Tax revenue as share of GDP vs. income inequality in Trinidad and Tobago
Trinidad and Tobago: Tax revenue as share of GDP vs. income inequality was 19.9% in 2023. ▼ Falling
Tax revenue as share of GDP vs. income inequality in Trinidad and Tobago, 1990–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Trinidad and Tobago recorded 19.9% for tax revenue as share of gdp vs. income inequality in 2023.
The figure is up 5.6% on the previous year and up 13.6% over ten years.
Over the whole period, tax revenue as share of gdp vs. income inequality in Trinidad and Tobago peaked at 26.1% in 2005 and was at its lowest, 14.9%, in 1990.
Trinidad and Tobago ranks 93rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Tax revenue as share of GDP vs. income inequality in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 14.9% | — |
| 1991 | 16.2% | +8.8% |
| 1992 | 18.0% | +10.8% |
| 1993 | 23.2% | +29.0% |
| 1994 | 20.9% | -9.6% |
| 1995 | 22.1% | +5.6% |
| 1996 | 24.6% | +11.1% |
| 1997 | 22.3% | -9.1% |
| 1998 | 21.7% | -2.9% |
| 1999 | 19.8% | -8.9% |
| 2000 | 20.6% | +4.2% |
| 2001 | 22.0% | +6.9% |
| 2002 | 20.2% | -8.2% |
| 2003 | 21.1% | +4.3% |
| 2004 | 21.6% | +2.3% |
| 2005 | 26.1% | +21.2% |
| 2018 | 17.5% | -33.2% |
| 2019 | 18.4% | +5.5% |
| 2020 | 16.9% | -8.5% |
| 2021 | 16.4% | -2.8% |
| 2022 | 18.8% | +14.7% |
| 2023 | 19.9% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.4% | 14.9% | 24.6% | 10 |
| 2000s | 21.9% | 20.2% | 26.1% | 6 |
| 2010s | 18.0% | 17.5% | 18.4% | 2 |
| 2020s | 18.0% | 16.4% | 19.9% | 4 |
Countries ranked near Trinidad and Tobago
- 90 Naoero 20.3% compare
- 91 Venezuela, Bolivarian Republic of 20.2% compare
- 92 United Arab Emirates 20.0% compare
- 94 Tajikistan 19.7% compare
- 95 Eritrea 19.5% compare
- 96 Senegal 19.4% compare
More poverty & inequality data for Trinidad and Tobago
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.53 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 1,600 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -2.38 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 19.85 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate 5.56 % change on previous year (2023)
Frequently asked questions
- What is tax revenue as share of gdp vs. income inequality in Trinidad and Tobago?
- Tax revenue as share of gdp vs. income inequality in Trinidad and Tobago was 19.9% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp vs. income inequality recorded in Trinidad and Tobago?
- The highest recorded value was 26.1% in 2005.
- What is the lowest tax revenue as share of gdp vs. income inequality recorded in Trinidad and Tobago?
- The lowest recorded value was 14.9% in 1990.
- How does Trinidad and Tobago rank for tax revenue as share of gdp vs. income inequality?
- Trinidad and Tobago ranks 93rd out of 187 countries with data for 2023.
- Is tax revenue as share of gdp vs. income inequality rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP vs. income inequality. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.