Volume of remittances (in United States dollars) … total in Trinidad and Tobago
Trinidad and Tobago: Volume of remittances (in United States dollars) … total was 0.8% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Trinidad and Tobago, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Trinidad and Tobago stood at 0.8%.
Compared with earlier readings it is down 3.9% on the previous year and up 58.1% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Trinidad and Tobago peaked at 1.0% in 2021 and was at its lowest, 0.3%, in 2008.
Trinidad and Tobago ranks 144th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) … total in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.5% | — |
| 2001 | 0.5% | -0.8% |
| 2002 | 0.9% | +89.5% |
| 2003 | 0.8% | -12.6% |
| 2004 | 0.7% | -14.8% |
| 2005 | 0.6% | -11.6% |
| 2006 | 0.5% | -14.1% |
| 2007 | 0.5% | +1.8% |
| 2008 | 0.3% | -32.9% |
| 2009 | 0.6% | +68.1% |
| 2010 | 0.4% | -28.0% |
| 2011 | 0.6% | +55.1% |
| 2012 | 0.5% | -19.7% |
| 2013 | 0.5% | -0.6% |
| 2014 | 0.5% | -3.3% |
| 2015 | 0.6% | +17.7% |
| 2016 | 0.6% | +6.3% |
| 2017 | 0.6% | -7.7% |
| 2018 | 0.6% | +2.5% |
| 2019 | 0.6% | +5.6% |
| 2020 | 0.9% | +51.7% |
| 2021 | 1.0% | +3.8% |
| 2022 | 0.7% | -25.4% |
| 2023 | 0.8% | +12.1% |
| 2024 | 0.8% | -3.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.8% is above the median for high income countries, which is 0.7%, 1.1× the median. (66 countries reporting)
- Trinidad and Tobago's 0.8% is below the median for Latin America & Caribbean, which is 2.8%, 27% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.3% | 0.9% | 10 |
| 2010s | 0.6% | 0.4% | 0.6% | 10 |
| 2020s | 0.8% | 0.7% | 1.0% | 5 |
Countries ranked near Trinidad and Tobago
More economy & growth data for Trinidad and Tobago
- Real gdp growth, annual growth rate 71.15 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 785.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 573.82 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Trinidad and Tobago?
- Volume of remittances (in united states dollars) as a proportion of in Trinidad and Tobago was 0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Trinidad and Tobago?
- The highest recorded value was 1.0% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Trinidad and Tobago?
- The lowest recorded value was 0.3% in 2008.
- How does Trinidad and Tobago rank for volume of remittances (in united states dollars) as a proportion of?
- Trinidad and Tobago ranks 144th out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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