Inflation of consumer prices in Trinidad and Tobago
Trinidad and Tobago: Inflation of consumer prices was 1.0% in 2025. ◆ Volatile
Inflation of consumer prices in Trinidad and Tobago, 1960–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for inflation of consumer prices in Trinidad and Tobago is 1.0%, measured in 2025.
The figure is up 88.7% on the previous year and down 78.7% over ten years.
Over the whole period, inflation of consumer prices in Trinidad and Tobago peaked at 22.0% in 1974 and was at its lowest, 0.5%, in 2024.
Trinidad and Tobago ranks 152nd of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation of consumer prices in Trinidad and Tobago, year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 2.1% | — |
| 1961 | 1.5% | -26.8% |
| 1962 | 3.0% | +95.9% |
| 1963 | 3.8% | +26.1% |
| 1964 | 0.9% | -77.0% |
| 1965 | 1.8% | +106.3% |
| 1966 | 4.1% | +129.8% |
| 1967 | 2.1% | -47.8% |
| 1968 | 8.2% | +285.3% |
| 1969 | 2.4% | -70.4% |
| 1970 | 2.5% | +3.6% |
| 1971 | 3.5% | +39.9% |
| 1972 | 9.3% | +163.4% |
| 1973 | 14.8% | +59.2% |
| 1974 | 22.0% | +48.7% |
| 1975 | 17.0% | -22.9% |
| 1976 | 10.7% | -37.0% |
| 1977 | 11.7% | +9.8% |
| 1978 | 10.3% | -12.7% |
| 1979 | 14.7% | +43.5% |
| 1980 | 17.5% | +18.7% |
| 1981 | 14.3% | -18.0% |
| 1982 | 11.6% | -18.8% |
| 1983 | 15.2% | +30.4% |
| 1984 | 13.3% | -12.1% |
| 1985 | 7.6% | -42.8% |
| 1986 | 7.7% | +0.9% |
| 1987 | 10.8% | +39.7% |
| 1988 | 7.8% | -27.8% |
| 1989 | 11.4% | +47.3% |
| 1990 | 11.1% | -3.2% |
| 1991 | 3.8% | -65.8% |
| 1992 | 6.4% | +70.2% |
| 1993 | 10.8% | +68.3% |
| 1994 | 8.8% | -18.6% |
| 1995 | 5.2% | -41.2% |
| 1996 | 3.4% | -34.3% |
| 1997 | 3.6% | +6.5% |
| 1998 | 5.6% | +54.8% |
| 1999 | 3.4% | -38.7% |
| 2000 | 3.6% | +3.4% |
| 2001 | 5.5% | +55.7% |
| 2002 | 4.2% | -25.0% |
| 2003 | 3.8% | -8.2% |
| 2004 | 3.7% | -2.3% |
| 2005 | 6.9% | +84.7% |
| 2006 | 8.3% | +21.2% |
| 2007 | 7.9% | -5.2% |
| 2008 | 12.0% | +52.4% |
| 2009 | 7.0% | -42.0% |
| 2010 | 10.5% | +51.2% |
| 2011 | 5.1% | -51.6% |
| 2012 | 9.3% | +81.3% |
| 2013 | 5.2% | -43.8% |
| 2014 | 5.7% | +9.3% |
| 2015 | 4.7% | -18.0% |
| 2016 | 3.1% | -34.1% |
| 2017 | 1.9% | -38.8% |
| 2018 | 1.0% | -45.8% |
| 2019 | 1.0% | -1.8% |
| 2020 | 0.6% | -40.1% |
| 2021 | 2.1% | +243.8% |
| 2022 | 5.8% | +183.0% |
| 2023 | 4.6% | -20.6% |
| 2024 | 0.5% | -88.6% |
| 2025 | 1.0% | +88.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.0% | 0.9% | 8.2% | 10 |
| 1970s | 11.7% | 2.5% | 22.0% | 10 |
| 1980s | 11.7% | 7.6% | 17.5% | 10 |
| 1990s | 6.2% | 3.4% | 11.1% | 10 |
| 2000s | 6.3% | 3.6% | 12.0% | 10 |
| 2010s | 4.7% | 1.0% | 10.5% | 10 |
| 2020s | 2.4% | 0.5% | 5.8% | 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)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate -2.42 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Agriculture, forestry, and fishing, value added (current LCU), annual -4.75 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0525 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is inflation of consumer prices in Trinidad and Tobago?
- Inflation of consumer prices in Trinidad and Tobago was 1.0% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Trinidad and Tobago?
- The highest recorded value was 22.0% in 1974.
- What is the lowest inflation of consumer prices recorded in Trinidad and Tobago?
- The lowest recorded value was 0.5% in 2024.
- How does Trinidad and Tobago rank for inflation of consumer prices?
- Trinidad and Tobago ranks 152nd out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 78.7%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.