How much money does the US federal government collect?

Data updated October 25, 2024
In FY 2023,

$4.5T

was collected by the federal government
In FY 2023,

$13.3K

per person on average was collected by the federal government

Federal revenue decreased from $5.3 trillion in FY 2022 to $4.5 trillion in FY 2023.

Federal government revenue, adjusted for inflation (FY 2023 dollars)


Subscribe to get unbiased, data-driven insights sent to your inbox weekly.



In FY 2023, about 49%, or $2.2 trillion, of total revenue came from individual income taxes.

Federal government revenue by category in FY 2023


The federal government has collected $4.92 trillion in FY 2024 so far.

Cumulative net revenue through September of each fiscal year, by revenue source