Latin America: tax revenue as share of GDP 2017, by country

This statistic compares the volume of taxes as a share of gross domestic product in Latin America and the Caribbean in 2017. Cuba had the highest percentage in that year, with taxes accounting for 40.6 percent of its GDP. The regional average stood at 22.8 percent.

Tax revenue as percentage of GDP in Latin America and the Caribbean in 2017, by country

Share of GDP
Cuba40.6%
Brazil32.3%
Barbados31.8%
Uruguay30.9%
Argentina30.3%
Belize28.2%
Jamaica27.3%
Guyana26.2%
Costa Rica24.1%
Bolivia23.9%
Nicaragua23.8%
Honduras22.8%
Regional average22.8%
Trinidad and Tobago22.2%
El Salvador20.4%
Chile20.2%
Ecuador19.9%
Colombia18.8%
Bahamas17.9%
Mexico16.2%
Peru15.3%
Panama14.7%
Dominican Republic13.9%
Paraguay13.8%
Guatemala12.4%
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Sources

Release date

March 2019

Region

Central and South America, Mexico

Survey time period

2017

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