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March 2016

9/30/2016

Revenue Statistics in Latin America and the Caribbean 2016

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According to the 2016 Revenue Statistics in Latin America and the Caribbean, despite a continuing slowdown in economic growth, tax revenues in Latin American and Caribbean (LAC) countries rose slightly in 2014, as a proportion of national incomes, according to new data from the annual Revenue Statistics in Latin America and the Caribbean publication. The average taxto-GDP ratio for LAC countries rose from 21.5% in 2013 to 21.7% in 2014, compared with 21.4% in 2012 and 20.8% in 2011. The report, produced jointly by the CIAT, the ECLAC, the IDB, the OECD and the OECD's Development Centre, includes 22 LAC countries.

For more information and to read the reportVer