Trinidad and Tobago | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 6.71 6.77 6.83 6.9 7.04 8.04 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate -10.80 -4 -1.2 0.6 1.3 2.5 percent [+]
GDP 23.56 29 29 29 29 30.5 USD Billion [+]
GDP per capita 16696.03 16263 16293 16418 16352 16895 USD [+]
GDP per capita PPP 31283.55 30854 30899 30944 30989 32989 USD [+]
GDP Growth Rate -3.30 -1.3 -0.7 0.2 0.5 0.8 percent [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 4.40 3.8 3.9 4 3.9 4 percent [+]
Population 1.36 1.35 1.35 1.36 1.36 1.39 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.90 3.3 3.2 3.4 3.6 4.3 percent [+]
Food Inflation 6.40 8.97 10.16 10.31 10 9.7 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.75 5 5 5 5.25 5.75 percent [+]
Deposit Interest Rate 1.50 1.62 1.59 1.56 1.53 1.53 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -364.10 311 382 293 198 234 USD Million [+]
Exports 1943.00 2366 2389 2311 2273 2280 USD Million [+]
Imports 2307.10 2168 2232 2223 2192 2192 USD Million [+]
Current Account -659.70 223 237 251 262 329 USD Million [+]
Current Account to GDP -0.40 4.69 3.18 1.68 0.17 0.92 percent [+]
Remittances 131.00 128 131 134 138 152 USD Million [+]
Gold Reserves 1.93 1.93 1.93 1.93 1.93 1.93 Tonnes [+]
Terrorism Index 0.50 0.24 0.08 -0.06 -0.21 1.15 [+]
Crude Oil Production 75.00 74.94 74.94 74.94 74.94 74.94 BBL/D/1K [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 45.60 44.64 44.75 44.86 44.98 48.62 percent [+]
Government Budget -4.20 -2.76 -2.96 -3.16 -3.36 -4.23 percent of GDP [+]
Military Expenditure 234.00 212 218 224 228 229 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Steel Production 0.00 1.18 1.79 1.76 1.75 1.75 Thousand Tonnes [+]
Ease of Doing Business 96.00 89.47 90.2 90.93 91.66 84.49 [+]
Corruption Index 35.00 38 38 37 36 38 Points [+]
Corruption Rank 101.00 79.11 76.12 73.12 70.13 59.69 [+]
Cement Production 41180.00 52812 60615 58684 58220 58542 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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Credit 30231.10 30814 31238 31654 32061 36287 TTD Million [+]
Gasoline Prices 0.41 0.38 0.37 0.37 0.38 0.38 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 3/28/2017