Paraguay - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Paraguay was 23,658,100,000,000 as of 2019. As the graph below shows, over the past 14 years this indicator reached a maximum value of 23,658,100,000,000 in 2019 and a minimum value of 5,482,500,000,000 in 2005.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2005 5,482,500,000,000
2006 6,319,800,000,000
2007 7,043,590,000,000
2008 8,693,320,000,000
2009 9,246,190,000,000
2010 11,452,100,000,000
2011 13,252,800,000,000
2012 13,924,300,000,000
2013 14,958,500,000,000
2014 17,558,300,000,000
2015 18,351,500,000,000
2016 19,562,400,000,000
2017 21,816,900,000,000
2018 23,230,700,000,000
2019 23,658,100,000,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Paraguay was 10.00 as of 2019. Its highest value over the past 14 years was 10.08 in 2018, while its lowest value was 7.84 in 2007.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2005 8.26
2006 8.35
2007 7.84
2008 8.09
2009 8.33
2010 8.87
2011 9.37
2012 9.46
2013 8.99
2014 9.75
2015 9.74
2016 9.56
2017 9.96
2018 10.08
2019 10.00

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance