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. source: Central Bank of Trinidad and Tobago

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.

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Trinidad and Tobago Government Debt to GDP

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

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.

Trinidad and Tobago Government Last Previous Highest Lowest Unit
Government Debt to GDP 61.00 62.70 62.70 9.50 percent [+]
Government Budget -3.40 -9.00 7.30 -9.00 percent of GDP [+]
Military Expenditure 165.00 203.00 233.00 33.40 USD Million [+]
Credit Rating 57.00 [+]
Government Budget Value -26.50 -701.50 7897.00 -5107.40 TTD Million [+]
Government Debt 92698.70 91313.70 95525.10 19920.40 TTD Million [+]
Government Revenues 4762.50 3623.60 11120.00 206.10 TTD Million [+]
Fiscal Expenditure 4789.00 4325.10 11061.20 390.60 TTD Million [+]