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 | 24.46 USD Billion | 2021 |
| GDP Annual Growth Rate | 6.6 % | 2Q/22 |
| GDP Growth Rate | -2.7 % | 3Q/22 |
| GDP per capita | 14180 USD | 2021 |
| Inflation Rate YoY | 8.7 % | Dec/22 |
| Interest Rate | 3.5 % | Feb/23 |
| Unemployment Rate | 5.4 % | 3Q/22 |
| Balance of Trade | 2501 USD Million | 2.501 B USD | 2Q/22 |
| Current Account | 1322 USD Million | 1.322 B USD | 2Q/22 |
| Foreign Exchange Reserves | 6754 USD Million | 6.754 B USD | Feb/23 |
| Government Debt | 105326 TTD Million | 15.496 B USD | Dec/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 24.46 USD Billion | 2021 |
| GDP Annual Growth Rate | 6.6 % | 2Q/22 |
| GDP Growth Rate | -2.7 % | 3Q/22 |
| GDP per capita | 14180 USD | 2021 |
| GDP per capita PPP | 23037 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 83.3 % | 2021 |
| Government Budget Value | 3451 TTD Million | 0.508 B USD | Dec/22 |
| Government Debt | 105326 TTD Million | 15.496 B USD | Dec/22 |
| Government Revenues | 9310 TTD Million | 1.37 B USD | Dec/22 |
| Fiscal Expenditure | 5859 TTD Million | 0.862 B USD | Dec/22 |
| Government Budget to GDP | -11 % | 2021 |
| Military Expenditure | 208 USD Million | 0.208 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 123 Index Points | Dec/22 |
| Food Inflation | 17.3 % | Dec/22 |
| Gasoline Prices | 0.36 USD/Liter | Feb/23 |
| Inflation Rate YoY | 8.7 % | Dec/22 |
| Producer Prices | 629 Index Points | 3Q/22 |
| CPI Transportation | 126 Index Points | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 4.5 % | 2021 |
| Balance of Trade | 2501 USD Million | 2.501 B USD | 2Q/22 |
| Current Account | 1322 USD Million | 1.322 B USD | 2Q/22 |
| Exports | 4643 USD Million | 4.643 B USD | 2Q/22 |
| External Debt | 32412 TTD Million | 4.769 B USD | Dec/22 |
| Foreign Exchange Reserves | 6754 USD Million | 6.754 B USD | Feb/23 |
| Imports | 2142 USD Million | 2.142 B USD | 2Q/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 1.94 Tonnes | 4Q/22 |
| Interest Rate | 3.5 % | Feb/23 |
| Money Supply M0 | 27112 TTD Million | 3.989 B USD | Dec/22 |
| Money Supply M2 | 101232 TTD Million | 14.894 B USD | Dec/22 |
| Deposit Interest Rate | 1.5 % | 2021 |
| Private Sector Credit | 67662 TTD Million | 9.955 B USD | Dec/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 5.4 % | 3Q/22 |
| Employed Persons | 563 Thousand Person | 0.563 Million Person | 3Q/22 |
| Labor Force Participation Rate | 55.2 % | 3Q/22 |
| Unemployed Persons | 32.2 Thousand Persons | 0.032 Million Persons | 3Q/22 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 60 BBL/D/1K | Nov/22 |
| 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 | 39516 TTD Million | 5.814 B USD | Dec/22 |
