Revenue Statistics in Latin America and the Caribbean 2024: ‘Surge in oil and gas revenue drove up tax receipts in Latin America and the Caribbean in 2022’

Tax revenue rose as a share of GDP on average across Latin America and the Caribbean (LAC) countries between 2021 and 2022 due partly to a sharp increase in revenue from the oil and gas sector, according to the report Revenue Statistics in Latin America and the Caribbean 2024, released yesterday at the 36th Regional Fiscal Seminar in Santiago, Chile. This has been announced in a news release on the website ...