Ecuador vs Trinidad and Tobago: Taxes on goods and services
Ecuador
21.1%
in 2022
Trinidad and Tobago
20.8%
in 2019
Ecuador rank
124th
Trinidad and Tobago rank
127th
Taxes on goods and services over time
- Ecuador
- Trinidad and Tobago
How they compare
Ecuador currently reports 21.1% against 20.8% in Trinidad and Tobago, a difference of 0.3%.
Across all 7 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 124th and Trinidad and Tobago ranks 127th of 156 countries.
Ecuador has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher taxes on goods and services, Ecuador or Trinidad and Tobago?
- Ecuador, at 21.1% against 20.8% in Trinidad and Tobago as of 2022.
- What is the difference in taxes on goods and services between Ecuador and Trinidad and Tobago?
- 0.3%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Trinidad and Tobago?
- 7 years are reported by both, from 2013 to 2019.
- How do Ecuador and Trinidad and Tobago rank globally for taxes on goods and services?
- Ecuador ranks 124th 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.