Trinidad and Tobago vs Venezuela: Tax revenue as share of GDP
Trinidad and Tobago
19.9%
in 2023
Venezuela
20.2%
in 2015
Trinidad and Tobago rank
93rd
Venezuela rank
91st
Tax revenue as share of GDP over time
- Trinidad and Tobago
- Venezuela
How they compare
Venezuela currently reports 20.2% against 19.9% in Trinidad and Tobago, a difference of 0.3%.
The two have swapped places 1 time across 26 shared years of data; in 1990 it was Venezuela ahead.
Trinidad and Tobago ranks 93rd and Venezuela ranks 91st of 192 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 | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.4% | 14.2% | 6.2% | Trinidad and Tobago |
| 2000s | 24.4% | 13.2% | 11.2% | Trinidad and Tobago |
| 2010s | 25.0% | 14.8% | 10.3% | 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?
- Venezuela, at 20.2% against 19.9% in Trinidad and Tobago as of 2015.
- What is the difference in tax revenue as share of gdp between Trinidad and Tobago and Venezuela?
- 0.3%, with Venezuela ahead.
- How many years of comparable data are there for Trinidad and Tobago and Venezuela?
- 26 years are reported by both, from 1990 to 2015.
- How do Trinidad and Tobago and Venezuela rank globally for tax revenue as share of gdp?
- Trinidad and Tobago ranks 93rd and Venezuela ranks 91st of 192 countries.
- Where does this data come from?
- UNU-WIDER Government Revenue Dataset (2025) β with major processing 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.
Individual pages
About this data
Direct and indirect taxes as well as social contributions included.