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Prices & public finance · Latin America & Caribbean · High income
Trinidad and Tobago: prices, money and public finance
Inflation is 1.0% (2025), 145th of 180 in the world and 24th of 31 in Latin America & Caribbean. GDP deflator is 2.0% (2025), 152nd of 209 in the world and 29th of 40 in Latin America & Caribbean. Lending rate is 7.5% (2025), 83rd of 136 in the world and 20th of 31 in Latin America & Caribbean.
Inflation
Trinidad and TobagoLatin America & CaribbeanHigh incomeWorld
GDP deflator
Trinidad and TobagoLatin America & CaribbeanHigh incomeWorld
13 indicators
Prices & public finance: Trinidad and Tobago in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 1.0%2025 | 145/180 | 24/31 | 3.6% | 10.5% | 0.6% | −3.7 ppsince 2015 | 2.1% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 2.0%2025 | 152/209 | 29/40 | 12.0% | 12.7% | -2.5% | +11.0 ppsince 2015 | 3.4% | 2.6% | 3.3% | |
| Lending rateLending interest rate, % | 7.5%2025 | 83/136 | 20/31 | 16.5% | 9.3% | 6.6% | −0.7 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 5.4%2025 | 62/136 | 14/31 | 4.0% | -3.1% | 9.3% | −13.5 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 6.752025 | 115/210 | 17/39 | 6.30 | 6.38 | 6.75 | +5.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 16.8%2019 | 73/142 | 7/20 | 22.1%2001 | 26.2% | 16.8%2019 | −10.1 ppsince 2009 | 14.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 24.3%2019 | 79/142 | 9/20 | 27.1%2001 | 32.9% | 24.3%2019 | −10.0 ppsince 2009 | 22.8% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 33.3%2019 | 45/142 | 2/20 | 23.9%2001 | 30.7% | 33.3%2019 | +0.3 ppsince 2009 | 27.6% | 30.1% | 28.5% | |
| Government debtCentral government debt, % of GDP | 15.9%2007 | — | — | · | · | · | — | 69.1% | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 50.4%2025 | 71/169 | 15/31 | 31.9% | 30.8% | 46.5% | +17.8 ppsince 2015 | 52.9% | 152.1% | 140.3% | |
| Broad moneyBroad money, % of GDP | 74.3%2025 | 48/146 | 9/31 | 45.9% | 53.8% | 83.9% | +13.8 ppsince 2015 | 72.6% | 138.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.52025 | 60/165 | 11/32 | 3.8 | 13.4 | 10.0 | −48%since 2015 | 6.6 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.94%2025 | 118/156 | 12/22 | 0.16%2001 | 0.64% | 0.81% | +0.2 ppsince 2015 | 1.07% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−3.7 pp1.0% in 2025
Worse than ten years ago
- Reserves, months of imports−48%5.5 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Trinidad and Tobago and its neighbours
Countries sharing a land border with Trinidad and Tobago. Latest values since 2005; the highest in each row is marked.
| Indicator | Trinidad and Tobago | Venezuela |
|---|---|---|
| Inflation | 1.0%2025 | 254.9%2016 |
| GDP deflator | 2.0%2025 | 227.1%2025 |
| Lending rate | 7.5%2025 | 21.1%2017 |
| Real interest rate | 5.4%2025 | -89.5%2017 |
| Exchange rate | 6.752025 | 9.972017 |
| Tax revenue | 16.8%2019 | — |
| Government revenue | 24.3%2019 | — |
| Government expense | 33.3%2019 | — |
| Government debt | 15.9%2007 | — |