Philippines vs United States: Tax revenue

Philippines
3.80 trillion current LCU
in 2024
United States
3.16 trillion current LCU
in 2024
Philippines rank
29th
United States rank
32nd

Tax revenue over time

  • Philippines
  • United States
01.0T2.0T3.0T4.0T197219982024

How they compare

Philippines currently reports 3.80 trillion current LCU against 3.16 trillion current LCU in United States, a difference of 645.45 billion current LCU.

That makes Philippines's figure about 1.2 times United States's.

The two have swapped places 3 times across 35 shared years of data; in 1990 it was United States ahead.

Globally, Philippines ranks 29th and United States ranks 32nd of 157 countries.

Individual pages

About this data

Indicator
Tax revenue (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,711 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.