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Economy of Trinidad and Tobago. Statistics, Data and Indicators

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Trinidad and Tobago
N/AN/A Credit rank #
N/A Quality of life #
77 Corruption rank#73
105 Ease of doing business#98
Trinidad and Tobago


Trinidad and Tobago Major Economic Indicators

Indicator Data Period
GDP Value 27.9 USD Billion 2022
GDP Annual Growth Rate 2.5 % 3Q/22
GDP Growth Rate -2.7 % 3Q/22
GDP per capita 14480 USD 2022
Inflation Rate YoY 4 % Aug/23
Interest Rate 3.5 % Sep/23
Unemployment Rate 4.9 % 1Q/23
Balance of Trade 1714 USD Million | 1.714 B USD 4Q/22
Current Account 1357 USD Million | 1.357 B USD 4Q/22
Foreign Exchange Reserves 6258 USD Million | 6.258 B USD Aug/23
Government Debt 105424 TTD Million | 15.557 B USD Jul/23


GDP Indicators

Indicator Data Period
GDP Value 27.9 USD Billion 2022
GDP Annual Growth Rate 2.5 % 3Q/22
GDP Growth Rate -2.7 % 3Q/22
GDP per capita 14480 USD 2022
GDP per capita PPP 23526 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 83.3 % 2021
Government Budget Value -597 TTD Million | -0.088 B USD Jun/23
Government Debt 105424 TTD Million | 15.557 B USD Jul/23
Government Revenues 4726 TTD Million | 0.697 B USD Jun/23
Fiscal Expenditure  4954 TTD Million | 0.731 B USD Jun/23
Government Budget to GDP 0.6 % 2022
Military Expenditure 201 USD Million | 0.201 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 123 Index Points Aug/23
Food Inflation 5.6 % Aug/23
Gasoline Prices 0.77 USD/Liter Aug/23
Inflation Rate YoY 4 % Aug/23
Producer Prices 633 Index Points 1Q/23
CPI Transportation 127 Index Points Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP 19.9 % 2022
Balance of Trade 1714 USD Million | 1.714 B USD 4Q/22
Current Account 1357 USD Million | 1.357 B USD 4Q/22
Exports 3440 USD Million | 3.44 B USD 4Q/22
External Debt 31910 TTD Million | 4.709 B USD Jul/23
Foreign Exchange Reserves 6258 USD Million | 6.258 B USD Aug/23
Imports 1725 USD Million | 1.725 B USD 4Q/22


Money Indicators

Indicator Data Period
Gold Reserves 1.94 Tonnes 2Q/23
Interest Rate 3.5 % Sep/23
Money Supply M0 26736 TTD Million | 3.945 B USD Jul/23
Money Supply M2 100674 TTD Million | 14.856 B USD Jul/23
Deposit Interest Rate 1.5 % 2022
Private Sector Credit  69958 TTD Million | 10.323 B USD Jul/23


Labor Indicators

Indicator Data Period
Unemployment Rate 4.9 % 1Q/23
Employed Persons 566 Thousand Person | 0.566 Million Person 1Q/23
Labor Force Participation Rate 55.2 % 1Q/23
Unemployed Persons 29.2 Thousand Persons | 0.029 Million Persons 1Q/23


Production Indicators

Indicator Data Period
Crude Oil Production 55 BBL/D/1K May/23
Industrial Production 130 % 3Q/22
Industrial Production (MoM) 12 % 3Q/22


Business Indicators

Indicator Data Period
Corruption Index 42 Index Points 2022
Corruption Rank 77 place 2022
Ease of Doing Business 105 place 2019
Competitiveness Index 58.3 Index Points 2019
Competitiveness Rank 79 2019


Consumer Indicators

Indicator Data Period
Consumer Credit 40604 TTD Million | 5.992 B USD Jul/23