Trinidad and Tobago - Government Debt to GDP 2023
60.20%
+6.98% from 2022
Trinidad and Tobago's government debt to gdp was 60.20% in 2023, increased +6.98% from 53.22% in 2022. This was the 109th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liechtenstein | 0.47% | -8.7% |
| 2nd | Brunei Darussalam | 2.33% | 13.5% |
| 3rd | Kuwait | 3.13% | 6.2% |
| 4th | Turkmenistan | 5.46% | -23.5% |
| 5th | Hong Kong SAR, China | 6.33% | 48.0% |
| 6th | Tuvalu | 6.67% | 5.4% |
| 7th | Afghanistan | 8.42% | -21.7% |
| 8th | Kiribati | 11.42% | -30.0% |
| 9th | Timor-Leste | 12.45% | 57.6% |
| 10th | Micronesia, Federated States of | 12.86% | -14.7% |
| 11th | Puerto Rico (US) | 16.60% | -0.5% |
| 12th | Marshall Islands | 18.22% | -8.0% |
| 13th | Russian Federation | 19.47% | 5.3% |
| 14th | Estonia | 20.10% | 4.7% |
| 15th | Solomon Islands | 20.30% | 30.9% |
| 16th | Nauru | 20.47% | -8.5% |
| 17th | Azerbaijan | 21.81% | 25.9% |
| 18th | Botswana | 22.51% | 7.2% |
| 19th | Bulgaria | 22.89% | 1.8% |
| 20th | Kazakhstan | 22.98% | -2.3% |
| 21st | Saudi Arabia | 22.98% | 7.9% |
| 22nd | Luxembourg | 24.68% | -0.9% |
| 23rd | Cambodia | 26.28% | 3.0% |
| 24th | Guyana | 26.65% | 7.3% |
| 25th | Congo, Democratic Republic of | 26.98% | 13.4% |
| 26th | Guatemala | 27.21% | -6.1% |
| 27th | Haiti | 28.46% | -3.5% |
| 28th | Türkiye | 28.67% | -5.0% |
| 29th | Comoros | 28.71% | 1.9% |
| 30th | Bosnia and Herzegovina | 28.98% | -7.2% |
| 31st | Iran, Islamic Republic of | 29.64% | -14.0% |
| 32nd | Tajikistan | 29.95% | -5.8% |
| 33rd | Samoa | 31.81% | -22.4% |
| 34th | Sweden | 31.81% | -6.2% |
| 35th | United Arab Emirates | 31.91% | 1.3% |
| 36th | Uzbekistan | 32.18% | 5.4% |
| 37th | Chad | 32.23% | 0.4% |
| 38th | Peru | 32.43% | -3.1% |
| 39th | Denmark | 33.79% | -1.3% |
| 40th | Viet Nam | 34.26% | -1.9% |
| 41st | Moldova | 34.95% | -0.3% |
| 42nd | Djibouti | 35.44% | -7.5% |
| 43rd | Andorra | 35.47% | -8.8% |
| 44th | Nigeria | 36.34% | 21.8% |
| 45th | Lithuania | 37.34% | -1.9% |
| 46th | Oman | 37.49% | -10.0% |
| 47th | Switzerland | 38.68% | 4.0% |
| 48th | Georgia | 38.92% | -0.6% |
| 49th | Equatorial Guinea | 39.09% | 31.3% |
| 50th | Eswatini | 39.37% | -0.4% |
| 51st | Chile | 39.42% | 4.0% |
| 52nd | Indonesia | 39.60% | -1.3% |
| 53rd | Bangladesh | 39.73% | 4.9% |
| 54th | Guinea | 40.35% | 6.5% |
| 55th | Belarus | 40.72% | -0.3% |
| 56th | Paraguay | 41.06% | 1.3% |
| 57th | Vanuatu | 41.78% | -2.3% |
| 58th | Kyrgyz Republic | 41.95% | -10.4% |
| 59th | Ireland | 42.06% | -2.6% |
| 60th | Iraq | 42.08% | 8.0% |
| 61st | Czechia | 42.22% | -0.7% |
| 62nd | Nicaragua | 42.30% | -7.9% |
| 63rd | Cameroon | 43.15% | -5.3% |
| 64th | Tonga | 43.26% | 0.1% |
| 65th | Qatar | 43.67% | 2.6% |
| 66th | Norway | 44.13% | 22.4% |
| 67th | Latvia | 44.65% | 0.5% |
| 68th | Serbia | 45.67% | -10.3% |
