World Data Atlas Topics Economy Tax on Goods and Services

The tax on goods and services in Trinidad and Tobago

20.85 % in 2019

Though Trinidad and Tobago tax on goods and services fluctuated substantially in recent years, it tended to increase through 2005 - 2019 period ending at 20.85 % in 2019.

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The tax on goods and services in Trinidad and Tobago
Current Prices Local Currency 8.02B current LCU in 2019 WB
Share of Value Added 5.27 % in 2019 WB
The tax on goods and services in Central America and the Caribbean
Guatemala 53.37 % in 2019 WB
Dominican Republic 51.86 % in 2019 WB
Jamaica 48.24 % in 2019 WB
Belize 48.07 % in 2017 WB
Nicaragua 45.94 % in 2019 WB
Barbados 45.88 % in 2016 WB
El Salvador 40.7 % in 2019 WB
Panama 34.74 % in 2019 WB
Costa Rica 27.13 % in 2019 WB
Government Finance Government Revenue Tax revenue in Trinidad and Tobago
Tax on Income, Profits and Capital Gains 26.09 % in 2019 WB
Other Taxes 16.13 % in 2019 WB
Taxes on International Trade 5.98 % in 2019 WB