Trinidad and Tobago Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Trinidad and Tobago's inflation rate was 1.46% in 2025, ranked 158th globally. This represents a 176.2% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Trinidad and Tobago's inflation rate stood at 1.46% in 2025, a rise of +0.93pp from 2024. The IMF projects 1.46% by 2025. Trinidad and Tobago ranked 158th globally.
Trinidad and Tobago’s inflation rate has fallen dramatically since its post‑oil boom peak of 22.02 % in 1974, reaching a historic low of 0.53 % in 2024 before modestly rising to 1.46 % in 2025, a level that places the nation at 158th in the world ranking. Over the 66‑year series, the average price growth has been far lower than many regional peers; for example, Belize recorded 1.40 % and Cabo Verde 1.50 % in the same year. The sharp decline from the 1970s reflects structural adjustments, tighter monetary policy and the gradual diversification of the economy away from volatile energy revenues. Nevertheless, the recent uptick suggests that external shocks, such as global commodity price swings or exchange‑rate pressures, could re‑elevate inflation. Maintaining disciplined fiscal and monetary frameworks will be crucial if the country is to keep inflation near the low‑single‑digit range and avoid a reversal of the long‑term downward trend.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.00% | - | - |
| 2029* IMF | 2.00% | - | - |
| 2028* IMF | 2.09% | - | - |
| 2027* IMF | 2.23% | - | - |
| 2026* IMF | 2.23% | - | - |
| 2025* IMF | 1.46% | - | - |
| 2025 | 1.46% | +0.93pp | #158 |
| 2024 | 0.53% | −4.10pp | #12 |
| 2023 | 4.63% | −1.20pp | #72 |
| 2022 | 5.83% | +3.77pp | #61 |
| 2021 | 2.06% | +1.46pp | #52 |
| 2020 | 0.60% | −0.40pp | #58 |
| 2019 | 1.00% | −0.02pp | #56 |
| 2018 | 1.02% | −0.87pp | #38 |
| 2017 | 1.88% | −1.19pp | #82 |
| 2016 | 3.07% | −1.59pp | #130 |
| 2015 | 4.66% | −1.04pp | #150 |
| 2014 | 5.68% | +0.50pp | #154 |
| 2013 | 5.20% | −4.08pp | #141 |
| 2012 | 9.26% | +4.17pp | #171 |
| 2011 | 5.11% | −5.43pp | #114 |
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 inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's inflation rate was 1.46% in 2025. Ranked 158th globally. This represents a 176.2% increase from the previous year.
Trinidad and Tobago's inflation rate peaked at 22.02% in 1974.
The lowest inflation rate in Trinidad and Tobago was 0.53% in 2024.
Trinidad and Tobago ranks 158th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Trinidad and Tobago's inflation rate is projected to reach 1.46% by 2025 based on IMF projection.
The inflation rate of Trinidad and Tobago in 2025 was 1.46%. This ranks 158th in the world.
Cite this page
@misc{historysaid_trinidad-and-tobago_inflation-rate,
title = {Trinidad and Tobago Inflation Rate},
url = {https://historysaid.com/trinidad-and-tobago/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}