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Correlation of tax revenue and unemployment 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 unemployment (% of total labor force) 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.
  • 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.
  • Unemployment (% of total labor force): Unemployment refers to the share of the labor force that is without work but available for and seeking employment (ILO estimates).

This chart is based on data from: World Bank.

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