Total Expenditure (central government) — Value US$, 2015 prices in Trinidad and Tobago
Trinidad and Tobago: Total Expenditure (central government) — Value US$, 2015 prices was 8,087 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Trinidad and Tobago, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$, 2015 prices in Trinidad and Tobago is 8,087 million USD, measured in 2024.
The figure is down 1.8% on the previous year and down 13.6% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Trinidad and Tobago peaked at 10,000 million USD in 2015 and was at its lowest, 3,471 million USD, in 2001.
That places Trinidad and Tobago 88th out of 173 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Trinidad and Tobago, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 3,471 million USD | — |
| 2002 | 3,882 million USD | +11.9% |
| 2003 | 3,979 million USD | +2.5% |
| 2004 | 4,447 million USD | +11.8% |
| 2005 | 4,857 million USD | +9.2% |
| 2006 | 7,283 million USD | +49.9% |
| 2007 | 6,883 million USD | -5.5% |
| 2008 | 7,530 million USD | +9.4% |
| 2009 | 8,969 million USD | +19.1% |
| 2010 | 8,135 million USD | -9.3% |
| 2011 | 7,433 million USD | -8.6% |
| 2012 | 7,852 million USD | +5.6% |
| 2013 | 8,659 million USD | +10.3% |
| 2014 | 9,357 million USD | +8.1% |
| 2015 | 10,000 million USD | +6.9% |
| 2016 | 8,736 million USD | -12.6% |
| 2017 | 8,341 million USD | -4.5% |
| 2018 | 7,711 million USD | -7.6% |
| 2019 | 7,257 million USD | -5.9% |
| 2020 | 7,440 million USD | +2.5% |
| 2021 | 7,030 million USD | -5.5% |
| 2022 | 6,386 million USD | -9.2% |
| 2023 | 8,233 million USD | +28.9% |
| 2024 | 8,087 million USD | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,700 million USD | 3,471 million USD | 8,969 million USD | 9 |
| 2010s | 8,348 million USD | 7,257 million USD | 10,000 million USD | 10 |
| 2020s | 7,435 million USD | 6,386 million USD | 8,233 million USD | 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)
- 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)
- 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)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Trinidad and Tobago?
- Total expenditure (central government) — value us$, 2015 prices in Trinidad and Tobago was 8,087 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 10,000 million USD in 2015.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was 3,471 million USD in 2001.
- How does Trinidad and Tobago rank for total expenditure (central government) — value us$, 2015 prices?
- Trinidad and Tobago ranks 88th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 13.6%. 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 US$, 2015 prices. 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.