Total Expenditure (central government) — Value US$ in Trinidad and Tobago
Trinidad and Tobago: Total Expenditure (central government) — Value US$ was 9,653 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$ 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$ in Trinidad and Tobago is 9,653 million USD, measured in 2024.
The figure is up 0.2% on the previous year and down 5.5% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Trinidad and Tobago peaked at 10,217 million USD in 2014 and was at its lowest, 2,226 million USD, in 2001.
Trinidad and Tobago ranks 89th of 173 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 US$ in Trinidad and Tobago, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 2,226 million USD | — |
| 2002 | 2,354 million USD | +5.8% |
| 2003 | 2,646 million USD | +12.4% |
| 2004 | 3,219 million USD | +21.6% |
| 2005 | 3,983 million USD | +23.7% |
| 2006 | 6,047 million USD | +51.8% |
| 2007 | 6,445 million USD | +6.6% |
| 2008 | 8,782 million USD | +36.3% |
| 2009 | 7,527 million USD | -14.3% |
| 2010 | 7,624 million USD | +1.3% |
| 2011 | 8,032 million USD | +5.4% |
| 2012 | 8,462 million USD | +5.4% |
| 2013 | 9,500 million USD | +12.3% |
| 2014 | 10,217 million USD | +7.5% |
| 2015 | 10,000 million USD | -2.1% |
| 2016 | 8,304 million USD | -17.0% |
| 2017 | 8,409 million USD | +1.3% |
| 2018 | 7,864 million USD | -6.5% |
| 2019 | 7,274 million USD | -7.5% |
| 2020 | 7,284 million USD | +0.1% |
| 2021 | 8,001 million USD | +9.8% |
| 2022 | 8,479 million USD | +6.0% |
| 2023 | 9,635 million USD | +13.6% |
| 2024 | 9,653 million USD | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,803 million USD | 2,226 million USD | 8,782 million USD | 9 |
| 2010s | 8,569 million USD | 7,274 million USD | 10,217 million USD | 10 |
| 2020s | 8,611 million USD | 7,284 million USD | 9,653 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)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2811 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 5,267 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 2.37 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 44,334 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 0.429 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5918 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Trinidad and Tobago?
- Total expenditure (central government) — value us$ in Trinidad and Tobago was 9,653 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Trinidad and Tobago?
- The highest recorded value was 10,217 million USD in 2014.
- What is the lowest total expenditure (central government) — value us$ recorded in Trinidad and Tobago?
- The lowest recorded value was 2,226 million USD in 2001.
- How does Trinidad and Tobago rank for total expenditure (central government) — value us$?
- Trinidad and Tobago ranks 89th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 5.5%. 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 US$. 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.