Facts
- Tax revenue, % of GDP
- 16.8 % (2019)
- Tax revenue level
- 15–20% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 37.8 % (2019)
- Taxes on goods and services, % of value added
- 5.3 % (2019)
- ISO code
- TTO
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2019 | 16.8 % |
| 2018 | 19.9 % |
| 2017 | 18.4 % |
| 2016 | 21.4 % |
| 2015 | 24.7 % |
| 2014 | 25.0 % |
| 2013 | 24.3 % |
| 2012 | 25.0 % |
| 2011 | 25.6 % |
| 2010 | 26.2 % |
| 2009 | 26.8 % |
| 2008 | 29.5 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2019 | 37.8 % |
| 2018 | 42.4 % |
| 2017 | 35.3 % |
| 2016 | 48.6 % |
| 2015 | 53.3 % |
| 2014 | 63.7 % |
| 2013 | 61.2 % |
| 2012 | 63.5 % |
| 2011 | 72.3 % |
| 2010 | 62.2 % |
| 2009 | 60.7 % |
| 2008 | 71.7 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2019 | 5.3 % |
| 2018 | 5.7 % |
| 2017 | 5.7 % |
| 2016 | 4.9 % |
| 2015 | 5.5 % |
| 2014 | 4.1 % |
| 2013 | 4.7 % |
| 2012 | 4.7 % |
| 2011 | 4.1 % |
| 2010 | 5.3 % |
| 2009 | 5.3 % |
| 2008 | 4.4 % |
Year by year · 19
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Trinidad and Tobago 2019 | — | — | 16.8 % |
| Trinidad and Tobago 2018 | — | — | 19.9 % |
| Trinidad and Tobago 2017 | — | — | 18.4 % |
| Trinidad and Tobago 2016 | — | — | 21.4 % |
| Trinidad and Tobago 2015 | — | — | 24.7 % |
| Trinidad and Tobago 2014 | — | — | 25.0 % |
| Trinidad and Tobago 2013 | — | — | 24.3 % |
| Trinidad and Tobago 2012 | — | — | 25.0 % |
| Trinidad and Tobago 2011 | — | — | 25.6 % |
| Trinidad and Tobago 2010 | — | — | 26.2 % |
| Trinidad and Tobago 2009 | — | — | 26.8 % |
| Trinidad and Tobago 2008 | — | — | 29.5 % |
| Trinidad and Tobago 2007 | — | — | 26.0 % |
| Trinidad and Tobago 2006 | — | — | 30.3 % |
| Trinidad and Tobago 2005 | — | — | 26.4 % |
| Trinidad and Tobago 2004 | — | — | 22.0 % |
| Trinidad and Tobago 2003 | — | — | 21.3 % |
| Trinidad and Tobago 2002 | — | — | 20.5 % |
| Trinidad and Tobago 2001 | — | — | 22.1 % |