Chile - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Chile was 17.80 as of 2019. Its highest value over the past 47 years was 20.60 in 1975, while its lowest value was 13.31 in 1990.

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
1972 16.22
1973 17.42
1974 16.34
1975 20.60
1976 18.40
1977 18.76
1978 18.68
1979 17.95
1980 19.05
1981 20.12
1982 19.75
1983 18.84
1984 20.03
1985 18.13
1986 17.98
1987 16.81
1988 14.37
1989 13.94
1990 13.31
1991 15.23
1992 15.74
1993 16.31
1994 15.62
1995 15.10
1996 16.17
1997 15.93
1998 15.85
1999 15.18
2000 16.15
2001 16.03
2002 16.20
2003 15.95
2004 16.40
2005 18.03
2006 19.49
2007 20.26
2008 18.71
2009 14.52
2010 17.36
2011 18.86
2012 18.99
2013 17.39
2014 16.97
2015 17.44
2016 17.39
2017 17.46
2018 18.26
2019 17.80

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance