Latin America and Caribbean Compared by Economy > Taxes and other revenues

DEFINITION: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.

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#	COUNTRY	AMOUNT	DATE
1	Cuba	66.1% of GDP	2012
2	Bolivia	47.1% of GDP	2012
3	Ecuador	41.7% of GDP	2012
4	Brazil	39.4% of GDP	2012
5	Peru	31.7% of GDP	2012
6	Saint Kitts and Nevis	30.8% of GDP	2012
7	Cayman Islands	30.2% of GDP	2012
8	Trinidad and Tobago	30.1% of GDP	2012
9	Colombia	29.6% of GDP	2012
10	Venezuela	29.2% of GDP	2012
=11	Belize	28.9% of GDP	2012
=11	Uruguay	28.9% of GDP	2012
13	Barbados	28.1% of GDP	2012
14	Dominica	27.5% of GDP	2012
15	Jamaica	26.5% of GDP	2012
16	Nicaragua	26.3% of GDP	2012
17	Argentina	25.9% of GDP	2012
18	Panama	25.4% of GDP	2012
19	Guyana	25.1% of GDP	2012
20	Saint Vincent and the Grenadines	24.8% of GDP	2012
21	Haiti	23.2% of GDP	2012
22	Mexico	23% of GDP	2012
23	Aruba	22.6% of GDP	2012
24	Grenada	22.5% of GDP	2009
25	Chile	22.2% of GDP	2012
=26	El Salvador	19.6% of GDP	2012
=26	Antigua and Barbuda	19.6% of GDP	2012
28	The Bahamas	19.2% of GDP	2012
29	Paraguay	18.1% of GDP	2012
30	Suriname	17.6% of GDP	2010
31	Bermuda	17.4% of GDP	2012
32	Honduras	16.8% of GDP	2012
33	Costa Rica	14.6% of GDP	2012
34	Saint Lucia	14.2% of GDP	2011
35	Dominican Republic	14.1% of GDP	2012
36	Guatemala	11.8% of GDP	2012

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