Taxes on goods and services (current LCU), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Taxes on goods and services (current LCU), annual growth rate was -9.09 % change on previous year in 2019. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Trinidad and Tobago, 2002–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Trinidad and Tobago recorded -9.09 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2019.
Compared with earlier readings it is down 830.7% on the previous year and up 45.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Trinidad and Tobago peaked at 27.74 % change on previous year in 2004 and was at its lowest, -17.67 % change on previous year, in 2016.
Trinidad and Tobago ranks 146th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 10.63 % change on previous year | — |
| 2003 | -6.54 % change on previous year | -161.6% |
| 2004 | 27.74 % change on previous year | -523.9% |
| 2005 | 0.0982 % change on previous year | -99.6% |
| 2006 | 16.03 % change on previous year | +16232.9% |
| 2007 | 14.19 % change on previous year | -11.5% |
| 2008 | 26.91 % change on previous year | +89.6% |
| 2009 | -16.69 % change on previous year | -162.0% |
| 2010 | 15.67 % change on previous year | -193.9% |
| 2011 | -9.19 % change on previous year | -158.6% |
| 2012 | 17.36 % change on previous year | -288.9% |
| 2013 | 4.66 % change on previous year | -73.1% |
| 2014 | -10.98 % change on previous year | -335.5% |
| 2015 | 20.58 % change on previous year | -287.4% |
| 2016 | -17.67 % change on previous year | -185.9% |
| 2017 | 18.9 % change on previous year | -207.0% |
| 2018 | 1.24 % change on previous year | -93.4% |
| 2019 | -9.09 % change on previous year | -830.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.05 % change on previous year | -16.69 % change on previous year | 27.74 % change on previous year | 8 |
| 2010s | 3.15 % change on previous year | -17.67 % change on previous year | 20.58 % change on previous year | 10 |
Countries ranked near Trinidad and Tobago
- 143 China -6.55 % change on previous year compare
- 144 Benin -6.61 % change on previous year
- 145 Saint Lucia -8.21 % change on previous year compare
- 147 Bahrain -10.23 % change on previous year compare
- 148 Marshall Islands -11.2 % change on previous year compare
- 149 Cambodia -11.55 % 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 taxes on goods and services (current lcu), annual growth rate in Trinidad and Tobago?
- Taxes on goods and services (current lcu), annual growth rate in Trinidad and Tobago was -9.09 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 27.74 % change on previous year in 2004.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -17.67 % change on previous year in 2016.
- How does Trinidad and Tobago rank for taxes on goods and services (current lcu), annual growth rate?
- Trinidad and Tobago ranks 146th out of 156 countries with data for 2019.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 45.5%. 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 Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services 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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.