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Annual Survey of State Government Finances Summary: 2021

Written by:
G21-ASFIN

Introduction

In 2021, state government revenues increased 16.7 percent from the 2020 estimate of $2.7 trillion to $3.1 trillion. The major shares of revenue for state governments were taxes (40.8 percent), intergovernmental revenue (32.0 percent), and insurance trust revenue (12.8 percent).

 

Page Last Revised - August 13, 2025