Total Expenditure (central government) — Value Standard Local Currency in Trinidad and Tobago
Trinidad and Tobago: Total Expenditure (central government) — Value Standard Local Currency was 65,156 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Trinidad and Tobago, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Trinidad and Tobago is 65,156 million SLC, measured in 2024.
Compared with earlier readings it is up 0.2% on the previous year and down 0.5% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Trinidad and Tobago peaked at 65,481 million SLC in 2014 and was at its lowest, 13,872 million SLC, in 2001.
Trinidad and Tobago ranks 112th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Trinidad and Tobago, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 13,872 million SLC | — |
| 2002 | 14,712 million SLC | +6.1% |
| 2003 | 16,658 million SLC | +13.2% |
| 2004 | 20,274 million SLC | +21.7% |
| 2005 | 25,091 million SLC | +23.8% |
| 2006 | 38,171 million SLC | +52.1% |
| 2007 | 40,784 million SLC | +6.8% |
| 2008 | 55,236 million SLC | +35.4% |
| 2009 | 47,610 million SLC | -13.8% |
| 2010 | 48,608 million SLC | +2.1% |
| 2011 | 51,483 million SLC | +5.9% |
| 2012 | 54,410 million SLC | +5.7% |
| 2013 | 61,205 million SLC | +12.5% |
| 2014 | 65,481 million SLC | +7.0% |
| 2015 | 63,775 million SLC | -2.6% |
| 2016 | 55,378 million SLC | -13.2% |
| 2017 | 57,006 million SLC | +2.9% |
| 2018 | 53,246 million SLC | -6.6% |
| 2019 | 49,130 million SLC | -7.7% |
| 2020 | 49,178 million SLC | +0.1% |
| 2021 | 54,074 million SLC | +10.0% |
| 2022 | 57,271 million SLC | +5.9% |
| 2023 | 65,041 million SLC | +13.6% |
| 2024 | 65,156 million SLC | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30,268 million SLC | 13,872 million SLC | 55,236 million SLC | 9 |
| 2010s | 55,972 million SLC | 48,608 million SLC | 65,481 million SLC | 10 |
| 2020s | 58,144 million SLC | 49,178 million SLC | 65,156 million SLC | 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)
- Total reserves minus gold (current US$), annual growth rate -11.24 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.2121 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 3,974 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per capita 23,464 current LCU per person (2023)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Trinidad and Tobago?
- Total expenditure (central government) — value standard local currency in Trinidad and Tobago was 65,156 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Trinidad and Tobago?
- The highest recorded value was 65,481 million SLC in 2014.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Trinidad and Tobago?
- The lowest recorded value was 13,872 million SLC in 2001.
- How does Trinidad and Tobago rank for total expenditure (central government) — value standard local currency?
- Trinidad and Tobago ranks 112th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.