Trinidad and Tobago
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2002-2003 , pp 353-356
- Publication Date: December 2003
- DOI: https://doi.org/10.18356/b23300f5-en
- Language: English
The central government reduced its surplus from the figure recorded in fiscal year 2000/2001 and registered a virtual balance on its fiscal accounts for fiscal year 2001/2002 (1.8% and -0.3% of GDP, respectively) as a result of tax buoyancy from non-energy sources (8% and 5% of GDP for the two fiscal years, respectively), which partly offset the underperformance of the petroleum sector’s earnings (8% and 5% of GDP in the same period). This result notwithstanding, the taxto- GDP ratio declined from 24.5% to 22.7%.
© United Nations
ISBN (PDF):
9789211558777
Book DOI:
https://doi.org/10.18356/1802ae64-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Trinidad and Tobago
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