Home Trinidad and Tobago Government Government Spending

Trinidad and Tobago Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

33.32% +1.96% (+6.3%)
Year 2019 Rank #104 Global Peak 33.55% (2015) Source World Bank

Trinidad and Tobago Government Spending (2001–2019)

Overview

Trinidad and Tobago's government spending stood at 33.32% in 2019, a rise of +1.96% from 2018. Trinidad and Tobago ranked 104th globally.

Data & projection

Year Government Spending YoY change Rank
2019 33.32% +1.96% #104
2018 31.36% −1.69% #95
2017 33.04% −0.38% #111
2016 33.43% −0.12% #108
2015 33.55% +2.45% #108
2014 31.10% +1.66% #96
2013 29.44% +0.92% #83
2012 28.52% +1.20% #83
2011 27.32% −3.37% #74
2010 30.70% −2.32% #82
2009 33.01% +6.58% #77
2008 26.43% +1.92% #61
2007 24.51% −4.99% #55
2006 29.51% +6.85% #67
2005 22.65% +0.03% #47
Show all years (2001-2019)

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 government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's government spending?

Trinidad and Tobago's government spending was 33.32% in 2019. Ranked 104th globally. This represents a 6.3% increase from the previous year.

What was the highest government spending in Trinidad and Tobago?

Trinidad and Tobago's government spending peaked at 33.55% in 2015.

What was the lowest government spending in Trinidad and Tobago?

The lowest government spending in Trinidad and Tobago was 22.10% in 2003.

How does Trinidad and Tobago rank in government spending?

Trinidad and Tobago ranks 104th globally in government spending as of 2019.

What is the World Bank indicator code for government spending?

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Trinidad and Tobago in 2019?

The government spending of Trinidad and Tobago in 2019 was 33.32%. This ranks 104th in the world.

Cite this page

APA
Trinidad and Tobago Government Spending. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/trinidad-and-tobago/government-spending
BibTeX
@misc{historysaid_trinidad-and-tobago_government-spending, title = {Trinidad and Tobago Government Spending}, url = {https://historysaid.com/trinidad-and-tobago/government-spending}, publisher = {HistorySaid}, year = {2026} }