Taxes on international trade (current LCU) in Trinidad and Tobago stood at 2.301 billion in 2019, according to World Bank. The latest value is down 16% from 2.733 billion in 2018. Ten years earlier, in 2009, the value was 1.829 billion (up 26% since). The highest value since 2001 was 3.016 billion in 2017, the lowest 812.5 million in 2001. Trinidad and Tobago ranked 80th highest of the 114 countries in this dataset in 2019; South Korea ranked first.
Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash
Taxes on international trade (current LCU) captures Trinidad and Tobago's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Trinidad and Tobago, Taxes on international trade (current LCU) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Trinidad and Tobago's industries that rely on imported components or foreign markets for their products.
Taxes on international trade (current LCU) in Trinidad and Tobago stood at 2.301 billion in 2019, according to World Bank.
The latest value is down 16% from 2.733 billion in 2018. Ten years earlier, in 2009, the value was 1.829 billion (up 26% since).
Trinidad and Tobago ranked 80th highest of the 114 countries in this dataset in 2019; South Korea ranked first.
The highest value since 2001 was 3.016 billion in 2017, the lowest 812.5 million in 2001.
| Indicator | Taxes on international trade (current LCU) |
|---|---|
| Country | Trinidad and Tobago |
| Category | Macroeconomics |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Taxes on international trade (current LCU) — Trinidad and Tobago [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-intt-cn/TTO. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN
World Bank. "Taxes on international trade (current LCU) — Trinidad and Tobago." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-intt-cn/TTO. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.
World Bank. 2026. "Taxes on international trade (current LCU) — Trinidad and Tobago." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-intt-cn/TTO. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.
@misc{econdash_wdi_gc_tax_intt_cn_tto,
author = {{World Bank}},
title = {{Taxes on international trade (current LCU) --- Trinidad and Tobago}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-gc-tax-intt-cn/TTO},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN}
}Browse indicators available for Trinidad and Tobago. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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