Trinidad and Tobago Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Trinidad and Tobago's government debt to gdp was 65.34% in 2025, ranked 61st globally. This represents a 1.2% increase from 2024. Data from IMF WEO, covering 1988–2025.
Overview
Trinidad and Tobago's government debt to gdp stood at 65.34% in 2025, a rise of +0.76% from 2024. The IMF projects 65.34% by 2025. Trinidad and Tobago ranked 61st globally.
Trinidad and Tobago’s government debt-to‑GDP ratio has remained remarkably stable over the 38‑year series, moving from 65.32 % in 1988 to a marginally higher 65.34 % in 2025, which also represents the all‑time peak recorded in the IMF World Economic Outlook. The ratio’s lowest point occurred in 2008, when it fell to 14.24 %, reflecting the fiscal discipline of that period before a gradual accumulation of liabilities. Compared with its nearest peers, the nation’s ratio of 65.34 % ranks just below Antigua and Barbuda’s 65.67 % and slightly above Thailand’s 64.94 %, placing it 61st globally. The persistence of a high debt burden despite a modest rise since the early 1990s suggests limited fiscal consolidation, while the 2008 trough underscores the impact of favorable external conditions. Continued attention to revenue diversification and expenditure control will be crucial if the trajectory is to be reversed and the debt ratio reduced in the coming years.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 67.91% | - | - |
| 2029* IMF | 68.85% | - | - |
| 2028* IMF | 69.91% | - | - |
| 2027* IMF | 70.03% | - | - |
| 2026* IMF | 68.54% | - | - |
| 2025* IMF | 65.34% | - | - |
| 2025 | 65.34% | +0.76% | #61 |
| 2024 | 64.58% | +4.39% | #118 |
| 2023 | 60.20% | +6.98% | #109 |
| 2022 | 53.22% | −7.30% | #92 |
| 2021 | 60.51% | −0.08% | #102 |
| 2020 | 60.60% | +14.58% | #101 |
| 2019 | 46.01% | +4.53% | #89 |
| 2018 | 41.49% | +1.39% | #74 |
| 2017 | 40.09% | +5.39% | #67 |
| 2016 | 34.70% | +8.30% | #52 |
| 2015 | 26.40% | +2.77% | #38 |
| 2014 | 23.63% | +1.71% | #36 |
| 2013 | 21.93% | −0.14% | #35 |
| 2012 | 22.06% | −5.24% | #43 |
| 2011 | 27.30% | +9.90% | #56 |
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 government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's government debt to gdp was 65.34% in 2025. Ranked 61st globally. This represents a 1.2% increase from the previous year.
Trinidad and Tobago's government debt to gdp peaked at 65.34% in 2025.
The lowest government debt to gdp in Trinidad and Tobago was 14.25% in 2008.
Trinidad and Tobago ranks 61st globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Trinidad and Tobago's government debt to gdp is projected to reach 65.34% by 2025 based on IMF projection.
The government debt to gdp of Trinidad and Tobago in 2025 was 65.34%. This ranks 61st in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_government-debt-to-gdp,
title = {Trinidad and Tobago Government Debt to GDP},
url = {https://historysaid.com/trinidad-and-tobago/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}