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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 #
82 Corruption rank#73
105 Ease of doing business#98
Trinidad and Tobago


Trinidad and Tobago Major Economic Indicators

Indicator Data Period
GDP Value 21.39 USD Billion 2021
GDP Annual Growth Rate -0.1 % 1Q/22
GDP Growth Rate -4 % 1Q/22
GDP per capita 14878 USD 2021
Inflation Rate YoY 6.3 % Aug/22
Interest Rate 3.5 % Oct/22
Unemployment Rate 4.5 % 2Q/22
Balance of Trade 2335 USD Million | 2.335 B USD 1Q/22
Current Account 1627 USD Million | 1.627 B USD 1Q/22
Foreign Exchange Reserves 6870 USD Million | 6.87 B USD Oct/22
Government Debt 108181 TTD Million | 15.964 B USD Aug/22


GDP Indicators

Indicator Data Period
GDP Value 21.39 USD Billion 2021
GDP Annual Growth Rate -0.1 % 1Q/22
GDP Growth Rate -4 % 1Q/22
GDP per capita 14878 USD 2021
GDP per capita PPP 24457 USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 83.3 % 2021
Government Budget Value -4719 TTD Million | -0.696 B USD Aug/22
Government Debt 108181 TTD Million | 15.964 B USD Aug/22
Government Revenues 948 TTD Million | 0.14 B USD Aug/22
Fiscal Expenditure  5392 TTD Million | 0.796 B USD Aug/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) 119 Index Points Aug/22
Food Inflation 11.7 % Aug/22
Gasoline Prices 0.75 USD/Liter Oct/22
Inflation Rate YoY 6.3 % Aug/22
Producer Prices 629 Index Points 2Q/22
CPI Transportation 118 Index Points Aug/22


Trade Indicators

Indicator Data Period
Current Account to GDP 10.2 % 2021
Balance of Trade 2335 USD Million | 2.335 B USD 1Q/22
Current Account 1627 USD Million | 1.627 B USD 1Q/22
Exports 4048 USD Million | 4.048 B USD 1Q/22
External Debt 31985 TTD Million | 4.72 B USD Aug/22
Foreign Exchange Reserves 6870 USD Million | 6.87 B USD Oct/22
Imports 1713 USD Million | 1.713 B USD 1Q/22


Money Indicators

Indicator Data Period
Gold Reserves 1.94 Tonnes 3Q/22
Interest Rate 3.5 % Oct/22
Money Supply M0 26266 TTD Million | 3.876 B USD Sep/22
Money Supply M2 98666 TTD Million | 14.56 B USD Sep/22
Deposit Interest Rate 1.5 % 2021
Private Sector Credit  65731 TTD Million | 9.7 B USD Aug/22


Labor Indicators

Indicator Data Period
Unemployment Rate 4.5 % 2Q/22
Employed Persons 563 Thousand Person | 0.563 Million Person 2Q/22
Labor Force Participation Rate 54.4 % 2Q/22
Unemployed Persons 26.3 Thousand Persons | 0.026 Million Persons 2Q/22


Production Indicators

Indicator Data Period
Crude Oil Production 58 BBL/D/1K Jun/22
Industrial Production 33.7 % 4Q/21
Industrial Production (MoM) -1.5 % 4Q/21


Business Indicators

Indicator Data Period
Corruption Index 41 Index Points 2021
Corruption Rank 82 place 2021
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 38478 TTD Million | 5.678 B USD Sep/22