Tax revenue (current LCU), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Tax revenue (current LCU), annual growth rate was -17.33 % change on previous year in 2019. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Trinidad and Tobago, 1977–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenue (current lcu), annual growth rate in Trinidad and Tobago is -17.33 % change on previous year, measured in 2019.
The figure is down 313.7% on the previous year and up 53.2% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Trinidad and Tobago peaked at 65.52 % change on previous year in 1980 and was at its lowest, -37.05 % change on previous year, in 2009.
That places Trinidad and Tobago 151st out of 156 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 36.36 % change on previous year | — |
| 1978 | 0.0285 % change on previous year | -99.9% |
| 1979 | 31.14 % change on previous year | +109211.8% |
| 1980 | 65.52 % change on previous year | +110.4% |
| 1981 | 9.59 % change on previous year | -85.4% |
| 2002 | -5.37 % change on previous year | -156.0% |
| 2003 | 31.66 % change on previous year | -689.2% |
| 2004 | 21.53 % change on previous year | -32.0% |
| 2005 | 44.15 % change on previous year | +105.0% |
| 2006 | 32.1 % change on previous year | -27.3% |
| 2007 | 1.47 % change on previous year | -95.4% |
| 2008 | 45.19 % change on previous year | +2965.4% |
| 2009 | -37.05 % change on previous year | -182.0% |
| 2010 | 13.95 % change on previous year | -137.6% |
| 2011 | 12.75 % change on previous year | -8.6% |
| 2012 | 4.23 % change on previous year | -66.8% |
| 2013 | 2.46 % change on previous year | -41.8% |
| 2014 | 5.92 % change on previous year | +140.6% |
| 2015 | -10.55 % change on previous year | -278.1% |
| 2016 | -20.3 % change on previous year | +92.4% |
| 2017 | -11.8 % change on previous year | -41.9% |
| 2018 | 8.11 % change on previous year | -168.7% |
| 2019 | -17.33 % change on previous year | -313.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.51 % change on previous year | 0.0285 % change on previous year | 36.36 % change on previous year | 3 |
| 1980s | 37.56 % change on previous year | 9.59 % change on previous year | 65.52 % change on previous year | 2 |
| 2000s | 16.71 % change on previous year | -37.05 % change on previous year | 45.19 % change on previous year | 8 |
| 2010s | -1.26 % change on previous year | -20.3 % change on previous year | 13.95 % change on previous year | 10 |
Countries ranked near Trinidad and Tobago
- 148 Panama -11.87 % change on previous year compare
- 149 Jamaica -12.72 % change on previous year compare
- 150 Bahrain -13.09 % change on previous year compare
- 152 Cape Verde -19.81 % change on previous year compare
- 153 Bhutan -19.9 % change on previous year compare
- 154 Naoero -28.81 % change on previous year compare
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 tax revenue (current lcu), annual growth rate in Trinidad and Tobago?
- Tax revenue (current lcu), annual growth rate in Trinidad and Tobago was -17.33 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 65.52 % change on previous year in 1980.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -37.05 % change on previous year in 2009.
- How does Trinidad and Tobago rank for tax revenue (current lcu), annual growth rate?
- Trinidad and Tobago ranks 151st out of 156 countries with data for 2019.
- Is tax revenue (current lcu), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.