Economy of Trinidad and Tobago. Statistics, Data and Indicators
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 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 |
