Trinidad and Tobago | Economic Forecasts | 2013-2015 Outlook

Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Markets Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Currency 6.46 Apr-14 6.42 May-14 6.39 6.38 6.4 6.39 6.4 6.41 6.41 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
GDP Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
GDP 23.99 Dec-12 26.31 Jun-14 24.31 24.33 24.34 24.35 25.11 26.63 31.56 [+]
GDP Annual Growth Rate -0.50 Sep-13 -1.07 Jun-14 -1.07 -0.32 -0.55 -1.37 0.15 1.25 2.25 [+]
GDP per capita 14004.05 Dec-12 13893 Jun-14 14149 14166 14181 14195 14660 15641 18554 [+]
GDP per capita PPP 22965.90 Dec-12 22784 Jun-14 23204 23232 23256 23279 24042 25650 30427 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Labour Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Population 1.34 Dec-12 1.34 Jun-14 1.35 1.35 1.35 1.35 1.35 1.36 1.36 [+]
Unemployment Rate 4.80 Sep-13 4.87 Jun-14 4.87 4.77 4.87 5.1 4.87 4.87 6.37 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Prices Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Inflation Rate 3.90 Feb-14 3.59 Jun-14 2.86 2.83 3.43 3.92 3.91 3.78 3.64 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Money Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Interest Rate 2.75 Mar-14 2.75 Jun-14 2.77 2.79 2.82 2.85 2.93 3.47 4.55 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Trade Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Balance of Trade 2549.20 Sep-13 1792 Jun-14 1992 1929 1745 1632 1795 1938 2297 [+]
Current Account 2247.50 Aug-13 1798 Jun-14 1798 1681 1498 1396 1575 1577 1574 [+]
Current Account to GDP 14.50 Dec-13 15.28 Jun-14 15.26 15.47 15.62 15.72 15.88 13.01 10.41 [+]
Exports 4243.70 Sep-13 3593 Jun-14 3593 3616 3491 3396 3615 3835 4543 [+]
Imports 1694.50 Sep-13 1601 Jun-14 1601 1687 1746 1764 1819 1897 2246 [+]
Remittances 129.00 Dec-12 127 Jun-14 127 127 127 127 126 125 125 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Government Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Credit Rating 70.00 [+]
Government Debt To GDP 41.20 Dec-13 43.23 Jun-14 42.84 43.5 44.08 44.58 45.71 47.73 47.85 [+]
Government Budget -2.60 Dec-13 -2.94 Jun-14 -2.98 -3.07 -3.12 -3.15 -3.19 -2.96 -2.71 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Taxes Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Corporate Tax Rate 25.00 Jan-14 25 Jun-14 25 25 25 25 25 25 25 [+]
Personal Income Tax Rate 25.00 Jan-14 25 Jun-14 25 25 25 25 25 25 25 [+]
Sales Tax Rate 15.00 Jan-14 15 Jun-14 15 15 15 15 15 15 15 [+]

Trading Economics forecasts are driven by our own analysts’ expectations and technically projected using an autoregressive integrated moving average (ARIMA) model. First, we model the past behaviour of a time series by using vast amounts of historical data. Then, we adjust the coefficients of the econometric model by taking into account, our own analyst’s assessments and future expectations. While we work hard to make our predictions accurate, please note that past performance of our forecast model is not necessarily indicative of future results. Moreover, please take into account that because countries publish their data releases in different dates and sometimes with significant delays we may have to project past data which has already some time but was not yet released by official sources. If you have any question please email us at contact@tradingeconomics.com



RELATED NEWS

Trinidad and Tobago Current Account at 2247.50 USD Million  
Trinidad and Tobago recorded a Current Account surplus of 2247.50 USD Million in the third quarter of 2013. Current Account in Trinidad and Tobago is reported by the Central Statistics Office, Trinidad and Tobago.
Trinidad and Tobago Government Debt To GDP at 41.20 Percent  
Trinidad and Tobago recorded a Government Debt to GDP of 41.20 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad and Tobago Balance of Trade at 2549.20 USD Million  
Trinidad and Tobago recorded a trade surplus of 2549.20 USD Million in the third quarter of 2013. Balance of Trade in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad and Tobago Exports at 4243.70 USD Million  
Exports in Trinidad and Tobago increased to 4243.70 USD Million in the third quarter of 2013 from 3052.90 USD Million in the second quarter of 2013. Exports in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad and Tobago Imports at 1694.50 USD Million  
Imports in Trinidad and Tobago decreased to 1694.50 USD Million in the third quarter of 2013 from 1781 USD Million in the second quarter of 2013. Imports in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad and Tobago Government Budget at -2.60 Percent of GDP  
Trinidad and Tobago recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2013. Government Budget in Trinidad and Tobago is reported by the Central Statistical Office, Trinidad and Tobago.
Trinidad and Tobago Current Account to GDP at 14.50 Percent  
Trinidad and Tobago recorded a Current Account surplus of 14.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad and Tobago Inflation Rate at 3.90 Percent  
The inflation rate in Trinidad and Tobago was recorded at 3.90 percent in February of 2014. Inflation Rate in Trinidad and Tobago is reported by the Central Statistical Office, Trinidad and Tobago.
Trinidad and Tobago Interest Rate at 2.75 Percent  
The benchmark interest rate in Trinidad and Tobago was last recorded at 2.75 percent. Interest Rate in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.
Trinidad And Tobago Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Trinidad And Tobago stands at 25 percent. Personal Income Tax Rate in Trinidad And Tobago is reported by the Inland Revenue Division.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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This page includes economic forecasts for Trinidad and Tobago. 4/18/2014