Services, Debit/Expenditure in Trinidad and Tobago

Trinidad and Tobago: Services, Debit/Expenditure was 2.71 billion in 2024. β—† Volatile

Latest (2024)
2.71 billion
Change on year
up 4.1%
World rank
110th
of 198 countries
All-time high
3.46 billion
in 2022
All-time low
326.00 million
in 2008
Years of data
20
2005–2024

Services, Debit/Expenditure in Trinidad and Tobago, 2005–2024

01.0B2.0B3.0B2005201420242005: 544.6M2006: 362.8M2007: 384.1M2008: 326.0M2009: 383.3M2010: 389.1M2011: 2.5B2012: 2.6B2013: 2.7B2014: 2.8B2015: 2.9B2016: 2.7B2017: 3.1B2018: 2.5B2019: 1.9B2020: 1.8B2021: 2.3B2022: 3.5B2023: 2.6B2024: 2.7B

Source: International Monetary Fund.

Analysis

Trinidad and Tobago recorded 2.71 billion for services, debit/expenditure in 2024.

That represents a change of up 4.1% on the previous year and down 2.5% over ten years.

Over the whole period, services, debit/expenditure in Trinidad and Tobago peaked at 3.46 billion in 2022 and was at its lowest, 326.00 million, in 2008.

That places Trinidad and Tobago 110th out of 198 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 400.16 million 326.00 million 544.60 million 5
2010s 2.41 billion 389.10 million 3.09 billion 10
2020s 2.56 billion 1.77 billion 3.46 billion 5

Countries ranked near Trinidad and Tobago

  1. 107 Guinea 3.15 billion compare
  2. 108 Cambodia 3.08 billion compare
  3. 109 Tanzania 2.80 billion compare
  4. 111 Cameroon 2.55 billion compare
  5. 112 Paraguay 2.54 billion compare
  6. 113 Bahamas, The 2.47 billion compare

See the full ranking of 207 places β†’

More trade data for Trinidad and Tobago

All data for Trinidad and Tobago β†’

Frequently asked questions

What is services, debit/expenditure in Trinidad and Tobago?
Services, debit/expenditure in Trinidad and Tobago was 2.71 billion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Trinidad and Tobago?
The highest recorded value was 3.46 billion in 2022.
What is the lowest services, debit/expenditure recorded in Trinidad and Tobago?
The lowest recorded value was 326.00 million in 2008.
How does Trinidad and Tobago rank for services, debit/expenditure?
Trinidad and Tobago ranks 110th out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in Trinidad and Tobago?
Over the last ten years it is down 2.5%. 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, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Trinidad and Tobago. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/trinidad-and-tobago/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.