Marshall Islands vs Trinidad and Tobago: Tax revenue
Marshall Islands
17.2%
in 2020
Trinidad and Tobago
16.8%
in 2019
Marshall Islands rank
77th
Trinidad and Tobago rank
80th
Tax revenue over time
- Marshall Islands
- Trinidad and Tobago
How they compare
Marshall Islands currently reports 17.2% against 16.8% in Trinidad and Tobago, a difference of 0.4%.
The two have swapped places 1 time across 12 shared years of data; in 2008 it was Trinidad and Tobago ahead.
Marshall Islands ranks 77th and Trinidad and Tobago ranks 80th of 157 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Marshall Islands | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.9% | 28.2% | 9.3% | Trinidad and Tobago |
| 2010s | 17.2% | 22.7% | 5.5% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Marshall Islands or Trinidad and Tobago?
- Marshall Islands, at 17.2% against 16.8% in Trinidad and Tobago as of 2020.
- What is the difference in tax revenue between Marshall Islands and Trinidad and Tobago?
- 0.4%, with Marshall Islands ahead.
- How many years of comparable data are there for Marshall Islands and Trinidad and Tobago?
- 12 years are reported by both, from 2008 to 2019.
- How do Marshall Islands and Trinidad and Tobago rank globally for tax revenue?
- Marshall Islands ranks 77th and Trinidad and Tobago ranks 80th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.