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Taxes on Goods and Services (As % of Revenue) in Trinidad and Tobago

Source: World Bank
Last Updated: July 1, 2023

Taxes on goods and services as a share of revenue reached 18.5% in 2018 in Trinidad and Tobago, according to the National Statistical Office. This is 1.28% less than in the previous year.

Historically, taxes on goods and services as a share of revenue in Trinidad and Tobago reached an all time high of 34.4% in 1998 and an all time low of 11.9% in 2014.

Trinidad and Tobago has been ranked 112th within the group of 124 countries we follow in terms of taxes on goods and services as a share of revenue.

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