Federal Receipts 5.236T for 

Federal Receipts came in at 5.236T for 2025, up 6.43% from 4.92T the prior year and 6.43% above its level of 4.92T one year ago. The series has averaged 829B since 1901, reaching a record high of 5.236T in September 2025 and a record low of 541M in June 1904.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Federal Receipts," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/federal-revenue

Historical Data

September 30, 20255.236T
September 30, 20244.92T
September 30, 20234.441T
September 30, 20224.897T
September 30, 20214.047T
September 30, 20203.421T
September 30, 20193.463T
September 30, 20183.33T
September 30, 20173.316T
September 30, 20163.268T
September 30, 20153.25T
September 30, 20143.021T
September 30, 20132.775T
September 30, 20122.45T
September 30, 20112.303T
September 30, 20102.163T
September 30, 20092.105T
September 30, 20082.524T
September 30, 20072.568T
September 30, 20062.407T
June 30, 1963107B
June 30, 196299.7B
June 30, 196194.4B
June 30, 196092.5B
June 30, 195979.2B
June 30, 195879.6B
June 30, 195780B
June 30, 195674.6B
June 30, 195565.5B
June 30, 195469.7B
June 30, 195369.6B
June 30, 195266.2B
June 30, 195151.6B
June 30, 195039.4B
June 30, 194939.4B
June 30, 194841.6B
June 30, 194738.5B
June 30, 194639.3B
June 30, 194545.2B
June 30, 194443.7B

About Federal Receipts

What it measures

Federal Receipts (FRED series FYFR) measures total annual revenue collected by the US federal government, dominated by individual income taxes and payroll taxes, with corporate taxes, excises, and other sources making up the rest. The series is reported for each fiscal year, which runs from October through September, based on Treasury and OMB data.

Why it matters

Receipts determine how much of federal spending must be financed by borrowing, directly shaping deficits and Treasury issuance. They are also a coincident economic signal: revenue surges with strong employment, wages, and capital gains, and slumps in recessions. Tax legislation shows up here first, making the series essential for fiscal policy analysis.

How to read it

Compare receipts to nominal GDP: the ratio has historically fluctuated around a fairly stable long-run band, and large departures usually reflect tax law changes or unusual capital gains realizations rather than trend shifts. Falling receipts during an expansion suggest policy-driven revenue loss; falling receipts with a weakening economy amplify deficits. Annual frequency limits its timeliness.

Get Federal Receipts in Excel

Pull Federal Receipts directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=FederalReceipts()

View the Federal Receipts formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Federal Receipts?

Federal Receipts is 5.236T as of September 2025.

What is the all-time high and low of Federal Receipts?

The highest value on record is 5.236T (September 2025) and the lowest is 541M (June 1904).

How often is Federal Receipts updated?

Federal Receipts is published on a annual basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Federal Receipts in Excel?

Use the MarketXLS Excel formula =FederalReceipts() to pull Federal Receipts directly into any cell, with historical values available for analysis.

Basic info
Receipts of the Central Government.
RegionUnited States
FrequencyAnnual
Last updatedApril 3, 2026
Seasonal adjustmentNot Seasonally Adjusted
UnitMillions of Dollars

Stats
Last Value5.236T
Latest Period2025
Last UpdatedApril 3 2026, 12:01
Value Previous Year4.92T
Change From Previous Year6.43%
Value 1 Year Ago4.92T
Change From Year Ago6.43%
Average Growth Rate7.59%/yr
Record High (Sep 2025)5.236T
Record Low (Jun 1904)541M
Long-Term Average829B
FrequencyAnnual
AdjustmentNot Seasonally Adjusted
UnitMillions of Dollars

Annual Averages
20255.236T
20244.92T
20234.441T
20224.897T
20214.047T
20203.421T
20193.463T
20183.33T
20173.316T
20163.268T
20153.25T
20143.021T

Related Indicators
Real Gross Domestic Product
Real Personal Consumption Expenditures
Real Gross Private Domestic Investment
Real Government Spending
Real Net Exports of Goods and Services
Real Exports of Goods and Services
Real imports of goods and services
Federal Net Outlays
Federal Surplus or Deficit
US Federal Debt (Total Public Debt)
Real Private Nonresidential Fixed Investment
Real Private Residential Fixed Investment