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 30.41 [+]
GDP Annual Growth Rate 0.10 -0.04 0.41 0.37 0.2 0.31 [+]
GDP per capita 14275.37 14394 14519 14557 14596 15079 [+]
GDP per capita PPP 29469.35 29566 29815 29890 29966 30966 [+]
Gdp Growth Rate 0.30 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 3.30 3.4 3.4 3.3 3.2 4.1 [+]
Population 1.40 1.38 1.39 1.4 1.41 1.48 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 5.50 5.65 6.1 6.6 7.05 5.34 [+]
Food Inflation 8.51 9.07 9.4 9.67 9.9 10.94 [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 4.25 4 4 4.5 4.5 5.47 [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 151.60 1199 851 866 916 909 [+]
Exports 2723.60 3169 3007 3012 3013 3013 [+]
Imports 2572.00 2075 2272 2102 2038 2120 [+]
Current Account 406.30 296 345 349 375 456 [+]
Current Account to GDP 10.00 2.58 2.94 4.24 5.55 11.17 [+]
Remittances 131.00 135 137 138 138 149 [+]
Gold Reserves 1.92 1.92 1.92 1.92 1.92 1.92 [+]
Crude Oil Production 81.00 83.6 83.6 83.6 83.6 83.6 [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -2.60 -0.17 0.25 0.83 1.41 -1.88 [+]
Government Debt to GDP 41.20 45.67 46.46 47.86 49.26 45.57 [+]
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 [+]
Competitiveness Rank 89.00 85.13 85.13 85.13 85.13 85.14 [+]
Corruption Index 38.00 41.11 41.12 41.55 41.98 46.26 [+]
Corruption Rank 85.00 79.17 78.85 78.56 78.26 62.43 [+]
Ease of Doing Business 79.00 74.83 76.31 76 75.7 74.1 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Credit 27013.80 27744 28159 28561 28951 34258 [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 25.00 25 25 25 25 25 [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 [+]
Sales Tax Rate 15.00 15 15 15 15 15 [+]



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. 8/4/2015