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OECD Releases Report Finding that Africa's Tax Revenues Remain Below Pre-Pandemic Levels

02 November 2023

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OECD

The OECD has announced the release of the 2023 edition of Revenue Statistics in Africa, finding that Africa's tax revenues remain below pre-pandemic levels. --- Africa's tax revenues remain below pre-pandemic levels in 2021 as financing challenges worsen. 31/10/2023 – Africa's average tax-to-GDP ratio was 15.6% in 2021, unchanged from the previous year and remaining below its pre-pandemic levels, according to the 2023 edition of Revenue Statistics in Africa released today. Launched at the 22nd International Economic Forum on Africa in Paris, the new report reveals that tax-to-GDP ratios remained below pre-pandemic levels in 17 of the 33 countries covered...