Grants and other revenue in Trinidad and Tobago
Trinidad and Tobago: Grants and other revenue was 18.7% in 2019. ▼ Falling
Grants and other revenue in Trinidad and Tobago, 1976–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2019, grants and other revenue in Trinidad and Tobago stood at 18.7%.
Compared with earlier readings it is down 18.1% on the previous year and up 20.7% over ten years.
Over the whole period, grants and other revenue in Trinidad and Tobago peaked at 26.8% in 2017 and was at its lowest, 8.7%, in 2008.
That places Trinidad and Tobago 78th out of 154 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Grants and other revenue in Trinidad and Tobago, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1976 | 20.8% | — |
| 1977 | 17.2% | -17.5% |
| 1978 | 20.0% | +16.7% |
| 1979 | 20.2% | +0.7% |
| 1980 | 16.5% | -18.3% |
| 1981 | 16.8% | +1.7% |
| 2001 | 13.3% | -20.9% |
| 2002 | 15.7% | +18.5% |
| 2003 | 11.9% | -24.3% |
| 2004 | 11.1% | -6.5% |
| 2005 | 9.9% | -10.9% |
| 2006 | 9.4% | -5.2% |
| 2007 | 10.6% | +12.9% |
| 2008 | 8.7% | -18.4% |
| 2009 | 15.5% | +79.2% |
| 2010 | 14.5% | -6.6% |
| 2011 | 10.6% | -26.6% |
| 2012 | 10.8% | +1.9% |
| 2013 | 14.3% | +32.4% |
| 2014 | 17.8% | +23.9% |
| 2015 | 24.2% | +36.3% |
| 2016 | 21.9% | -9.6% |
| 2017 | 26.8% | +22.4% |
| 2018 | 22.9% | -14.6% |
| 2019 | 18.7% | -18.1% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 18.7% is above the median for high income countries, which is 13.2%, 1.4× the median. (55 countries reporting)
- Trinidad and Tobago's 18.7% is above the median for Latin America & Caribbean, which is 15.4%, 1.2× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.5% | 17.2% | 20.8% | 4 |
| 1980s | 16.6% | 16.5% | 16.8% | 2 |
| 2000s | 11.8% | 8.7% | 15.7% | 9 |
| 2010s | 18.3% | 10.6% | 26.8% | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Arms imports 32.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 23.4 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -34.78 % change on previous year (2016)
- Arms imports (SIPRI trend indicator values), gaps filled 32.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 171.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 234.54 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,238 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is grants and other revenue in Trinidad and Tobago?
- Grants and other revenue in Trinidad and Tobago was 18.7% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Trinidad and Tobago?
- The highest recorded value was 26.8% in 2017.
- What is the lowest grants and other revenue recorded in Trinidad and Tobago?
- The lowest recorded value was 8.7% in 2008.
- How does Trinidad and Tobago rank for grants and other revenue?
- Trinidad and Tobago ranks 78th out of 154 countries with data for 2019.
- Is grants and other revenue rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Grants and other revenue (% of revenue). Statizoid updates them automatically from the source API.
Download this data
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. 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.