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Trading Basics

Trinidad and Tobago

Capital
Port-of-Spain
Region
Latin America & Caribbean
Income group
High income
Population
1.4 million (2025)

At a glance

  • Prices in Trinidad and Tobago rose 1.0% in 2025, slower than in most countries.
  • Trinidad and Tobago's economy shrank 0.8% in 2025, slower than most economies.
  • Output per person in Trinidad and Tobago was US$18,967 in 2025, higher than in most countries.
  • 3.3% of Trinidad and Tobago's labour force had no job in 2025, a lower share than in most countries.
  • Trinidad and Tobago had 1.4 million people in 2025: about less than 0.1% of everyone on Earth, the 156th largest population of 217 countries and territories.
  • Trinidad and Tobago had a current account surplus of 5.0% of GDP in 2025, higher than in most countries.

Consumer prices, change over the year (yearly average)

1.0%
World median 3.0%

Since 2000

Show the numbers
Inflation in Trinidad and Tobago and the world median, last ten years
YearTrinidad and TobagoWorld median
20251.0%3.0%
20240.5%3.0%
20234.6%5.7%
20225.8%8.0%
20212.1%3.5%
20200.6%1.9%
20191.0%2.2%
20181.0%2.5%
20171.9%2.3%
20163.1%1.6%

Real GDP, change over the year

−0.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Trinidad and Tobago and the world median, last ten years
YearTrinidad and TobagoWorld median
2025−0.8%3.4%
20242.5%3.4%
20231.5%3.2%
20220.9%4.3%
2021−0.7%5.1%
2020−8.8%−3.8%
20190.5%2.8%
2018−1.0%3.2%
2017−4.9%3.3%
2016−7.5%3.1%

GDP divided by population, in US dollars at current prices

US$18,967
World median US$7,882

Since 2000

Show the numbers
GDP per person in Trinidad and Tobago and the world median, last ten years
YearTrinidad and TobagoWorld median
2025US$18,967US$7,882
2024US$18,733US$7,853
2023US$18,308US$7,862
2022US$20,751US$7,656
2021US$17,713US$7,269
2020US$15,284US$6,433
2019US$17,213US$7,037
2018US$17,571US$6,978
2017US$17,566US$6,548
2016US$17,449US$5,982

Share of the labour force without a job (ILO modelled estimate)

3.3%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Trinidad and Tobago and the world median, last ten years
YearTrinidad and TobagoWorld median
20253.3%5.1%
20243.3%5.1%
20233.4%5.2%
20224.4%5.3%
20214.5%6.0%
20204.2%6.4%
20193.5%5.4%
20183.5%5.4%
20173.4%5.6%
20163.2%5.9%

Everyone living in the country, mid-year

1.4 million

Since 2000

Show the numbers
Population in Trinidad and Tobago and the world median, last ten years
YearTrinidad and Tobago
20251.4 million
20241.4 million
20231.4 million
20221.4 million
20211.4 million
20201.4 million
20191.4 million
20181.4 million
20171.4 million
20161.4 million

Current account balance, % of GDP

5.0%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Trinidad and Tobago and the world median, last ten years
YearTrinidad and TobagoWorld median
20255.0%−0.8%
20242.5%−1.3%
202311.6%−1.2%
202210.2%−3.0%
202110.5%−2.4%
2020−6.6%−1.7%
20192.6%−2.1%
20185.5%−2.9%
20174.8%−2.1%
2016−3.3%−2.8%

No recent World Bank figure for Trinidad and Tobago: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Trinidad and Tobago since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.