Trinidad and Tobago Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Trinidad and Tobago's unemployment rate was 3.33% in 2025, ranked 53rd globally. This represents a 32.7% decrease from 2024. Data from World Bank, covering 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.
Trinidad and Tobago’s unemployment rate has fallen dramatically over the 35‑year span from 18.52 % in 1991 to a World Bank‑recorded 3.33 % in 2025, ranking the nation 53rd globally. The sharpest rise occurred in the early 1990s, with the all‑time peak of 19.81 % recorded in 1993, reflecting regional economic turbulence and fiscal tightening. A sustained decline began in the mid‑2000s, culminating in the all‑time trough of 2.43 % in 2015, driven by diversification of the energy sector and modest growth in services. By 2025 the rate is virtually identical to peer economies such as Ecuador (3.31 %) and Belarus (3.38 %), underscoring a convergence with other small open economies that have benefitted from structural reforms. Maintaining this low unemployment level will depend on continued investment in renewable energy and higher‑skill training, as any slowdown in these areas could reverse the downward trajectory.
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 |
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 unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Trinidad and Tobago's unemployment rate was 3.33% in 2025. Ranked 53rd globally. This represents a 32.7% decrease from the previous year.
Trinidad and Tobago's unemployment rate peaked at 19.81% in 1993.
The lowest unemployment rate in Trinidad and Tobago was 2.43% in 2015.
Trinidad and Tobago ranks 53rd globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Trinidad and Tobago's unemployment rate is projected to reach 4.01% by 2025 based on IMF projection.
The unemployment rate of Trinidad and Tobago in 2025 was 3.33%. This ranks 53rd in the world.
Cite this page
@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}
}