Tax revenue (% of GDP) in Trinidad and Tobago in 2019 — 16.76%. Ranked 68 in the world out of 138. Since 1976, the indicator has fallen by 12.83 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 | 16.76 | −3.12 pp |
| 2018 | 19.88 | +1.47 pp |
| 2017 | 18.4 | −2.99 pp |
| 2016 | 21.4 | −3.31 pp |
| 2015 | 24.71 | −0.32 pp |
| 2014 | 25.03 | +0.77 pp |
| 2013 | 24.26 | −0.7 pp |
| 2012 | 24.96 | −0.68 pp |
| 2011 | 25.64 | −0.6 pp |
| 2010 | 26.24 | −0.58 pp |
| 2009 | 26.83 | −2.66 pp |
| 2008 | 29.49 | +3.49 pp |
| 2007 | 26 | −4.26 pp |
| 2006 | 30.26 | +3.88 pp |
| 2005 | 26.38 | +4.35 pp |
| 2004 | 22.03 | +0.72 pp |
| 2003 | 21.3 | +0.85 pp |
| 2002 | 20.46 | −1.67 pp |
| 2001 | 22.12 | — |
| 1981 | 34.84 | −0.81 pp |
| 1980 | 35.65 | +6.47 pp |
| 1979 | 29.18 | +0.43 pp |
| 1978 | 28.75 | −3.87 pp |
| 1977 | 32.62 | +3.03 pp |
| 1976 | 29.59 | — |
The same indicator for neighboring countries — with links to their pages
Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.
Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Government debtGross general government debt as a percent of GDP.
