Taxes as a % of price: specific excise in Trinidad and Tobago
Trinidad and Tobago: Taxes as a % of price: specific excise was 16.4% in 2022. ▼ Falling
Latest (2022)
16.4%
Change on year
up 12.6%
World rank
109th
of 189 countries
All-time high
23.6%
in 2008
All-time low
14.6%
in 2018
Years of data
8
2008–2022
Taxes as a % of price: specific excise in Trinidad and Tobago, 2008–2022
Source: World Health Organization, Global Health Observatory.
Analysis
In 2022, taxes as a % of price: specific excise in Trinidad and Tobago stood at 16.4%.
The figure is up 12.6% on the previous year and down 15.9% over ten years.
Over the whole period, taxes as a % of price: specific excise in Trinidad and Tobago peaked at 23.6% in 2008 and was at its lowest, 14.6%, in 2018.
That places Trinidad and Tobago 109th out of 189 countries with data for 2022, putting it in the middle of the range.
Taxes as a % of price: specific excise in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 23.6% | — |
| 2010 | 20.7% | -12.5% |
| 2012 | 19.5% | -5.6% |
| 2014 | 16.6% | -15.2% |
| 2016 | 14.7% | -11.6% |
| 2018 | 14.6% | -0.3% |
| 2020 | 14.6% | +0.0% |
| 2022 | 16.4% | +12.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 16.4% is below the median for high income countries, which is 32.0%, 51% of the median. (61 countries reporting)
- Trinidad and Tobago's 16.4% is above the median for Latin America & Caribbean, which is 16.4%, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.6% | 23.6% | 23.6% | 1 |
| 2010s | 17.2% | 14.6% | 20.7% | 5 |
| 2020s | 15.5% | 14.6% | 16.4% | 2 |
Countries ranked near Trinidad and Tobago
More health data for Trinidad and Tobago
- Un projection of annual infant deaths, annual growth rate 0 % change on previous year (2100)
- Heat deaths vs projected death rates, annual growth rate -0.1463 % change on previous year (2090)
- Estimated changes in temperature-related death rates compared to projected death rates 1,638 deaths per 1,000 people (2090)
- Number of infants who die before age 1 24 deaths (2100)
- Neonatal tetanus - number of reported cases, gaps filled 0 (2025)
- Population ages 00-04, female, annual growth rate -2.35 % change on previous year (2025)
- Population ages 00-04, female, per unit of GDP 0 units per US$ of GDP (2025)
- Population ages 00-04, female, per capita 0.0263 units per person (2025)
- Population ages 00-04, male, annual growth rate -2.36 % change on previous year (2025)
- Population ages 00-04, male, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes as a % of price: specific excise in Trinidad and Tobago?
- Taxes as a % of price: specific excise in Trinidad and Tobago was 16.4% in 2022, according to World Health Organization, Global Health Observatory.
- What is the highest taxes as a % of price: specific excise recorded in Trinidad and Tobago?
- The highest recorded value was 23.6% in 2008.
- What is the lowest taxes as a % of price: specific excise recorded in Trinidad and Tobago?
- The lowest recorded value was 14.6% in 2018.
- How does Trinidad and Tobago rank for taxes as a % of price: specific excise?
- Trinidad and Tobago ranks 109th out of 189 countries with data for 2022.
- Is taxes as a % of price: specific excise rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 15.9%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from World Health Organization, Global Health Observatory, published as part of Taxes as a % of price: specific excise. Statizoid updates them automatically from the source API.
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