Trinidad and Tobago—Government Revenue (% of GDP)
Latest Value
24.3%
2019
YoY Change
-17.9%
2018 → 2019
Maximum
35.9%
2015
Minimum
24.3%
2019
CAGR
-0.6%
19 years
Last
24.3%
Previous
29.6%
Highest
35.9%
Lowest
24.3%
Source
World Bank World Development Indicators
Trinidad and Tobago's government revenue (% of gdp) was 24.3% in 2019. This represents a -17.9% change from 2018. Over the past 19 years, the highest recorded value was 35.9% (2015) and the lowest was 24.3% (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 24.3% | -17.9% |
| 2018 | 29.6% | +2.9% |
| 2017 | 28.7% | -8.0% |
| 2016 | 31.2% | -12.9% |
| 2015 | 35.9% | +9.3% |
| 2014 | 32.8% | +7.8% |
| 2013 | 30.5% | +1.8% |
| 2012 | 29.9% | +4.2% |
| 2011 | 28.7% | -12.9% |
| 2010 | 32.9% | -4.0% |
| 2009 | 34.3% | +1.9% |
| 2008 | 33.7% | +10.6% |
| 2007 | 30.4% | -12.4% |
| 2006 | 34.8% | +13.4% |
| 2005 | 30.7% | +17.2% |
| 2004 | 26.2% | +2.1% |
| 2003 | 25.6% | -1.5% |
| 2002 | 26.0% | -4.1% |
| 2001 | 27.1% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).