Trinidad and Tobago vs Vanuatu: Tax revenue
Trinidad and Tobago
16.8%
in 2019
Vanuatu
16.5%
in 2023
Trinidad and Tobago rank
80th
Vanuatu rank
81st
Tax revenue over time
- Trinidad and Tobago
- Vanuatu
How they compare
Trinidad and Tobago currently reports 16.8% against 16.5% in Vanuatu, a difference of 0.3%.
Across all 11 years both countries report, Trinidad and Tobago has been ahead every year.
Trinidad and Tobago ranks 80th and Vanuatu ranks 81st of 157 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Trinidad and Tobago | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.8% | 16.5% | 10.3% | Trinidad and Tobago |
| 2010s | 22.7% | 15.7% | 7.0% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Trinidad and Tobago or Vanuatu?
- Trinidad and Tobago, at 16.8% against 16.5% in Vanuatu as of 2019.
- What is the difference in tax revenue between Trinidad and Tobago and Vanuatu?
- 0.3%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Trinidad and Tobago and Vanuatu?
- 11 years are reported by both, from 2009 to 2019.
- How do Trinidad and Tobago and Vanuatu rank globally for tax revenue?
- Trinidad and Tobago ranks 80th and Vanuatu ranks 81st 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.