Revenue, excluding grants in Trinidad and Tobago
Trinidad and Tobago: Revenue, excluding grants was 24.3% in 2019. ▼ Falling
Revenue, excluding grants in Trinidad and Tobago, 1976–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Trinidad and Tobago recorded 24.3% for revenue, excluding grants in 2019. That is the lowest value across all 25 years on record.
The figure is down 17.9% on the previous year and down 29.2% over ten years.
Over the whole period, revenue, excluding grants in Trinidad and Tobago peaked at 43.2% in 1980 and was at its lowest, 24.3%, in 2019.
Trinidad and Tobago ranks 85th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Revenue, excluding grants in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 38.4% | — |
| 1977 | 40.3% | +4.9% |
| 1978 | 36.9% | -8.6% |
| 1979 | 37.3% | +1.1% |
| 1980 | 43.2% | +15.8% |
| 1981 | 42.9% | -0.6% |
| 2001 | 27.1% | -36.8% |
| 2002 | 26.0% | -4.1% |
| 2003 | 25.6% | -1.5% |
| 2004 | 26.2% | +2.1% |
| 2005 | 30.7% | +17.2% |
| 2006 | 34.8% | +13.4% |
| 2007 | 30.4% | -12.4% |
| 2008 | 33.7% | +10.6% |
| 2009 | 34.3% | +1.9% |
| 2010 | 32.9% | -4.0% |
| 2011 | 28.7% | -12.9% |
| 2012 | 29.9% | +4.2% |
| 2013 | 30.5% | +1.8% |
| 2014 | 32.8% | +7.8% |
| 2015 | 35.9% | +9.3% |
| 2016 | 31.2% | -12.9% |
| 2017 | 28.7% | -8.0% |
| 2018 | 29.6% | +2.9% |
| 2019 | 24.3% | -17.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 24.3% is below the median for high income countries, which is 33.0%, 74% of the median. (57 countries reporting)
- Trinidad and Tobago's 24.3% is above the median for Latin America & Caribbean, which is 23.3%, 1.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.2% | 36.9% | 40.3% | 4 |
| 1980s | 43.0% | 42.9% | 43.2% | 2 |
| 2000s | 29.9% | 25.6% | 34.8% | 9 |
| 2010s | 30.4% | 24.3% | 35.9% | 10 |
Countries ranked near Trinidad and Tobago
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is revenue, excluding grants in Trinidad and Tobago?
- Revenue, excluding grants in Trinidad and Tobago was 24.3% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Trinidad and Tobago?
- The highest recorded value was 43.2% in 1980.
- What is the lowest revenue, excluding grants recorded in Trinidad and Tobago?
- The lowest recorded value was 24.3% in 2019.
- How does Trinidad and Tobago rank for revenue, excluding grants?
- Trinidad and Tobago ranks 85th out of 157 countries with data for 2019.
- Is revenue, excluding grants rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 29.2%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.