Current account balance in Trinidad and Tobago
Trinidad and Tobago: Current account balance was 1.25 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Trinidad and Tobago, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Trinidad and Tobago recorded 1.25 billion BoP, current US$ for current account balance in 2025.
The figure is up 93.4% on the previous year and down 39.3% over ten years.
Over the whole period, current account balance in Trinidad and Tobago peaked at 8.50 billion BoP, current US$ in 2008 and was at its lowest, -1.36 billion BoP, current US$, in 2020.
That places Trinidad and Tobago 49th out of 199 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Trinidad and Tobago, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 340.31 million BoP, current US$ | — |
| 1976 | 260.90 million BoP, current US$ | -23.3% |
| 1977 | 182.83 million BoP, current US$ | -29.9% |
| 1978 | 54.42 million BoP, current US$ | -70.2% |
| 1979 | -19.17 million BoP, current US$ | -135.2% |
| 1980 | 356.96 million BoP, current US$ | -1962.4% |
| 1981 | 414.62 million BoP, current US$ | +16.2% |
| 1982 | -599.46 million BoP, current US$ | -244.6% |
| 1983 | -946.58 million BoP, current US$ | +57.9% |
| 1984 | -466.67 million BoP, current US$ | -50.7% |
| 1985 | -47.88 million BoP, current US$ | -89.7% |
| 1986 | -411.94 million BoP, current US$ | +760.4% |
| 1987 | -224.97 million BoP, current US$ | -45.4% |
| 1988 | -88.56 million BoP, current US$ | -60.6% |
| 1989 | -38.54 million BoP, current US$ | -56.5% |
| 1990 | 458.99 million BoP, current US$ | -1290.9% |
| 1991 | -4.66 million BoP, current US$ | -101.0% |
| 1992 | 138.89 million BoP, current US$ | -3081.3% |
| 1993 | 113.10 million BoP, current US$ | -18.6% |
| 1994 | 217.81 million BoP, current US$ | +92.6% |
| 1995 | 293.82 million BoP, current US$ | +34.9% |
| 1996 | 105.14 million BoP, current US$ | -64.2% |
| 1997 | -613.61 million BoP, current US$ | -683.6% |
| 1998 | -643.52 million BoP, current US$ | +4.9% |
| 1999 | 30.60 million BoP, current US$ | -104.8% |
| 2000 | 544.30 million BoP, current US$ | +1678.8% |
| 2001 | 416.00 million BoP, current US$ | -23.6% |
| 2002 | 76.40 million BoP, current US$ | -81.6% |
| 2003 | 984.70 million BoP, current US$ | +1188.9% |
| 2004 | 1.79 billion BoP, current US$ | +82.1% |
| 2005 | 3.88 billion BoP, current US$ | +116.5% |
| 2006 | 7.12 billion BoP, current US$ | +83.6% |
| 2007 | 5.17 billion BoP, current US$ | -27.5% |
| 2008 | 8.50 billion BoP, current US$ | +64.5% |
| 2009 | 1.63 billion BoP, current US$ | -80.8% |
| 2010 | 4.17 billion BoP, current US$ | +155.5% |
| 2011 | 4.71 billion BoP, current US$ | +12.8% |
| 2012 | 3.87 billion BoP, current US$ | -17.9% |
| 2013 | 5.57 billion BoP, current US$ | +44.1% |
| 2014 | 4.15 billion BoP, current US$ | -25.4% |
| 2015 | 2.06 billion BoP, current US$ | -50.5% |
| 2016 | -776.38 million BoP, current US$ | -137.7% |
| 2017 | 1.41 billion BoP, current US$ | -281.5% |
| 2018 | 1.63 billion BoP, current US$ | +15.4% |
| 2019 | 1.02 billion BoP, current US$ | -37.3% |
| 2020 | -1.36 billion BoP, current US$ | -233.0% |
| 2021 | 2.63 billion BoP, current US$ | -293.8% |
| 2022 | 2.88 billion BoP, current US$ | +9.6% |
| 2023 | 2.89 billion BoP, current US$ | +0.3% |
| 2024 | 645.48 million BoP, current US$ | -77.7% |
| 2025 | 1.25 billion BoP, current US$ | +93.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 163.86 million BoP, current US$ | -19.17 million BoP, current US$ | 340.31 million BoP, current US$ | 5 |
| 1980s | -205.30 million BoP, current US$ | -946.58 million BoP, current US$ | 414.62 million BoP, current US$ | 10 |
| 1990s | 9.66 million BoP, current US$ | -643.52 million BoP, current US$ | 458.99 million BoP, current US$ | 10 |
| 2000s | 3.01 billion BoP, current US$ | 76.40 million BoP, current US$ | 8.50 billion BoP, current US$ | 10 |
| 2010s | 2.78 billion BoP, current US$ | -776.38 million BoP, current US$ | 5.57 billion BoP, current US$ | 10 |
| 2020s | 1.49 billion BoP, current US$ | -1.36 billion BoP, current US$ | 2.89 billion BoP, current US$ | 6 |
Countries ranked near Trinidad and Tobago
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)
- GNI (current LCU), annual growth rate -0.0611 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 6.56 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 124,422 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -78.57 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -78.53 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 27.74 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.054 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 1,011 current US$ per person (2024)
Frequently asked questions
- What is current account balance in Trinidad and Tobago?
- Current account balance in Trinidad and Tobago was 1.25 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Trinidad and Tobago?
- The highest recorded value was 8.50 billion BoP, current US$ in 2008.
- What is the lowest current account balance recorded in Trinidad and Tobago?
- The lowest recorded value was -1.36 billion BoP, current US$ in 2020.
- How does Trinidad and Tobago rank for current account balance?
- Trinidad and Tobago ranks 49th out of 199 countries with data for 2025.
- Is current account balance rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 39.3%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.