Trinidad and Tobago - Taxes on international trade

Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in Trinidad and Tobago was 2,732,500,000 as of 2018. As the graph below shows, over the past 17 years this indicator reached a maximum value of 3,016,400,000 in 2017 and a minimum value of 812,500,000 in 2001.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2001 812,500,000
2002 855,400,000
2003 1,022,300,000
2004 1,239,900,000
2005 1,473,500,000
2006 1,836,300,000
2007 2,006,500,000
2008 2,194,600,000
2009 1,828,600,000
2010 1,905,500,000
2011 2,167,800,000
2012 2,319,400,000
2013 2,587,700,000
2014 2,861,500,000
2015 3,014,200,000
2016 3,016,400,000
2017 3,016,400,000
2018 2,732,500,000

Taxes on international trade (% of revenue)

Taxes on international trade (% of revenue) in Trinidad and Tobago was 5.72 as of 2018. Its highest value over the past 17 years was 6.47 in 2017, while its lowest value was 3.72 in 2008.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2001 5.44
2002 5.84
2003 5.61
2004 5.67
2005 4.77
2006 4.56
2007 4.81
2008 3.72
2009 4.40
2010 4.10
2011 4.61
2012 4.44
2013 4.61
2014 4.60
2015 4.90
2016 6.47
2017 6.47
2018 5.72

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance