Madagascar vs Trinidad and Tobago: Taxes less subsidies on products

Madagascar
1.48 billion current US$
in 2025
Trinidad and Tobago
1.38 billion current US$
in 2024
Madagascar rank
118th
Trinidad and Tobago rank
120th

Taxes less subsidies on products over time

  • Madagascar
  • Trinidad and Tobago
0500.0M1.0B1.5B196019922025

How they compare

Madagascar currently reports 1.48 billion current US$ against 1.38 billion current US$ in Trinidad and Tobago, a difference of 100.69 million current US$.

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

The two have swapped places 7 times across 41 shared years of data; in 1960 it was Madagascar ahead.

Madagascar ranks 118th and Trinidad and Tobago ranks 120th of 199 countries.

Across the 6 decades both report, Madagascar averaged higher in 3 and Trinidad and Tobago in 3.

Head to head by decade

Decade Madagascar Trinidad and Tobago Difference Ahead
1960s 64.55 million current US$ 0 current US$ 64.55 million current US$ Madagascar
1970s 288.33 million current US$ 0 current US$ 288.33 million current US$ Madagascar
1990s 241.57 million current US$ 274.45 million current US$ 32.88 million current US$ Trinidad and Tobago
2000s 422.40 million current US$ 570.85 million current US$ 148.46 million current US$ Trinidad and Tobago
2010s 798.81 million current US$ 958.81 million current US$ 160.00 million current US$ Trinidad and Tobago
2020s 1.20 billion current US$ 1.10 billion current US$ 104.19 million current US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Madagascar or Trinidad and Tobago?
Madagascar, at 1.48 billion current US$ against 1.38 billion current US$ in Trinidad and Tobago as of 2025.
What is the difference in taxes less subsidies on products between Madagascar and Trinidad and Tobago?
100.69 million current US$, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Trinidad and Tobago?
41 years are reported by both, from 1960 to 2024.
How do Madagascar and Trinidad and Tobago rank globally for taxes less subsidies on products?
Madagascar ranks 118th and Trinidad and Tobago ranks 120th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Trinidad and Tobago: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/madagascar/trinidad-and-tobago/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,453 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.