World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Latin America & Caribbean
Tax revenue (% of GDP)

Within the “Latin America & Caribbean” group, El Salvador leads Tax revenue (% of GDP) in 2024 at 21.80%, while Panama sits at the lower end of the current snapshot with 7.18%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.05.410.916.321.8El SalvadorEl Salvador: 21.80%21.8NicaraguaNicaragua: 20.09%20.1ChileChile: 18.26%18.3UruguayUruguay: 17.86%17.9Bahamas, TheBahamas, The: 17.28%17.3BrazilBrazil: 15.41%15.4ColombiaColombia: 15.22%15.2MexicoMexico: 14.82%14.8Dominican RepublicDominican Republic: 14.70%14.7Costa RicaCosta Rica: 13.46%13.5GuatemalaGuatemala: 11.63%11.6ParaguayParaguay: 11.33%11.3

Country table

#CountryValue
1 El Salvador 21.80%
2 Nicaragua 20.09%
3 Chile 18.26%
4 Uruguay 17.86%
5 Bahamas, The 17.28%
6 Brazil 15.41%
7 Colombia 15.22%
8 Mexico 14.82%
9 Dominican Republic 14.70%
10 Costa Rica 13.46%
11 Guatemala 11.63%
12 Paraguay 11.33%
13 Argentina 10.43%
14 Panama 7.18%

Analytical takeaways

  • Inside the Latin America & Caribbean group for Tax revenue (% of GDP) in 2024, El Salvador leads with a gap of 1.71% 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 7.18%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.