Mongolia vs Trinidad and Tobago: Tax revenue
Mongolia
16.9%
in 2024
Trinidad and Tobago
16.8%
in 2019
Mongolia rank
79th
Trinidad and Tobago rank
80th
Tax revenue over time
- Mongolia
- Trinidad and Tobago
How they compare
Mongolia currently reports 16.9% against 16.8% in Trinidad and Tobago, a difference of 0.1%.
The two have swapped places 1 time across 17 shared years of data; in 2001 it was Trinidad and Tobago ahead.
Mongolia ranks 79th 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 | Mongolia | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.5% | 25.2% | 5.7% | Trinidad and Tobago |
| 2010s | 15.2% | 22.7% | 7.5% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Mongolia or Trinidad and Tobago?
- Mongolia, at 16.9% against 16.8% in Trinidad and Tobago as of 2024.
- What is the difference in tax revenue between Mongolia and Trinidad and Tobago?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Trinidad and Tobago?
- 17 years are reported by both, from 2001 to 2019.
- How do Mongolia and Trinidad and Tobago rank globally for tax revenue?
- Mongolia ranks 79th 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.
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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.