Caribbean: share of tax loss caused globally 2021, by country or territory
Eight jurisdictions in the Caribbean were responsible for almost one third of all tax revenues lost due to evasion in the world. Collectively, all the countries and territories included in this graph accounted for 33.1 percent of the total tax revenue loss caused by offshore wealth relocation, according to 2021 estimates. Thanks to a legal and financial system that enables tax avoidance and evasion, The Cayman Islands had the largest share of tax revenue loss inflicted on other countries in the world, at 26.6 percent.
