Trinidad and Tobago | Economic Forecasts | 2015-2050 Outlook


Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 6.35 6.34 6.34 6.34 6.34 6.34 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 24.64 24.26 24.54 24.54 24.54 30.62 [+]
GDP Annual Growth Rate 1.98 -0.04 0.41 0.37 0.2 0.31 [+]
GDP per capita 14370.22 14394 14519 14557 14596 15079 [+]
GDP per capita PPP 29469.35 29566 29815 29890 29966 30966 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 3.30 2.91 2.84 2.69 2.59 0.64 [+]
Population 1.40 1.38 1.39 1.4 1.41 1.49 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 5.50 5.65 6.1 6.61 7.06 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 4.00 4.37 4.55 4.76 4.86 5.24 [+]
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 84.00 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 45.68 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 3.94 3.94 3.94 3.94 3.94 [+]
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. 7/6/2015