Trinidad and Tobago recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2019.
Government Budget in Trinidad and Tobago averaged -0.56 percent of GDP from 1993 until 2019, reaching an all time high of 7.30 percent of GDP in 2008 and a record low of -8.90 percent of GDP in 2017. This page provides - Trinidad and Tobago Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad and Tobago Government Budget - values, historical data and charts - was last updated on August of 2020. source: Central Statistical Office, Trinidad and Tobago
Government Budget in Trinidad and Tobago is expected to reach -8.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago Government Budget is projected to trend around -7.60 percent of GDP in 2021 and -5.70 percent of GDP in 2022, according to our econometric models.