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 economic activity in the region and a decline in global commodity prices, according to a new report.