| 69th | Netherlands | 45.92% | -5.1% |
| 70th | Mongolia | 46.71% | -27.7% |
| 71st | Malta | 46.82% | -6.6% |
| 72nd | New Zealand | 46.92% | 0.1% |
| 73rd | Nepal | 46.96% | 9.9% |
| 74th | Mauritania | 47.12% | -6.6% |
| 75th | Algeria | 47.66% | -0.9% |
| 76th | Tanzania | 47.80% | 6.6% |
| 77th | Honduras | 47.85% | -6.3% |
| 78th | West Bank and Gaza | 48.50% | 2.9% |
| 79th | Sierra Leone | 49.47% | -8.3% |
| 80th | Poland | 49.52% | 1.5% |
| 81st | Australia | 49.58% | -1.3% |
| 82nd | Armenia | 50.45% | 2.4% |
| 83rd | Uganda | 50.51% | 0.7% |
| 84th | Korea | 50.54% | 1.5% |
| 85th | North Macedonia | 50.83% | 0.7% |
| 86th | Panama | 51.23% | -2.8% |
| 87th | Niger | 51.81% | 2.4% |
| 88th | Mali | 51.88% | 3.1% |
| 89th | South Sudan | 51.91% | 39.2% |
| 90th | Romania | 52.14% | 0.8% |
| 91st | Mexico | 52.64% | -2.2% |
| 92nd | Madagascar | 52.66% | 5.6% |
| 93rd | Papua New Guinea | 53.86% | 11.8% |
| 94th | Ecuador | 54.33% | -5.0% |
| 95th | Benin | 54.90% | 1.3% |
| 96th | Seychelles | 55.29% | -7.9% |
| 97th | Colombia | 55.46% | -9.5% |
| 98th | Slovak Republic | 55.64% | -3.6% |
| 99th | Central African Republic | 55.64% | 11.5% |
| 100th | St. Kitts and Nevis | 55.72% | -7.6% |
| 101st | Philippines | 56.48% | -1.6% |
| 102nd | Burkina Faso | 56.82% | -4.0% |
| 103rd | Côte d'Ivoire | 57.53% | 2.7% |
| 104th | Liberia | 57.82% | 6.5% |
| 105th | Albania | 57.98% | -11.1% |
| 106th | Burundi | 58.06% | -15.2% |
| 107th | Myanmar | 59.06% | 5.3% |
| 108th | Montenegro | 59.57% | -15.3% |
| 109th | Trinidad and Tobago | 60.20% | 13.1% |
| 110th | Dominican Republic | 60.51% | 1.6% |
| 111th | Costa Rica | 61.12% | -3.0% |
| 112th | Israel | 61.33% | 1.7% |
| 113th | Lesotho | 61.46% | -4.5% |
| 114th | Iceland | 61.55% | -7.4% |
| 115th | Croatia | 61.83% | -9.8% |
| 116th | Thailand | 62.32% | 2.9% |
| 117th | Germany | 62.38% | -3.2% |
| 118th | Rwanda | 63.42% | 4.1% |
| 119th | Uruguay | 64.00% | 6.8% |
| 120th | Jamaica | 66.55% | -5.2% |
| 121st | Namibia | 67.16% | -3.3% |
| 122nd | Belize | 67.50% | 1.0% |
| 123rd | Slovenia | 68.29% | -6.2% |
| 124th | San Marino | 68.34% | -3.1% |
| 125th | Togo | 68.60% | 2.4% |
| 126th | Morocco | 68.71% | -3.7% |
| 127th | Malaysia | 69.71% | 6.5% |
| 128th | Gabon | 70.59% | 7.6% |
| 129th | Angola | 72.41% | 29.1% |
| 130th | Hungary | 72.97% | -1.2% |
| 131st | South Africa | 73.22% | 3.5% |
| 132nd | São Tomé and Principe | 73.23% | -15.6% |
| 133rd | Kenya | 73.41% | 8.3% |
| 134th | Cyprus | 73.63% | -9.2% |
| 135th | Grenada | 74.55% | -6.0% |
| 136th | St. Lucia | 75.22% | 1.8% |
| 137th | Zimbabwe | 76.13% | 14.0% |
| 138th | Antigua and Barbuda | 76.33% | -6.9% |
| 139th | Palau | 76.44% | 10.9% |
| 140th | Finland | 77.52% | 4.7% |
| 141st | Yemen, Republic of | 77.86% | 19.2% |
| 142nd | Bahamas, The | 78.29% | -7.5% |
| 143rd | Austria | 78.51% | 0.2% |
