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Trinidad and Tobago Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in Trinidad and Tobago stood at 16.76% in 2019, according to World Bank. The latest value is down 3.12 percentage points from 19.88% in 2018. Ten years earlier, in 2009, the value was 26.83% (down 10.07 percentage points since). The latest value is the lowest since 1976; the highest was 35.65% in 1980. Trinidad and Tobago ranked 68th highest of the 138 countries in this dataset in 2019; Denmark ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of Trinidad and Tobago. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Trinidad and Tobago, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in Trinidad and Tobago?

Tax revenue (% of GDP) in Trinidad and Tobago stood at 16.76% in 2019, according to World Bank.

Is Tax revenue (% of GDP) in Trinidad and Tobago rising or falling?

The latest value is down 3.12 percentage points from 19.88% in 2018. Ten years earlier, in 2009, the value was 26.83% (down 10.07 percentage points since).

How does Trinidad and Tobago rank for Tax revenue (% of GDP)?

Trinidad and Tobago ranked 68th highest of the 138 countries in this dataset in 2019; Denmark ranked first.

What is the highest Tax revenue (% of GDP) on record in Trinidad and Tobago?

The latest value is the lowest since 1976; the highest was 35.65% in 1980.

Metadata for Tax revenue (% of GDP) in Trinidad and Tobago
IndicatorTax revenue (% of GDP)
CountryTrinidad and Tobago
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 16.76% (2019)

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Source:World Bank — series GC.TAX.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — Trinidad and Tobago [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/TTO. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — Trinidad and Tobago." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/TTO. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — Trinidad and Tobago." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/TTO. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_tto,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- Trinidad and Tobago}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/TTO},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}