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Since the early twentieth century, governments across countries have undertaken extensive tax reforms to pursue growth goals, especially in low—middle-income countries, where the tax revenue and GDP is only 14–15%, compared to 30% in developed countries (World Bank, Citation 2021). Thus, policymakers in developing countries are concerned ...
Apr 8, 2024 · Economic Situation. After peaking at 8.9% in 2022, real GDP growth in the DRC remained robust at 7.8% in 2023, supported by a strong mining sector, which grew by 15.4% contributing around 70% to overall growth in 2023. Agriculture production slowed to 2.2% growth in 2023 (from 2.4 % in 2022). On the demand side, growth was led by private ...
Oct 9, 2022 · The IMF's figures are based on an annual GDP measured in billions of U.S. dollars, and are downloadable from its Datamapper service. In Q3 2022, Apple reported revenue of $82.959 billion in the ...
Tax revenue (% of GDP) International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates. License : CC BY-4.0
Feb 29, 2024 · Key Takeaways. Gross domestic product tracks the health of a country's economy. It represents the value of all goods and services produced over a specific time period within a country's borders ...
Nov 2, 2018 · How do countries mobilize large tax revenue—defined as an average increase in the tax-to-GDP ratio of 0.5 percent per year over three years or more? To answer this question, we build a novel dataset covering 55 episodes of large tax revenue mobilization in low-income countries and emerging markets.
Jul 8, 2020 · The IMF concludes that “Tobacco excise revenues are generally low: 0 to 0.2 percent of GDP in most sub-Saharan countries, 0.2 to less than 1 percent of GDP in the OECD countries and many large developing markets such as Vietnam or the Philippines, and slightly more in some large middle-income markets such as Egypt (1 percent of GDP) and ...
