Home Trinidad and Tobago Employment Unemployment Rate

Trinidad and Tobago Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

3.33% −1.62pp (-32.7%)
Year 2025 Rank #53 Global Peak 19.81% (1993) Source World Bank

Trinidad and Tobago Unemployment Rate (1991–2025)

Overview

Trinidad and Tobago's unemployment rate stood at 3.33% in 2025, a decline of +1.62pp from 2024. The IMF projects 4.01% by 2025. Trinidad and Tobago ranked 53rd globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 4.05% - -
2029* IMF 4.06% - -
2028* IMF 4.14% - -
2027* IMF 4.20% - -
2026* IMF 4.14% - -
2025* IMF 4.01% - -
2025 3.33% −1.62pp #53
2024 3.32% −0.66pp #53
2023 3.36% −1.56pp #53
2022 4.38% −0.98pp #76
2021 4.45% −1.20pp #55
2020 4.21% −0.05pp #49
2019 3.52% −0.40pp #52
2018 3.50% −1.33pp #47
2017 3.39% −0.57pp #40
2016 3.21% −0.20pp #36
2015 2.43% −0.88pp #23
2014 2.48% −1.30pp #25
2013 2.68% −2.26pp #25
2012 3.72% −1.33pp #46
2011 3.43% −2.51pp #37
Show all years (1991-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's unemployment rate?

Trinidad and Tobago's unemployment rate was 3.33% in 2025. Ranked 53rd globally. This represents a 32.7% decrease from the previous year.

What was the highest unemployment rate in Trinidad and Tobago?

Trinidad and Tobago's unemployment rate peaked at 19.81% in 1993.

What was the lowest unemployment rate in Trinidad and Tobago?

The lowest unemployment rate in Trinidad and Tobago was 2.43% in 2015.

How does Trinidad and Tobago rank in unemployment rate?

Trinidad and Tobago ranks 53rd globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Trinidad and Tobago in 2025?

Trinidad and Tobago's unemployment rate is projected to reach 4.01% by 2025 based on IMF projection.

What is the unemployment rate of Trinidad and Tobago in 2025?

The unemployment rate of Trinidad and Tobago in 2025 was 3.33%. This ranks 53rd in the world.

Cite this page

APA
Trinidad and Tobago Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/trinidad-and-tobago/unemployment-rate
BibTeX
@misc{historysaid_trinidad-and-tobago_unemployment-rate, title = {Trinidad and Tobago Unemployment Rate}, url = {https://historysaid.com/trinidad-and-tobago/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }