Latin America & Caribbean
Revenue, excluding grants (% of GDP)

Within the “Latin America & Caribbean” group, Uruguay leads Revenue, excluding grants (% of GDP) in 2024 at 30.60%, while Panama sits at the lower end of the current snapshot with 10.70%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.07.615.322.930.6UruguayUruguay: 30.60%30.6Costa RicaCosta Rica: 27.42%27.4El SalvadorEl Salvador: 27.26%27.3BrazilBrazil: 26.45%26.4ColombiaColombia: 25.85%25.8ChileChile: 21.86%21.9NicaraguaNicaragua: 21.52%21.5MexicoMexico: 19.43%19.4Bahamas, TheBahamas, The: 19.38%19.4ParaguayParaguay: 18.67%18.7Dominican RepublicDominican Republic: 17.50%17.5ArgentinaArgentina: 16.86%16.9

Country table

#CountryValue
1 Uruguay 30.60%
2 Costa Rica 27.42%
3 El Salvador 27.26%
4 Brazil 26.45%
5 Colombia 25.85%
6 Chile 21.86%
7 Nicaragua 21.52%
8 Mexico 19.43%
9 Bahamas, The 19.38%
10 Paraguay 18.67%
11 Dominican Republic 17.50%
12 Argentina 16.86%
13 Guatemala 12.78%
14 Panama 10.70%

Analytical takeaways

  • Inside the Latin America & Caribbean group for Revenue, excluding grants (% of GDP) in 2024, Uruguay leads with a gap of 3.18% to the next country.
  • The peer set on this page covers 14 countries, and the lower end of the current distribution sits with Panama at 10.70%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.