Social contributions (% of revenue) in Trinidad and Tobago
Trinidad and Tobago: Social contributions (% of revenue) was 12.2% in 2019. ◆ Volatile
Social contributions 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, social contributions in Trinidad and Tobago stood at 12.2%. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 23.5% on the previous year and up 94.8% over ten years.
Over the whole period, social contributions in Trinidad and Tobago peaked at 12.2% in 2019 and was at its lowest, 1.0%, in 1980.
Trinidad and Tobago ranks 62nd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (% of revenue) in Trinidad and Tobago, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1976 | 2.2% | — |
| 1977 | 2.0% | -11.8% |
| 1978 | 2.0% | +3.2% |
| 1979 | 1.6% | -22.5% |
| 1980 | 1.0% | -37.8% |
| 1981 | 2.0% | +108.4% |
| 2001 | 5.3% | +160.9% |
| 2002 | 5.7% | +7.6% |
| 2003 | 5.0% | -12.7% |
| 2004 | 4.7% | -6.2% |
| 2005 | 4.0% | -13.4% |
| 2006 | 3.6% | -11.7% |
| 2007 | 4.0% | +12.2% |
| 2008 | 3.7% | -6.5% |
| 2009 | 6.3% | +67.6% |
| 2010 | 5.8% | -7.4% |
| 2012 | 5.7% | -1.7% |
| 2013 | 6.1% | +7.2% |
| 2014 | 6.2% | +0.5% |
| 2015 | 7.0% | +13.8% |
| 2016 | 9.6% | +37.7% |
| 2017 | 9.4% | -2.1% |
| 2018 | 9.9% | +4.9% |
| 2019 | 12.2% | +23.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 12.2% is below the median for high income countries, which is 28.1%, 43% of the median. (49 countries reporting)
- Trinidad and Tobago's 12.2% is above the median for Latin America & Caribbean, which is 11.0%, 1.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Social contributions (% of revenue) 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 |
|---|---|---|---|
| 2001 | +160.9% | 2.0% | 5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.9% | 1.6% | 2.2% | 4 |
| 1980s | 1.5% | 1.0% | 2.0% | 2 |
| 2000s | 4.7% | 3.6% | 6.3% | 9 |
| 2010s | 8.0% | 5.7% | 12.2% | 9 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
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- 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)
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- Arms imports (SIPRI trend indicator values), per capita 23.4 SIPRI trend indicator values per person (2021)
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Frequently asked questions
- What is social contributions in Trinidad and Tobago?
- Social contributions in Trinidad and Tobago was 12.2% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Trinidad and Tobago?
- The highest recorded value was 12.2% in 2019.
- What is the lowest social contributions recorded in Trinidad and Tobago?
- The lowest recorded value was 1.0% in 1980.
- How does Trinidad and Tobago rank for social contributions?
- Trinidad and Tobago ranks 62nd out of 112 countries with data for 2019.
- Is social contributions rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 94.8%. The long-run trend across the full record is volatile.
- 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.