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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 21.53 USD Billion 2020
GDP Annual Growth Rate 8.2 % 3Q/21
GDP Growth Rate 8.4 % 3Q/21
GDP per capita 14876 USD 2020
Inflation Rate YoY 5.1 % Apr/22
Interest Rate 3.5 % Jun/22
Unemployment Rate 7.2 % 4Q/20
Balance of Trade 259 USD Million | 0.259 B USD 4Q/20
Current Account -2 USD Million | -0.002 B USD 4Q/20
Foreign Exchange Reserves 6699 USD Million | 6.699 B USD May/22
Government Debt 109406 TTD Million | 16.109 B USD Apr/22


GDP Indicators

Indicator Data Period
GDP Value 21.53 USD Billion 2020
GDP Annual Growth Rate 8.2 % 3Q/21
GDP Growth Rate 8.4 % 3Q/21
GDP per capita 14876 USD 2020
GDP per capita PPP 23728 USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 82.7 % 2020
Government Budget Value -1231 TTD Million | -0.181 B USD Jul/21
Government Debt 109406 TTD Million | 16.109 B USD Apr/22
Government Revenues 2790 TTD Million | 0.411 B USD Jul/21
Fiscal Expenditure  4021 TTD Million | 0.592 B USD Jul/21
Government Budget to GDP -11.2 % 2020
Military Expenditure 157 USD Million | 0.157 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 114 Index Points Mar/22
Food Inflation 7.9 % Mar/22
Gasoline Prices 0.99 USD/Liter May/22
Inflation Rate YoY 5.1 % Apr/22
Producer Prices 620 Index Points 2Q/21
CPI Transportation 111 Index Points Mar/22


Trade Indicators

Indicator Data Period
Current Account to GDP 2.3 % 2020
Balance of Trade 259 USD Million | 0.259 B USD 4Q/20
Current Account -2 USD Million | -0.002 B USD 4Q/20
Exports 1645 USD Million | 1.645 B USD 4Q/20
External Debt 32083 TTD Million | 4.724 B USD Apr/22
Foreign Exchange Reserves 6699 USD Million | 6.699 B USD May/22
Imports 1386 USD Million | 1.386 B USD 4Q/20


Money Indicators

Indicator Data Period
Gold Reserves 1.94 Tonnes 1Q/22
Interest Rate 3.5 % Jun/22
Money Supply M0 25019 TTD Million | 3.684 B USD Mar/22
Money Supply M2 97939 TTD Million | 14.42 B USD Mar/22
Deposit Interest Rate 1.5 % 2020
Private Sector Credit  66618 TTD Million | 9.809 B USD Jul/21


Labor Indicators

Indicator Data Period
Unemployment Rate 7.2 % 4Q/20
Employed Persons 560 Thousand Person | 0.56 Million Person 4Q/20
Labor Force Participation Rate 56 % 4Q/20
Unemployed Persons 43.5 Thousand Persons | 0.044 Million Persons 4Q/20


Production Indicators

Indicator Data Period
Crude Oil Production 61 BBL/D/1K Feb/22
Industrial Production 10.4 % 1Q/21
Industrial Production (MoM) 3 % 1Q/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 37652 TTD Million | 5.544 B USD Mar/22