What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Trinidad and Tobago?

The highest recorded value was 0.0566 current US$ per US$ of GDP in 1998.

What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Trinidad and Tobago?

The lowest recorded value was 0 current US$ per US$ of GDP in 1960.

How does Trinidad and Tobago rank for taxes less subsidies on products (current us$), per unit of gdp?

Trinidad and Tobago ranks 142nd out of 197 countries with data for 2024.

Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Trinidad and Tobago?

Over the last ten years it is up 73.4%. The long-run trend across the full record is volatile.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Trinidad and Tobago

Name: Taxes less subsidies on products (current US$), per unit of GDP (unit) in Trinidad and Tobago
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Trinidad and Tobago: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.054 current US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.054 current US$ per US$ of GDP

Change on year

up 24.8%

World rank

142nd

of 197 countries

All-time high

0.0566 current US$ per US$ of GDP

in 1998

All-time low

0 current US$ per US$ of GDP

in 1960

Years of data

1960–2024

Taxes less subsidies on products (current US$), per unit of GDP in Trinidad and Tobago, 1960–2024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Trinidad and Tobago recorded 0.054 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2024.

The figure is up 24.8% on the previous year and up 73.4% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Trinidad and Tobago peaked at 0.0566 current US$ per US$ of GDP in 1998 and was at its lowest, 0 current US$ per US$ of GDP, in 1960.

Trinidad and Tobago ranks 142nd of 197 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Trinidad and Tobago, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Trinidad and Tobago, 1960 to 2024.
Year	current US$ per US$ of GDP	Change
1960	0 current US$ per US$ of GDP	—
1961	0 current US$ per US$ of GDP	—
1962	0 current US$ per US$ of GDP	—
1963	0 current US$ per US$ of GDP	—
1964	0 current US$ per US$ of GDP	—
1965	0 current US$ per US$ of GDP	—
1975	0 current US$ per US$ of GDP	—
1976	0 current US$ per US$ of GDP	—
1977	0 current US$ per US$ of GDP	—
1978	0 current US$ per US$ of GDP	—
1979	0 current US$ per US$ of GDP	—
1980	0 current US$ per US$ of GDP	—
1981	0 current US$ per US$ of GDP	—
1982	0 current US$ per US$ of GDP	—
1983	0 current US$ per US$ of GDP	—
1984	0 current US$ per US$ of GDP	—
1985	0 current US$ per US$ of GDP	—
1986	0 current US$ per US$ of GDP	—
1987	0 current US$ per US$ of GDP	—
1988	0 current US$ per US$ of GDP	—
1989	0 current US$ per US$ of GDP	—
1990	0.043 current US$ per US$ of GDP	—
1991	0.0467 current US$ per US$ of GDP	+8.7%
1992	0.0419 current US$ per US$ of GDP	-10.4%
1993	0.0361 current US$ per US$ of GDP	-13.8%
1994	0.043 current US$ per US$ of GDP	+19.0%
1995	0.0424 current US$ per US$ of GDP	-1.2%
1996	0.0409 current US$ per US$ of GDP	-3.6%
1997	0.0453 current US$ per US$ of GDP	+10.7%
1998	0.0566 current US$ per US$ of GDP	+25.0%
1999	0.0454 current US$ per US$ of GDP	-19.8%
2000	0.0395 current US$ per US$ of GDP	-13.0%
2001	0.0396 current US$ per US$ of GDP	+0.4%
2002	0.0427 current US$ per US$ of GDP	+7.7%
2003	0.0332 current US$ per US$ of GDP	-22.1%
2004	0.0379 current US$ per US$ of GDP	+14.1%
2005	0.0306 current US$ per US$ of GDP	-19.3%
2006	0.0373 current US$ per US$ of GDP	+21.9%
2007	0.039 current US$ per US$ of GDP	+4.5%
2008	0.0338 current US$ per US$ of GDP	-13.1%
2009	0.0424 current US$ per US$ of GDP	+25.4%
2010	0.0427 current US$ per US$ of GDP	+0.6%
2011	0.0302 current US$ per US$ of GDP	-29.4%
2012	0.0374 current US$ per US$ of GDP	+24.1%
2013	0.0362 current US$ per US$ of GDP	-3.1%
2014	0.0311 current US$ per US$ of GDP	-14.1%
2015	0.046 current US$ per US$ of GDP	+47.9%
2016	0.0412 current US$ per US$ of GDP	-10.6%
2017	0.0355 current US$ per US$ of GDP	-13.7%
2018	0.0407 current US$ per US$ of GDP	+14.5%
2019	0.0375 current US$ per US$ of GDP	-7.8%
2020	0.0507 current US$ per US$ of GDP	+35.1%
2021	0.0518 current US$ per US$ of GDP	+2.2%
2022	0.0246 current US$ per US$ of GDP	-52.4%
2023	0.0433 current US$ per US$ of GDP	+75.7%
2024	0.054 current US$ per US$ of GDP	+24.8%

Trinidad and Tobago compared with similar countries

Trinidad and Tobago's 0.054 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 57% of the median. (74 countries reporting)
Trinidad and Tobago's 0.054 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.097 current US$ per US$ of GDP, 56% of the median. (38 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	6
1970s	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	5
1980s	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	0 current US$ per US$ of GDP	10
1990s	0.0441 current US$ per US$ of GDP	0.0361 current US$ per US$ of GDP	0.0566 current US$ per US$ of GDP	10
2000s	0.0376 current US$ per US$ of GDP	0.0306 current US$ per US$ of GDP	0.0427 current US$ per US$ of GDP	10
2010s	0.0379 current US$ per US$ of GDP	0.0302 current US$ per US$ of GDP	0.046 current US$ per US$ of GDP	10
2020s	0.0449 current US$ per US$ of GDP	0.0246 current US$ per US$ of GDP	0.054 current US$ per US$ of GDP	5

Countries ranked near Trinidad and Tobago

139 Saudi Arabia 0.0551 current US$ per US$ of GDP compare
140 Djibouti 0.0549 current US$ per US$ of GDP compare
141 Congo 0.054 current US$ per US$ of GDP compare
143 Cayman Islands 0.0536 current US$ per US$ of GDP compare
144 Rwanda 0.0532 current US$ per US$ of GDP compare
145 Zimbabwe 0.0529 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Trinidad and Tobago

Real gdp growth, annual growth rate 71.15 % change on previous year (2024)
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)
SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 785.84 units per person (2025)
SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 573.82 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (2025)

All data for Trinidad and Tobago →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in Trinidad and Tobago?: Taxes less subsidies on products (current us$), per unit of gdp in Trinidad and Tobago was 0.054 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Trinidad and Tobago?: The highest recorded value was 0.0566 current US$ per US$ of GDP in 1998.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Trinidad and Tobago?: The lowest recorded value was 0 current US$ per US$ of GDP in 1960.
How does Trinidad and Tobago rank for taxes less subsidies on products (current us$), per unit of gdp?: Trinidad and Tobago ranks 142nd out of 197 countries with data for 2024.
Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Trinidad and Tobago?: Over the last ten years it is up 73.4%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per unit of GDP in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/trinidad-and-tobago/

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How this figure is calculated

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (current US$) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Taxes less subsidies on products (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.