Trinidad and Tobago Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Trinidad and Tobago's budget deficit stood at -5.20% in 2025, a rise of +0.07% from 2024. The IMF projects -5.20% by 2025. Trinidad and Tobago ranked 145th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.03% | - | - |
| 2029* IMF | -1.51% | - | - |
| 2028* IMF | -2.65% | - | - |
| 2027* IMF | -4.78% | - | - |
| 2026* IMF | -5.93% | - | - |
| 2025* IMF | -5.20% | - | - |
| 2025 | -5.20% | +0.07% | #145 |
| 2024 | -5.27% | −4.07% | #45 |
| 2023 | -1.20% | −2.15% | #132 |
| 2022 | 0.96% | +9.35% | #162 |
| 2021 | -8.39% | +3.44% | #22 |
| 2020 | -11.83% | −8.11% | #21 |
| 2019 | -3.72% | +2.17% | #51 |
| 2018 | -5.89% | +4.56% | #21 |
| 2017 | -10.45% | −0.61% | #5 |
| 2016 | -9.84% | −2.47% | #17 |
| 2015 | -7.37% | −3.04% | #24 |
| 2014 | -4.34% | −1.63% | #50 |
| 2013 | -2.70% | −1.43% | #87 |
| 2012 | -1.28% | −0.59% | #120 |
| 2011 | -0.69% | −0.83% | #134 |
Detected Pattern
Analysis
Trinidad and Tobago matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's budget deficit was -5.20% in 2025. Ranked 145th globally. This represents a 1.3% increase from the previous year.
Trinidad and Tobago's budget deficit peaked at 5.70% in 2008.
The lowest budget deficit in Trinidad and Tobago was -11.83% in 2020.
Trinidad and Tobago ranks 145th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Trinidad and Tobago's budget deficit is projected to reach -5.20% by 2025 based on IMF projection.
The budget deficit of Trinidad and Tobago in 2025 was -5.20%. This ranks 145th in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_budget-deficit,
title = {Trinidad and Tobago Budget Deficit},
url = {https://historysaid.com/trinidad-and-tobago/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}