Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Trinidad and Tobago. Statistics, Data and Indicators

flag
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 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