Trinidad and Tobago Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Trinidad and Tobago's current account balance was 4.90% in 2025, ranked 31st globally. This represents a 94.6% increase from 2024. Data from World Bank, covering 1975–2025.
Overview
Trinidad and Tobago's current account balance stood at 4.90% in 2025, a rise of +2.38% from 2024. The IMF projects 4.90% by 2025. Trinidad and Tobago ranked 31st globally.
Trinidad and Tobago’s current‑account balance has oscillated markedly over the 51‑year series, falling from a high of 13.93 % of GDP in 1975 to a historic low of –12.19 % in 1983, before reaching an all‑time peak of 38.79 % in 2006. The latest World Bank estimate for 2025 shows a surplus of 4.90 % of GDP, ranking the country 31st globally and placing it alongside peers such as Ecuador (4.91 %) and Korea (4.80 %). The post‑peak decline from 2006 reflects the combined impact of lower oil prices, reduced export diversification, and fiscal adjustments that have tempered surplus levels. Nevertheless, the 2025 figure suggests a modest re‑acceleration of external earnings, driven by renewed hydrocarbon output and modest tourism recovery. Continued investment in non‑energy sectors and stabilization of global commodity markets will be crucial to sustaining or improving the current‑account trajectory in the coming years.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 6.96% | - | - |
| 2029* IMF | 6.98% | - | - |
| 2028* IMF | 6.55% | - | - |
| 2027* IMF | 4.81% | - | - |
| 2026* IMF | 2.90% | - | - |
| 2025* IMF | 4.90% | - | - |
| 2025 | 4.90% | +2.38% | #31 |
| 2024 | 2.52% | −9.26% | #136 |
| 2023 | 11.55% | −5.98% | #180 |
| 2022 | 10.17% | −0.68% | #168 |
| 2021 | 10.85% | +17.35% | #174 |
| 2020 | -6.49% | −10.84% | #51 |
| 2019 | 4.35% | −2.46% | #162 |
| 2018 | 6.81% | +0.89% | #164 |
| 2017 | 5.91% | +9.20% | #172 |
| 2016 | -3.29% | −10.95% | #92 |
| 2015 | 7.66% | −6.43% | #179 |
| 2014 | 14.10% | −5.41% | #186 |
| 2013 | 19.51% | +5.26% | #188 |
| 2012 | 14.24% | −4.01% | #180 |
| 2011 | 18.51% | −0.01% | #185 |
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 current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's current account balance was 4.90% in 2025. Ranked 31st globally. This represents a 94.6% increase from the previous year.
Trinidad and Tobago's current account balance peaked at 38.79% in 2006.
The lowest current account balance in Trinidad and Tobago was -12.19% in 1983.
Trinidad and Tobago ranks 31st globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Trinidad and Tobago's current account balance is projected to reach 4.90% by 2025 based on IMF projection.
The current account balance of Trinidad and Tobago in 2025 was 4.90%. This ranks 31st in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_current-account,
title = {Trinidad and Tobago Current Account Balance},
url = {https://historysaid.com/trinidad-and-tobago/current-account/},
publisher = {HistorySaid},
year = {2026}
}