Trinidad and Tobago recorded a government debt equivalent to 61 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Trinidad and Tobago averaged 27.56 percent from 1955 until 2018, reaching an all time high of 62.70 percent in 2017 and a record low of 9.50 percent in 1958.

Government Debt to GDP in Trinidad and Tobago is expected to be 63.00 percent 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 Debt to GDP is projected to trend around 60.00 percent in 2020, according to our econometric models.

Trinidad and Tobago Government Debt to GDP
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Trinidad and Tobago Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.00 62.70 62.70 9.50 percent [+]
Government Budget -8.50 -5.30 7.30 -8.50 percent of GDP [+]
Military Expenditure 165.00 203.00 233.00 33.40 USD Million [+]
Credit Rating 67.50 [+]
Government Budget Value 1278.90 1882.30 7897.00 -5107.40 TTD Million [+]
Government Debt 95180.30 94730.60 95180.30 19920.40 TTD Million [+]
Government Revenues 3739.80 7859.90 11120.00 206.10 TTD Million [+]
Fiscal Expenditure 2461.00 5977.60 11061.20 390.60 TTD Million [+]


Trinidad and Tobago Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Trinidad and Tobago Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad and Tobago Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
61.00 62.70 62.70 9.50 1955 - 2018 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 105.40 Dec/17
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 47.60 Dec/17
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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