Trinidad and Tobago recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2018.
Government Budget in Trinidad and Tobago averaged -0.47 percent of GDP from 1993 until 2018, reaching an all time high of 7.30 percent of GDP in 2008 and a record low of -9 percent of GDP in 2017. This page provides - Trinidad and Tobago Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Statistical Office, Trinidad and Tobago
Government Budget in Trinidad and Tobago is expected to be -8.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago Government Budget is projected to trend around -5.70 percent of GDP in 2020, according to our econometric models.