Taxes as a % of price: value added tax in Trinidad and Tobago
Trinidad and Tobago: Taxes as a % of price: value added tax was 11.1% in 2022. ▼ Falling
Latest (2022)
11.1%
Change on year
unchanged
World rank
116th
of 189 countries
All-time high
13.0%
in 2008
All-time low
11.1%
in 2016
Years of data
8
2008–2022
Taxes as a % of price: value added tax in Trinidad and Tobago, 2008–2022
Source: World Health Organization, Global Health Observatory.
Analysis
The most recent figure for taxes as a % of price: value added tax in Trinidad and Tobago is 11.1%, measured in 2022. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 14.8% over ten years.
Over the whole period, taxes as a % of price: value added tax in Trinidad and Tobago peaked at 13.0% in 2008 and was at its lowest, 11.1%, in 2016.
That places Trinidad and Tobago 116th out of 189 countries with data for 2022, putting it in the middle of the range.
Taxes as a % of price: value added tax in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 13.0% | — |
| 2010 | 13.0% | +0.0% |
| 2012 | 13.0% | +0.0% |
| 2014 | 13.0% | +0.0% |
| 2016 | 11.1% | -14.8% |
| 2018 | 11.1% | +0.0% |
| 2020 | 11.1% | +0.0% |
| 2022 | 11.1% | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 11.1% is below the median for high income countries, which is 16.0%, 70% of the median. (61 countries reporting)
- Trinidad and Tobago's 11.1% is below the median for Latin America & Caribbean, which is 13.0%, 85% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.0% | 13.0% | 13.0% | 1 |
| 2010s | 12.3% | 11.1% | 13.0% | 5 |
| 2020s | 11.1% | 11.1% | 11.1% | 2 |
Countries ranked near Trinidad and Tobago
- 115 Cook Islands 11.2% compare
- 116 Belize 11.1% compare
- 116 Saint Lucia 11.1% compare
- 116 Niue 11.1% compare
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: value added tax in Trinidad and Tobago?
- Taxes as a % of price: value added tax in Trinidad and Tobago was 11.1% in 2022, according to World Health Organization, Global Health Observatory.
- What is the highest taxes as a % of price: value added tax recorded in Trinidad and Tobago?
- The highest recorded value was 13.0% in 2008.
- What is the lowest taxes as a % of price: value added tax recorded in Trinidad and Tobago?
- The lowest recorded value was 11.1% in 2016.
- How does Trinidad and Tobago rank for taxes as a % of price: value added tax?
- Trinidad and Tobago ranks 116th out of 189 countries with data for 2022.
- Is taxes as a % of price: value added tax rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 14.8%. 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: value added tax. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (WHO).