Trinidad and Tobago | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 6.35 6.47 6.53 6.59 6.66 5.71 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 24.64 24.19 24.51 24.52 24.52 30.86 USD Billion [+]
GDP Annual Growth Rate 0.10 0.47 1.1 0.72 1 3.3 percent [+]
GDP per capita 14275.37 14299 14423 14461 14499 14980 USD [+]
GDP per capita PPP 29469.35 29566 29815 29890 29966 30966 USD [+]
GDP Growth Rate 0.30 0.19 0.31 0.34 0.29 0.31 percent [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 3.70 3.8 3.8 3.6 3.5 4.1 percent [+]
Population 1.40 1.38 1.39 1.4 1.41 1.48 Million [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 5.60 5.78 6.23 6.71 7.14 5.67 percent [+]
Food Inflation 9.67 10.89 11.88 12.66 13.3 15.8 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 4.25 4.25 4.25 4.5 4.5 5.25 percent [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 151.60 1199 851 866 916 909 USD Million [+]
Exports 2723.60 3169 3007 3012 3013 3013 USD Million [+]
Imports 2572.00 2075 2272 2102 2038 2120 USD Million [+]
Current Account -108.10 393 299 319 329 392 USD Million [+]
Current Account to GDP 8.50 8.94 10.94 9.73 8.51 8.66 percent [+]
Remittances 131.00 135 137 138 138 149 USD Million [+]
Gold Reserves 1.92 1.92 1.92 1.92 1.92 1.92 Tonnes [+]
Crude Oil Production 81.00 81.64 81.65 81.65 81.65 81.65 BBL/D/1K [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -1.50 2.02 3.02 2.04 1.07 -1.99 percent of GDP [+]
Government Debt to GDP 41.60 45.99 47.2 46.4 45.6 45.94 percent [+]
Credit Rating 70.00 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Competitiveness Index 3.95 3.92 3.92 3.93 3.94 3.93 Points [+]
Competitiveness Rank 89.00 86.88 86.88 86.3 86.11 85.13 [+]
Corruption Index 38.00 41.1 41.12 41.55 41.97 46.26 Points [+]
Corruption Rank 85.00 79 79 79 78 62 [+]
Ease of Doing Business 79.00 74.82 76.3 76 75.69 74.1 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Credit 27220.50 27834 28264 28685 29093 34690 TTD Million [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]



Economic Forecasts for Trinidad and Tobago including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Trinidad and Tobago economy. 9/5/2015