EconoView.ai
🇹🇹

Trinidad & Tobago Fiscal Balance

-5.9% GDPas of 2024

Trinidad & Tobago's fiscal balance stands at -5.9% GDP as of 2024. The indicator has decreased from -4.3% in 2014 to -5.9% in 2024. Source: IMF WEO.

Historical trend (20142024)

Fiscal Balance — Year by Year

YearValueChange
2014-4.3% GDP
2015-7.4% GDP-3.1pp
2016-9.8% GDP-2.4pp
2017-10.5% GDP-0.7pp
2018-5.9% GDP+4.6pp
2019-3.7% GDP+2.2pp
2020-11.8% GDP-8.1pp
2021-8.4% GDP+3.4pp
20221% GDP+9.4pp
2023-1.2% GDP-2.2pp
2024-5.9% GDP-4.7pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Trinidad & Tobago

GDP Growth
2.5%
Inflation (CPI)
0.5%
Unemployment
3.3%
Debt / GDP
81.8%
Investment / GDP
19%

Fiscal Balance in other countries

🇺🇸
United States
-7.9% GDP
🇨🇦
Canada
-2.1% GDP
🇲🇽
Mexico
-5.8% GDP
🇩🇴
Dominican Republic
-3.1% GDP