Revenue, excluding grants (% of GDP) in Latin America & the Caribbean (IDA & IBRD countries) stood at 22.82% in 2024, according to World Bank. The latest value is up 0.2 percentage points from 22.61% in 2023. Ten years earlier, in 2014, the value was 21.79% (up 1.03 percentage points since). The highest value since 2010 was 23.44% in 2022, the lowest 20.56% in 2020.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Revenue, excluding grants (% of GDP), measured in %, measures the total economic output of Latin America & the Caribbean (IDA & IBRD countries). 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 & the Caribbean (IDA & IBRD countries), 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.
Revenue, excluding grants (% of GDP) in Latin America & the Caribbean (IDA & IBRD countries) stood at 22.82% in 2024, according to World Bank.
The latest value is up 0.2 percentage points from 22.61% in 2023. Ten years earlier, in 2014, the value was 21.79% (up 1.03 percentage points since).
The highest value since 2010 was 23.44% in 2022, the lowest 20.56% in 2020.
| Indicator | Revenue, excluding grants (% of GDP) |
|---|---|
| Country | Latin America & the Caribbean (IDA & IBRD countries) |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Revenue, excluding grants (% of GDP) — Latin America & the Caribbean (IDA & IBRD countries) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/TLA. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS
World Bank. "Revenue, excluding grants (% of GDP) — Latin America & the Caribbean (IDA & IBRD countries)." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/TLA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.
World Bank. 2026. "Revenue, excluding grants (% of GDP) — Latin America & the Caribbean (IDA & IBRD countries)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/TLA. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.
@misc{econdash_wdi_gc_rev_xgrt_gd_zs_tla,
author = {{World Bank}},
title = {{Revenue, excluding grants (\% of GDP) --- Latin America \& the Caribbean (IDA \& IBRD countries)}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/TLA},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS}
}Browse indicators available for Latin America & the Caribbean (IDA & IBRD countries). Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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