Nov 20, 2011

Brazil: Tax Collection

The gross taxes collection of the Brazilian Central Government was BRL 78.5 billion in September, with a nominal increase of 4.7% over the previous month and 21.8% over the same month last year.
Over the past 12 months, the total revenue to GDP ratio reached 24.2%, a substantial increase compared to recent period. In 1998, for example, this ratio was 17%, as we can see from the chart below.

These figures do not include taxes collection from the States and Municipalities.

Source: Central Bank and Brazilian Treasury
Elaboration: the author

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