Countries above 20% are resource-rich countries, very small economies (Sâo Tomé & P, Seychelles, Cape Verde), have high tariff revenues and high average tariff rates (Lesotho), or all of this (Namibia). [...] Only exception in the sample is Ghana (slightly over 20%). [...] What happened since the 1980s?Tax ratios increased substantially in the 1980s: mainly non-resource income and indirect (cascading sales) taxes. [...] Since the early 1990s, increase in tax ratios is (on average) a resource rent phenomena; non-resource tax revenues have stagnated, especially in LICs. [...] Slide Number 4 Characteristics of natural resources SSA economies Taxes for natural resources Taxes for natural resources.
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