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Trinidad and Tobago Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS


Overview

Data & projection

Year Trade Openness YoY change Rank

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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

Cite this page

APA
Trinidad and Tobago Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/trinidad-and-tobago/trade-openness
BibTeX
@misc{historysaid_trinidad-and-tobago_trade-openness, title = {Trinidad and Tobago Trade Openness}, url = {https://historysaid.com/trinidad-and-tobago/trade-openness}, publisher = {HistorySaid}, year = {2026} }