Trinidad and Tobago | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 6.67 6.75 6.81 6.88 6.95 8.02 [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Annual Growth Rate -2.30 0.1 0.2 0.91 0.91 1.06 percent [+]
GDP 27.81 27 27 29 29 30.5 USD Billion [+]
GDP per capita 16245.12 16322 16352 16385 16418 16895 USD [+]
GDP per capita PPP 29469.35 29600 29900 30000 30000 31800 USD [+]
GDP Growth Rate -0.10 -0.21 -0.09 -0.03 -0.1 0.4 percent [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 3.50 3.66 3.5 3.5 3.5 2.74 percent [+]
Population 1.36 1.36 1.36 1.36 1.36 1.39 Million [+]
PRICES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Inflation Rate 3.40 3.54 3.43 3.51 3.46 3.48 percent [+]
Food Inflation 9.40 9.35 9.34 9.34 9.34 9.34 percent [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 4.75 5 5 5 5 6 percent [+]
Deposit Interest Rate 1.50 1.8 1.68 1.7 1.71 1.61 percent [+]
TRADE Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Balance of Trade 258.50 628 637 577 527 564 USD Million [+]
Exports 2599.50 2880 2920 2820 2830 2850 USD Million [+]
Imports 2341.10 2320 2280 2270 2310 2280 USD Million [+]
Current Account 18.90 223 237 251 262 329 USD Million [+]
Current Account to GDP 8.50 11.51 13.38 12.55 11.73 10.02 percent [+]
Remittances 131.00 134 138 139 140 152 USD Million [+]
Gold Reserves 1.93 1.92 1.92 1.92 1.92 1.92 Tonnes [+]
Terrorism Index 1.58 0.44 0.18 0.05 -0.06 1.09 [+]
Crude Oil Production 84.00 81.98 81.98 81.98 81.98 81.98 BBL/D/1K [+]
GOVERNMENT Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Government Debt to GDP 41.60 43.33 44.43 43.96 43.5 45.96 percent [+]
Government Budget -1.50 -1.87 -2.19 -2.21 -2.23 -2.11 percent of GDP [+]
Military Expenditure 234.00 212 218 224 228 229 USD Million [+]
BUSINESS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Steel Production 0.00 7.17 8.36 8.26 8.25 8.25 Thousand Tonnes [+]
Ease of Doing Business 88.00 81.11 81.47 80.69 79.91 75.81 [+]
Corruption Index 39.00 39.37 39.63 39.75 39.87 41.01 Points [+]
Corruption Rank 72.00 73.12 70.13 68.64 67.15 59.69 [+]
Cement Production 62098.00 65603 65580 65086 65167 65193 Tonnes [+]
Competitiveness Index 3.94 3.94 3.94 3.93 3.93 3.93 Points [+]
Competitiveness Rank 89.00 83.28 83.28 81.54 80.97 89.91 [+]
CONSUMER Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Credit 29298.60 29847 30256 30655 31044 35589 TTD Million [+]
Gasoline Prices 0.39 0.38 0.37 0.36 0.37 0.37 USD/Liter [+]
TAXES Actual Q3/16 Q4/16 Q1/17 Q2/17 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. 8/27/2016