Trinidad and Tobago's Revenue Sources

Main Revenue Streams

Trinidad and Tobago's economy relies on several key revenue sources:

• Petroleum and Natural Gas: Major producer and exporter; energy sector dominates government income.
• Taxes: Income tax, corporate tax, VAT, and customs duties.
• Tourism: Hotel stays, tours, and recreational activities.
• Investments and FDI: Foreign capital in energy, manufacturing, tourism.
• Agriculture and Non-Energy Industries: Exports of sugar, cocoa, coffee; manufacturing and construction.
• Government Services and Fees: Licenses, permits, business registration, property transactions.
• Borrowing and External Financing: Bonds and loans from international institutions.

The government is actively pursuing economic diversification to reduce dependence on the volatile energy sector.