Trinidad and Tobago recorded a government debt equivalent to 63.20 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Trinidad and Tobago

Government Debt to GDP in Trinidad and Tobago averaged 28.11 percent from 1955 until 2019, reaching an all time high of 63.20 percent in 2019 and a record low of 9.50 percent in 1958. This page provides - Trinidad and Tobago Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad and Tobago Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Trinidad and Tobago is expected to reach 83.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago Government Debt to GDP is projected to trend around 75.00 percent of GDP in 2022 and 68.00 percent of GDP in 2023, according to our econometric models.

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Trinidad and Tobago Government Debt to GDP

Trinidad and Tobago Last Unit Reference Previous Highest Lowest
Government Debt to GDP 82.70 percent of GDP Dec/20 63.20 82.70 9.50
Government Debt 105584.00 TTD Million Aug/21 105613.00 105769.00 19920.40
Government Budget Value -32.40 TTD Million Jul/21 -2016.90 7897.00 -5107.40
Government Revenues 3719.20 TTD Million Jun/21 1756.00 11120.00 206.10
Fiscal Expenditure 3751.60 TTD Million Jun/21 3772.90 11061.20 390.60

Trinidad and Tobago Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.