Trinidad and Tobago - Current Account Balance 2023
11.55%
−5.98% from 2022
Trinidad and Tobago's current account balance was 11.55% in 2023, decreased +5.98% from 10.17% in 2022. This was the 180th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -48.51% | 1.3% |
| 2nd | Kyrgyz Republic | -44.92% | -7.2% |
| 3rd | Dominica | -33.92% | -25.8% |
| 4th | Bhutan | -31.97% | -8.2% |
| 5th | Lebanon | -28.10% | 6.3% |
| 6th | Liberia | -25.19% | -28.7% |
| 7th | Maldives | -21.14% | -30.0% |
| 8th | Afghanistan | -20.31% | -9.6% |
| 9th | Curaçao | -19.95% | 25.4% |
| 10th | Senegal | -19.78% | 1.2% |
| 11th | Burundi | -18.30% | -9.0% |
| 12th | Grenada | -18.22% | -50.2% |
| 13th | St. Vincent and the Grenadines | -16.83% | 18.2% |
| 14th | West Bank and Gaza | -16.22% | -52.7% |
| 15th | Malawi | -15.74% | 10.6% |
| 16th | Niger | -13.97% | 13.6% |
| 17th | Antigua and Barbuda | -13.51% | 13.5% |
| 18th | Solomon Islands | -11.83% | 13.6% |
| 19th | Yemen, Republic of | -11.79% | 22.1% |
| 20th | St. Kitts and Nevis | -11.59% | -1.7% |
| 21st | Rwanda | -11.49% | -22.7% |
| 22nd | Côte d'Ivoire | -11.40% | -50.2% |
| 23rd | Montenegro | -11.14% | 13.6% |
| 24th | Moldova | -11.06% | 35.3% |
| 25th | Mozambique | -10.55% | 71.0% |
| 26th | Cayman Islands | -9.84% | 12.5% |
| 27th | Cyprus | -9.70% | -39.9% |
| 28th | Sierra Leone | -9.45% | -48.8% |
| 29th | Timor-Leste | -9.26% | -172.8% |
| 30th | Mauritania | -9.01% | 39.5% |
| 31st | Somalia, Fed. Rep. | -8.91% | -3.7% |
| 32nd | Central African Republic | -8.82% | 30.1% |
| 33rd | Barbados | -8.78% | 11.2% |
| 34th | Benin | -8.18% | -43.8% |
| 35th | Tonga | -7.93% | -47.1% |
| 36th | Uzbekistan | -7.60% | -140.5% |
| 37th | Guinea-Bissau | -7.53% | 12.7% |
| 38th | Uganda | -7.43% | 13.6% |
| 39th | Kosovo | -7.18% | 23.8% |
| 40th | Lesotho | -7.16% | 49.0% |
| 41st | Seychelles | -7.07% | 6.1% |
| 42nd | Romania | -7.03% | 26.1% |
| 43rd | Bahamas, The | -7.00% | 21.1% |
| 44th | Sint Maarten (Dutch part) | -6.92% | -93.4% |
| 45th | Greece | -6.78% | 36.5% |
| 46th | Vanuatu | -6.64% | 62.3% |
| 47th | Fiji | -6.62% | 56.8% |
| 48th | Mali | -6.49% | 15.2% |
| 49th | New Zealand | -6.18% | 33.2% |
| 50th | Congo, Democratic Republic of | -5.56% | -13.6% |
| 51st | Georgia | -5.31% | -20.1% |
| 52nd | Ukraine | -5.28% | -207.2% |
| 53rd | Burkina Faso | -5.06% | 32.9% |
| 54th | Gambia, The | -5.04% | -19.3% |
| 55th | Mauritius | -4.95% | 55.4% |
| 56th | Cameroon | -4.14% | -22.1% |
| 57th | Madagascar | -4.06% | 24.4% |
| 58th | Togo | -4.03% | -15.5% |
| 59th | Honduras | -3.98% | 40.6% |
| 60th | Latvia | -3.89% | 28.9% |
| 61st | Sudan | -3.76% | 66.8% |
| 62nd | Tanzania | -3.75% | 49.3% |
| 63rd | Dominican Republic | -3.67% | 36.3% |
| 64th | Jordan | -3.58% | 55.9% |
| 65th | United Kingdom | -3.58% | -70.2% |
| 66th | Kazakhstan | -3.56% | -224.7% |
| 67th | Türkiye | -3.49% | 30.2% |
| 68th | Equatorial Guinea | -3.49% | -153.2% |
| 69th | Haiti | -3.44% | -38.6% |
