Tax revenue as a proportion of GDP in South America
South America: Tax revenue as a proportion of GDP was 14.1% in 2023. ▬ Flat
Latest (2023)
14.1%
Change on year
down 4.1%
Rank
12th
of 30 groups
All-time high
14.8%
in 2011
All-time low
12.9%
in 2020
Years of data
14
2010–2023
Tax revenue as a proportion of GDP in South America, 2010–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
South America recorded 14.1% for tax revenue as a proportion of gdp in 2023.
Compared with earlier readings it is down 4.1% on the previous year and down 1.2% over ten years.
Over the whole period, tax revenue as a proportion of gdp in South America peaked at 14.8% in 2011 and was at its lowest, 12.9%, in 2020.
That places South America 12th out of 30 groups with data for 2023, putting it in the middle of the range.
Tax revenue as a proportion of GDP in South America, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 14.1% | — |
| 2011 | 14.8% | +5.0% |
| 2012 | 14.5% | -2.5% |
| 2013 | 14.2% | -1.7% |
| 2014 | 14.0% | -1.4% |
| 2015 | 14.1% | +0.3% |
| 2016 | 13.9% | -1.2% |
| 2017 | 13.6% | -2.1% |
| 2018 | 13.7% | +1.0% |
| 2019 | 13.7% | -0.5% |
| 2020 | 12.9% | -5.9% |
| 2021 | 14.2% | +10.3% |
| 2022 | 14.7% | +3.2% |
| 2023 | 14.1% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.1% | 13.6% | 14.8% | 10 |
| 2020s | 13.9% | 12.9% | 14.7% | 4 |
Countries ranked near South America
- 10 Luxembourg 26.8% compare
- 11 Greece 26.7% compare
- 12 Austria 25.6% compare
- 13 South Africa 25.4% compare
- 14 Finland 25.4% compare
- 15 Netherlands (Kingdom of the) 25.3% compare
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
Frequently asked questions
- What is tax revenue as a proportion of gdp in South America?
- Tax revenue as a proportion of gdp in South America was 14.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in South America?
- The highest recorded value was 14.8% in 2011.
- What is the lowest tax revenue as a proportion of gdp recorded in South America?
- The lowest recorded value was 12.9% in 2020.
- How does South America rank for tax revenue as a proportion of gdp?
- South America ranks 12th out of 30 groups with data for 2023.
- Is tax revenue as a proportion of gdp rising or falling in South America?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is flat.
- Where does this South 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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CSV · JSON — 14 observations, free to reuse under UN SDG Global Database (open, attribution requested).