In 2022, tax revenues in Brazil represented 33.3 percent of its GDP. This made it the country with the largest volume of taxes in relation to gross domestic product in Latin America and the Caribbean. In Barbados and Argentina, tax revenue was equal to approximately one third of GDP. Guyana, on the other hand, was the nation with the lowest share of tax to GDP, at only 10.6 percent, almost eleven percentage points below the regional average, 21.5 percent.
Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country
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OECD, & Economic Commission for Latin America and the Caribbean, & Inter-American Development Bank, & CIAT. (May 7, 2024). Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/
OECD, und Economic Commission for Latin America and the Caribbean, und Inter-American Development Bank, und CIAT. "Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country." Chart. May 7, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/
OECD, Economic Commission for Latin America and the Caribbean, Inter-American Development Bank, CIAT. (2024). Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/
OECD, and Economic Commission for Latin America and the Caribbean, and Inter-American Development Bank, and CIAT. "Tax Revenue as Percentage of Gdp in Latin America and The Caribbean in
2022, by Country." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/
OECD & Economic Commission for Latin America and the Caribbean & Inter-American Development Bank & CIAT, Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country Statista, https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/ (last visited November 26, 2024)
Tax revenue as percentage of GDP in Latin America and the Caribbean in
2022, by country [Graph], OECD, & Economic Commission for Latin America and the Caribbean, & Inter-American Development Bank, & CIAT, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/993800/tax-revenue-share-gdp-latin-america-country/