| 70th | United States | -3.40% | 10.8% |
| 71st | Argentina | -3.20% | -410.4% |
| 72nd | Egypt, Arab Republic of | -3.17% | 8.9% |
| 73rd | Chile | -3.13% | 64.6% |
| 74th | Panama | -3.08% | -8,204.0% |
| 75th | Uruguay | -3.04% | 19.6% |
| 76th | Zambia | -3.04% | -181.1% |
| 77th | Slovak Republic | -3.02% | 68.6% |
| 78th | Philippines | -2.83% | 37.2% |
| 79th | Armenia | -2.77% | -475.4% |
| 80th | Cabo Verde | -2.77% | 21.8% |
| 81st | Kenya | -2.55% | 49.6% |
| 82nd | Serbia | -2.39% | 63.3% |
| 83rd | Tunisia | -2.30% | 74.4% |
| 84th | Colombia | -2.26% | 62.5% |
| 85th | Bolivia, Plurinational State of | -2.19% | -184.0% |
| 86th | Bosnia and Herzegovina | -2.14% | 51.3% |
| 87th | Myanmar | -1.91% | 34.3% |
| 88th | Comoros | -1.86% | -332.6% |
| 89th | Kiribati | -1.77% | 85.3% |
| 90th | Estonia | -1.74% | 44.0% |
| 91st | St. Lucia | -1.57% | 56.2% |
| 92nd | Costa Rica | -1.43% | 56.3% |
| 93rd | Belarus | -1.41% | -141.2% |
| 94th | Brazil | -1.24% | 42.8% |
| 95th | Albania | -1.20% | 79.5% |
| 96th | South Africa | -1.10% | -240.6% |
| 97th | El Salvador | -1.09% | 83.8% |
| 98th | Morocco | -1.05% | 70.5% |
| 99th | France | -1.04% | 26.3% |
| 100th | Iceland | -1.00% | 41.3% |
| 101st | Finland | -0.93% | 61.6% |
| 102nd | Ghana | -0.91% | 60.4% |
| 103rd | India | -0.88% | 56.1% |
| 104th | Bulgaria | -0.88% | 67.2% |
| 105th | Mexico | -0.70% | 45.7% |
| 106th | Belize | -0.65% | 92.2% |
| 107th | Canada | -0.63% | -108.3% |
| 108th | Paraguay | -0.34% | 95.1% |
| 109th | Pakistan | -0.31% | 93.4% |
| 110th | Australia | -0.23% | -158.1% |
| 111th | Indonesia | -0.15% | -114.9% |
| 112th | Czechia | -0.13% | 97.3% |
| 113th | Namibia | -0.02% | 99.9% |
| 114th | Hungary | 0.00% | 100.0% |
| 115th | Belgium | 0.18% | 113.9% |
| 116th | Italy | 0.22% | 113.0% |
| 117th | North Macedonia | 0.32% | 105.2% |
| 118th | Peru | 0.33% | 108.2% |
| 119th | Zimbabwe | 0.37% | -40.6% |
| 120th | Portugal | 0.55% | 127.3% |
| 121st | Mongolia | 0.60% | 104.4% |
| 122nd | Croatia | 0.74% | 121.4% |
| 123rd | Bangladesh | 1.00% | 125.4% |
| 124th | Lithuania | 1.10% | 118.1% |
| 125th | Nauru | 1.27% | -31.7% |
| 126th | Cambodia | 1.30% | 106.7% |
| 127th | Austria | 1.31% | 252.3% |
| 128th | Nigeria | 1.32% | 734.1% |
| 129th | China | 1.44% | -40.5% |
| 130th | Botswana | 1.49% | 350.1% |
| 131st | Poland | 1.54% | 167.2% |
| 132nd | Malaysia | 1.56% | -50.9% |
| 133rd | Chad | 1.59% | -74.9% |
| 134th | Thailand | 1.64% | 147.5% |
| 135th | Sri Lanka | 1.72% | 273.8% |
| 136th | Korea | 1.78% | 24.0% |
| 137th | Ecuador | 1.94% | 0.0% |
| 138th | Iran, Islamic Republic of | 2.04% | -42.2% |
| 139th | Saudi Arabia | 2.13% | -82.5% |
| 140th | Eswatini | 2.14% | 178.3% |
| 141st | Oman | 2.29% | -37.2% |
| 142nd | Russian Federation | 2.38% | -77.0% |
| 143rd | Nepal | 2.45% | 119.5% |
| 144th | Lao PDR | 2.55% | 184.2% |
| 145th | Algeria | 2.62% | -69.0% |
| 146th | Jamaica | 2.66% | 465.4% |
| 147th | Spain | 2.73% | 552.1% |
