Trinidad and Tobago recorded a government debt equivalent to 63.20 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Trinidad and Tobago

Government Debt to GDP in Trinidad and Tobago averaged 28.11 percent from 1955 until 2019, reaching an all time high of 63.20 percent in 2019 and a record low of 9.50 percent in 1958. 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 - values, historical data and charts - was last updated on April of 2021.

Government Debt to GDP in Trinidad and Tobago is expected to reach 68.00 percent by the end of 2020, 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 67.00 percent in 2021 and 63.00 percent in 2022, according to our econometric models.

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Trinidad and Tobago Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
63.20 61.00 63.20 9.50 1955 - 2019 percent Yearly

Trinidad and Tobago Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.20 61.00 63.20 9.50 percent [+]
Government Budget -2.40 -3.60 7.30 -8.90 percent of GDP [+]
Military Expenditure 165.00 162.00 236.00 33.80 USD Million [+]
Credit Rating 52.00 [+]
Government Budget Value 1707.70 -1474.10 7897.00 -5107.40 TTD Million [+]
Government Debt 101002.00 101162.00 101856.00 19920.40 TTD Million [+]
Government Revenues 4666.10 1694.30 11120.00 206.10 TTD Million [+]
Fiscal Expenditure 3559.10 3413.40 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.