Current account balance in Trinidad and Tobago
Trinidad and Tobago: Current account balance was 4.8% 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 % of GDP.
Analysis
In 2025, current account balance in Trinidad and Tobago stood at 4.8%.
Compared with earlier readings it is up 91.1% on the previous year and down 37.2% over ten years.
Over the whole period, current account balance in Trinidad and Tobago peaked at 38.8% in 2006 and was at its lowest, -12.2%, in 1983.
That places Trinidad and Tobago 42nd out of 200 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 | % of GDP | Change |
|---|---|---|
| 1975 | 13.9% | — |
| 1976 | 10.4% | -25.1% |
| 1977 | 5.8% | -44.2% |
| 1978 | 1.5% | -73.8% |
| 1979 | -0.4% | -127.3% |
| 1980 | 5.7% | -1474.6% |
| 1981 | 5.9% | +3.6% |
| 1982 | -7.4% | -224.2% |
| 1983 | -12.2% | +65.6% |
| 1984 | -6.0% | -50.7% |
| 1985 | -0.6% | -89.2% |
| 1986 | -8.6% | +1223.7% |
| 1987 | -4.7% | -45.4% |
| 1988 | -2.0% | -58.0% |
| 1989 | -0.9% | -54.7% |
| 1990 | 9.1% | -1115.9% |
| 1991 | -0.1% | -101.0% |
| 1992 | 2.6% | -3009.2% |
| 1993 | 2.4% | -5.1% |
| 1994 | 4.4% | +81.8% |
| 1995 | 5.5% | +25.2% |
| 1996 | 1.8% | -66.9% |
| 1997 | -10.7% | -685.8% |
| 1998 | -10.6% | -0.4% |
| 1999 | 0.4% | -104.2% |
| 2000 | 6.7% | +1385.3% |
| 2001 | 4.7% | -29.4% |
| 2002 | 0.8% | -82.0% |
| 2003 | 8.7% | +927.0% |
| 2004 | 13.5% | +55.0% |
| 2005 | 24.3% | +79.9% |
| 2006 | 38.8% | +59.7% |
| 2007 | 23.9% | -38.5% |
| 2008 | 30.5% | +27.7% |
| 2009 | 8.5% | -72.1% |
| 2010 | 18.8% | +121.1% |
| 2011 | 18.5% | -1.7% |
| 2012 | 14.2% | -23.1% |
| 2013 | 19.5% | +37.0% |
| 2014 | 14.1% | -27.7% |
| 2015 | 7.7% | -45.6% |
| 2016 | -3.3% | -142.9% |
| 2017 | 5.9% | -279.9% |
| 2018 | 6.8% | +15.1% |
| 2019 | 4.3% | -36.2% |
| 2020 | -6.5% | -249.4% |
| 2021 | 10.9% | -267.2% |
| 2022 | 10.2% | -6.3% |
| 2023 | 11.5% | +13.5% |
| 2024 | 2.5% | -78.2% |
| 2025 | 4.8% | +91.1% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 4.8% is above the median for high income countries, which is 1.4%, 3.5× the median. (72 countries reporting)
- Trinidad and Tobago's 4.8% is above the median for Latin America & Caribbean, which is -1.9%. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +3009.2% | -0.1% | 2.6% |
| 1980 | +1474.6% | -0.4% | 5.7% |
| 2000 | +1385.3% | 0.4% | 6.7% |
| 1986 | -1223.7% | -0.6% | -8.6% |
| 1990 | +1115.9% | -0.9% | 9.1% |
| 2003 | +927.0% | 0.8% | 8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | -0.4% | 13.9% | 5 |
| 1980s | -3.1% | -12.2% | 5.9% | 10 |
| 1990s | 0.5% | -10.7% | 9.1% | 10 |
| 2000s | 16.0% | 0.8% | 38.8% | 10 |
| 2010s | 10.7% | -3.3% | 19.5% | 10 |
| 2020s | 5.6% | -6.5% | 11.5% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is current account balance in Trinidad and Tobago?
- Current account balance in Trinidad and Tobago was 4.8% 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 38.8% in 2006.
- What is the lowest current account balance recorded in Trinidad and Tobago?
- The lowest recorded value was -12.2% in 1983.
- How does Trinidad and Tobago rank for current account balance?
- Trinidad and Tobago ranks 42nd out of 200 countries with data for 2025.
- Is current account balance rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 37.2%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.