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Taxes on Goods and Services (As % of Revenue) fell 0.868% to 1.90% in the USA in 2023

Taxes on Goods and Services (As % of Revenue) (%), 2023
Economy | USA | September 1, 2025
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Excel Sheet

Taxes on goods and services as a share of revenue fell 0.868% to 1.90% in the USA in 2023, according to the National Statistical Office.

Historically, taxes on goods and services as a share of revenue in the USA reached an all time high of 7.14% in 1972 and an all time low of 1.90% in 2023.

USA has been ranked 82nd within the group of 83 countries we follow in terms of taxes on goods and services as a share of revenue, 46 places above the position seen 10 years ago.

Taxes on Goods and Services (As % of Revenue) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Australia % 21.1% 20.5% 19.5% 19.3% 20.0% ...
Belize % 48.1% ... ... ... ... ... ...
Canada % 13.9% 13.5% 13.7% 13.3% 13.4%
China % ... ... 35.9% 32.6% 31.9% 34.4% 31.2%
Guatemala % 51.4% 52.4% 52.7% 52.6% 52.6%
Honduras % ... ... ... ... 43.4% ... ... ...
India % 37.3% 40.9% ... ... ... ...
Japan % 36.1% 35.3% ... ... ... ... ...
Mexico % ... ... ... ... ... 27.2% 29.1% 30.3% 32.6% 31.5%
Russia % 22.3% 21.7% 22.2% 23.7% 25.3%
South Korea % 21.7% 21.1% 19.9% 19.6% 18.7%
USA % 2.47% 3.05% 2.61% 2.29% 2.05%
United Kingdom % 34.7% 34.7% 34.9% 33.2% 32.7%