Tax revenue as a percentage of gross domestic product (GDP) reached 21.7 percent in Latin America and the Caribbean in 2021. Based on an unweighted average among 26 countries in the region, tax revenue as share of GPD has generally stay between 21.7 and 22.9 percent since 2014.
Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021
* Antigua and Barbuda, Argentina, the Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, the Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Lucia, Trinidad and Tobago, and Uruguay.
Figures for years previous to 2021 were previously published by the source
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OECD, & Economic Commission for Latin America and the Caribbean, & Inter-American Development Bank, & CIAT. (May 27, 2023). Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/
OECD, und Economic Commission for Latin America and the Caribbean, und Inter-American Development Bank, und CIAT. "Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021." Chart. May 27, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/
OECD, Economic Commission for Latin America and the Caribbean, Inter-American Development Bank, CIAT. (2023). Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/
OECD, and Economic Commission for Latin America and the Caribbean, and Inter-American Development Bank, and CIAT. "Tax Revenue as Percentage of Gdp in Latin America and The Caribbean from 2014 to 2021." Statista, Statista Inc., 27 May 2023, https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/
OECD & Economic Commission for Latin America and the Caribbean & Inter-American Development Bank & CIAT, Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021 Statista, https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/ (last visited June 18, 2024)
Tax revenue as percentage of GDP in Latin America and the Caribbean from 2014 to 2021 [Graph], OECD, & Economic Commission for Latin America and the Caribbean, & Inter-American Development Bank, & CIAT, May 27, 2023. [Online]. Available: https://www.statista.com/statistics/996373/tax-revenue-share-gdp-latin-america-caribbean/