Government revenue in Trinidad and Tobago in 2019 — 24.26%. Ranked 75 in the world out of 138. Since 1976, the indicator has fallen by 14.17 pp.
1976–2019 · % of GDP
How the value compares with the world and the groups this territory belongs to: Trinidad and Tobago
| Year | % | Change, pp |
|---|---|---|
| 2019 | 24.26 | −5.3 pp |
| 2018 | 29.57 | +0.84 pp |
| 2017 | 28.73 | −2.51 pp |
| 2016 | 31.24 | −4.62 pp |
| 2015 | 35.86 | +3.04 pp |
| 2014 | 32.82 | +2.36 pp |
| 2013 | 30.46 | +0.55 pp |
| 2012 | 29.91 | +1.21 pp |
| 2011 | 28.69 | −4.23 pp |
| 2010 | 32.93 | −1.36 pp |
| 2009 | 34.28 | +0.63 pp |
| 2008 | 33.65 | +3.21 pp |
| 2007 | 30.44 | −4.32 pp |
| 2006 | 34.76 | +4.11 pp |
| 2005 | 30.65 | +4.5 pp |
| 2004 | 26.15 | +0.53 pp |
| 2003 | 25.62 | −0.4 pp |
| 2002 | 26.02 | −1.12 pp |
| 2001 | 27.14 | — |
| 1981 | 42.91 | −0.28 pp |
| 1980 | 43.19 | +5.9 pp |
| 1979 | 37.29 | +0.41 pp |
| 1978 | 36.88 | −3.45 pp |
| 1977 | 40.33 | +1.9 pp |
| 1976 | 38.43 | — |
The same indicator for neighboring countries — with links to their pages
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.
