The Directorate of Tax Studies and Research of CIAT manages and updates the Latin America and Caribbean Tax Expenditures Database based on national reports, reaching the highest possible level of disaggregation. To date, 17,488 items have been recorded from the 18 countries analyzed. On average, tax expenditures amount to 4% of GDP (25% of potential revenue), with more than half of this amount (2.2% of GDP) corresponding to general consumption taxes.