Trinidad and Tobago Current Account to GDP 1975-2015 | Data | Chart

Trinidad and Tobago recorded a Current Account surplus of 8.50 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Trinidad and Tobago averaged 5.23 percent from 1975 until 2014, reaching an all time high of 38.59 percent in 2006 and a record low of -12.14 percent in 1983. Current Account to GDP in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.

Trinidad and Tobago Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
8.50 6.70 38.59 -12.14 1975 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Trinidad and Tobago Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Trinidad and Tobago Current Account to GDP - was last refreshed on Wednesday, September 2, 2015.


Trinidad and Tobago Trade Last Previous Highest Lowest Unit
Balance of Trade 151.60 2029.70 3217.90 -378.70 USD Million [+]
Exports 2723.60 3709.00 5958.30 486.10 USD Million [+]
Imports 2572.00 1679.30 2973.40 415.70 USD Million [+]
Current Account -108.10 1628.10 2984.00 -2461.90 USD Million [+]
Current Account to GDP 8.50 6.70 38.59 -12.14 percent [+]
Remittances 131.00 129.00 131.00 41.00 USD Million [+]
Gold Reserves 1.92 1.92 1.92 1.86 Tonnes [+]
Crude Oil Production 81.00 81.00 155.68 74.80 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.80 Dec/14 -3.30 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -2.10 Dec/14 -2.90 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]