Tax revenue (current LCU), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Tax revenue (current LCU), per unit of GDP was 1.13 current LCU per US$ of GDP in 2019. ▲ Rising
Tax revenue (current LCU), per unit of GDP in Trinidad and Tobago, 1976–2019
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Trinidad and Tobago is 1.13 current LCU per US$ of GDP, measured in 2019.
That represents a change of down 15.9% on the previous year and down 33.3% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Trinidad and Tobago peaked at 1.91 current LCU per US$ of GDP in 2006 and was at its lowest, 0.69 current LCU per US$ of GDP, in 1978.
That places Trinidad and Tobago 87th out of 157 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Tax revenue (current LCU), per unit of GDP in Trinidad and Tobago, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.7207 current LCU per US$ of GDP | — |
| 1977 | 0.7829 current LCU per US$ of GDP | +8.6% |
| 1978 | 0.69 current LCU per US$ of GDP | -11.9% |
| 1979 | 0.7004 current LCU per US$ of GDP | +1.5% |
| 1980 | 0.8556 current LCU per US$ of GDP | +22.2% |
| 1981 | 0.8363 current LCU per US$ of GDP | -2.3% |
| 2001 | 1.38 current LCU per US$ of GDP | +64.9% |
| 2002 | 1.28 current LCU per US$ of GDP | -7.3% |
| 2003 | 1.34 current LCU per US$ of GDP | +4.9% |
| 2004 | 1.39 current LCU per US$ of GDP | +3.5% |
| 2005 | 1.66 current LCU per US$ of GDP | +19.8% |
| 2006 | 1.91 current LCU per US$ of GDP | +14.9% |
| 2007 | 1.65 current LCU per US$ of GDP | -13.9% |
| 2008 | 1.85 current LCU per US$ of GDP | +12.7% |
| 2009 | 1.7 current LCU per US$ of GDP | -8.5% |
| 2010 | 1.67 current LCU per US$ of GDP | -1.4% |
| 2011 | 1.64 current LCU per US$ of GDP | -1.8% |
| 2012 | 1.6 current LCU per US$ of GDP | -2.4% |
| 2013 | 1.56 current LCU per US$ of GDP | -2.6% |
| 2014 | 1.6 current LCU per US$ of GDP | +2.6% |
| 2015 | 1.58 current LCU per US$ of GDP | -1.8% |
| 2016 | 1.43 current LCU per US$ of GDP | -9.5% |
| 2017 | 1.25 current LCU per US$ of GDP | -12.6% |
| 2018 | 1.35 current LCU per US$ of GDP | +7.9% |
| 2019 | 1.13 current LCU per US$ of GDP | -15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7235 current LCU per US$ of GDP | 0.69 current LCU per US$ of GDP | 0.7829 current LCU per US$ of GDP | 4 |
| 1980s | 0.8459 current LCU per US$ of GDP | 0.8363 current LCU per US$ of GDP | 0.8556 current LCU per US$ of GDP | 2 |
| 2000s | 1.57 current LCU per US$ of GDP | 1.28 current LCU per US$ of GDP | 1.91 current LCU per US$ of GDP | 9 |
| 2010s | 1.48 current LCU per US$ of GDP | 1.13 current LCU per US$ of GDP | 1.67 current LCU per US$ of GDP | 10 |
Countries ranked near Trinidad and Tobago
- 84 Ghana 1.37 current LCU per US$ of GDP compare
- 85 Bolivia, Plurinational State of 1.33 current LCU per US$ of GDP compare
- 86 Tajikistan 1.16 current LCU per US$ of GDP compare
- 88 Sudan 1.11 current LCU per US$ of GDP compare
- 89 Egypt 0.9289 current LCU per US$ of GDP compare
- 90 Guatemala 0.9023 current LCU per US$ of GDP 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), per unit of gdp in Trinidad and Tobago?
- Tax revenue (current lcu), per unit of gdp in Trinidad and Tobago was 1.13 current LCU per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 1.91 current LCU per US$ of GDP in 2006.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.69 current LCU per US$ of GDP in 1978.
- How does Trinidad and Tobago rank for tax revenue (current lcu), per unit of gdp?
- Trinidad and Tobago ranks 87th out of 157 countries with data for 2019.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.