Trinidad and Tobago |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2019
Notes: Trinidad and Tobago's growth forecast estimates for 2020 are based on energy sector data from the Ministry of Energy and Ministry of Finance up until September, preliminary national accounts data for 2019 from the Central Statistical Office, and staff projections for the fourth quarter nonenergy output based on available information. Growth estimates are subject to revision once the finalized data for the full year become available.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: No
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
154.101 |
141.998 |
140.556 |
148.173 |
151.241 |
153.618 |
156.019 |
158.478 |
2019 |
Trinidad and Tobago |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
-1.246 |
-7.854 |
-1.015 |
5.419 |
2.070 |
1.572 |
1.563 |
1.576 |
2019 |
Trinidad and Tobago |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2019
Notes: Trinidad and Tobago's growth forecast estimates for 2020 are based on energy sector data from the Ministry of Energy and Ministry of Finance up until September, preliminary national accounts data for 2019 from the Central Statistical Office, and staff projections for the fourth quarter nonenergy output based on available information. Growth estimates are subject to revision once the finalized data for the full year become available.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: No
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
156.756 |
145.734 |
146.019 |
156.050 |
161.473 |
166.267 |
171.191 |
176.281 |
2019 |
Trinidad and Tobago |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
23.208 |
21.587 |
21.599 |
23.082 |
23.885 |
24.594 |
25.322 |
26.075 |
2019 |
Trinidad and Tobago |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
37.550 |
35.018 |
35.911 |
38.899 |
40.649 |
42.229 |
43.821 |
45.434 |
2019 |
Trinidad and Tobago |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
101.723 |
102.631 |
103.886 |
105.316 |
106.765 |
108.235 |
109.724 |
111.234 |
2019 |
Trinidad and Tobago |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
110,469.197 |
101,464.252 |
99,909.711 |
104,782.171 |
106,415.606 |
107,563.189 |
108,730.440 |
109,936.472 |
2019 |
Trinidad and Tobago |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
25,827.826 |
23,722.459 |
23,359.005 |
24,498.192 |
24,880.091 |
25,148.397 |
25,421.302 |
25,703.274 |
2019 |
Trinidad and Tobago |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
112,372.461 |
104,133.777 |
103,792.677 |
110,352.502 |
113,615.059 |
116,420.651 |
119,303.527 |
122,286.836 |
2019 |
Trinidad and Tobago |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
16,637.108 |
15,424.821 |
15,352.721 |
16,323.032 |
16,805.620 |
17,220.615 |
17,647.042 |
18,088.325 |
2019 |
Trinidad and Tobago |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
26,917.888 |
25,021.605 |
25,526.113 |
27,507.825 |
28,601.381 |
29,568.757 |
30,538.920 |
31,517.502 |
2019 |
Trinidad and Tobago |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.028 |
0.027 |
0.025 |
0.025 |
0.025 |
0.024 |
0.024 |
0.023 |
2019 |
Trinidad and Tobago |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
4.175 |
4.162 |
4.066 |
4.012 |
3.972 |
3.937 |
3.907 |
3.880 |
2019 |
Trinidad and Tobago |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2019
Notes: Trinidad and Tobago's growth forecast estimates for 2020 are based on energy sector data from the Ministry of Energy and Ministry of Finance up until September, preliminary national accounts data for 2019 from the Central Statistical Office, and staff projections for the fourth quarter nonenergy output based on available information. Growth estimates are subject to revision once the finalized data for the full year become available.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2012
Chain-weighted: No
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
20.827 |
16.490 |
29.628 |
35.188 |
33.294 |
31.589 |
30.513 |
29.747 |
2019 |
Trinidad and Tobago |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2012
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
124.672 |
125.419 |
126.723 |
126.677 |
128.420 |
130.187 |
131.979 |
133.795 |
2020 |
Trinidad and Tobago |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
1.001 |
0.599 |
1.040 |
-0.037 |
1.376 |
1.376 |
1.376 |
1.376 |
2020 |
Trinidad and Tobago |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2012
