Taxes less subsidies on products (current US$) in United States
United States: Taxes less subsidies on products (current US$) was 829.22 billion current US$ in 2021. ▲ Rising
Taxes less subsidies on products in United States, 1997–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2021, taxes less subsidies on products in United States stood at 829.22 billion current US$. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 15.6% on the previous year and up 52.3% over ten years.
Over the whole period, taxes less subsidies on products in United States peaked at 829.22 billion current US$ in 2021 and was at its lowest, 319.25 billion current US$, in 1997.
That places United States 1st out of 199 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Taxes less subsidies on products (current US$) in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 319.25 billion current US$ | — |
| 1998 | 334.93 billion current US$ | +4.9% |
| 1999 | 346.75 billion current US$ | +3.5% |
| 2000 | 366.92 billion current US$ | +5.8% |
| 2001 | 358.12 billion current US$ | -2.4% |
| 2002 | 383.62 billion current US$ | +7.1% |
| 2003 | 405.03 billion current US$ | +5.6% |
| 2004 | 442.35 billion current US$ | +9.2% |
| 2005 | 471.70 billion current US$ | +6.6% |
| 2006 | 511.48 billion current US$ | +8.4% |
| 2007 | 518.02 billion current US$ | +1.3% |
| 2008 | 521.96 billion current US$ | +0.8% |
| 2009 | 471.54 billion current US$ | -9.7% |
| 2010 | 509.12 billion current US$ | +8.0% |
| 2011 | 544.50 billion current US$ | +6.9% |
| 2012 | 572.83 billion current US$ | +5.2% |
| 2013 | 609.93 billion current US$ | +6.5% |
| 2014 | 643.91 billion current US$ | +5.6% |
| 2015 | 662.07 billion current US$ | +2.8% |
| 2016 | 668.43 billion current US$ | +1.0% |
| 2017 | 698.22 billion current US$ | +4.5% |
| 2018 | 765.81 billion current US$ | +9.7% |
| 2019 | 791.02 billion current US$ | +3.3% |
| 2020 | 717.16 billion current US$ | -9.3% |
| 2021 | 829.22 billion current US$ | +15.6% |
United States compared with similar countries
- United States's 829.22 billion current US$ is above the median for high income countries, which is 9.71 billion current US$, 85.4× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 333.64 billion current US$ | 319.25 billion current US$ | 346.75 billion current US$ | 3 |
| 2000s | 445.07 billion current US$ | 358.12 billion current US$ | 521.96 billion current US$ | 10 |
| 2010s | 646.58 billion current US$ | 509.12 billion current US$ | 791.02 billion current US$ | 10 |
| 2020s | 773.19 billion current US$ | 717.16 billion current US$ | 829.22 billion current US$ | 2 |
Countries ranked near United States
More economy & growth data for United States
- 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)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in United States?
- Taxes less subsidies on products in United States was 829.22 billion current US$ in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in United States?
- The highest recorded value was 829.22 billion current US$ in 2021.
- What is the lowest taxes less subsidies on products recorded in United States?
- The lowest recorded value was 319.25 billion current US$ in 1997.
- How does United States rank for taxes less subsidies on products?
- United States ranks 1st out of 199 countries with data for 2021.
- Is taxes less subsidies on products rising or falling in United States?
- Over the last ten years it is up 52.3%. The long-run trend across the full record is rising.
- Where does this United States data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
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.