Revenue Statistics in Asia and the Pacific - Comparative tax and in Latin America and the Caribbean
Latin America and the Caribbean: Revenue Statistics in Asia and the Pacific - Comparative tax and was 21.72 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Asia and the Pacific - Comparative tax and in Latin America and the Caribbean, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in asia and the pacific - comparative tax and in Latin America and the Caribbean stood at 21.72 Percentage of GDP. That is the highest value across all 35 years on record.
That represents a change of up 0.9% on the previous year and up 7.2% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Latin America and the Caribbean peaked at 21.72 Percentage of GDP in 2024 and was at its lowest, 14.21 Percentage of GDP, in 1991.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Latin America and the Caribbean, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 14.53 Percentage of GDP | — |
| 1991 | 14.21 Percentage of GDP | -2.2% |
| 1992 | 15.01 Percentage of GDP | +5.7% |
| 1993 | 15.25 Percentage of GDP | +1.6% |
| 1994 | 15.54 Percentage of GDP | +1.9% |
| 1995 | 15.77 Percentage of GDP | +1.5% |
| 1996 | 15.81 Percentage of GDP | +0.3% |
| 1997 | 16.13 Percentage of GDP | +2.0% |
| 1998 | 16.15 Percentage of GDP | +0.1% |
| 1999 | 16.42 Percentage of GDP | +1.7% |
| 2000 | 16.83 Percentage of GDP | +2.5% |
| 2001 | 17.14 Percentage of GDP | +1.8% |
| 2002 | 17.19 Percentage of GDP | +0.3% |
| 2003 | 17.53 Percentage of GDP | +1.9% |
| 2004 | 18 Percentage of GDP | +2.7% |
| 2005 | 18.55 Percentage of GDP | +3.0% |
| 2006 | 19.08 Percentage of GDP | +2.9% |
| 2007 | 19.66 Percentage of GDP | +3.0% |
| 2008 | 19.8 Percentage of GDP | +0.7% |
| 2009 | 19.26 Percentage of GDP | -2.7% |
| 2010 | 19.7 Percentage of GDP | +2.3% |
| 2011 | 20.07 Percentage of GDP | +1.9% |
| 2012 | 20.23 Percentage of GDP | +0.8% |
| 2013 | 20.34 Percentage of GDP | +0.6% |
| 2014 | 20.27 Percentage of GDP | -0.3% |
| 2015 | 20.8 Percentage of GDP | +2.6% |
| 2016 | 20.66 Percentage of GDP | -0.7% |
| 2017 | 20.65 Percentage of GDP | -0.1% |
| 2018 | 21.08 Percentage of GDP | +2.1% |
| 2019 | 21.24 Percentage of GDP | +0.8% |
| 2020 | 20.58 Percentage of GDP | -3.1% |
| 2021 | 21.1 Percentage of GDP | +2.6% |
| 2022 | 21.44 Percentage of GDP | +1.6% |
| 2023 | 21.54 Percentage of GDP | +0.4% |
| 2024 | 21.72 Percentage of GDP | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.48 Percentage of GDP | 14.21 Percentage of GDP | 16.42 Percentage of GDP | 10 |
| 2000s | 18.31 Percentage of GDP | 16.83 Percentage of GDP | 19.8 Percentage of GDP | 10 |
| 2010s | 20.5 Percentage of GDP | 19.7 Percentage of GDP | 21.24 Percentage of GDP | 10 |
| 2020s | 21.28 Percentage of GDP | 20.58 Percentage of GDP | 21.72 Percentage of GDP | 5 |
Countries ranked near Latin America and the Caribbean
- 1 Japan 33.73 Percentage of GDP compare
- 2 New Zealand 32.89 Percentage of GDP compare
- 2 Viet Nam 17.18 Percentage of GDP compare
- 3 Cook Islands 31.11 Percentage of GDP compare
- 3 Timor-Leste 10.02 Percentage of GDP compare
- 4 Marshall Islands 30.49 Percentage of GDP compare
- 5 Australia 29.87 Percentage of GDP compare
More economy & growth data for Latin America and the Caribbean
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.86 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 13.84 million (2027)
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.62 % change on previous year (2027)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.96 Percentage of GDP (2028)
- 2.5.1b Number of transboundary breeds (including extinct ones) — Value 348 No (2025)
- 2.5.2 Number of transboundary breeds (not extinct) — Value 340 No (2025)
- 2.5.2 Number of transboundary breeds with unknown risk status — Value 182 No (2025)
- Output per hour worked, GDP constant 2021 international $ at PPP 21.66 (2027)
- 2.5.2 Number of local breeds with unknown risk status — Value 452 No (2025)
Frequently asked questions
- What is revenue statistics in asia and the pacific - comparative tax and in Latin America and the Caribbean?
- Revenue statistics in asia and the pacific - comparative tax and in Latin America and the Caribbean was 21.72 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Latin America and the Caribbean?
- The highest recorded value was 21.72 Percentage of GDP in 2024.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Latin America and the Caribbean?
- The lowest recorded value was 14.21 Percentage of GDP in 1991.
- How does Latin America and the Caribbean rank for revenue statistics in asia and the pacific - comparative tax and?
- Latin America and the Caribbean ranks 2nd out of 4 groups with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.