Trinidad and Tobago | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 6.71 6.77 6.83 6.9 6.97 8.04 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate -8.00 0.2 0.91 0.91 1 1.06 percent [+]
GDP 27.81 27 29 29 29 30.5 USD Billion [+]
GDP per capita 16245.12 16352 16385 16418 16418 16895 USD [+]
GDP per capita PPP 30677.16 30989 31093 31198 31303 32989 USD [+]
GDP Growth Rate -3.90 -0.58 -0.88 -0.79 -0.74 0.4 percent [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 3.80 3.9 3.8 3.9 4 4 percent [+]
Population 1.36 1.36 1.36 1.36 1.37 1.39 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 3.00 2.77 2.93 2.82 2.89 2.86 percent [+]
Food Inflation 6.20 7.3 9.12 10.15 10.3 9.79 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.75 5 5 5 5 6 percent [+]
Deposit Interest Rate 1.50 1.53 1.54 1.54 1.54 1.53 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -364.10 316 311 382 293 234 USD Million [+]
Exports 1943.00 2235 2366 2389 2311 2280 USD Million [+]
Imports 2307.10 2215 2168 2232 2223 2192 USD Million [+]
Current Account 18.90 223 237 251 262 329 USD Million [+]
Current Account to GDP -0.40 0.17 -0.49 -1.15 -1.82 0.92 percent [+]
Remittances 131.00 138 139 140 140 152 USD Million [+]
Gold Reserves 1.93 1.92 1.92 1.92 1.92 1.92 Tonnes [+]
Terrorism Index 0.50 -0.21 -0.3 -0.39 -0.48 1.15 [+]
Crude Oil Production 75.00 74.94 74.94 74.94 74.94 74.94 BBL/D/1K [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 45.60 44.98 45.38 45.79 46.2 48.62 percent [+]
Government Budget -4.20 -3.36 -3.52 -3.67 -3.83 -4.23 percent of GDP [+]
Military Expenditure 234.00 212 218 224 228 229 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Steel Production 0.00 3.73 4.3 4.25 4.25 4.25 Thousand Tonnes [+]
Ease of Doing Business 96.00 88.74 90.2 90.93 91.66 84.49 [+]
Corruption Index 39.00 39.63 39.75 39.87 39.98 41.01 Points [+]
Corruption Rank 72.00 70.13 68.64 67.15 65.66 59.69 [+]
Cement Production 57817.00 64542 63376 63075 63295 63272 Tonnes [+]
Competitiveness Index 3.93 3.93 3.93 3.93 3.93 3.93 Points [+]
Competitiveness Rank 94.00 88.58 88.58 88.58 88.58 84.49 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Credit 29728.20 30099 30464 30819 31165 34912 TTD Million [+]
Gasoline Prices 0.37 0.35 0.35 0.36 0.36 0.36 USD/Liter [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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 12.50 12.5 12.5 12.5 12.5 12.5 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. 12/4/2016