Revenue from corporate income taxes as a share of GDP in Trinidad and Tobago
Trinidad and Tobago: Revenue from corporate income taxes as a share of GDP was 6.7% in 2000. ▼ Falling
Latest (2000)
6.7%
Change on year
up 90.2%
World rank
6th
of 163 countries
All-time high
8.0%
in 1996
All-time low
3.2%
in 1998
Years of data
8
1993–2000
Revenue from corporate income taxes as a share of GDP in Trinidad and Tobago, 1993–2000
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Trinidad and Tobago is 6.7%, measured in 2000.
Compared with earlier readings it is up 90.2% on the previous year and up 36.3% over ten years.
That places Trinidad and Tobago 6th out of 163 countries with data for 2000, putting it in the top 10%.
Revenue from corporate income taxes as a share of GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 4.9% | — |
| 1994 | 5.4% | +9.6% |
| 1995 | 6.9% | +27.8% |
| 1996 | 8.0% | +16.0% |
| 1997 | 5.5% | -31.0% |
| 1998 | 3.2% | -41.1% |
| 1999 | 3.5% | +8.6% |
| 2000 | 6.7% | +90.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 6.7% is above the median for high income countries, which is 2.8%, 2.4× the median. (57 countries reporting)
- Trinidad and Tobago's 6.7% is above the median for Latin America & Caribbean, which is 2.7%, 2.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 3.2% | 8.0% | 7 |
| 2000s | 6.7% | 6.7% | 6.7% | 1 |
Countries ranked near Trinidad and Tobago
- 3 Kazakhstan 8.3%
- 4 Micronesia, Federated States of 7.2% compare
- 5 Equatorial Guinea 6.9%
- 7 Malta 6.5% compare
- 8 Turkmenistan 6.3% compare
- 9 Syrian Arab Republic 6.2%
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 from corporate income taxes as a share of gdp in Trinidad and Tobago?
- Revenue from corporate income taxes as a share of gdp in Trinidad and Tobago was 6.7% in 2000, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 8.0% in 1996.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 3.2% in 1998.
- How does Trinidad and Tobago rank for revenue from corporate income taxes as a share of gdp?
- Trinidad and Tobago ranks 6th out of 163 countries with data for 2000.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.