Trinidad and Tobago Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Trinidad and Tobago's gross savings was 20.70% in 2025, ranked 91st globally. This represents a 15.5% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Trinidad and Tobago's gross savings stood at 20.70% in 2025, a decline of +3.79% from 2024. The IMF projects 20.70% by 2025. Trinidad and Tobago ranked 91st globally.
Trinidad and Tobago’s gross savings ratio has declined markedly since the early 1980s, falling from an 1980 level of 35.71 percent to an all‑time trough of 8.65 percent in 1986, before rebounding to a peak of 37.25 percent in 2008. The subsequent decade saw a gradual erosion of the savings stock, leaving the economy at 20.70 percent in 2025, which ranks it 91st globally. This recent figure is closely aligned with peer economies such as Peru (20.77 percent), Mauritius (20.63 percent) and Cabo Verde (21.27 percent), suggesting that Trinidad and Tobago now sits within a cluster of small open economies where savings are modest relative to output. The downward swing after the 2008 high reflects weaker fiscal buffers, lower commodity prices and limited diversification, while the modest recovery to the current level indicates some stabilization of current‑account flows. Continued improvements in fiscal discipline, higher investment returns and deeper financial intermediation could reverse the long‑term decline and lift the savings ratio above its recent plateau.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 22.56% | - | - |
| 2029* IMF | 22.47% | - | - |
| 2028* IMF | 22.34% | - | - |
| 2027* IMF | 21.56% | - | - |
| 2026* IMF | 21.30% | - | - |
| 2025* IMF | 20.70% | - | - |
| 2025 | 20.70% | −3.79% | #91 |
| 2024 | 24.49% | −2.01% | #71 |
| 2023 | 26.50% | +4.80% | #63 |
| 2022 | 21.69% | −0.32% | #95 |
| 2021 | 22.01% | +6.21% | #95 |
| 2020 | 15.81% | −7.34% | #133 |
| 2019 | 23.15% | +0.23% | #88 |
| 2018 | 22.92% | −4.48% | #87 |
| 2017 | 27.40% | +0.29% | #55 |
| 2016 | 27.11% | −5.69% | #46 |
| 2015 | 32.81% | +2.62% | #23 |
| 2014 | 30.19% | −1.23% | #37 |
| 2013 | 31.42% | +1.62% | #35 |
| 2012 | 29.80% | +2.19% | #44 |
| 2011 | 27.61% | −2.83% | #50 |
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 gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's gross savings was 20.70% in 2025. Ranked 91st globally. This represents a 15.5% decrease from the previous year.
Trinidad and Tobago's gross savings peaked at 37.25% in 2008.
The lowest gross savings in Trinidad and Tobago was 8.65% in 1986.
Trinidad and Tobago ranks 91st globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Trinidad and Tobago's gross savings is projected to reach 20.70% by 2025 based on IMF projection.
The gross savings of Trinidad and Tobago in 2025 was 20.70%. This ranks 91st in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_gross-savings,
title = {Trinidad and Tobago Gross Savings},
url = {https://historysaid.com/trinidad-and-tobago/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}