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Latin America & Caribbean Revenue, excluding grants (% of GDP) 2026: Interactive Chart & Historical Data

Revenue, excluding grants (% of GDP) in Latin America & Caribbean stood at 22.81% in 2024, according to World Bank. The latest value is up 0.21 percentage points from 22.61% in 2023. Ten years earlier, in 2014, the value was 21.77% (up 1.04 percentage points since). The highest value since 2010 was 23.43% in 2022, the lowest 20.56% in 2020.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Revenue, excluding grants (% of GDP)?

Revenue, excluding grants (% of GDP), measured in %, measures the total economic output of Latin America & Caribbean . It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Latin America & Caribbean , the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Revenue, excluding grants (% of GDP) in Latin America & Caribbean ?

Revenue, excluding grants (% of GDP) in Latin America & Caribbean stood at 22.81% in 2024, according to World Bank.

Is Revenue, excluding grants (% of GDP) in Latin America & Caribbean rising or falling?

The latest value is up 0.21 percentage points from 22.61% in 2023. Ten years earlier, in 2014, the value was 21.77% (up 1.04 percentage points since).

What is the highest Revenue, excluding grants (% of GDP) on record in Latin America & Caribbean ?

The highest value since 2010 was 23.43% in 2022, the lowest 20.56% in 2020.

Metadata for Revenue, excluding grants (% of GDP) in Latin America & Caribbean
IndicatorRevenue, excluding grants (% of GDP)
CountryLatin America & Caribbean
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.REV.XGRT.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Revenue, excluding grants (% of GDP) — Latin America & Caribbean [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LCN. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS

MLA

World Bank. "Revenue, excluding grants (% of GDP) — Latin America & Caribbean ." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LCN. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

Chicago

World Bank. 2026. "Revenue, excluding grants (% of GDP) — Latin America & Caribbean ." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LCN. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_rev_xgrt_gd_zs_lcn,
  author = {{World Bank}},
  title = {{Revenue, excluding grants (\% of GDP) --- Latin America \& Caribbean }},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LCN},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS}
}