Trinidad and Tobago Government Budget

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. Government Budget in Trinidad and Tobago averaged 0.76 Percent of GDP from 1993 until 2013, reaching an all time high of 7.30 Percent of GDP in 2008 and a record low of -5 Percent of GDP in 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Trinidad and Tobago Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.60 -1.40 7.30 -5.00 -2.94 | 2014/06 1993 - 2013 Percent of GDP Yearly

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Trinidad and Tobago Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Credit Rating 70.00 [+]
Government Debt To GDP 41.20 2013-12-31 42.00 58.84 13.18 43.23 2014-06-30 Percent [+]
Government Budget -2.60 2013-12-31 -1.40 7.30 -5.00 -2.94 2014-06-30 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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.
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