Tax-to-GDP Ratios Rising Across Africa
April 5, 2016 International Tax Cooperation
PARIS – The tax-to-GDP ratios of countries in Africa are rising, though some nations are making much more rapid progress then their neighbors.
In a new report released on April 4th the Organization for Economic Cooperation and Development showed that the tax-to-GDP ratio in 8 African countries rose over the years between 2010 and 2014.
The countries examined in the report were Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa, and Tunisia.
The current tax-to-GDP ratios in each country are 16.1 percent in both Rwanda and Cameroon, 17.8 percent in Côte d’Ivoire, 20 percent in Mauritius, 20.1 percent in Senegal, 27.8 percent in South Africa, 28.5 percent in Morocco, and 31.3 percent in Tunisia.
The ratios in each country have shown an improvement since 2010, with Mauritius having the smallest rise at 0.9 percent, and Tunisia having the most significant rise at 6.7 percent, with all other countries seeing growth of between 5 percent and 6 percent.
In comparison the average tax-to-GDP ratio of all countries of the OECD in 2014 is 34.4 percent, while the average for all countries of Latin America and the Caribbean is 21.7 percent.
Photo By: Simon Cunningham