Environmentally related tax revenue in Trinidad and Tobago
Trinidad and Tobago: Environmentally related tax revenue was 0.1243 Percentage of GDP in 2024. ▼ Falling
Environmentally related tax revenue in Trinidad and Tobago, 1994–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for environmentally related tax revenue in Trinidad and Tobago is 0.1243 Percentage of GDP, measured in 2024. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 26.3% on the previous year and down 64.6% over ten years.
Over the whole period, environmentally related tax revenue in Trinidad and Tobago peaked at 0.6927 Percentage of GDP in 1999 and was at its lowest, 0.1243 Percentage of GDP, in 2024.
That places Trinidad and Tobago 106th out of 123 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Environmentally related tax revenue in Trinidad and Tobago, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1994 | 0.3875 Percentage of GDP | — |
| 1995 | 0.4114 Percentage of GDP | +6.1% |
| 1996 | 0.5005 Percentage of GDP | +21.7% |
| 1997 | 0.5614 Percentage of GDP | +12.2% |
| 1998 | 0.574 Percentage of GDP | +2.2% |
| 1999 | 0.6927 Percentage of GDP | +20.7% |
| 2000 | 0.466 Percentage of GDP | -32.7% |
| 2001 | 0.3934 Percentage of GDP | -15.6% |
| 2002 | 0.377 Percentage of GDP | -4.2% |
| 2003 | 0.2979 Percentage of GDP | -21.0% |
| 2004 | 0.2428 Percentage of GDP | -18.5% |
| 2005 | 0.2154 Percentage of GDP | -11.3% |
| 2006 | 0.2146 Percentage of GDP | -0.4% |
| 2007 | 0.2471 Percentage of GDP | +15.1% |
| 2008 | 0.2659 Percentage of GDP | +7.6% |
| 2009 | 0.3473 Percentage of GDP | +30.6% |
| 2010 | 0.3401 Percentage of GDP | -2.1% |
| 2011 | 0.3249 Percentage of GDP | -4.5% |
| 2012 | 0.3569 Percentage of GDP | +9.9% |
| 2013 | 0.3555 Percentage of GDP | -0.4% |
| 2014 | 0.3509 Percentage of GDP | -1.3% |
| 2015 | 0.3875 Percentage of GDP | +10.4% |
| 2016 | 0.4448 Percentage of GDP | +14.8% |
| 2017 | 0.3197 Percentage of GDP | -28.1% |
| 2018 | 0.267 Percentage of GDP | -16.5% |
| 2019 | 0.1972 Percentage of GDP | -26.2% |
| 2020 | 0.1603 Percentage of GDP | -18.7% |
| 2021 | 0.1541 Percentage of GDP | -3.9% |
| 2022 | 0.1333 Percentage of GDP | -13.5% |
| 2023 | 0.1687 Percentage of GDP | +26.5% |
| 2024 | 0.1243 Percentage of GDP | -26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5213 Percentage of GDP | 0.3875 Percentage of GDP | 0.6927 Percentage of GDP | 6 |
| 2000s | 0.3067 Percentage of GDP | 0.2146 Percentage of GDP | 0.466 Percentage of GDP | 10 |
| 2010s | 0.3345 Percentage of GDP | 0.1972 Percentage of GDP | 0.4448 Percentage of GDP | 10 |
| 2020s | 0.1481 Percentage of GDP | 0.1243 Percentage of GDP | 0.1687 Percentage of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 103 Liechtenstein 0.2117 Percentage of GDP compare
- 104 Marshall Islands 0.2083 Percentage of GDP compare
- 105 Côte d’Ivoire 0.1256 Percentage of GDP compare
- 107 Azerbaijan 0.1076 Percentage of GDP compare
- 108 Belize 0.0965 Percentage of GDP compare
- 109 Hong Kong, China 0.0718 Percentage of GDP compare
More economy & growth data for Trinidad and Tobago
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.79 Percent per annum (2029)
- Gross fixed capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
Frequently asked questions
- What is environmentally related tax revenue in Trinidad and Tobago?
- Environmentally related tax revenue in Trinidad and Tobago was 0.1243 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest environmentally related tax revenue recorded in Trinidad and Tobago?
- The highest recorded value was 0.6927 Percentage of GDP in 1999.
- What is the lowest environmentally related tax revenue recorded in Trinidad and Tobago?
- The lowest recorded value was 0.1243 Percentage of GDP in 2024.
- How does Trinidad and Tobago rank for environmentally related tax revenue?
- Trinidad and Tobago ranks 106th out of 123 countries with data for 2024.
- Is environmentally related tax revenue rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 64.6%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Environmentally related tax revenue. Statizoid updates them automatically from the source API.
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About this data
<!DOCTYPE html> ERTR Database body { font-family: Arial, sans-serif; font-size: 11px; } p { font-family: Arial, sans-serif; font-size: 11px; } Environmentally related taxes are effective policy instruments to shape relative prices of goods and services. The Environmental Related Tax Revenue Database (ERTR) categorises taxes based on their environmental relevance, constructing environmentally related tax revenue with a breakdown by tax-base category (including energy, transport, pollution, and resources) and 22 environmental domains. Note that tax-base categories are mutually exclusive, while domains are not. Therefore, one should not aggregate revenue across domains as it may lead to double counting. Data source(s): ERTR draws from the OECD Policy Instruments for the Environment (PINE) database. The database contains detailed qualitative and quantitative information on environmentally related taxes and fees, tradable permits and offsets, deposit-refund schemes, environmentally beneficial subsidies and payments and voluntary approaches used for environmental policy. It is updated annually and covers OECD member countries, accession countries and selected non-OECD countries. The data has been cross-validated and complemented with Revenue statistics from the Global Revenue Statistics databases, Eurostat National Tax Lists, and official national sources. Contact: pinedatabase@oecd.org Dataset release date: July 2026 For further details on the dataset consult the dataset documentation and oe.cd/pine. For revenue data at the individual-tax level, please consult https://oe.cd/pinedatabase.