Rising to a series high
Brazil Tax Revenue as Percentage of GDP moved from 13.63 Percentage in 2015 to 15.41 Percentage in 2024 (+13.1%), an average of +1.4% a year. The series high was 15.41 Percentage in 2024 and the low 12.72 Percentage in 2020.
What Brazil Tax Revenue as Percentage of GDP shows
Brazil Tax Revenue as Percentage of GDP was 15.41 Percentage in 2024, up 9.7% on 2023. The Tax Revenue as a Percentage of GDP dataset for Brazil 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.
A 17.5% peak-to-trough swing
The gap between the series high (2024) and low (2020) is 2.69 Percentage. The sharpest single-year move was +11.1% in 2021.
Ranks 12 of 27 countries covered
Among the 27 countries in this dataset, Brazil ranks 12 for 2024, behind Denmark (33.36 Percentage) and Sweden (27.23 Percentage). It accounts for 111.5% of the global total in 2024.
Full series
Brazil 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 |
|---|---|---|
| 2024Peak | 15.41 | +9.7% |
| 2023 | 14.04 | −4.6% |
| 2022 | 14.73 | +4.2% |
| 2021 | 14.14 | +11.1% |
| 2020 Trough | 12.72 | −7.4% |
| 2019 | 13.74 | −1.5% |
| 2018 | 13.94 | +2.5% |
| 2017 | 13.61 | −0.8% |
| 2016 | 13.71 | +0.6% |
| 2015 | 13.63 | — |
Regional context
How Brazil compares in Latin America and Caribbean
Tax Revenue as Percentage of GDP by country, 2024, Percentage. Brazil 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.
Measured as a Percentage, the dataset covers 2015–2024 and indicates a generally stable tax-to-GDP ratio with a strengthening trend in recent years. Tax revenue accounted for 13.63% of GDP in 2015, remained around 13.6–13.9% through 2019, declined to 12.72% in 2020, and recovered to 14.14% in 2021. The ratio continued to rise to 14.73% in 2022, moderated slightly to 14.04% in 2023, and reached a decade high of 15.41% in 2024.
The year-wise trend reflects Brazil's improving fiscal performance following the economic challenges associated with the pandemic. The steady recovery after 2020 demonstrates stronger revenue mobilization, supported by economic expansion and improvements in tax collection. The increasing tax-to-GDP ratio highlights the government's capacity to finance infrastructure, healthcare, education, social programs, and broader economic development while strengthening fiscal sustainability.
This dataset is an important resource for policymakers, economists, financial institutions, investors, researchers, and international organizations assessing fiscal sustainability, taxation efficiency, and macroeconomic performance. It supports benchmarking Brazil against regional and global economies, evaluating the effectiveness of tax policy reforms, monitoring long-term revenue trends, forecasting future government income, and analyzing the relationship between taxation, economic growth, and public expenditure. The data also contributes to research on public finance, fiscal resilience, government budgeting, and long-term economic competitiveness.
Overall, the 2015–2024 dataset highlights Brazil's resilient tax revenue performance relative to GDP, culminating in the highest tax-to-GDP ratio of the decade in 2024. It provides a reliable foundation for fiscal analysis, policy evaluation, investment planning, and long-term economic forecasting while supporting informed public finance and economic development strategies.
- Indicator
- Tax Revenue as Percentage of GDP
- Country
- Brazil
- 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 Brazil 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 Brazil Tax Revenue as Percentage of GDP in 2024?
Brazil Tax Revenue as Percentage of GDP was 15.41 Percentage in 2024, up 9.7% on 2023.
How has Brazil Tax Revenue as Percentage of GDP changed between 2015 and 2024?
Brazil Tax Revenue as Percentage of GDP moved from 13.63 Percentage in 2015 to 15.41 Percentage in 2024 (+13.1%), an average of +1.4% a year. The series high was 15.41 Percentage in 2024 and the low 12.72 Percentage in 2020.
Which year had the highest and lowest Brazil Tax Revenue as Percentage of GDP?
The highest value was 15.41 Percentage in 2024 and the lowest was 12.72 Percentage in 2020.
What does the Brazil 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 Brazil 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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