Markets Actual Q2 Q3 Q4 Q1 2020
Currency 6.73 6.76 6.8 6.83 6.87 6.95
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -1.90 -0.5 1.1 -0.5 0.6 1.5
Unemployment Rate (%) 4.40 5.4 5.5 5.5 5.1 5
Inflation Rate (%) 1.20 1.5 1.5 1.5 1.6 1.7
Interest Rate (%) 5.00 5 5 5 5.25 5.25
Balance of Trade (USD Million) 690.20 1216 600 1251 1100 1264
Current Account (USD Million) 68.30 370 750 200 500 -100
Current Account to GDP (%) 4.90 5 5 5 6 6
Government Debt to GDP (%) 61.00 63 63 63 65 65
Government Budget (% of GDP) -8.50 -8.3 -8.3 -8.3 -8 -8
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -1.90 -0.5 1.1 -0.5 0.6 1.5
GDP (USD Billion) 22.10 29 29 29 34 34
GDP per capita (USD) 15350.90 15200 15200 15200 15400 15400
GDP per capita PPP (USD) 28763.10 28500 28500 28500 28600 28600
GDP Growth Rate (%) -2.80 -0.1 -0.2 -0.5 0.8 0.8
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 4.40 5.4 5.5 5.5 5.1 5
Unemployed Persons (Thousand) 27.30 31.64 32 31.87 31.87 32.63
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 1.20 1.5 1.5 1.5 1.6 1.7
Producer Prices (Index Points) 604.30 608 609 609 609 612
Food Inflation (%) -0.30 0.7 0.9 1 1 1.3
Consumer Price Index Cpi (Index Points) 108.40 109 109 110 110 112
Cpi Transportation (Index Points) 108.50 107 107 110 110 112
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 5.00 5 5 5 5.25 5.25
Deposit Interest Rate (%) 1.50 1.5 1.5 1.5 1.5 1.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 690.20 1216 600 1251 1100 1264
Current Account (USD Million) 68.30 370 750 200 500 -100
Current Account to GDP (%) 4.90 5 5 5 6 6
External Debt (TTD Million) 25658.80 27500 28500 28500 28500 30000
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 61.00 63 63 63 65 65
Government Budget (% of GDP) -8.50 -8.3 -8.3 -8.3 -8 -8
Government Debt (TTD Million) 94730.60 99500 99900 99990 99990 100500
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Business Actual Q2 Q3 Q4 Q1 2020
Industrial Production (%) 9.50 1.4 1.5 1.5 1.7 1.7
Consumer Actual Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 0.39 0.35 0.34 0.33 0.32 0.32


This page has economic forecasts for Trinidad and Tobago including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Trinidad and Tobago economy.