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tariff revenue ↔ U.S.

Relations (1)

cross_type 3.17 — strongly supporting 8 facts

The U.S. is the primary entity collecting tariff revenue, as evidenced by historical and contemporary data showing the specific amounts and percentages of GDP generated by the United States government [1], [2], [3], [4], [5], [6], [7], [8].

Facts (8)

Sources
History of tariffs in the United States - Wikipedia en.wikipedia.org Wikipedia 5 facts
measurementIn 1944, the United States federal government collected $417.0 million in tariff income, which accounted for 0.9% of federal receipts, with an average tariff rate of 10.6%.
measurementIn 1830, the United States federal government collected $21.9 million in tariff income, which accounted for 88.2% of federal receipts, with an average tariff rate of 35.0%.
measurementIn 1918, the United States federal government collected $947.0 million in tariff income, which accounted for 25.8% of federal receipts, with an average tariff rate of 31.2%.
measurementIn 1792, the United States federal government collected $4.4 million in tariff income, which accounted for 95.0% of federal receipts, with an average tariff rate of 15.1%.
measurementIn 1870, the United States federal government collected $194.5 million in tariff income, which accounted for 47.3% of federal receipts, with an average tariff rate of 44.6%.
Tariffs are a particularly bad way to raise revenue | Brookings brookings.edu Brookings 3 facts
measurementAt 1.2 percent of GDP in tariff revenue, the United States' revenue share is comparable to countries like Zambia and Tunisia.
measurementBased on August 2025 estimates, the United States is raising more than 1 percent of GDP in tariff revenue, which is over five times higher than a decade ago and nearly five times the OECD average.
measurementThe United States raised approximately $30 billion in tariff revenue in August.