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Trinidad and Tobago Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

16.76% −3.12% (-15.7%)
Year 2019 Rank #70 Global Peak 35.65% (1980) Source World Bank

Trinidad and Tobago Tax Revenue (1976–2019)

Overview

Trinidad and Tobago's tax revenue stood at 16.76% in 2019, a decline of +3.12% from 2018. Trinidad and Tobago ranked 70th globally.

Data & projection

Year Tax Revenue YoY change Rank
2019 16.76% −3.12% #70
2018 19.88% +1.47% #92
2017 18.40% −2.99% #92
2016 21.40% −3.31% #105
2015 24.71% −0.32% #130
2014 25.03% +0.77% #129
2013 24.26% −0.70% #116
2012 24.96% −0.68% #120
2011 25.64% −0.60% #122
2010 26.24% −0.58% #121
2009 26.83% −2.66% #116
2008 29.49% +3.49% #113
2007 26.00% −4.26% #100
2006 30.26% +3.88% #105
2005 26.38% +4.35% #99
Show all years (1976-2019)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 3.7% C/A balance 14.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Trinidad and Tobago matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's tax revenue?

Trinidad and Tobago's tax revenue was 16.76% in 2019. Ranked 70th globally. This represents a 15.7% decrease from the previous year.

What was the highest tax revenue in Trinidad and Tobago?

Trinidad and Tobago's tax revenue peaked at 35.65% in 1980.

What was the lowest tax revenue in Trinidad and Tobago?

The lowest tax revenue in Trinidad and Tobago was 16.76% in 2019.

How does Trinidad and Tobago rank in tax revenue?

Trinidad and Tobago ranks 70th globally in tax revenue as of 2019.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of Trinidad and Tobago in 2019?

The tax revenue of Trinidad and Tobago in 2019 was 16.76%. This ranks 70th in the world.

Cite this page

APA
Trinidad and Tobago Tax Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/trinidad-and-tobago/tax-revenue
BibTeX
@misc{historysaid_trinidad-and-tobago_tax-revenue, title = {Trinidad and Tobago Tax Revenue}, url = {https://historysaid.com/trinidad-and-tobago/tax-revenue}, publisher = {HistorySaid}, year = {2026} }