Paraguay
Tax revenue (% of GDP)

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Global rank#73out of 89 countries
Go to rankingOpenglobal ranking and map

Historical trend

11.310.59.68.77.8200520152024Paraguay · 2024: 11.33%Paraguay

Analytical takeaways

  • Paraguay records 11.33% for Tax revenue (% of GDP) in 2024, ranking #73 globally out of 89 countries.
  • Tax revenue (% of GDP) increased from 8.26% in 2005 to 11.33% in 2024, a gain of 3.07%.
  • The country sits in the bottom quartile of the global distribution for this metric, which also makes the page relevant for low-value and lagging-performance searches.

Comparison

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