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OECD Report Finds Decrease in Tax Revenue Compared to GDP in Latin America and the Caribbean

|Approved Changes|OECD
OECD

The OECD has announced the release of its report Revenue Statistics in Latin America and the Caribbean 2025, finding that tax revenue has rebounded in Latin America and the Caribbean.

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Tax revenues in Latin America and the Caribbean fell in 2023 as commodity prices weakened

Tax revenues in Latin America and the Caribbean (LAC) decreased as a share of GDP in 2023 amid a slowdown in econ…

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