9

GROSS TAX COLLECTION/GDP RATIO 2011-2019:INDIA IS HIGHERTHAN NORMAL'

REGION

Advanced Economies
East Asia
Per capita GDPS in 0000

49.2%
MEANS 2011-2019 WEIGHTEDBYSHAREIN WORLD
Tax/GDP%

22.5%
Predicted| TaxGap%| Fiscal
Tax/GDP%
23.5%
Deficit/GDP%
-1% 4%
10.7% 16.6% 19.3% -2.4% -1.9%
Russia and East Europe |11.5% 21.5% 20.6% 0.9% 2.3%
Latin America 10.4% 18.2% 19.5% -1.3% -3.9%
Middle East and NAfrica 10% 173% 20% -5.1%
-2.6%
South Asia 1.7% 15.5% 15.6% 0% 67%
Sub-Saharan Africa 34% 16.9% 15.2% 1.6% -3.9%
Above (104 countries) 26.7% 19.5% 20.8 -13% 3.6%
INDIA 2070% 16.9% 15.6% 12%
Source: IMFWorld Revenue database,
https://data.ims.org/7sk=77413/1d-1525-450a-023a-47aeed40fe78
Resource Rich economies, population <3million not in
sample Predicted tay/GDP based on a regression of tox/GDPratio on log per
capita GDP PPP