Other taxes (current LCU) in Trinidad and Tobago
Trinidad and Tobago: Other taxes (current LCU) was 6.21 billion current LCU in 2019. ▲ Rising
Other taxes in Trinidad and Tobago, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Trinidad and Tobago recorded 6.21 billion current LCU for other taxes in 2019.
The figure is down 10.8% on the previous year and up 37.1% over ten years.
Over the whole period, other taxes in Trinidad and Tobago peaked at 7.85 billion current LCU in 2015 and was at its lowest, 2.56 billion current LCU, in 2001.
That places Trinidad and Tobago 61st out of 149 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Other taxes (current LCU) in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 2.56 billion current LCU | — |
| 2002 | 2.91 billion current LCU | +13.5% |
| 2003 | 3.06 billion current LCU | +5.2% |
| 2004 | 3.43 billion current LCU | +12.1% |
| 2005 | 4.56 billion current LCU | +32.9% |
| 2006 | 3.61 billion current LCU | -20.7% |
| 2007 | 3.62 billion current LCU | +0.3% |
| 2008 | 4.73 billion current LCU | +30.4% |
| 2009 | 4.53 billion current LCU | -4.2% |
| 2010 | 4.66 billion current LCU | +2.9% |
| 2011 | 2.65 billion current LCU | -43.1% |
| 2012 | 5.65 billion current LCU | +113.0% |
| 2013 | 6.46 billion current LCU | +14.2% |
| 2014 | 6.91 billion current LCU | +7.0% |
| 2015 | 7.85 billion current LCU | +13.6% |
| 2016 | 7.32 billion current LCU | -6.8% |
| 2017 | 7.52 billion current LCU | +2.7% |
| 2018 | 6.96 billion current LCU | -7.4% |
| 2019 | 6.21 billion current LCU | -10.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 6.21 billion current LCU is above the median for high income countries, which is 1.29 billion current LCU, 4.8× the median. (53 countries reporting)
- Trinidad and Tobago's 6.21 billion current LCU is above the median for Latin America & Caribbean, which is 832.74 million current LCU, 7.5× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Other taxes (current LCU) in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +113.0% | 2.65 billion current LCU | 5.65 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.67 billion current LCU | 2.56 billion current LCU | 4.73 billion current LCU | 9 |
| 2010s | 6.22 billion current LCU | 2.65 billion current LCU | 7.85 billion current LCU | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is other taxes in Trinidad and Tobago?
- Other taxes in Trinidad and Tobago was 6.21 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Trinidad and Tobago?
- The highest recorded value was 7.85 billion current LCU in 2015.
- What is the lowest other taxes recorded in Trinidad and Tobago?
- The lowest recorded value was 2.56 billion current LCU in 2001.
- How does Trinidad and Tobago rank for other taxes?
- Trinidad and Tobago ranks 61st out of 149 countries with data for 2019.
- Is other taxes rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.