Caribbean small states - Tax revenue
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Caribbean small states was 20.66 as of 2018. Its highest value over the past 17 years was 24.29 in 2008, while its lowest value was 18.47 in 2002.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2001 | 19.20 |
| 2002 | 18.47 |
| 2003 | 19.89 |
| 2004 | 20.33 |
| 2005 | 22.24 |
| 2006 | 24.26 |
| 2007 | 22.70 |
| 2008 | 24.29 |
| 2009 | 23.00 |
| 2010 | 22.45 |
| 2011 | 22.47 |
| 2012 | 22.68 |
| 2013 | 22.09 |
| 2014 | 22.70 |
| 2015 | 23.22 |
| 2016 | 21.02 |
| 2017 | 20.51 |
| 2018 | 20.66 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
