High income vs Trinidad and Tobago: Goods and services expense

High income
8.6%
in 2023
Trinidad and Tobago
22.1%
in 2019
High income rank
34th
Trinidad and Tobago rank
35th

Goods and services expense over time

  • High income
  • Trinidad and Tobago
0510152025197419982023

How they compare

Trinidad and Tobago currently reports 22.1% against 8.6% in High income, a difference of 13.5%.

That makes Trinidad and Tobago's figure about 2.6 times High income's.

Across all 18 years both countries report, Trinidad and Tobago has been ahead every year.

High income ranks 34th 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 High income Trinidad and Tobago Difference Ahead
2000s 9.6% 16.4% 6.8% Trinidad and Tobago
2010s 9.0% 21.7% 12.6% Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, High income or Trinidad and Tobago?
Trinidad and Tobago, at 22.1% against 8.6% in High income as of 2019.
What is the difference in goods and services expense between High income and Trinidad and Tobago?
13.5%, with Trinidad and Tobago ahead.
How many years of comparable data are there for High income and Trinidad and Tobago?
18 years are reported by both, from 2001 to 2019.
How do High income and Trinidad and Tobago rank globally for goods and services expense?
High income ranks 34th 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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High income vs Trinidad and Tobago: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-percent-of-expense/high-income/trinidad-and-tobago/

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About this data

Indicator
Goods and services expense (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 5,247 data points, 1972–2024
Last refreshed

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.