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Trinidad and Tobago - Tax Revenue 1980

Name: Trinidad and Tobago Tax Revenue 1980
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

35.65% +6.47% from 1979 Global rank: 47th

Trinidad and Tobago's tax revenue was 35.65% in 1980, increased +6.47% from 29.18% in 1979. This was the 47th highest globally.

Global Ranking - 1980▾

Tax Revenue by Country - 1980
Rank	Country	Value	YoY
1st	Iran, Islamic Republic of	0.00%	-13.7%
2nd	Kuwait	2.70%	23.9%
3rd	Maldives	5.12%	105.0%
4th	Switzerland	7.29%	2.3%
5th	India	9.03%	-6.8%
6th	Myanmar	9.61%	-5.9%
7th	Spain	9.68%	0.0%
8th	Germany	10.25%	-0.9%
9th	Dominican Republic	10.31%	-6.6%
10th	Rwanda	10.47%	-10.5%
11th	Honduras	10.98%	5.8%
12th	Mexico	11.42%	0.7%
13th	Costa Rica	11.62%	-2.2%
14th	Niger	11.76%	7.8%
15th	United States	12.14%	1.1%
16th	Thailand	13.14%	6.2%
17th	Greece	13.97%	-0.9%
18th	Türkiye	14.34%	-1.7%
19th	Korea	14.41%	-0.6%
20th	Cyprus	14.79%	4.1%
21st	Portugal	15.18%	10.3%
22nd	European Union	15.76%	2.4%
23rd	Uruguay	15.83%	9.5%
24th	Sweden	16.33%	-3.0%
25th	Singapore	16.99%	5.9%
26th	Italy	17.33%	10.1%
27th	South Africa	17.80%	0.8%
28th	Peru	17.96%	30.1%
29th	Mauritius	18.17%	11.6%
30th	Austria	18.65%	0.2%
31st	Chile	18.69%	6.3%
32nd	France	19.48%	2.5%
33rd	Malta	19.69%	2.8%
34th	Australia	20.38%	3.3%
35th	Iceland	20.50%	-3.1%
36th	Tunisia	20.99%	-3.7%
37th	Finland	21.46%	1.3%
38th	Indonesia	21.78%	7.4%
39th	Luxembourg	22.34%	2.1%
40th	Netherlands	23.04%	-0.2%
41st	United Kingdom	23.88%	9.0%
42nd	Ireland	24.23%	10.3%
43rd	Norway	25.11%	12.9%
44th	Denmark	28.65%	0.2%
45th	New Zealand	29.32%	0.6%
46th	Israel	34.13%	-5.0%
47th	Trinidad and Tobago	35.65%	22.2%

FAQ

What was Trinidad and Tobago's tax revenue in 1980?▾

Trinidad and Tobago's tax revenue in 1980 was 35.65%. This ranked 47th globally.

How did Trinidad and Tobago's tax revenue change in 1980?▾

Trinidad and Tobago's tax revenue increased by 22.2% in 1980 compared to 1979.

Which country had the highest tax revenue in 1980?▾

Trinidad and Tobago had the highest tax revenue in 1980 at 35.65%.

What is the tax revenue of Trinidad and Tobago in 1980?▾

The tax revenue of Trinidad and Tobago in 1980 was 35.65%. This ranked 47th globally.

How does 1980 compare to 1979 for Trinidad and Tobago's tax revenue?▾

Trinidad and Tobago's tax revenue went from 29.18% in 1979 to 35.65% in 1980, a 22.2% increase.

HistorySaid - pattern alert

Trinidad and Tobago matched the Fiscal Dominance Trap pattern in 1980. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 11.6%. View full analysis →

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