Revenue Statistics in Latin America and the Caribbean - Comparative in Latin America and the Caribbean
Latin America and the Caribbean: Revenue Statistics in Latin America and the Caribbean - Comparative was 21.72 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Latin America and the Caribbean, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in latin america and the caribbean - comparative in Latin America and the Caribbean is 21.72 Percentage of GDP, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 0.9% on the previous year and up 7.2% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative 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 Latin America and the Caribbean - Comparative 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
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Frequently asked questions
- What is revenue statistics in latin america and the caribbean - comparative in Latin America and the Caribbean?
- Revenue statistics in latin america and the caribbean - comparative 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 latin america and the caribbean - comparative 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 latin america and the caribbean - comparative 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 latin america and the caribbean - comparative?
- Latin America and the Caribbean ranks 1st out of 1 groups with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative 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 Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total 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.