Luxembourg vs Trinidad and Tobago: Tax revenue
Tax revenue over time
- Luxembourg
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 26.57 billion current LCU against 24.68 billion current LCU in Luxembourg, a difference of 1.89 billion current LCU.
That makes Trinidad and Tobago's figure about 1.1 times Luxembourg's.
Across all 25 years both countries report, Trinidad and Tobago has been ahead every year.
Luxembourg ranks 110th and Trinidad and Tobago ranks 108th of 157 countries.
Trinidad and Tobago has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 795.98 million current LCU | 2.49 billion current LCU | 1.69 billion current LCU | Trinidad and Tobago |
| 1980s | 1.02 billion current LCU | 5.59 billion current LCU | 4.57 billion current LCU | Trinidad and Tobago |
| 2000s | 7.68 billion current LCU | 26.53 billion current LCU | 18.84 billion current LCU | Trinidad and Tobago |
| 2010s | 13.02 billion current LCU | 37.88 billion current LCU | 24.87 billion current LCU | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Luxembourg or Trinidad and Tobago?
- Trinidad and Tobago, at 26.57 billion current LCU against 24.68 billion current LCU in Luxembourg as of 2019.
- What is the difference in tax revenue between Luxembourg and Trinidad and Tobago?
- 1.89 billion current LCU, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Luxembourg and Trinidad and Tobago?
- 25 years are reported by both, from 1976 to 2019.
- How do Luxembourg and Trinidad and Tobago rank globally for tax revenue?
- Luxembourg ranks 110th and Trinidad and Tobago ranks 108th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.