Trinidad and Tobago | Economic Forecasts | 2016-2020 Outlook

Markets Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Currency 6.47 6.48 6.61 6.68 6.74 5.14 [+]
GDP Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
GDP Annual Growth Rate -2.00 -0.77 -0.5 0.1 0.2 1.06 percent [+]
GDP 28.90 28.43 28.73 29.02 29.32 33.66 USD Billion [+]
GDP per capita 14275.37 14070 14205 14341 14476 15257 USD [+]
GDP per capita PPP 29469.35 29094 29362 29629 29897 31760 USD [+]
GDP Growth Rate 1.50 -0.25 0.07 -0.26 -0.11 -0.11 percent [+]
Labour Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Unemployment Rate 3.20 3.6 3.5 3.66 3.5 2.02 percent [+]
Population 1.40 1.36 1.37 1.39 1.41 1.48 Million [+]
Prices Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Inflation Rate 1.50 1.21 1.07 1.14 1.09 1.11 percent [+]
Food Inflation 2.70 4.6 8.8 11.29 11.67 10.33 percent [+]
Money Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Interest Rate 4.75 4.75 4.75 5 5 6 percent [+]
Deposit Interest Rate 1.50 2.03 1.91 1.8 1.68 1.61 percent [+]
Trade Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Balance of Trade 460.40 600 674 765 742 738 USD Million [+]
Exports 1894.40 2473 2481 2498 2510 2524 USD Million [+]
Imports 1434.00 1849 1646 1903 1996 1853 USD Million [+]
Current Account 186.20 -46.12 433 281 22.7 119 USD Million [+]
Current Account to GDP 8.50 7.77 9.64 11.51 13.38 10.02 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 [+]
Crude Oil Production 81.00 80.83 80.83 80.83 80.83 80.83 BBL/D/1K [+]
Terrorism Index 1.58 1.58 1.58 1.58 1.58 1.58 [+]
Government Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Government Debt to GDP 41.60 41.14 42.23 43.33 44.43 45.96 percent [+]
Government Budget -1.50 -1.24 -1.56 -1.87 -2.19 -2.11 percent of GDP [+]
Credit Rating 67.50 [+]
Business Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Ease of Doing Business 88.00 80.4 80.75 81.11 81.47 75.81 [+]
Corruption Index 39.00 38.85 39.11 39.37 39.63 41.01 Points [+]
Corruption Rank 72.00 79.11 76.12 73.12 70.13 59.69 [+]
Cement Production 66610.00 71252 69566 68956 69262 69244 Tonnes [+]
Competitiveness Index 3.94 3.94 3.94 3.94 3.94 3.93 Points [+]
Competitiveness Rank 89.00 83.28 83.28 83.28 83.28 89.91 [+]
Consumer Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Consumer Credit 28491.70 29170 29672 30162 30642 37019 TTD Million [+]
Gasoline Prices 0.31 0.35 0.37 0.37 0.37 0.37 USD/Liter [+]
Taxes Actual Q1/16 Q2/16 Q3/16 Q4/16 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. 2/14/2016