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Database of Equivalent Fiscal Pressure in Latin America and the Caribbean - 1990-2018

By Fiscal Management Division (VPS/IFD/FMM)

The Equivalent Fiscal Pressure (EFP) for Latin America and the Caribbean for the period 1990-2018, calculated using the IDB-CIAT methodology, measures the total resources collected by the countries of the region. This includes mandatory contributions to private (actuarial) social security systems and non-tax revenues from natural resource exploitation activities. In 2018, the EFP reached 25.2% of GDP, an increase of 0.4% compared to 2017. The sustained increase is based on three fiscal pillars: the Value-Added Tax (VAT), the Income Tax System (ISR), and mandatory Social Security Contributions (SSC), both public and private. From 1990 to 2018, these pillars collectively grew as follows: VAT by 3.4 percentage points of GDP (87.0%), ISR by 2.7 points (77.5%), mandatory SSC by 1.6 points (59.5%), and non-tax revenue from natural resources by 0.7 points (317.5%). Over the most recent five-year period (2013-2018), EFP growth was limited to 1 percentage point of GDP, equivalent to a 4.1% increase. VAT and ISR grew by only 4.8% (to 7.3% of GDP in 2018) and 11.8% (to 6.3% of GDP), respectively, while revenues from natural resources declined by 51.9% (to 1.0% of GDP).

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Metadata & use

Identifier https://doi.org/10.60966/ypg6-hj28
License Creative Commons Attribution–NonCommercial–NoDerivs 3.0 IGO
Relation
Citation

Rojas, Agnes;Morán, Dalmiro;Díaz, Santiago;Lopez, Julio, 2019, Database of Equivalent Fiscal Pressure in Latin America and the Caribbean - 1990-2018, IDB Open Data, https://doi.org/10.60966/ypg6-hj28
Issued date 2019-10-30
Modified date 2025-04-10
Tags/Keywords Income Taxation · Value-Added Tax
Language Spanish
In Series Latin America and the Caribbean Equivalent Fiscal Pressure Databases
Temporal coverage 1990-2018
Geographic coverage
Argentina
Bahamas
Barbados
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Suriname
Trinidad and Tobago
Uruguay
Venezuela
Regional coverage Latin America and the Caribbean
Publisher
Inter-American Development Bank
Author
Rojas, Agnes
Morán, Dalmiro
Díaz, Santiago
Lopez, Julio
Data collection type Administrative Data
Statistical type Panel Data
Data structure Structured Data

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