Brazil vs Trinidad and Tobago: Taxes on goods and services
Brazil
20.3%
in 2024
Trinidad and Tobago
20.8%
in 2019
Brazil rank
128th
Trinidad and Tobago rank
127th
Taxes on goods and services over time
- Brazil
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 20.8% against 20.3% in Brazil, a difference of 0.5%.
Across all 10 years both countries report, Brazil has been ahead every year.
Brazil ranks 128th and Trinidad and Tobago ranks 127th of 156 countries.
Brazil has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher taxes on goods and services, Brazil or Trinidad and Tobago?
- Trinidad and Tobago, at 20.8% against 20.3% in Brazil as of 2019.
- What is the difference in taxes on goods and services between Brazil and Trinidad and Tobago?
- 0.5%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Brazil and Trinidad and Tobago?
- 10 years are reported by both, from 2010 to 2019.
- How do Brazil and Trinidad and Tobago rank globally for taxes on goods and services?
- Brazil ranks 128th and Trinidad and Tobago ranks 127th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.