Paraguay vs Trinidad and Tobago: Share of central government spending funded by taxes
Paraguay
47.7%
in 2023
Trinidad and Tobago
48.0%
in 2019
Paraguay rank
134th
Trinidad and Tobago rank
132nd
Share of central government spending funded by taxes over time
- Paraguay
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 48.0% against 47.7% in Paraguay, a difference of 0.3%.
The two have swapped places 3 times across 19 shared years of data; in 2001 it was Trinidad and Tobago ahead.
Paraguay ranks 134th and Trinidad and Tobago ranks 132nd of 174 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Paraguay | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 59.8% | 88.4% | 28.5% | Trinidad and Tobago |
| 2010s | 56.3% | 67.1% | 10.8% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of central government spending funded by taxes, Paraguay or Trinidad and Tobago?
- Trinidad and Tobago, at 48.0% against 47.7% in Paraguay as of 2019.
- What is the difference in share of central government spending funded by taxes between Paraguay and Trinidad and Tobago?
- 0.3%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Paraguay and Trinidad and Tobago?
- 19 years are reported by both, from 2001 to 2019.
- How do Paraguay and Trinidad and Tobago rank globally for share of central government spending funded by taxes?
- Paraguay ranks 134th and Trinidad and Tobago ranks 132nd of 174 countries.
- Where does this data come from?
- International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.