Paraguay vs Trinidad and Tobago: Taxes on international trade
Paraguay
5.7%
in 2024
Trinidad and Tobago
6.0%
in 2019
Paraguay rank
61st
Trinidad and Tobago rank
59th
Taxes on international trade over time
- Paraguay
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 6.0% against 5.7% in Paraguay, a difference of 0.3%.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Paraguay ahead.
Paraguay ranks 61st and Trinidad and Tobago ranks 59th of 154 countries.
Paraguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Paraguay | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.2% | 4.5% | 2.8% | Paraguay |
| 2010s | 6.1% | 5.1% | 1.0% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Paraguay or Trinidad and Tobago?
- Trinidad and Tobago, at 6.0% against 5.7% in Paraguay as of 2019.
- What is the difference in taxes on international trade between Paraguay and Trinidad and Tobago?
- 0.3%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Paraguay and Trinidad and Tobago?
- 15 years are reported by both, from 2005 to 2019.
- How do Paraguay and Trinidad and Tobago rank globally for taxes on international trade?
- Paraguay ranks 61st 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.