Africa's Development: Public finances General government … 16 in Trinidad and Tobago
Trinidad and Tobago: Africa's Development: Public finances General government … 16 was 28.04 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Trinidad and Tobago, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Trinidad and Tobago recorded 28.04 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2029.
That represents a change of down 0.6% on the previous year and down 8.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Trinidad and Tobago peaked at 37.04 Percentage of GDP in 2009 and was at its lowest, 22.24 Percentage of GDP, in 2003.
That places Trinidad and Tobago 81st out of 166 countries with data for 2029, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development: Public finances General government … 16 in Trinidad and Tobago, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 23.09 Percentage of GDP | — |
| 2001 | 24.82 Percentage of GDP | +7.5% |
| 2002 | 24.42 Percentage of GDP | -1.6% |
| 2003 | 22.24 Percentage of GDP | -8.9% |
| 2004 | 22.47 Percentage of GDP | +1.0% |
| 2005 | 26.74 Percentage of GDP | +19.0% |
| 2006 | 31.59 Percentage of GDP | +18.1% |
| 2007 | 25.74 Percentage of GDP | -18.5% |
| 2008 | 26.67 Percentage of GDP | +3.6% |
| 2009 | 37.04 Percentage of GDP | +38.9% |
| 2010 | 30.42 Percentage of GDP | -17.9% |
| 2011 | 29.4 Percentage of GDP | -3.3% |
| 2012 | 29.29 Percentage of GDP | -0.4% |
| 2013 | 31.18 Percentage of GDP | +6.4% |
| 2014 | 32.53 Percentage of GDP | +4.3% |
| 2015 | 34.78 Percentage of GDP | +6.9% |
| 2016 | 31.77 Percentage of GDP | -8.6% |
| 2017 | 30.48 Percentage of GDP | -4.1% |
| 2018 | 29.36 Percentage of GDP | -3.7% |
| 2019 | 30.77 Percentage of GDP | +4.8% |
| 2020 | 36.34 Percentage of GDP | +18.1% |
| 2021 | 29.96 Percentage of GDP | -17.5% |
| 2022 | 26.24 Percentage of GDP | -12.4% |
| 2023 | 30.29 Percentage of GDP | +15.4% |
| 2024 | 28.9 Percentage of GDP | -4.6% |
| 2025 | 29.32 Percentage of GDP | +1.5% |
| 2026 | 28.84 Percentage of GDP | -1.6% |
| 2027 | 28.59 Percentage of GDP | -0.9% |
| 2028 | 28.22 Percentage of GDP | -1.3% |
| 2029 | 28.04 Percentage of GDP | -0.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 28.04 Percentage of GDP is below the median for high income countries, which is 37.73 Percentage of GDP, 74% of the median. (52 countries reporting)
- Trinidad and Tobago's 28.04 Percentage of GDP is above the median for Latin America & Caribbean, which is 26.08 Percentage of GDP, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.48 Percentage of GDP | 22.24 Percentage of GDP | 37.04 Percentage of GDP | 10 |
| 2010s | 31 Percentage of GDP | 29.29 Percentage of GDP | 34.78 Percentage of GDP | 10 |
| 2020s | 29.48 Percentage of GDP | 26.24 Percentage of GDP | 36.34 Percentage of GDP | 10 |
Countries ranked near Trinidad and Tobago
- 78 Saudi Arabia 28.98 Percentage of GDP compare
- 79 Jordan 28.84 Percentage of GDP compare
- 80 Botswana 28.3 Percentage of GDP compare
- 82 Saint Vincent and the Grenadines 27.39 Percentage of GDP compare
- 83 Mauritius 27.23 Percentage of GDP compare
- 84 Burkina Faso 27.22 Percentage of GDP compare
More economy & growth data for Trinidad and Tobago
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.79 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 785.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 573.82 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0186 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Trinidad and Tobago?
- Africa's development dynamics (afdd) table 16 - public finances in Trinidad and Tobago was 28.04 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Trinidad and Tobago?
- The highest recorded value was 37.04 Percentage of GDP in 2009.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Trinidad and Tobago?
- The lowest recorded value was 22.24 Percentage of GDP in 2003.
- How does Trinidad and Tobago rank for africa's development dynamics (afdd) table 16 - public finances?
- Trinidad and Tobago ranks 81st out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.