Ranking the Caribbean on Tax Revenue
Above: Trinidad and Tobago (CJ Photo)
By the Caribbean Journal staff
Which Caribbean countries collect the most in tax revenue?
To find out, we looked at recently-released 2012 World Bank data on tax revenue collected by central governments around the world, as a percentage of GDP.
Tax revenue refers to “compulsory transfers to the central government for public purposes,” according to the World Bank.
The country with the highest rate of revenue collection was Trinidad, with 28.3 percent, followed by Jamaica at 27.1 percent of GDP.
As a point of comparison, the world rate was around 14.5 percent of GDP, according to the World Bank.
Note: the World Bank did not have data for Cuba, Haiti and Guyana among sovereign countries.
See the full list below:
