Share of products from least-developed countries that have no tariff in Trinidad and Tobago
Trinidad and Tobago: Share of products from least-developed countries that have no tariff was 92.2% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Trinidad and Tobago, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of products from least-developed countries that have no tariff in Trinidad and Tobago stood at 92.2%.
That represents a change of up 0.3% on the previous year and up 9.9% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Trinidad and Tobago peaked at 93.2% in 2020 and was at its lowest, 83.8%, in 2015.
That places Trinidad and Tobago 3rd out of 230 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 87.8% | — |
| 2010 | 90.0% | +2.5% |
| 2015 | 83.8% | -6.8% |
| 2016 | 91.5% | +9.2% |
| 2017 | 86.5% | -5.5% |
| 2018 | 87.4% | +1.1% |
| 2019 | 90.7% | +3.7% |
| 2020 | 93.2% | +2.7% |
| 2021 | 91.5% | -1.7% |
| 2022 | 91.7% | +0.2% |
| 2023 | 91.9% | +0.2% |
| 2024 | 92.2% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.8% | 87.8% | 87.8% | 1 |
| 2010s | 88.3% | 83.8% | 91.5% | 6 |
| 2020s | 92.1% | 91.5% | 93.2% | 5 |
Countries ranked near Trinidad and Tobago
- 1 Saint Lucia 94.3% compare
- 2 Botswana 93.9% compare
- 4 Liechtenstein 91.5% compare
- 5 Saint Vincent and the Grenadines 91.1% compare
- 6 Guyana 89.7% 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)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2811 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 5,267 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 2.37 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 44,334 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 0.429 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5918 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is share of products from least-developed countries that have no tariff in Trinidad and Tobago?
- Share of products from least-developed countries that have no tariff in Trinidad and Tobago was 92.2% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Trinidad and Tobago?
- The highest recorded value was 93.2% in 2020.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Trinidad and Tobago?
- The lowest recorded value was 83.8% in 2015.
- How does Trinidad and Tobago rank for share of products from least-developed countries that have no tariff?
- Trinidad and Tobago ranks 3rd out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).