Trinidad and Tobago GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Trinidad and Tobago's gdp deflator was -4.10% in 2025, ranked 207th globally. This represents a 3,166.8% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Trinidad and Tobago's gdp deflator stood at -4.10% in 2025, a decline of +3.97pp from 2024. Based on recent trends, this figure is projected to reach -4.10% by 2025. Trinidad and Tobago ranked 207th globally.
Trinidad and Tobago’s GDP deflator has swung dramatically over the 65‑year series, falling from an all‑time peak of 57.51 % in 1974 to a record trough of –27.63 % in 2009, before moderating to –4.10 % in 2025, a figure that places the economy at 207th globally. The persistent negative readings since the 2009 crisis reflect prolonged deflationary pressure, underscoring the vulnerability of a small, open economy to external shocks and volatile commodity prices. By comparison, Cuba’s deflator stands at –1.41 % and Timor‑Leste’s at –7.41 %, situating Trinidad and Tobago nearer the more severe end of the regional spectrum. The modest improvement from the 2009 trough suggests that recent fiscal consolidation and modest growth in the energy sector have curbed price declines, yet the deflator remains firmly in negative territory. Sustained diversification away from oil and gas, coupled with structural reforms to boost domestic demand, will be crucial if the country is to reverse the deflationary trend and achieve a positive price trajectory.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -9.13% | - | - |
| 2026* trend | -6.62% | - | - |
| 2025* trend | -4.10% | - | - |
| 2025 | -4.10% | −3.97pp | #207 |
| 2024 | -0.13% | +12.86pp | #15 |
| 2023 | -12.99% | −28.91pp | #4 |
| 2022 | 15.93% | −1.00pp | #175 |
| 2021 | 16.93% | +19.43pp | #179 |
| 2020 | -2.50% | −0.11pp | #26 |
| 2019 | -2.39% | −3.44pp | #12 |
| 2018 | 1.05% | −6.75pp | #38 |
| 2017 | 7.80% | +8.26pp | #171 |
| 2016 | -0.46% | +8.55pp | #28 |
| 2015 | -9.01% | −8.04pp | #10 |
| 2014 | -0.97% | −2.96pp | #19 |
| 2013 | 1.98% | +1.64pp | #96 |
| 2012 | 0.34% | −15.38pp | #21 |
| 2011 | 15.73% | +3.00pp | #182 |
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 gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's gdp deflator was -4.10% in 2025. Ranked 207th globally. This represents a 3,166.8% decrease from the previous year.
Trinidad and Tobago's gdp deflator peaked at 57.51% in 1974.
The lowest gdp deflator in Trinidad and Tobago was -27.63% in 2009.
Trinidad and Tobago ranks 207th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Trinidad and Tobago's gdp deflator is projected to reach -4.10% by 2025 based on trend extrapolation.
The gdp deflator of Trinidad and Tobago in 2025 was -4.10%. This ranks 207th in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_gdp-deflator,
title = {Trinidad and Tobago GDP Deflator},
url = {https://historysaid.com/trinidad-and-tobago/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}