Trinidad and Tobago Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Trinidad and Tobago's credit to gdp was 46.23% in 2025, ranked 68th globally. This represents a 4.4% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Trinidad and Tobago's credit to gdp stood at 46.23% in 2025, a decline of +2.15% from 2024. Based on recent trends, this figure is projected to reach 46.23% by 2025. Trinidad and Tobago ranked 68th globally.
Trinidad and Tobago’s credit‑to‑GDP ratio has risen steadily from a low of 7.93 in 1961 to an all‑time peak of 48.38 in 2024, reflecting a gradual deepening of domestic financing channels over 66 years. The latest World Bank figure for 2025 stands at 46.23, placing the country 68th in the global ranking and just below peers such as Costa Rica (47.95) and the Philippines (47.97), while remaining slightly above Czechia (46.01). The upward trajectory accelerated in the early 2000s as financial sector reforms expanded lending capacity, and the post‑pandemic recovery further boosted credit availability, pushing the ratio close to its historic high. Although the 2025 level is marginally lower than the 2024 peak, the long‑run trend suggests continued expansion of credit unless constrained by tighter monetary policy or external debt pressures, which could dampen future growth in the ratio.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 47.95% | - | - |
| 2026* trend | 47.09% | - | - |
| 2025* trend | 46.23% | - | - |
| 2025 | 46.23% | −2.15% | #68 |
| 2024 | 48.38% | +2.85% | #68 |
| 2023 | 45.53% | +8.40% | #80 |
| 2022 | 37.13% | −3.66% | #72 |
| 2021 | 40.78% | −5.67% | #77 |
| 2020 | 46.46% | +5.01% | #81 |
| 2019 | 41.45% | +2.51% | #84 |
| 2018 | 38.94% | +1.45% | #77 |
| 2017 | 37.49% | +0.83% | #73 |
| 2016 | 36.66% | +4.09% | #75 |
| 2015 | 32.57% | +4.88% | #63 |
| 2014 | 27.69% | +1.06% | #57 |
| 2013 | 26.63% | −0.34% | #58 |
| 2012 | 26.97% | −1.15% | #61 |
| 2011 | 28.13% | −2.72% | #69 |
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 credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's credit to gdp was 46.23% in 2025. Ranked 68th globally. This represents a 4.4% decrease from the previous year.
Trinidad and Tobago's credit to gdp peaked at 48.38% in 2024.
The lowest credit to gdp in Trinidad and Tobago was 7.93% in 1961.
Trinidad and Tobago ranks 68th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Trinidad and Tobago's credit to gdp is projected to reach 46.23% by 2025 based on trend extrapolation.
The credit to gdp of Trinidad and Tobago in 2025 was 46.23%. This ranks 68th in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_credit-to-gdp,
title = {Trinidad and Tobago Credit to GDP},
url = {https://historysaid.com/trinidad-and-tobago/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}