Current account balance in US dollars — all countries

Current account balance in US dollars — Trinidad and Tobago

Current account balance in US dollars in Trinidad and Tobago in 2031 — 1.39 bn US$. Ranked 45 in the world out of 187. Since 1980, the indicator has risen by 288%.

2031 1.39 bn US$ +2.74% vs 2030
World rank 45of 187
Period maximum 8.5 bn US$2008
Period minimum -1.36 bn US$2020

Trend over time

1980–2031 · billion US$

Current account balance in US dollars — Trinidad and Tobago, 1980–2031-2.502.557.51019801986199219982004201020162022202820311980: 0.36 bn US$1981: 0.42 bn US$1982: -0.6 bn US$1983: -0.95 bn US$1984: -0.47 bn US$1985: -0.05 bn US$1986: -0.41 bn US$1987: -0.23 bn US$1988: -0.09 bn US$1989: -0.04 bn US$1990: 0.46 bn US$1991: -0.01 bn US$1992: 0.14 bn US$1993: 0.11 bn US$1994: 0.22 bn US$1995: 0.29 bn US$1996: 0.11 bn US$1997: -0.61 bn US$1998: -0.64 bn US$1999: 0.03 bn US$2000: 0.54 bn US$2001: 0.42 bn US$2002: 0.08 bn US$2003: 0.99 bn US$2004: 1.79 bn US$2005: 3.88 bn US$2006: 7.13 bn US$2007: 5.17 bn US$2008: 8.5 bn US$2009: 1.63 bn US$2010: 4.17 bn US$2011: 4.71 bn US$2012: 3.87 bn US$2013: 5.57 bn US$2014: 4.16 bn US$2015: 2.06 bn US$2016: -0.78 bn US$2017: 1.41 bn US$2018: 1.63 bn US$2019: 1.02 bn US$2020: -1.36 bn US$2021: 2.63 bn US$2022: 2.88 bn US$2023: 2.89 bn US$2024: 0.65 bn US$2025: 0.81 bn US$2026: 1.03 bn US$2027: 1.37 bn US$2028: 1.62 bn US$2029: 1.31 bn US$2030: 1.35 bn US$2031: 1.39 bn US$
Change over the period: +1.03 (+287.96%) Average annual rate: 2.69 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Trinidad and Tobago

Trinidad and Tobago 1.39 bn US$
World computed 458.47 bn US$
Latin America & Caribbean computed -117.98 bn US$
High-income countries computed 140.01 bn US$
Current account balance in US dollars — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year bn US$ Change Change, %
2031 1.39 +0.04 +2.74%
2030 1.35 +0.04 +3.06%
2029 1.31 −0.32 −19.46%
2028 1.62 +0.26 +18.97%
2027 1.37 +0.33 +32.4%
2026 1.03 +0.22 +26.97%
2025 0.81 +0.17 +25.89%
2024 0.65 −2.25 −77.69%
2023 2.89 +0.01 +0.28%
2022 2.88 +0.25 +9.66%
2021 2.63 +3.99 +293.88%
2020 -1.36 −2.38 −232.94%
2019 1.02 −0.61 −37.27%
2018 1.63 +0.22 +15.4%
2017 1.41 +2.19 +281.57%
2016 -0.78 −2.83 −137.72%
2015 2.06 −2.1 −50.49%
2014 4.16 −1.42 −25.42%
2013 5.57 +1.7 +44.07%
2012 3.87 −0.84 −17.86%
2011 4.71 +0.54 +12.85%
2010 4.17 +2.54 +155.48%
2009 1.63 −6.87 −80.79%
2008 8.5 +3.33 +64.52%
2007 5.17 −1.96 −27.49%
2006 7.13 +3.24 +83.59%
2005 3.88 +2.09 +116.45%
2004 1.79 +0.81 +82.03%
2003 0.99 +0.91 +1,196.05%
2002 0.08 −0.34 −81.73%
2001 0.42 −0.13 −23.53%
2000 0.54 +0.51 +1,654.84%
1999 0.03 +0.68 +104.81%
1998 -0.64 −0.03 −4.89%
1997 -0.61 −0.72 −684.76%
1996 0.11 −0.19 −64.29%
1995 0.29 +0.08 +34.86%
1994 0.22 +0.11 +92.92%
1993 0.11 −0.03 −18.71%
1992 0.14 +0.14 +2,880%
1991 -0.01 −0.46 −101.09%
1990 0.46 +0.5 +1,276.92%
1989 -0.04 +0.05 +56.18%
1988 -0.09 +0.14 +60.44%
1987 -0.23 +0.19 +45.39%
1986 -0.41 −0.36 −758.33%
1985 -0.05 +0.42 +89.72%
1984 -0.47 +0.48 +50.69%
1983 -0.95 −0.35 −58.1%
1982 -0.6 −1.01 −244.34%
1981 0.42 +0.06 +16.25%
1980 0.36

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.