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
123.269 |
124.291 |
125.811 |
127.542 |
129.298 |
131.077 |
132.881 |
134.709 |
2020 |
Trinidad and Tobago |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
0.370 |
0.829 |
1.223 |
1.376 |
1.376 |
1.376 |
1.376 |
1.376 |
2020 |
Trinidad and Tobago |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-11.090 |
-7.761 |
-10.489 |
2.536 |
1.832 |
0.395 |
0.425 |
0.661 |
2020 |
Trinidad and Tobago |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-6.899 |
-7.610 |
-8.757 |
2.263 |
1.614 |
0.231 |
0.338 |
0.612 |
2020 |
Trinidad and Tobago |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-15.369 |
-24.915 |
22.427 |
16.052 |
-0.810 |
-2.022 |
-1.074 |
-0.339 |
2020 |
Trinidad and Tobago |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Trade System: General trade
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-16.589 |
-23.543 |
24.552 |
16.699 |
-1.093 |
-2.322 |
-1.325 |
-0.548 |
2020 |
Trinidad and Tobago |
Population |
Persons |
Millions |
Source: International Financial Institution
Latest actual data: 2019
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
1.395 |
1.399 |
1.407 |
1.414 |
1.421 |
1.428 |
1.435 |
1.442 |
2019 |
Trinidad and Tobago |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
43.482 |
33.346 |
34.291 |
40.652 |
42.301 |
43.107 |
43.906 |
45.133 |
2020 |
Trinidad and Tobago |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
27.582 |
22.457 |
23.495 |
26.476 |
26.419 |
26.114 |
25.833 |
25.789 |
2020 |
Trinidad and Tobago |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
49.411 |
50.824 |
51.082 |
49.246 |
50.413 |
51.035 |
52.145 |
53.120 |
2020 |
Trinidad and Tobago |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
31.342 |
34.227 |
35.001 |
32.073 |
31.485 |
30.917 |
30.681 |
30.353 |
2020 |
Trinidad and Tobago |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-5.928 |
-17.478 |
-16.792 |
-8.594 |
-8.112 |
-7.928 |
-8.239 |
-7.987 |
2020 |
Trinidad and Tobago |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-3.760 |
-11.770 |
-11.505 |
-5.597 |
-5.066 |
-4.803 |
-4.848 |
-4.564 |
2020 |
Trinidad and Tobago |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-0.908 |
-12.496 |
-12.000 |
-2.154 |
-1.222 |
-0.606 |
-0.481 |
0.209 |
2020 |
Trinidad and Tobago |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-0.576 |
-8.416 |
-8.222 |
-1.403 |
-0.763 |
-0.367 |
-0.283 |
0.119 |
2020 |
Trinidad and Tobago |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
-2.387 |
13.316 |
26.936 |
34.333 |
41.211 |
47.868 |
54.799 |
61.438 |
2020 |
Trinidad and Tobago |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
-1.514 |
8.967 |
18.456 |
22.361 |
25.738 |
28.999 |
32.242 |
35.106 |
2020 |
Trinidad and Tobago |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
73.261 |
88.007 |
102.790 |
111.384 |
119.496 |
127.424 |
135.663 |
143.650 |
2020 |
Trinidad and Tobago |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
46.471 |
59.268 |
70.429 |
72.543 |
74.630 |
77.194 |
79.821 |
82.082 |
2020 |
Trinidad and Tobago |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Fiscal assumptions: Fiscal projections are predicated on the latest fiscal data available, as well as the current budget and subsequent official measures and supplementary budgets. However, it is modified by, among other influences, the Fund staff's macroeconomic projections.
Start/end months of reporting year: October/September
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Other;. Central government debt excludes short-term debt issued for open market monetary policy purposes. These instruments were matched by corresponding “frozen” government deposits in the domestic banking system, and cannot be used to finance budgetary operations. Net debt is gross debt minus CG deposits at the Central Bank and Heritage Stabilization Fund assets (about 65% fixed income instruments and 35% equity).
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
157.650 |
148.490 |
145.948 |
153.542 |
160.117 |
165.069 |
169.960 |
175.009 |
2020 |
Trinidad and Tobago |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Trinidad and Tobago dollar
Data last updated: 09/2021
|
1.020 |
0.013 |
2.850 |
4.329 |
4.027 |
3.728 |
3.566 |
3.472 |
2020 |
Trinidad and Tobago |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
4.396 |
0.058 |
13.196 |
18.756 |
16.862 |
15.157 |
14.081 |
13.315 |
2019 |