Nicaragua vs Trinidad and Tobago: Revenue Statistics in Latin America and the Caribbean - Comparative

Nicaragua
27.61 Percentage of GDP
in 2024
Trinidad and Tobago
24.59 Percentage of GDP
in 2024
Nicaragua rank
5th
Trinidad and Tobago rank
8th

Revenue Statistics in Latin America and the Caribbean - Comparative over time

  • Nicaragua
  • Trinidad and Tobago
1015202530199020072024

How they compare

Nicaragua currently reports 27.61 Percentage of GDP against 24.59 Percentage of GDP in Trinidad and Tobago, a difference of 3.02 Percentage of GDP.

That makes Nicaragua's figure about 1.1 times Trinidad and Tobago's.

The two have swapped places 3 times across 34 shared years of data; in 1991 it was Trinidad and Tobago ahead.

Nicaragua ranks 5th and Trinidad and Tobago ranks 8th of 29 countries.

Across the 4 decades both report, Nicaragua averaged higher in 1 and Trinidad and Tobago in 3.

Head to head by decade

Decade Nicaragua Trinidad and Tobago Difference Ahead
1990s 12.06 Percentage of GDP 21.91 Percentage of GDP 9.86 Percentage of GDP Trinidad and Tobago
2000s 16.71 Percentage of GDP 25.41 Percentage of GDP 8.71 Percentage of GDP Trinidad and Tobago
2010s 22.15 Percentage of GDP 24.94 Percentage of GDP 2.79 Percentage of GDP Trinidad and Tobago
2020s 27.03 Percentage of GDP 24.13 Percentage of GDP 2.9 Percentage of GDP Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue statistics in latin america and the caribbean - comparative, Nicaragua or Trinidad and Tobago?
Nicaragua, at 27.61 Percentage of GDP against 24.59 Percentage of GDP in Trinidad and Tobago as of 2024.
What is the difference in revenue statistics in latin america and the caribbean - comparative between Nicaragua and Trinidad and Tobago?
3.02 Percentage of GDP, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Trinidad and Tobago?
34 years are reported by both, from 1991 to 2024.
How do Nicaragua and Trinidad and Tobago rank globally for revenue statistics in latin america and the caribbean - comparative?
Nicaragua ranks 5th and Trinidad and Tobago ranks 8th of 29 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Nicaragua vs Trinidad and Tobago: Revenue Statistics in Latin America and the Caribbean - Comparative. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/revenue-statistics-in-latin-america-and-the-caribbean-comparative-tax-revenues/nicaragua/trinidad-and-tobago/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://economy.statizoid.com/compare/revenue-statistics-in-latin-america-and-the-caribbean-comparative-tax-revenues/nicaragua/trinidad-and-tobago/">Nicaragua vs Trinidad and Tobago: Revenue Statistics in Latin America and the Caribbean - Comparative</a> — Statizoid

About this data

Indicator
Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
31 places, 1,024 data points, 1990–2024
Last refreshed

Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.