Philippines vs Trinidad and Tobago: Goods and services expense
Philippines
22.3%
in 2023
Trinidad and Tobago
22.1%
in 2019
Philippines rank
34th
Trinidad and Tobago rank
35th
Goods and services expense over time
- Philippines
- Trinidad and Tobago
How they compare
Philippines currently reports 22.3% against 22.1% in Trinidad and Tobago, a difference of 0.2%.
Across all 18 years both countries report, Trinidad and Tobago has been ahead every year.
Philippines ranks 34th and Trinidad and Tobago ranks 35th of 154 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Philippines | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.0% | 16.4% | 5.3% | Trinidad and Tobago |
| 2010s | 18.9% | 21.7% | 2.8% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Philippines or Trinidad and Tobago?
- Philippines, at 22.3% against 22.1% in Trinidad and Tobago as of 2023.
- What is the difference in goods and services expense between Philippines and Trinidad and Tobago?
- 0.2%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Trinidad and Tobago?
- 18 years are reported by both, from 2001 to 2019.
- How do Philippines and Trinidad and Tobago rank globally for goods and services expense?
- Philippines ranks 34th and Trinidad and Tobago ranks 35th of 154 countries.
- 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.