| 144th | Pakistan | 78.51% | 1.5% |
| 145th | Ghana | 79.09% | -14.7% |
| 146th | Guinea-Bissau | 79.39% | -1.6% |
| 147th | Gambia, The | 80.24% | -4.3% |
| 148th | India | 80.72% | -1.8% |
| 149th | Ukraine | 81.21% | 4.5% |
| 150th | Mauritius | 81.45% | -0.4% |
| 151st | China | 82.01% | 8.7% |
| 152nd | Aruba | 82.46% | -15.6% |
| 153rd | Fiji | 82.93% | -9.4% |
| 154th | Brazil | 84.00% | 0.1% |
| 155th | Tunisia | 84.01% | 1.2% |
| 156th | El Salvador | 85.09% | 1.7% |
| 157th | Malawi | 86.70% | 14.5% |
| 158th | Jordan | 89.02% | 0.5% |
| 159th | St. Vincent and the Grenadines | 89.43% | 3.6% |
| 160th | Bolivia, Plurinational State of | 90.78% | 13.3% |
| 161st | Mozambique | 90.90% | -9.3% |
| 162nd | Egypt, Arab Republic of | 95.93% | 8.4% |
| 163rd | Portugal | 97.73% | -12.1% |
| 164th | Suriname | 98.23% | -16.0% |
| 165th | Dominica | 99.83% | -4.3% |
| 166th | United Kingdom | 100.35% | 0.7% |
| 167th | Congo, Republic of | 102.91% | 10.0% |
| 168th | Belgium | 103.25% | 0.5% |
| 169th | Spain | 105.07% | -3.8% |
| 170th | Canada | 107.71% | 3.4% |
| 171st | France | 109.62% | -1.6% |
| 172nd | Sri Lanka | 110.38% | -4.8% |
| 173rd | Barbados | 111.48% | -1.9% |
| 174th | Lao PDR | 116.54% | -10.9% |
| 175th | Bhutan | 117.05% | -2.3% |
| 176th | Cabo Verde | 117.52% | -7.9% |
| 177th | Senegal | 118.38% | 12.7% |
| 178th | United States | 119.84% | 0.6% |
| 179th | Maldives | 122.39% | 9.6% |
| 180th | Bahrain | 123.02% | 10.2% |
| 181st | Zambia | 129.06% | 29.7% |
| 182nd | Italy | 134.64% | -2.7% |
| 183rd | Argentina | 154.60% | 83.4% |
| 184th | Greece | 165.16% | -7.4% |
| 185th | Singapore | 172.80% | 12.0% |
| 186th | Lebanon | 192.78% | -21.2% |
| 187th | Japan | 240.46% | -3.1% |
| 188th | Sudan | 259.89% | 39.1% |
FAQ
What was Trinidad and Tobago's government debt to gdp in 2023?▾
Trinidad and Tobago's government debt to gdp in 2023 was 60.20%. This ranked 109th globally.
How did Trinidad and Tobago's government debt to gdp change in 2023?▾
Trinidad and Tobago's government debt to gdp increased by 13.1% in 2023 compared to 2022.
Which country had the highest government debt to gdp in 2023?▾
Sudan had the highest government debt to gdp in 2023 at 259.89%.
What is the government debt to gdp of Trinidad and Tobago in 2023?▾
The government debt to gdp of Trinidad and Tobago in 2023 was 60.20%. This ranked 109th globally.
How does 2023 compare to 2022 for Trinidad and Tobago's government debt to gdp?▾
Trinidad and Tobago's government debt to gdp went from 53.22% in 2022 to 60.20% in 2023, a 13.1% increase.
Related
2022
2024
All years
Full ranking 2023
Tax Revenue
Government Spending
Military Spending
Health Spending
Budget Deficit
Peak: 2025
Lowest: 2008
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
Highest ever
Lowest ever
Average
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Global Ranking