Historical gov spending gdp in Trinidad and Tobago
Trinidad and Tobago: Historical gov spending gdp was 32.48 in 2024. ▲ Rising
Latest (2024)
32.48
Change on year
up 0.2%
World rank
70th
of 151 countries
All-time high
45.34
in 1988
All-time low
23.34
in 2004
Years of data
37
1988–2024
Historical gov spending gdp in Trinidad and Tobago, 1988–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Trinidad and Tobago stood at 32.48.
Compared with earlier readings it is up 0.2% on the previous year and down 1.6% over ten years.
Over the whole period, historical gov spending gdp in Trinidad and Tobago peaked at 45.34 in 1988 and was at its lowest, 23.34, in 2004.
Trinidad and Tobago ranks 70th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Historical gov spending gdp in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 45.34 | — |
| 1989 | 30.86 | -31.9% |
| 1990 | 27.88 | -9.7% |
| 1991 | 29.99 | +7.6% |
| 1992 | 28.79 | -4.0% |
| 1993 | 27.28 | -5.2% |
| 1994 | 26.48 | -2.9% |
| 1995 | 26.73 | +1.0% |
| 1996 | 28.16 | +5.3% |
| 1997 | 27.41 | -2.7% |
| 1998 | 27.25 | -0.6% |
| 1999 | 24.83 | -8.9% |
| 2000 | 24.09 | -3.0% |
| 2001 | 25.22 | +4.7% |
| 2002 | 24.56 | -2.6% |
| 2003 | 23.46 | -4.5% |
| 2004 | 23.34 | -0.5% |
| 2005 | 27.91 | +19.6% |
| 2006 | 32.67 | +17.1% |
| 2007 | 26.77 | -18.0% |
| 2008 | 28.2 | +5.3% |
| 2009 | 33.4 | +18.4% |
| 2010 | 31.52 | -5.6% |
| 2011 | 30.4 | -3.6% |
| 2012 | 29.89 | -1.7% |
| 2013 | 31.75 | +6.2% |
| 2014 | 32.99 | +3.9% |
| 2015 | 34.13 | +3.5% |
| 2016 | 31.23 | -8.5% |
| 2017 | 30.94 | -0.9% |
| 2018 | 30.21 | -2.4% |
| 2019 | 31.01 | +2.6% |
| 2020 | 35.11 | +13.2% |
| 2021 | 31.39 | -10.6% |
| 2022 | 28.27 | -10.0% |
| 2023 | 32.43 | +14.7% |
| 2024 | 32.48 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.1 | 30.86 | 45.34 | 2 |
| 1990s | 27.48 | 24.83 | 29.99 | 10 |
| 2000s | 26.96 | 23.34 | 33.4 | 10 |
| 2010s | 31.41 | 29.89 | 34.13 | 10 |
| 2020s | 31.93 | 28.27 | 35.11 | 5 |
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)
- GDP (current US$), annual growth rate 1.21 % change on previous year (2025)
- GDP (current US$), per capita 18,967 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.19 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 6.75 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 128,006 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate -0.7876 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8536 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,191 constant 2015 US$ per person (2025)
Frequently asked questions
- What is historical gov spending gdp in Trinidad and Tobago?
- Historical gov spending gdp in Trinidad and Tobago was 32.48 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Trinidad and Tobago?
- The highest recorded value was 45.34 in 1988.
- What is the lowest historical gov spending gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 23.34 in 2004.
- How does Trinidad and Tobago rank for historical gov spending gdp?
- Trinidad and Tobago ranks 70th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
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