Total current account debit/expenditure, Debit/Expenditure in Trinidad and Tobago
Trinidad and Tobago: Total current account debit/expenditure, Debit/Expenditure was 11.53 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Trinidad and Tobago, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Trinidad and Tobago stood at 11.53 billion.
Compared with earlier readings it is up 12.0% on the previous year and down 11.9% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Trinidad and Tobago peaked at 14.94 billion in 2012 and was at its lowest, 7.18 billion, in 2005.
That places Trinidad and Tobago 122nd out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.18 billion | — |
| 2006 | 8.12 billion | +13.1% |
| 2007 | 9.34 billion | +15.1% |
| 2008 | 11.48 billion | +22.8% |
| 2009 | 8.77 billion | -23.6% |
| 2010 | 8.33 billion | -5.0% |
| 2011 | 14.44 billion | +73.4% |
| 2012 | 14.94 billion | +3.4% |
| 2013 | 14.20 billion | -4.9% |
| 2014 | 13.09 billion | -7.8% |
| 2015 | 11.60 billion | -11.3% |
| 2016 | 11.00 billion | -5.2% |
| 2017 | 10.26 billion | -6.7% |
| 2018 | 10.83 billion | +5.5% |
| 2019 | 9.49 billion | -12.4% |
| 2020 | 8.62 billion | -9.2% |
| 2021 | 9.97 billion | +15.7% |
| 2022 | 13.93 billion | +39.7% |
| 2023 | 10.30 billion | -26.1% |
| 2024 | 11.53 billion | +12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.98 billion | 7.18 billion | 11.48 billion | 5 |
| 2010s | 11.82 billion | 8.33 billion | 14.94 billion | 10 |
| 2020s | 10.87 billion | 8.62 billion | 13.93 billion | 5 |
Countries ranked near Trinidad and Tobago
- 119 Kyrgyzstan 12.18 billion compare
- 120 Republic of Moldova 11.98 billion compare
- 121 Cameroon 11.94 billion compare
- 123 Zimbabwe 11.27 billion compare
- 124 Lao People's Democratic Republic 11.26 billion compare
- 125 Jamaica 10.68 billion compare
More trade data for Trinidad and Tobago
- Commodity Net Export Price Index, Individual Commodities Weighted by 81.09 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 92.39 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 88.4 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 66.7 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 95.69 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.76 (2025)
- Imports of low carbon technology products, Percent of GDP 1.47 (2024)
- Imports of low carbon technology products, US dollar (World), per 275.88 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0147 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 44.59 million (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Trinidad and Tobago?
- Total current account debit/expenditure, debit/expenditure in Trinidad and Tobago was 11.53 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Trinidad and Tobago?
- The highest recorded value was 14.94 billion in 2012.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Trinidad and Tobago?
- The lowest recorded value was 7.18 billion in 2005.
- How does Trinidad and Tobago rank for total current account debit/expenditure, debit/expenditure?
- Trinidad and Tobago ranks 122nd out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.