Taxes less subsidies on products (current LCU), per unit of GDP in United States of America
United States of America: Taxes less subsidies on products (current LCU), per unit of GDP was 0.035 current LCU per US$ of GDP in 2021. ▬ Flat
Taxes less subsidies on products (current LCU), per unit of GDP in United States of America, 1997–2021
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in United States of America is 0.035 current LCU per US$ of GDP, measured in 2021.
The figure is up 4.2% on the previous year and up 0.1% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in United States of America peaked at 0.0372 current LCU per US$ of GDP in 1997 and was at its lowest, 0.0326 current LCU per US$ of GDP, in 2009.
That places United States of America 181st out of 197 countries with data for 2021, putting it in the bottom quarter.
Taxes less subsidies on products (current LCU), per unit of GDP in United States of America, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0372 current LCU per US$ of GDP | — |
| 1998 | 0.037 current LCU per US$ of GDP | -0.7% |
| 1999 | 0.036 current LCU per US$ of GDP | -2.6% |
| 2000 | 0.0358 current LCU per US$ of GDP | -0.6% |
| 2001 | 0.0338 current LCU per US$ of GDP | -5.5% |
| 2002 | 0.0351 current LCU per US$ of GDP | +3.7% |
| 2003 | 0.0354 current LCU per US$ of GDP | +0.7% |
| 2004 | 0.0362 current LCU per US$ of GDP | +2.4% |
| 2005 | 0.0362 current LCU per US$ of GDP | -0.1% |
| 2006 | 0.037 current LCU per US$ of GDP | +2.3% |
| 2007 | 0.0358 current LCU per US$ of GDP | -3.3% |
| 2008 | 0.0353 current LCU per US$ of GDP | -1.3% |
| 2009 | 0.0326 current LCU per US$ of GDP | -7.8% |
| 2010 | 0.0338 current LCU per US$ of GDP | +3.9% |
| 2011 | 0.0349 current LCU per US$ of GDP | +3.2% |
| 2012 | 0.0352 current LCU per US$ of GDP | +1.0% |
| 2013 | 0.0361 current LCU per US$ of GDP | +2.5% |
| 2014 | 0.0366 current LCU per US$ of GDP | +1.2% |
| 2015 | 0.0362 current LCU per US$ of GDP | -1.0% |
| 2016 | 0.0355 current LCU per US$ of GDP | -1.8% |
| 2017 | 0.0356 current LCU per US$ of GDP | +0.2% |
| 2018 | 0.0371 current LCU per US$ of GDP | +4.1% |
| 2019 | 0.0367 current LCU per US$ of GDP | -0.9% |
| 2020 | 0.0336 current LCU per US$ of GDP | -8.6% |
| 2021 | 0.035 current LCU per US$ of GDP | +4.2% |
United States of America compared with similar countries
- United States of America's 0.035 current LCU per US$ of GDP is below the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 30% of the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0367 current LCU per US$ of GDP | 0.036 current LCU per US$ of GDP | 0.0372 current LCU per US$ of GDP | 3 |
| 2000s | 0.0353 current LCU per US$ of GDP | 0.0326 current LCU per US$ of GDP | 0.037 current LCU per US$ of GDP | 10 |
| 2010s | 0.0358 current LCU per US$ of GDP | 0.0338 current LCU per US$ of GDP | 0.0371 current LCU per US$ of GDP | 10 |
| 2020s | 0.0343 current LCU per US$ of GDP | 0.0336 current LCU per US$ of GDP | 0.035 current LCU per US$ of GDP | 2 |
Countries ranked near United States of America
- 178 Ireland 0.0432 current LCU per US$ of GDP compare
- 179 Marshall Islands 0.0423 current LCU per US$ of GDP compare
- 180 Bermuda 0.0362 current LCU per US$ of GDP compare
- 182 Liechtenstein 0.0296 current LCU per US$ of GDP compare
- 183 Liberia 0.0283 current LCU per US$ of GDP compare
- 184 Panama 0.0246 current LCU per US$ of GDP compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in United States of America?
- Taxes less subsidies on products (current lcu), per unit of gdp in United States of America was 0.035 current LCU per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in United States of America?
- The highest recorded value was 0.0372 current LCU per US$ of GDP in 1997.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in United States of America?
- The lowest recorded value was 0.0326 current LCU per US$ of GDP in 2009.
- How does United States of America rank for taxes less subsidies on products (current lcu), per unit of gdp?
- United States of America ranks 181st out of 197 countries with data for 2021.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in United States of America?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this United States of America data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.