Revenue, excluding grants in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Revenue, excluding grants was 22.9% in 2024. ▬ Flat
Revenue, excluding grants in Latin America & Caribbean (excluding high income), 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 22.9% for revenue, excluding grants in 2024.
The figure is up 1.4% on the previous year and up 4.9% over ten years.
Over the whole period, revenue, excluding grants in Latin America & Caribbean (excluding high income) peaked at 23.3% in 2022 and was at its lowest, 20.5%, in 2020.
That places Latin America & Caribbean (excluding high income) 15th out of 35 groups with data for 2024, putting it in the middle of the range.
Revenue, excluding grants in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 22.0% | — |
| 2011 | 22.3% | +1.6% |
| 2012 | 22.8% | +2.2% |
| 2013 | 22.5% | -1.4% |
| 2014 | 21.8% | -3.2% |
| 2015 | 22.7% | +4.3% |
| 2016 | 22.9% | +0.9% |
| 2017 | 21.8% | -4.8% |
| 2018 | 21.9% | +0.5% |
| 2019 | 22.3% | +1.5% |
| 2020 | 20.5% | -7.9% |
| 2021 | 21.8% | +6.4% |
| 2022 | 23.3% | +6.8% |
| 2023 | 22.5% | -3.2% |
| 2024 | 22.9% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.3% | 21.8% | 22.9% | 10 |
| 2020s | 22.2% | 20.5% | 23.3% | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 12 Finland 41.8% compare
- 13 San Marino 41.2% compare
- 14 Italy 40.1% compare
- 15 Cyprus 39.9% compare
- 16 Netherlands 39.4% compare
- 17 Slovakia 39.3% compare
- 18 Azerbaijan 38.9% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is revenue, excluding grants in Latin America & Caribbean (excluding high income)?
- Revenue, excluding grants in Latin America & Caribbean (excluding high income) was 22.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 23.3% in 2022.
- What is the lowest revenue, excluding grants recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 20.5% in 2020.
- How does Latin America & Caribbean (excluding high income) rank for revenue, excluding grants?
- Latin America & Caribbean (excluding high income) ranks 15th out of 35 groups with data for 2024.
- Is revenue, excluding grants rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is flat.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.