Grenada vs Trinidad and Tobago: Taxes less subsidies on products (constant LCU), per unit of GDP

Grenada
0.3271 constant LCU per US$ of GDP
in 2025
Trinidad and Tobago
0.341 constant LCU per US$ of GDP
in 2024
Grenada rank
94th
Trinidad and Tobago rank
93rd

Taxes less subsidies on products (constant LCU), per unit of GDP over time

  • Grenada
  • Trinidad and Tobago
00.250.50.7511.2197720012025

How they compare

Trinidad and Tobago currently reports 0.341 constant LCU per US$ of GDP against 0.3271 constant LCU per US$ of GDP in Grenada, a difference of 0.0139 constant LCU per US$ of GDP.

The two have swapped places 6 times across 41 shared years of data; in 1984 it was Trinidad and Tobago ahead.

Grenada ranks 94th and Trinidad and Tobago ranks 93rd of 189 countries.

Across the 5 decades both report, Grenada averaged higher in 3 and Trinidad and Tobago in 2.

Head to head by decade

Decade Grenada Trinidad and Tobago Difference Ahead
1980s 0.6902 constant LCU per US$ of GDP 0.9442 constant LCU per US$ of GDP 0.254 constant LCU per US$ of GDP Trinidad and Tobago
1990s 0.495 constant LCU per US$ of GDP 0.8745 constant LCU per US$ of GDP 0.3795 constant LCU per US$ of GDP Trinidad and Tobago
2000s 0.3727 constant LCU per US$ of GDP 0.2904 constant LCU per US$ of GDP 0.0824 constant LCU per US$ of GDP Grenada
2010s 0.327 constant LCU per US$ of GDP 0.254 constant LCU per US$ of GDP 0.073 constant LCU per US$ of GDP Grenada
2020s 0.3276 constant LCU per US$ of GDP 0.2674 constant LCU per US$ of GDP 0.0602 constant LCU per US$ of GDP Grenada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, Grenada or Trinidad and Tobago?
Trinidad and Tobago, at 0.341 constant LCU per US$ of GDP against 0.3271 constant LCU per US$ of GDP in Grenada as of 2024.
What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Grenada and Trinidad and Tobago?
0.0139 constant LCU per US$ of GDP, with Trinidad and Tobago ahead.
How many years of comparable data are there for Grenada and Trinidad and Tobago?
41 years are reported by both, from 1984 to 2024.
How do Grenada and Trinidad and Tobago rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
Grenada ranks 94th and Trinidad and Tobago ranks 93rd of 189 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Grenada vs Trinidad and Tobago: Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/grenada/trinidad-and-tobago/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.