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Correlation of tax revenue and expense by year in the United States and in 2023

Updated: 32d ago
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This scatter chart displays tax revenue (% of GDP) against expense (% of GDP) in the United States. The data is filtered where the date is 2023. The data is about countries per year.

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This chart uses 4 fields, including filters:

  • Date (year): Year period during which the metrics are collected.
  • Country: Name of country.
  • Expense (% of GDP): Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.
  • Tax Revenue (% of GDP): Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

This chart is based on data from: World Bank.

This chart can be used under the CC BY 4.0 license.