| 148th | São Tomé and Principe | 3.03% | 120.9% |
| 149th | Israel | 3.07% | 14.9% |
| 150th | Guatemala | 3.08% | 163.7% |
| 151st | Japan | 3.72% | 76.2% |
| 152nd | Samoa | 3.84% | 136.3% |
| 153rd | Micronesia, Federated States of | 3.87% | -56.6% |
| 154th | Angola | 3.91% | -52.7% |
| 155th | Libya | 4.24% | -81.7% |
| 156th | Suriname | 4.27% | 126.0% |
| 157th | Slovenia | 4.47% | 579.7% |
| 158th | Congo, Republic of | 4.74% | -72.2% |
| 159th | Tajikistan | 4.77% | -68.7% |
| 160th | Aruba | 5.07% | -22.2% |
| 161st | Germany | 5.51% | 44.6% |
| 162nd | Sweden | 5.81% | 46.2% |
| 163rd | Bahrain | 5.84% | -60.3% |
| 164th | Switzerland | 5.90% | -36.4% |
| 165th | Turkmenistan | 5.92% | -38.8% |
| 166th | Viet Nam | 5.95% | 1,643.4% |
| 167th | Malta | 6.30% | 921.5% |
| 168th | Luxembourg | 6.85% | 6.1% |
| 169th | Ireland | 7.89% | -10.0% |
| 170th | South Sudan | 7.93% | 200.1% |
| 171st | Gabon | 8.05% | -26.3% |
| 172nd | Nicaragua | 8.23% | 383.3% |
| 173rd | Guinea | 8.48% | 249.3% |
| 174th | Hong Kong SAR, China | 8.49% | -16.9% |
| 175th | Papua New Guinea | 9.07% | -37.2% |
| 176th | Netherlands | 9.41% | 38.9% |
| 177th | Iraq | 10.55% | -33.1% |
| 178th | Denmark | 11.10% | -0.6% |
| 179th | Azerbaijan | 11.50% | -61.4% |
| 180th | Trinidad and Tobago | 11.55% | -34.1% |
| 181st | Brunei Darussalam | 12.88% | -34.0% |
| 182nd | United Arab Emirates | 13.13% | 1.0% |
| 183rd | Guyana | 13.90% | -46.2% |
| 184th | Andorra | 14.22% | 22.1% |
| 185th | Bermuda | 15.39% | 6.8% |
| 186th | Liechtenstein | 15.52% | 8.3% |
| 187th | Qatar | 16.77% | -37.4% |
| 188th | Marshall Islands | 16.82% | 67.4% |
| 189th | Norway | 17.41% | -41.2% |
| 190th | Singapore | 17.69% | -4.0% |
| 191st | Djibouti | 18.50% | -2.4% |
| 192nd | San Marino | 21.99% | 61.7% |
| 193rd | Kuwait | 31.08% | -9.6% |
| 194th | Macao SAR, China | 31.38% | 125.7% |
| 195th | Tuvalu | 39.98% | 14,853.5% |
FAQ
What was Trinidad and Tobago's current account balance in 2023?▾
Trinidad and Tobago's current account balance in 2023 was 11.55%. This ranked 180th globally.
How did Trinidad and Tobago's current account balance change in 2023?▾
Trinidad and Tobago's current account balance decreased by 34.1% in 2023 compared to 2022.
Which country had the highest current account balance in 2023?▾
Tuvalu had the highest current account balance in 2023 at 39.98%.
What is the current account balance of Trinidad and Tobago in 2023?▾
The current account balance of Trinidad and Tobago in 2023 was 11.55%. This ranked 180th globally.
How does 2023 compare to 2022 for Trinidad and Tobago's current account balance?▾
Trinidad and Tobago's current account balance went from 10.17% in 2022 to 11.55% in 2023, a 34.1% decrease.
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 2006
Lowest: 1983
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
Highest ever
Lowest ever
Average
vs Türkiye
vs American Samoa
vs Maldives
vs Russian Federation
Global Ranking