Transparency Portal
Pennsylvania
Tax Revenue Volatility as of 2025
6.8

50-State Benchmark
Tax Revenue Volatility as of 2025
7.1

What is the Revenue Volatility Score?

Volatility in tax collections can pose challenges for states, making it difficult to forecast revenue, craft a budget, and manage long-term priorities. Over the last twenty years, Pennsylvania has maintained a relatively stable tax base, especially compared to states highly dependent on energy production. However, due to COVID-19, early projections suggested revenue shortfalls that exceeded even those of the Great Recession. A low score means that revenue levels were similar from year to year, and a high score indicates that revenue grew or declined more dramatically. As of 2025, Pennsylvania’s tax revenue volatility score of 6.8 is under the 50-state benchmark for tax revenue volatility of 7.1.


Source: Pew Charitable Trusts's Fiscal 50: State Trends and Analysis. Pew's analysis removes tax policy changes to assess both a state's overall revenue and their largest, specific sources of revenue. Please see https://www.pewtrusts.org/en/research-and-analysis/data-visualizations/2014/fiscal-50#ind6 for additional information.