Lower over the period
Argentina Tax Revenue as Percentage of GDP moved from 12.34 Percentage in 2015 to 10.43 Percentage in 2024 (−15.5%), an average of −1.8% a year. The series high was 12.34 Percentage in 2015 and the low 9.79 Percentage in 2018.
What Argentina Tax Revenue as Percentage of GDP shows
Argentina Tax Revenue as Percentage of GDP was 10.43 Percentage in 2024, up 5% on 2023. The Tax Revenue as a Percentage of GDP dataset for Argentina provides a comprehensive assessment of the country's tax collection performance relative to the size of its economy, offering valuable insights into fiscal capacity, government revenue generation, and public finance trends. Measured as a Percentage, the dataset covers 2015–2024 and indicates moderate fluctuations in tax revenue throughout the decade.
A 20.6% peak-to-trough swing
The gap between the series high (2015) and low (2018) is 2.55 Percentage. The sharpest single-year move was −10.5% in 2018.
Ranks 24 of 27 countries covered
Among the 27 countries in this dataset, Argentina ranks 24 for 2024, behind Denmark (33.36 Percentage) and Sweden (27.23 Percentage). It accounts for 75.5% of the global total in 2024.
Full series
Argentina Tax Revenue as Percentage of GDP by year
Complete annual series with year-on-year change. Values are reported in Percentage.
Scroll the table sideways to see all columns.
| Year | Percentage | Change vs prior year |
|---|---|---|
| 2024 | 10.43 | +5% |
| 2023 | 9.93 | −10.3% |
| 2022 | 11.06 | −2.4% |
| 2021 | 11.34 | +5.9% |
| 2020 | 10.71 | +3% |
| 2019 | 10.39 | +6.1% |
| 2018 Trough | 9.79 | −10.5% |
| 2017 | 10.94 | −9.6% |
| 2016 | 12.10 | −1.9% |
| 2015Peak | 12.34 | — |
Regional context
How Argentina compares in Latin America and Caribbean
Tax Revenue as Percentage of GDP by country, 2024, Percentage. Argentina is highlighted.
1Chile18.26
2Brazil15.41
3Colombia15.22
4Mexico14.82
5Argentina10.43
Data definition
Inclusions and exclusions
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics.
The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
About this indicator
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
Tax revenue accounted for 12.34% of GDP in 2015, declined steadily to 9.79% in 2018, recovered gradually to 11.34% in 2021, eased slightly to 11.06% in 2022, fell to 9.93% in 2023, and improved to 10.43% in 2024.
The year-wise trend reflects Argentina's evolving fiscal environment, influenced by economic cycles, inflationary pressures, fiscal policy adjustments, and changing revenue collection conditions. Despite periods of volatility, the recovery observed after 2018 and the improvement in 2024 demonstrate the government's continued efforts to strengthen domestic revenue mobilization and support fiscal sustainability. Tax revenue remains a key source of financing for public infrastructure, healthcare, education, social welfare, and broader economic development initiatives.
This dataset is valuable for policymakers, economists, financial institutions, investors, researchers, and international organizations seeking to evaluate fiscal performance, taxation efficiency, and macroeconomic stability. It supports benchmarking Argentina against regional and global economies, assessing the effectiveness of tax policy reforms, monitoring long-term revenue trends, forecasting future government income, and analyzing the relationship between taxation, economic growth, inflation, and public expenditure. The data also contributes to research on public finance, fiscal resilience, government budgeting, and economic competitiveness.
Overall, the 2015–2024 dataset highlights Argentina's fluctuating tax revenue performance relative to GDP amid changing economic conditions. It provides a reliable foundation for fiscal analysis, policy evaluation, investment planning, and long-term economic forecasting while supporting evidence-based public finance and sustainable economic development.
- Indicator
- Tax Revenue as Percentage of GDP
- Country
- Argentina
- Region
- Latin America and Caribbean
- Unit
- Percentage
- Coverage
- 2015–2024, annual
- Category
- BFSI
- Last updated
- July 2026
- Source
- data.worldbank.org
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Frequently asked questions
What is Argentina Tax Revenue as Percentage of GDP?
Definition – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
What was Argentina Tax Revenue as Percentage of GDP in 2024?
Argentina Tax Revenue as Percentage of GDP was 10.43 Percentage in 2024, up 5% on 2023.
How has Argentina Tax Revenue as Percentage of GDP changed between 2015 and 2024?
Argentina Tax Revenue as Percentage of GDP moved from 12.34 Percentage in 2015 to 10.43 Percentage in 2024 (−15.5%), an average of −1.8% a year. The series high was 12.34 Percentage in 2015 and the low 9.79 Percentage in 2018.
Which year had the highest and lowest Argentina Tax Revenue as Percentage of GDP?
The highest value was 12.34 Percentage in 2015 and the lowest was 9.79 Percentage in 2018.
What does the Argentina Tax Revenue as Percentage of GDP data include and exclude?
Included: The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics. Excluded: The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
Where does the Argentina Tax Revenue as Percentage of GDP data come from?
The series is sourced from data.worldbank.org (https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS). It covers 2015–2024 and is reported in Percentage.
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