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Trinidad and Tobago Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Trinidad and Tobago's poverty rate was 3.20% in 1992, ranked 19th globally. This represents a 433.3% increase from 1991. Data from World Bank, covering 1988–1992.

3.20% +2.60pp (+433.3%)
Year 1992 Rank #19 Global Peak 3.20% (1992) Source World Bank

Trinidad and Tobago Poverty Rate (1988–1992)

Overview

Trinidad and Tobago's poverty rate stood at 3.20% in 1992, a rise of +2.60pp from 1988. Trinidad and Tobago ranked 19th globally.

Trinidad and Tobago’s poverty rate rose from 0.60 % in 1988 to a peak of 3.20 % in 1992, the highest level recorded in the two‑year coverage window and placing the nation 19th globally in that year. The modest increase reflects a shift in the early 1990s when regional economies faced external shocks, yet the absolute level remained low compared with many peers; for example, Malaysia’s poverty rate stood at 5.00 % and Argentina’s at 2.50 % during comparable periods. The trough in 1988 suggests that the country had already achieved a relatively low baseline, while the subsequent rise to 3.20 % indicates that vulnerability to economic fluctuations, such as declines in oil revenues, can quickly elevate poverty even in small island states. If the government sustains diversification efforts and strengthens social safety nets, the upward trajectory may be reversed, allowing the poverty rate to retreat toward the low‑single‑digit range observed before the early‑1990s peak.

Data & projection

Year Poverty Rate YoY change Rank
1992 3.20% +2.60pp #19
1988 0.60% – #5

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 poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's poverty rate?▾

Trinidad and Tobago's poverty rate was 3.20% in 1992. Ranked 19th globally. This represents a 433.3% increase from the previous year.

What was the highest poverty rate in Trinidad and Tobago?▾

Trinidad and Tobago's poverty rate peaked at 3.20% in 1992.

What was the lowest poverty rate in Trinidad and Tobago?▾

The lowest poverty rate in Trinidad and Tobago was 0.60% in 1988.

How does Trinidad and Tobago rank in poverty rate?▾

Trinidad and Tobago ranks 19th globally in poverty rate as of 1992.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the poverty rate of Trinidad and Tobago in 1992?▾

The poverty rate of Trinidad and Tobago in 1992 was 3.20%. This ranks 19th in the world.

Cite this page

APA
Trinidad and Tobago Poverty Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/trinidad-and-tobago/poverty-rate/
BibTeX
@misc{historysaid_trinidad-and-tobago_poverty-rate, title = {Trinidad and Tobago Poverty Rate}, url = {https://historysaid.com/trinidad-and-tobago/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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