Western Hemisphere (Latin America and the Caribbean) General government revenue (% of GDP) Statistics

25, Jun 2019, EDT.

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Country or Region: Western Hemisphere (Latin America and the Caribbean) › Change country
Economic Indicator: General government revenue (% of GDP) › See all Western Hemisphere indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) Statistics for Western Hemisphere (Latin America and the Caribbean), Year 2015 - In Detail

General government revenue (% of GDP) for Western Hemisphere in year 2015 is 27.876 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Western Hemisphere n/a in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Western Hemisphere is 2.35 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Western Hemisphere was 28.71 % General government revenue (% of GDP) for Western Hemisphere in 2015 was or will be 2.89% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Western Hemisphere was or will be 26.73 %, which is 4.10% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Western Hemisphere, in other Years
Year %
  2021 27.219
  2020 27.314
  2019 27.322
  2018 27.121
  2017 26.857
  2016 26.733
2015 27.876
  2014 28.706
  2013 29.455
  2012 29.343
  2011 29.641
  2010 29.084
  2009 27.915
  2008 29.698
  2007 28.231
  2006 28.093
  2005 27.366
  2004 26.08
  2003 25.674
  2002 23.928
  2001 23.362
  2000 23.582
  1999 23.972
  1998 24.86
  1997 25.506
  1996 25.826
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a