Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
15.9% GDP
2007
Govt expenditure
33.3% GDP
2019
Budget deficit
10.6% GDP
2019

Price level

Trinidad and Tobago is 48.9% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
51.1(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2006

YearDebt (% GDP)Change
200616.8—
200715.9-0.9

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Trinidad and Tobago — nstate — nstate