USA: Income and profits taxes
* indicates monthly or quarterly data series
| USA |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 56.31 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1972 - 2024 |
| Average | 53.45 |
| Min - Max | 45.49 - 59.36 |
| Source | The World Bank |
The latest value from 2024 is 56.31 percent, a decline from 56.35 percent in 2023. In comparison, the world average is 26.79 percent, based on data from 87 countries. Historically, the average for the USA from 1972 to 2024 is 53.45 percent. The minimum value, 45.49 percent, was reached in 2009 while the maximum of 59.36 percent was recorded in 1972.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 13.94 | 2022 | percent |
| Government spending, in dollars | 3,991.84 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -8.03 | 2024 | percent |
| Primary budget balance | -4.61 | 2024 | percent |
| Government expenditure | 1,331.10 | Q3/2025 | billion |
| Long-term interest rate | 4.47 | 6/2026 | percent |
| Tax revenue | 10.77 | 2024 | percent |
| Commercial tax rate | 36.60 | 2019 | percent |
| Tax preparation time | 175 | 2019 | hours |
| Taxes on goods and services | 2.08 | 2024 | percent |
| Taxes on international trade | 1.60 | 2024 | percent |
| Income and profits taxes | 56.31 | 2024 | percent |
| Government debt | 122.32 | 2024 | percent |
| Government debt in foreign currency, percent | 0.37 | 2024 | percent |
| Government debt held by non-residents | 22.58 | 2024 | percent |
| Sovereign debt average maturity | 5.78 | 2024 | percent |
| Short-term government debt | 34.20 | 2024 | percent |