European Union vs Trinidad and Tobago: Goods and services expense (% of expense)
Goods and services expense (% of expense) over time
- European Union
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 22.1% against 8.0% in European Union, a difference of 14.1%.
That makes Trinidad and Tobago's figure about 2.8 times European Union's.
Across all 18 years both countries report, Trinidad and Tobago has been ahead every year.
European Union ranks 37th and Trinidad and Tobago ranks 35th of 41 groups.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | European Union | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.3% | 16.4% | 8.0% | Trinidad and Tobago |
| 2010s | 7.9% | 21.7% | 13.7% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, European Union or Trinidad and Tobago?
- Trinidad and Tobago, at 22.1% against 8.0% in European Union as of 2019.
- What is the difference in goods and services expense between European Union and Trinidad and Tobago?
- 14.1%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for European Union and Trinidad and Tobago?
- 18 years are reported by both, from 2001 to 2019.
- How do European Union and Trinidad and Tobago rank globally for goods and services expense?
- European Union ranks 37th and Trinidad and Tobago ranks 35th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.