Population: 1.3 million in 20131
GDP: $25 billion in 20132
GDP per capita: $18,373 nominal3 ($30,439 PPP4) in 2013
GDP growth rate: 1.6% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Mining and utilities | 6,371 | 26.9% |
Manufacturing | 5,714 | 24.1% |
Other activities | 5,133 | 21.7% |
Wholesale, retail trade, restaurants and hotels | 3,681 | 15.6% |
Construction | 1,369 | 5.8% |
Transport, storage and communication | 1,294 | 5.5% |
Agriculture, hunting, forestry, fishing | 106 | 0.4% |
Total value added | 23,667 | 100% |
Unemployment rate: 5.8% in 20137
Employment by Industry 20078
Employment sector | Percent of total |
Services | 62.9% |
Construction and utilities | 20.4% |
Manufacturing, mining and quarrying | 12.8% |
Agriculture | 3.8% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $15 billion (60% of GDP) in 201410
Household Wealth per Adult: $15,386 in 201410
Gini Coefficient: N/A
Central Government
Central Government Revenue: $7.8 billion (31% of GDP) in 201311
Central Government Expenditure: $8.3 billion (33% of GDP) in 201311
Central Government Budget Balance: -$0.5 billion (-2% of GDP) in 201311
Central Government Public Debt: $11.0 billion (44% of GDP) in Sept 2014* 12
Central Government 10 Year Bond Interest Rate: 2.50% in Aug 201313
* Public debt calculated using the exchange rate 6.33 TTD = 1 USD
Government Funds
Heritage and Stabilization Fund: $5.1 billion (20% of GDP) in 201414
Tax Structure
Individual Income Tax Rates and Thresholds in 201415
Corporate Tax Rate: 25% in 201416
Money Supply (M0): $5.5 billion (22% of GDP) in Nov 2014* 17
Benchmark Interest Rate: Repo Rate = 3.50% in Jan 201518
Total Reserves: $10.0 billion (40% of GDP) in 201319
Exchange Rate: 6.33 Trinidadian Dollars = 1 U.S. Dollar on Feb 9, 201520
Inflation: 5.2% in 201321
* Money supply calculated using the exchange rate 6.33 TTD = 1 USD
Top 10 Financial Institutions by Assets 201322
N/A (data not available at Relbanks.com)
Exports: $12.9 billion (51% of GDP) in 201323
Imports: $9.6 billion (38% of GDP) in 201323
Trade Balance: +$3.3 billion (+13% of GDP) in 201323
Foreign Direct Investment Inflow: $1.7 billion (7% of GDP) in 201324
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: N/A
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: Central Bank of Trinidad & Tobago (Public debt) Go back
13. Source: Trinidad Express (Government bond yield) Go back
14. Source: ESADE Sovereign Wealth Funds (Government Funds) Go back
15. Source: PKF Worldwide Tax Guide (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: Central Bank of Trinidad & Tobago (Money supply) Go back
18. Source: Central Bank of Trinidad & Tobago (Benchmark interest rate) Go back
19. Source: World Bank Indicators (Total reserves) Go back
20. Source: xe.com (Exchange rate) Go back
21. Source: World Bank Indicators (Inflation rate) Go back
22. Source: Relbanks.com (Financial institutions by assets) Go back
23. Source: CIA World Factbook (Trade data) Go back
24. Source: World Bank Indicators (FDI data) Go back