Trinidad and Tobago vs Venezuela, Bolivarian Republic of: Tax revenue as share of GDP vs. income inequality

Trinidad and Tobago
19.9%
in 2023
Venezuela, Bolivarian Republic of
20.2%
in 2015
Trinidad and Tobago rank
93rd
Venezuela, Bolivarian Republic of rank
91st

Tax revenue as share of GDP vs. income inequality over time

  • Trinidad and Tobago
  • Venezuela, Bolivarian Republic of
0102030198020012023

How they compare

Venezuela, Bolivarian Republic of currently reports 20.2% against 19.9% in Trinidad and Tobago, a difference of 0.3%.

The two have swapped places 1 time across 16 shared years of data; in 1990 it was Venezuela, Bolivarian Republic of ahead.

Trinidad and Tobago ranks 93rd and Venezuela, Bolivarian Republic of ranks 91st of 187 countries.

Trinidad and Tobago has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Trinidad and Tobago Venezuela, Bolivarian Republic of Difference Ahead
1990s 20.4% 14.2% 6.2% Trinidad and Tobago
2000s 21.9% 12.4% 9.6% Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp vs. income inequality, Trinidad and Tobago or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 20.2% against 19.9% in Trinidad and Tobago as of 2015.
What is the difference in tax revenue as share of gdp vs. income inequality between Trinidad and Tobago and Venezuela, Bolivarian Republic of?
0.3%, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Trinidad and Tobago and Venezuela, Bolivarian Republic of?
16 years are reported by both, from 1990 to 2005.
How do Trinidad and Tobago and Venezuela, Bolivarian Republic of rank globally for tax revenue as share of gdp vs. income inequality?
Trinidad and Tobago ranks 93rd and Venezuela, Bolivarian Republic of ranks 91st of 187 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Tax revenue as share of GDP vs. income inequality. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Trinidad and Tobago vs Venezuela, Bolivarian Republic of: Tax revenue as share of GDP vs. income inequality. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 16 September 2026, from https://poverty.statizoid.com/compare/tax-revenues-vs-income-inequality/trinidad-and-tobago/venezuela-rb/

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About this data

Indicator
Tax revenue as share of GDP vs. income inequality
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed

Taxes include direct and indirect taxes as well as social contributions. The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.