Other taxes in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Other taxes was 1.2% in 2024. ▼ Falling
Other taxes in Latin America & Caribbean (excluding high income), 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for other taxes in Latin America & Caribbean (excluding high income) is 1.2%, measured in 2024.
Compared with earlier readings it is down 1.2% on the previous year and up 40.5% over ten years.
Over the whole period, other taxes in Latin America & Caribbean (excluding high income) peaked at 2.0% in 2005 and was at its lowest, 0.8%, in 2008.
That places Latin America & Caribbean (excluding high income) 11th out of 41 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Other taxes in Latin America & Caribbean (excluding high income), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 1.6% | — |
| 1999 | 1.9% | +18.4% |
| 2000 | 1.3% | -31.1% |
| 2003 | 0.8% | -36.8% |
| 2005 | 2.0% | +151.3% |
| 2006 | 1.4% | -32.0% |
| 2007 | 0.9% | -33.5% |
| 2008 | 0.8% | -14.1% |
| 2009 | 0.8% | +3.4% |
| 2010 | 1.1% | +38.0% |
| 2011 | 1.0% | -14.3% |
| 2012 | 1.0% | +4.5% |
| 2013 | 0.9% | -14.2% |
| 2014 | 0.8% | -3.4% |
| 2015 | 1.0% | +19.1% |
| 2016 | 1.1% | +13.7% |
| 2017 | 1.0% | -11.6% |
| 2018 | 1.0% | +4.1% |
| 2019 | 0.9% | -15.3% |
| 2020 | 1.2% | +39.4% |
| 2021 | 1.3% | +3.7% |
| 2022 | 1.3% | +2.0% |
| 2023 | 1.2% | -8.8% |
| 2024 | 1.2% | -1.2% |
Biggest year-on-year movements
Years where Other taxes in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +151.3% | 0.8% | 2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.6% | 1.9% | 2 |
| 2000s | 1.1% | 0.8% | 2.0% | 7 |
| 2010s | 1.0% | 0.8% | 1.1% | 10 |
| 2020s | 1.2% | 1.2% | 1.3% | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 8 France 6.1% compare
- 9 Argentina 5.9% compare
- 10 Philippines 5.3% compare
- 11 Cote d'Ivoire 5.1% compare
- 12 Gabon 5.1% compare
- 13 United Kingdom 4.9% compare
- 14 Mozambique 4.8% compare
More public sector data for Latin America & Caribbean (excluding high income)
- Arms imports 611.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9814 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 64.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 611.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 106.17 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0105 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.04 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 66.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.76 SIPRI trend indicator values per square kilometre (2023)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is other taxes in Latin America & Caribbean (excluding high income)?
- Other taxes in Latin America & Caribbean (excluding high income) was 1.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 2.0% in 2005.
- What is the lowest other taxes recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.8% in 2008.
- How does Latin America & Caribbean (excluding high income) rank for other taxes?
- Latin America & Caribbean (excluding high income) ranks 11th out of 41 groups with data for 2024.
- Is other taxes rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 40.5%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.