 14 963 17
17
-
of which VAT
-
-
- -
-
-
Other
-
-
- -
-
-
TOTAL
5 385 030
5 380 217
- 4 813 100 100
-
Tax revenue includes net receipts for all levels of government; figures in the chart and table may not sum to the total due to rounding.
1. Includes income taxes not allocable to either personal or corporate income.
Source: OECD Revenue Statistics 2022
Position in OECD?
2019 2020 D
7th
8th
- 1
4th 3rd + 1
31st 33rd - 2
25th 26th - 1
19th 19th
-
2nd 2nd
-
38th 38th
-
38th 38th
-
36th 36th
-
-
-
-
Kurt Van Dender
Centre for Tax Policy and Administration Acting Head, Tax Policy and Statistics Division Kurt.VanDender@
Contacts
Alexander Pick
Centre for Tax Policy and Administration Acting Head, Tax Data & Statistical Analysis Unit Alexander.Pick@
Nicolas Miranda
Centre for Tax Policy and Administration Statistician, Tax Data & Statistical Analysis Unit Nicolas.Miranda@
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