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Current account balance — all countries

Current account balance — Trinidad and Tobago

Current account balance in Trinidad and Tobago in 2031 — 4.3%. Ranked 30 in the world out of 188. Since 1980, the indicator has fallen by 1.3 pp.

2031 4.3% +0 pp vs 2030
World rank 30of 188
Period maximum 38.3%2006
Period minimum -12%1983

Trend over time

1980–2031 · % of GDP

Current account balance — Trinidad and Tobago, 1980–2031-200204019801986199219982004201020162022202820311980: 5.6%1981: 5.8%1982: -7.2%1983: -12%1984: -5.9%1985: -0.6%1986: -8.4%1987: -4.6%1988: -1.9%1989: -0.9%1990: 8.9%1991: -0.1%1992: 2.5%1993: 2.4%1994: 4.3%1995: 5.4%1996: 1.8%1997: -10.5%1998: -10.5%1999: 0.4%2000: 6.6%2001: 4.6%2002: 0.8%2003: 8.6%2004: 13.3%2005: 24%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%2027: 4.8%2028: 5.5%2029: 4.3%2030: 4.3%2031: 4.3%
Change over the period: −1.3 pp Annual average: -0.03 pp

Comparison, 2031

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

Trinidad and Tobago 4.3%
World computed 0.28%
Latin America & Caribbean computed -1.17%
High-income countries computed 0.13%
Current account balance — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year % Change, pp
2031 4.3 +0 pp
2030 4.3 +0 pp
2029 4.3 −1.2 pp
2028 5.5 +0.7 pp
2027 4.8 +1 pp
2026 3.8 +0.7 pp
2025 3.1 +0.6 pp
2024 2.5 −9 pp
2023 11.5 +1.3 pp
2022 10.2 −0.7 pp
2021 10.9 +17.4 pp
2020 -6.5 −10.8 pp
2019 4.3 −2.5 pp
2018 6.8 +0.9 pp
2017 5.9 +9.2 pp
2016 -3.3 −11 pp
2015 7.7 −6.4 pp
2014 14.1 −5.4 pp
2013 19.5 +5.3 pp
2012 14.2 −4.1 pp
2011 18.3 −0.2 pp
2010 18.5 +10.1 pp
2009 8.4 −21.7 pp
2008 30.1 +6.5 pp
2007 23.6 −14.7 pp
2006 38.3 +14.3 pp
2005 24 +10.7 pp
2004 13.3 +4.7 pp
2003 8.6 +7.8 pp
2002 0.8 −3.8 pp
2001 4.6 −2 pp
2000 6.6 +6.2 pp
1999 0.4 +10.9 pp
1998 -10.5 +0 pp
1997 -10.5 −12.3 pp
1996 1.8 −3.6 pp
1995 5.4 +1.1 pp
1994 4.3 +1.9 pp
1993 2.4 −0.1 pp
1992 2.5 +2.6 pp
1991 -0.1 −9 pp
1990 8.9 +9.8 pp
1989 -0.9 +1 pp
1988 -1.9 +2.7 pp
1987 -4.6 +3.8 pp
1986 -8.4 −7.8 pp
1985 -0.6 +5.3 pp
1984 -5.9 +6.1 pp
1983 -12 −4.8 pp
1982 -7.2 −13 pp
1981 5.8 +0.2 pp
1980 5.6 —

Caribbean, 2031

The same indicator for neighboring countries — with links to their pages

AW Aruba 4.7 TT Trinidad and Tobago 4.3 JM Jamaica 0.5 LC Saint Lucia -1.1 DO Dominican Republic -1.7 HT Haiti -2.1 BB Barbados -5.2 BS Bahamas -5.9 AG Antigua and Barbuda -9.4 KN Saint Kitts and Nevis -11.9 GD Grenada -14.1 VC Saint Vincent and the Grenadines -16.1 DM Dominica -16.5
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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

Other indicators for Trinidad and Tobago

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Trinidad and Tobago by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Trinidad and Tobago by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Trinidad and Tobago by year
All indicators for Trinidad and Tobago