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Trinidad and Tobago GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Trinidad and Tobago's gdp growth was 1.02% in 2025, ranked 160th globally. This represents a 59.3% decrease from 2024. Data from World Bank, covering 1961–2025.

1.02% −1.49pp (-59.3%)
Year 2025 Rank #160 Global Peak 14.44% (2003) Source World Bank

Trinidad and Tobago GDP Growth (1961–2025)

Overview

Trinidad and Tobago's gdp growth stood at 1.02% in 2025, a decline of +1.49pp from 2024. The IMF projects 1.02% by 2025. Trinidad and Tobago ranked 160th globally.

Trinidad and Tobago’s real GDP growth has averaged modestly over the 65‑year span from 1961 to 2025, with the latest World Bank estimate for 2025 standing at 1.02 % and placing the nation at 160th in the global ranking. The economy’s most vigorous expansion occurred in 2003 when growth surged to an all‑time peak of 14.44 %, while the deepest contraction was recorded in 1983 at –10.30 %, reflecting the vulnerability of a small open economy to external shocks and commodity price swings. Compared with peers of similar rank, Latvia posted a comparable 1.03 % growth rate in 2025, underscoring that many small or transition economies are experiencing similarly restrained expansions. The long‑term trajectory suggests that without structural diversification, investment in high‑value sectors, and resilience to global demand cycles, Trinidad and Tobago is likely to remain near the lower end of global growth rankings, though policy reforms could gradually lift its growth path.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 1.81% - -
2029* IMF 2.87% - -
2028* IMF 3.15% - -
2027* IMF 2.53% - -
2026* IMF 1.20% - -
2025* IMF 1.02% - -
2025 1.02% −1.49pp #160
2024 2.51% +1.04pp #124
2023 1.47% +0.61pp #149
2022 0.86% +1.58pp #178
2021 -0.72% +8.07pp #197
2020 -8.79% −9.26pp #165
2019 0.47% +1.41pp #176
2018 -0.95% +3.93pp #197
2017 -4.87% +2.66pp #202
2016 -7.54% −7.13pp #208
2015 -0.41% −4.08pp #192
2014 3.67% +0.30pp #94
2013 3.37% −1.26pp #100
2012 6.71% +6.90pp #37
2011 -0.29% −3.76pp #188
Show all years (1961-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 3.7% C/A balance 14.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

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 growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's gdp growth?▾

Trinidad and Tobago's gdp growth was 1.02% in 2025. Ranked 160th globally. This represents a 59.3% decrease from the previous year.

What was the highest gdp growth in Trinidad and Tobago?▾

Trinidad and Tobago's gdp growth peaked at 14.44% in 2003.

What was the lowest gdp growth in Trinidad and Tobago?▾

The lowest gdp growth in Trinidad and Tobago was -10.30% in 1983.

How does Trinidad and Tobago rank in gdp growth?▾

Trinidad and Tobago ranks 160th globally in gdp growth as of 2025.

What is the World Bank indicator code for gdp growth?▾

The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.

What is the projected gdp growth of Trinidad and Tobago in 2025?▾

Trinidad and Tobago's gdp growth is projected to reach 1.02% by 2025 based on IMF projection.

What is the gdp growth of Trinidad and Tobago in 2025?▾

The gdp growth of Trinidad and Tobago in 2025 was 1.02%. This ranks 160th in the world.

Cite this page

APA
Trinidad and Tobago GDP Growth. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/trinidad-and-tobago/gdp-growth/
BibTeX
@misc{historysaid_trinidad-and-tobago_gdp-growth, title = {Trinidad and Tobago GDP Growth}, url = {https://historysaid.com/trinidad-and-tobago/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }
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