Which has higher tax revenue as share of gdp, Trinidad and Tobago or Venezuela, Bolivarian Republic of?

Trinidad and Tobago, at 22.2% against 20.2% in Venezuela, Bolivarian Republic of as of 2017.

What is the difference in tax revenue as share of gdp between Trinidad and Tobago and Venezuela, Bolivarian Republic of?

2.0%, with Trinidad and Tobago ahead.

How many years of comparable data are there for Trinidad and Tobago and Venezuela, Bolivarian Republic of?

26 years are reported by both, from 1990 to 2015.

Where does this data come from?

OECD (2018) – processed by Our World in Data, published as Tax revenue as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

Trinidad and Tobago

22.2%

in 2017

Venezuela, Bolivarian Republic of

20.2%

in 2015

Trinidad and Tobago rank

48th

Venezuela, Bolivarian Republic of rank

51st

Tax revenue as share of GDP over time

Trinidad and Tobago
Venezuela, Bolivarian Republic of

How they compare

Trinidad and Tobago currently reports 22.2% against 20.2% in Venezuela, Bolivarian Republic of, a difference of 2.0%.

That makes Trinidad and Tobago's figure about 1.1 times Venezuela, Bolivarian Republic of's.

Across all 26 years both countries report, Trinidad and Tobago has been ahead every year.

Trinidad and Tobago ranks 48th and Venezuela, Bolivarian Republic of ranks 51st of 77 countries.

Trinidad and Tobago has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade	Trinidad and Tobago	Venezuela, Bolivarian Republic of	Difference	Ahead
1990s	23.3%	14.9%	8.4%	Trinidad and Tobago
2000s	26.1%	14.0%	12.1%	Trinidad and Tobago
2010s	28.8%	15.3%	13.5%	Trinidad and Tobago

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp, Trinidad and Tobago or Venezuela, Bolivarian Republic of?: Trinidad and Tobago, at 22.2% against 20.2% in Venezuela, Bolivarian Republic of as of 2017.
What is the difference in tax revenue as share of gdp between Trinidad and Tobago and Venezuela, Bolivarian Republic of?: 2.0%, with Trinidad and Tobago ahead.
How many years of comparable data are there for Trinidad and Tobago and Venezuela, Bolivarian Republic of?: 26 years are reported by both, from 1990 to 2015.
How do Trinidad and Tobago and Venezuela, Bolivarian Republic of rank globally for tax revenue as share of gdp?: Trinidad and Tobago ranks 48th and Venezuela, Bolivarian Republic of ranks 51st of 77 countries.
Where does this data come from?: OECD (2018) – processed by Our World in Data, published as Tax revenue as share of GDP. 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. Statizoid, drawing on OECD (2018) – processed by Our World in Data. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/tax-revenue-share-gdp-oecd-grsd/trinidad-and-tobago/venezuela-rb/

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About this data

Indicator: Tax revenue as share of GDP
Unit: %
Source: OECD (2018) – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 77 places, 1,982 data points, 1990–2017
Last refreshed: 28 August 2026

The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.