India vs Trinidad and Tobago: Taxes on international trade
Taxes on international trade over time
- India
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 6.0% against 5.5% in India, a difference of 0.5%.
That makes Trinidad and Tobago's figure about 1.1 times India's.
The two have swapped places 1 time across 18 shared years of data; in 2001 it was India ahead.
India ranks 62nd and Trinidad and Tobago ranks 59th of 154 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.5% | 5.0% | 9.5% | India |
| 2010s | 11.5% | 5.0% | 6.5% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, India or Trinidad and Tobago?
- Trinidad and Tobago, at 6.0% against 5.5% in India as of 2019.
- What is the difference in taxes on international trade between India and Trinidad and Tobago?
- 0.5%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for India and Trinidad and Tobago?
- 18 years are reported by both, from 2001 to 2018.
- How do India and Trinidad and Tobago rank globally for taxes on international trade?
- India ranks 62nd and Trinidad and Tobago ranks 59th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.