Proportion of domestic budget funded by domestic taxes in Trinidad and Tobago
Trinidad and Tobago: Proportion of domestic budget funded by domestic taxes was 48.0% in 2019. ▼ Falling
Proportion of domestic budget funded by domestic taxes in Trinidad and Tobago, 2001–2019
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for proportion of domestic budget funded by domestic taxes in Trinidad and Tobago is 48.0%, measured in 2019. That is the lowest value across all 19 years on record.
The figure is down 20.5% on the previous year and down 29.7% over ten years.
Over the whole period, proportion of domestic budget funded by domestic taxes in Trinidad and Tobago peaked at 105.9% in 2005 and was at its lowest, 48.0%, in 2019.
Trinidad and Tobago ranks 139th of 182 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Proportion of domestic budget funded by domestic taxes in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 87.8% | — |
| 2002 | 78.4% | -10.7% |
| 2003 | 91.1% | +16.2% |
| 2004 | 90.9% | -0.2% |
| 2005 | 105.9% | +16.5% |
| 2006 | 91.9% | -13.2% |
| 2007 | 87.3% | -5.0% |
| 2008 | 93.6% | +7.2% |
| 2009 | 68.3% | -27.0% |
| 2010 | 76.3% | +11.6% |
| 2011 | 81.2% | +6.5% |
| 2012 | 80.1% | -1.4% |
| 2013 | 72.9% | -8.9% |
| 2014 | 72.3% | -0.9% |
| 2015 | 66.4% | -8.2% |
| 2016 | 60.9% | -8.3% |
| 2017 | 52.2% | -14.3% |
| 2018 | 60.4% | +15.7% |
| 2019 | 48.0% | -20.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 48.0% is below the median for high income countries, which is 55.1%, 87% of the median. (58 countries reporting)
- Trinidad and Tobago's 48.0% is below the median for Latin America & Caribbean, which is 69.4%, 69% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.4% | 68.3% | 105.9% | 9 |
| 2010s | 67.1% | 48.0% | 81.2% | 10 |
Countries ranked near Trinidad and Tobago
More infrastructure data for Trinidad and Tobago
- Mobile cellular subscriptions 1.79 million (2024)
- Mobile cellular subscriptions 118.79 per 100 people (2024)
- Fixed telephone subscriptions 297,734 (2024)
- Fixed telephone subscriptions 19.75 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.2176 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -4.17 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 297,734 (2024)
- Mobile cellular subscriptions, per capita 1.31 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0001 units per US$ of GDP (2024)
Frequently asked questions
- What is proportion of domestic budget funded by domestic taxes in Trinidad and Tobago?
- Proportion of domestic budget funded by domestic taxes in Trinidad and Tobago was 48.0% in 2019, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of domestic budget funded by domestic taxes recorded in Trinidad and Tobago?
- The highest recorded value was 105.9% in 2005.
- What is the lowest proportion of domestic budget funded by domestic taxes recorded in Trinidad and Tobago?
- The lowest recorded value was 48.0% in 2019.
- How does Trinidad and Tobago rank for proportion of domestic budget funded by domestic taxes?
- Trinidad and Tobago ranks 139th out of 182 countries with data for 2019.
- Is proportion of domestic budget funded by domestic taxes rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of domestic budget funded by domestic taxes (%). Statizoid updates them automatically from the source API.
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