Trinidad and Tobago | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 6.64 6.7 6.76 6.83 6.9 7.96 [+]
GDP Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Annual Growth Rate -3.00 -0.5 0.1 0.2 0.91 1.06 percent [+]
GDP 28.90 29.73 30.02 30.32 30.32 36.49 USD Billion [+]
GDP per capita 14275.37 14165 14296 14426 14460 14980 USD [+]
GDP per capita PPP 29469.35 29303 29566 29830 29897 30986 USD [+]
GDP Growth Rate -0.60 0.06 -0.33 -0.15 -0.12 0.4 percent [+]
LABOUR Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Unemployment Rate 3.50 3.5 3.66 3.5 3.5 2.74 percent [+]
Population 1.36 1.35 1.36 1.36 1.36 1.38 Million [+]
PRICES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Inflation Rate 3.50 3.54 3.69 3.6 3.66 3.64 percent [+]
Food Inflation 9.90 9.81 9.87 9.86 9.85 9.85 percent [+]
MONEY Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Interest Rate 4.75 4.75 5 5 5 6 percent [+]
Deposit Interest Rate 1.50 1.91 1.8 1.68 1.7 1.61 percent [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade 258.50 671 628 637 577 564 USD Million [+]
Exports 2599.50 2860 2876 2916 2821 2846 USD Million [+]
Imports 2341.10 2371 2323 2282 2271 2279 USD Million [+]
Current Account 18.90 223 237 251 262 329 USD Million [+]
Current Account to GDP 8.50 6.95 8.94 10.94 9.73 8.66 percent [+]
Remittances 131.00 132 135 137 138 149 USD Million [+]
Gold Reserves 1.93 1.92 1.92 1.92 1.92 1.92 Tonnes [+]
Terrorism Index 1.58 0.7 0.44 0.18 0.05 1.09 [+]
Crude Oil Production 84.00 81.99 81.98 81.98 81.98 81.98 BBL/D/1K [+]
GOVERNMENT Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Government Debt to GDP 41.60 44.79 45.99 47.2 46.4 45.94 percent [+]
Government Budget -1.50 1.02 2.02 3.02 2.04 -1.99 percent of GDP [+]
Military Expenditure 234.00 212 218 224 228 229 USD Million [+]
BUSINESS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Steel Production 0.00 8.28 12.83 12.54 12.48 12.49 Thousand Tonnes [+]
Ease of Doing Business 88.00 88 86 83 84 88 [+]
Corruption Index 39.00 38.99 39.2 39.42 39.52 40.68 Points [+]
Corruption Rank 72.00 74 73 72 70 53 [+]
Cement Production 65476.00 68633 66858 66792 67072 67014 Tonnes [+]
Competitiveness Index 3.94 3.94 3.94 3.94 3.93 3.93 Points [+]
Competitiveness Rank 89.00 87.8 87.8 87.8 90.19 89.69 [+]
CONSUMER Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Credit 29130.40 29602 30065 30516 30957 36475 TTD Million [+]
Gasoline Prices 0.38 0.39 0.38 0.37 0.37 0.37 USD/Liter [+]
TAXES Actual Q2/16 Q3/16 Q4/16 Q1/17 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 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. 6/30/2016