Taxes less subsidies on products (current US$), per unit of GDP in United States of America
United States of America: Taxes less subsidies on products (current US$), per unit of GDP was 0.035 current US$ per US$ of GDP in 2021. ▬ Flat
Taxes less subsidies on products (current US$), per unit of GDP in United States of America, 1997–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, taxes less subsidies on products (current us$), per unit of gdp in United States of America stood at 0.035 current US$ per US$ of GDP.
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 us$), per unit of gdp in United States of America peaked at 0.0372 current US$ per US$ of GDP in 1997 and was at its lowest, 0.0326 current US$ per US$ of GDP, in 2009.
That places United States of America 165th out of 197 countries with data for 2021, putting it in the bottom quarter.
Taxes less subsidies on products (current US$), per unit of GDP in United States of America, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0372 current US$ per US$ of GDP | — |
| 1998 | 0.037 current US$ per US$ of GDP | -0.7% |
| 1999 | 0.036 current US$ per US$ of GDP | -2.6% |
| 2000 | 0.0358 current US$ per US$ of GDP | -0.6% |
| 2001 | 0.0338 current US$ per US$ of GDP | -5.5% |
| 2002 | 0.0351 current US$ per US$ of GDP | +3.7% |
| 2003 | 0.0354 current US$ per US$ of GDP | +0.7% |
| 2004 | 0.0362 current US$ per US$ of GDP | +2.4% |
| 2005 | 0.0362 current US$ per US$ of GDP | -0.1% |
| 2006 | 0.037 current US$ per US$ of GDP | +2.3% |
| 2007 | 0.0358 current US$ per US$ of GDP | -3.3% |
| 2008 | 0.0353 current US$ per US$ of GDP | -1.3% |
| 2009 | 0.0326 current US$ per US$ of GDP | -7.8% |
| 2010 | 0.0338 current US$ per US$ of GDP | +3.9% |
| 2011 | 0.0349 current US$ per US$ of GDP | +3.2% |
| 2012 | 0.0352 current US$ per US$ of GDP | +1.0% |
| 2013 | 0.0361 current US$ per US$ of GDP | +2.5% |
| 2014 | 0.0366 current US$ per US$ of GDP | +1.2% |
| 2015 | 0.0362 current US$ per US$ of GDP | -1.0% |
| 2016 | 0.0355 current US$ per US$ of GDP | -1.8% |
| 2017 | 0.0356 current US$ per US$ of GDP | +0.2% |
| 2018 | 0.0371 current US$ per US$ of GDP | +4.1% |
| 2019 | 0.0367 current US$ per US$ of GDP | -0.9% |
| 2020 | 0.0336 current US$ per US$ of GDP | -8.6% |
| 2021 | 0.035 current US$ per US$ of GDP | +4.2% |
United States of America compared with similar countries
- United States of America's 0.035 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 37% of the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0367 current US$ per US$ of GDP | 0.036 current US$ per US$ of GDP | 0.0372 current US$ per US$ of GDP | 3 |
| 2000s | 0.0353 current US$ per US$ of GDP | 0.0326 current US$ per US$ of GDP | 0.037 current US$ per US$ of GDP | 10 |
| 2010s | 0.0358 current US$ per US$ of GDP | 0.0338 current US$ per US$ of GDP | 0.0371 current US$ per US$ of GDP | 10 |
| 2020s | 0.0343 current US$ per US$ of GDP | 0.0336 current US$ per US$ of GDP | 0.035 current US$ per US$ of GDP | 2 |
Countries ranked near United States of America
- 162 Somalia 0.0368 current US$ per US$ of GDP
- 163 Bermuda 0.0362 current US$ per US$ of GDP compare
- 164 Zambia 0.0353 current US$ per US$ of GDP compare
- 166 Iran, Islamic Republic of 0.0334 current US$ per US$ of GDP compare
- 167 Liechtenstein 0.033 current US$ per US$ of GDP compare
- 168 Sierra Leone 0.0316 current US$ 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$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in United States of America?
- Taxes less subsidies on products (current us$), per unit of gdp in United States of America was 0.035 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in United States of America?
- The highest recorded value was 0.0372 current US$ per US$ of GDP in 1997.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in United States of America?
- The lowest recorded value was 0.0326 current US$ per US$ of GDP in 2009.
- How does United States of America rank for taxes less subsidies on products (current us$), per unit of gdp?
- United States of America ranks 165th out of 197 countries with data for 2021.
- Is taxes less subsidies on products (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.