Bank concentration in Trinidad and Tobago
Trinidad and Tobago: Bank concentration was 92.6% in 2021. ▲ Rising
Bank concentration in Trinidad and Tobago, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Trinidad and Tobago recorded 92.6% for bank concentration in 2021.
The figure is down 1.0% on the previous year and down 6.8% over ten years.
Over the whole period, bank concentration in Trinidad and Tobago peaked at 100.0% in 2012 and was at its lowest, 76.5%, in 2001.
That places Trinidad and Tobago 33rd out of 170 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Bank concentration in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 77.8% | — |
| 2001 | 76.5% | -1.6% |
| 2002 | 79.7% | +4.3% |
| 2003 | 88.4% | +10.8% |
| 2004 | 86.1% | -2.6% |
| 2005 | 85.9% | -0.2% |
| 2006 | 92.6% | +7.9% |
| 2007 | 92.1% | -0.5% |
| 2008 | 98.6% | +7.1% |
| 2009 | 93.4% | -5.3% |
| 2010 | 98.5% | +5.5% |
| 2011 | 99.3% | +0.8% |
| 2012 | 100.0% | +0.7% |
| 2013 | 100.0% | +0.0% |
| 2015 | 100.0% | +0.0% |
| 2016 | 94.8% | -5.2% |
| 2017 | 100.0% | +5.5% |
| 2019 | 93.3% | -6.7% |
| 2020 | 93.5% | +0.3% |
| 2021 | 92.6% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.1% | 76.5% | 98.6% | 10 |
| 2010s | 98.2% | 93.3% | 100.0% | 8 |
| 2020s | 93.0% | 92.6% | 93.5% | 2 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Total reserves in months of imports, annual growth rate -23.81 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -13.8 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1086 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,061 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -10.74 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,721 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -8.67 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,868 SDR per person (2025)
Frequently asked questions
- What is bank concentration in Trinidad and Tobago?
- Bank concentration in Trinidad and Tobago was 92.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Trinidad and Tobago?
- The highest recorded value was 100.0% in 2012.
- What is the lowest bank concentration recorded in Trinidad and Tobago?
- The lowest recorded value was 76.5% in 2001.
- How does Trinidad and Tobago rank for bank concentration?
- Trinidad and Tobago ranks 33rd out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.