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 report
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