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Macro

Trinidad and Tobago

Latin America & Caribbean · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 1.2%
Current prices2025
26USD bn
GDP per capita▲ 0.7%
Current prices2025
18,072USD
Real GDP growth▼ 1.7 pp
Annual change2025
0.8%
Inflation▲ 0.5 pp
Average consumer prices2025
1.0%
Unemployment▼ 1.4 pp
Rate2025
4.0%
Government debt▲ 2.4 pp
General government, gross2025
84.2% of GDP
Current account▲ 0.6 pp
Balance2025
3.1% of GDP
Population▲ 0.5%
Total2025
1.43million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-8.80.014.21995: 3.8%1996: 7.1%1997: 7.5%1998: 8.1%1999: 8.0%2000: 6.9%2001: 3.7%2002: 7.2%2003: 13.9%2004: 7.3%2005: 5.9%2006: 14.2%2007: 4.3%2008: 3.3%2009: -4.8%2010: 3.5%2011: -0.2%2012: 4.6%2013: 3.4%2014: 3.7%2015: -0.4%2016: -7.5%2017: -4.9%2018: -0.9%2019: 0.5%2020: -8.8%2021: -0.7%2022: 0.9%2023: 1.5%2024: 2.5%2025: 0.8%2026: 0.8% (IMF projection)2027: 3.0% (IMF projection)2028: 3.5% (IMF projection)2029: 2.8% (IMF projection)2030: 2.1% (IMF projection)2031: 1.8% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.012.01995: 5.3%1996: 3.3%1997: 3.7%1998: 5.6%1999: 3.4%2000: 3.5%2001: 5.6%2002: 4.1%2003: 3.8%2004: 3.8%2005: 6.9%2006: 8.3%2007: 7.9%2008: 12.0%2009: 7.0%2010: 10.5%2011: 5.1%2012: 9.3%2013: 5.2%2014: 5.7%2015: 4.7%2016: 3.1%2017: 1.9%2018: 1.0%2019: 1.0%2020: 0.6%2021: 2.1%2022: 5.8%2023: 4.6%2024: 0.5%2025: 1.0%2026: 1.8% (IMF projection)2027: 2.8% (IMF projection)2028: 2.2% (IMF projection)2029: 2.1% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %-0.70.91.52.50.80.83.03.52.82.1
Inflation, average consumer prices %2.15.84.60.51.01.82.82.22.12.0
Unemployment rate %4.94.74.15.54.04.24.24.14.14.1
GDP, current prices USD bn24282526262728293031
GDP per capita, current prices USD17,21820,04217,61617,94918,07218,61619,43920,19620,77721,350
GDP per capita, PPP Int. USD29,63131,84733,34234,85735,95637,09838,85540,69142,39443,873
General government gross debt % of GDP80.269.978.281.884.284.182.880.780.781.2
General government net lending/borrowing % of GDP-8.41.0-1.2-5.9-5.5-4.6-2.5-1.7-2.2-2.5
Current account balance % of GDP10.910.211.52.53.13.84.85.54.34.3
Population million1.411.411.421.431.431.441.451.451.461.47

Government debt, % of GDP

General government gross debt
0.084.22000: 52%2001: 54%2002: 58%2003: 52%2004: 43%2005: 37%2006: 33%2007: 29%2008: 25%2009: 34%2010: 29%2011: 39%2012: 33%2013: 33%2014: 37%2015: 43%2016: 53%2017: 57%2018: 58%2019: 63%2020: 82%2021: 80%2022: 70%2023: 78%2024: 82%2025: 84%2026: 84% (IMF projection)2027: 83% (IMF projection)2028: 81% (IMF projection)2029: 81% (IMF projection)2030: 81% (IMF projection)2031: 82% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-6.50.038.32000: 6.6%2001: 4.6%2002: 0.8%2003: 8.6%2004: 13.3%2005: 24.0%2006: 38.3%2007: 23.6%2008: 30.1%2009: 8.4%2010: 18.5%2011: 18.3%2012: 14.2%2013: 19.5%2014: 14.1%2015: 7.7%2016: -3.3%2017: 5.9%2018: 6.8%2019: 4.3%2020: -6.5%2021: 10.9%2022: 10.2%2023: 11.5%2024: 2.5%2025: 3.1%2026: 3.8% (IMF projection)2027: 4.8% (IMF projection)2028: 5.5% (IMF projection)2029: 4.3% (IMF projection)2030: 4.3% (IMF projection)2031: 4.3% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19952.345.0–51.1
20050.559.6–39.7
20150.936.014.258.5
20240.834.614.459.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method18,550USD2025-10.2%
GNI, Atlas method25USD bn2025-8.9%
Life expectancy at birth73.6years2024+1.0%
Urban population54.0% of total2025+0.0 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)