Tax revenue as a proportion of GDP in Central America
Central America: Tax revenue as a proportion of GDP was 14.2% in 2023. ▲ Rising
Tax revenue as a proportion of GDP in Central America, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for tax revenue as a proportion of gdp in Central America is 14.2%, measured in 2023. That is the highest value across all 17 years on record.
That represents a change of up 5.0% on the previous year and up 38.1% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Central America peaked at 14.2% in 2023 and was at its lowest, 9.4%, in 2000.
Central America ranks 10th of 30 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Tax revenue as a proportion of GDP in Central America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.4% | — |
| 2008 | 10.1% | +8.1% |
| 2009 | 9.6% | -4.7% |
| 2010 | 10.0% | +4.2% |
| 2011 | 10.0% | -0.2% |
| 2012 | 9.8% | -2.2% |
| 2013 | 10.3% | +5.1% |
| 2014 | 10.6% | +2.8% |
| 2015 | 12.4% | +17.0% |
| 2016 | 13.0% | +5.2% |
| 2017 | 12.6% | -2.9% |
| 2018 | 12.6% | +0.0% |
| 2019 | 12.7% | +0.4% |
| 2020 | 13.6% | +7.1% |
| 2021 | 13.3% | -2.2% |
| 2022 | 13.6% | +1.9% |
| 2023 | 14.2% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.7% | 9.4% | 10.1% | 3 |
| 2010s | 11.4% | 9.8% | 13.0% | 10 |
| 2020s | 13.7% | 13.3% | 14.2% | 4 |
Countries ranked near Central America
- 7 Norway 27.1% compare
- 8 United Kingdom of Great Britain and Northern Ireland 27.0% compare
- 8 United Kingdom of Great Britain and Northern Ireland 27.0% compare
- 10 Luxembourg 26.8% compare
- 11 Greece 26.7% compare
- 12 Austria 25.6% compare
- 13 South Africa 25.4% compare
More economy & growth data for Central America
- Gross Domestic Product, GDP in millions constant 2021 international $ 3.84 million (2027)
- Gross Domestic Product — Value US$ 2.24 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 389,960 million USD (2024)
- Gross Domestic Product — Value US$ per capita 12,233 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,068 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.66 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.99 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.73 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.45 % (2024)
Frequently asked questions
- What is tax revenue as a proportion of gdp in Central America?
- Tax revenue as a proportion of gdp in Central America was 14.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Central America?
- The highest recorded value was 14.2% in 2023.
- What is the lowest tax revenue as a proportion of gdp recorded in Central America?
- The lowest recorded value was 9.4% in 2000.
- How does Central America rank for tax revenue as a proportion of gdp?
- Central America ranks 10th out of 30 groups with data for 2023.
- Is tax revenue as a proportion of gdp rising or falling in Central America?
- Over the last ten years it is up 38.1%. The long-run trend across the full record is rising.
- Where does this Central America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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