United States's taxes less subsidies on products (current US$) was US$829.22 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 52.29% from US$544.5 billion in 2011 (4.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$829.22 billion | 2021 |
| Five years earlier | US$668.43 billion | 2016 |
| Ten years earlier | US$544.5 billion | 2011 |
| Highest | US$829.22 billion | 2021 |
| Lowest | US$319.25 billion | 1997 |
| Average since 2012 | US$695.86 billion | 2012–2021 |
| First recorded | US$319.25 billion |
What the numbers say
In 2021, United States' taxes less subsidies on products (current US$) rose 15.6% on 2020 (from US$717.16 billion to US$829.22 billion).
Across the 23 yearly changes before that (1998 to 2020), the average change was +3.7% and a typical year strayed about 5.1% from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 15.6% in 2021 and the biggest yearly fall was 9.7% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$25.06 billion a year. A straight line explains 87% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to United States in the 2021 ranking
- Sint Maarten (Dutch part) — 2nd of 2: US$79.39 million
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 25 values
| Year | Taxes less subsidies on products (current US$) |
|---|---|
| 2021 | 829,217,085,000 |
| 2020 | 717,159,181,000 |
| 2019 | 791,020,195,000 |
| 2018 | 765,813,736,000 |
| 2017 | 698,217,434,000 |
| 2016 | 668,432,707,000 |
| 2015 | 662,068,841,000 |
| 2014 | 643,913,169,000 |
| 2013 | 609,931,736,000 |
| 2012 | 572,832,030,000 |
Taxes less subsidies on products (current US$) in nearby economies
More economic policy & debt data for United States
- Total reserves, including gold (current US$) — US$1.39 trillion (2025)
- Total reserves, excluding gold (current US$) — US$243.27 billion (2025)
- GDP (current US$) — US$30.77 trillion (2025)
- GDP (current LCU) — 30.77 trillion (2025)
- GDP (constant 2015 US$) — US$23.22 trillion (2025)
- GDP (constant LCU) — 25.15 trillion (2025)
- GDP per capita (current US$) — US$90,027 (2025)
- GDP per capita (current LCU) — 90,027 (2025)
- GDP per capita (constant 2015 US$) — US$67,946 (2025)
- GDP per capita (constant LCU) — 73,574 (2025)
Reading data like this
Questions people ask
- What is United States's taxes less subsidies on products (current US$)?
- US$829.22 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is up 159.74% from US$319.25 billion in 1997 (4.06% a year on average, compounded). The highest value was US$829.22 billion in 2021 and the lowest US$319.25 billion in 1997.
- Is the latest change in taxes less subsidies on products (current US$) unusual for United States?
- In 2021, United States' taxes less subsidies on products (current US$) rose 15.6% on 2020 (from US$717.16 billion to US$829.22 billion). Across the 23 yearly changes before that (1998 to 2020), the average change was +3.7% and a typical year strayed about 5.1% from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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