Bank cost to income ratio in Trinidad and Tobago
Trinidad and Tobago: Bank cost to income ratio was 60.4% in 2021. ▲ Rising
Bank cost to income ratio in Trinidad and Tobago, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Trinidad and Tobago is 60.4%, measured in 2021.
That represents a change of down 17.7% on the previous year and down 14.4% over ten years.
Over the whole period, bank cost to income ratio in Trinidad and Tobago peaked at 81.2% in 2013 and was at its lowest, 45.1%, in 2015.
Trinidad and Tobago ranks 54th of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Bank cost to income ratio in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 58.1% | — |
| 2001 | 56.0% | -3.6% |
| 2002 | 54.7% | -2.3% |
| 2003 | 58.3% | +6.6% |
| 2004 | 58.7% | +0.7% |
| 2005 | 56.4% | -4.0% |
| 2006 | 59.1% | +4.9% |
| 2007 | 59.2% | +0.2% |
| 2008 | 60.6% | +2.4% |
| 2009 | 66.8% | +10.3% |
| 2010 | 63.3% | -5.3% |
| 2011 | 70.5% | +11.4% |
| 2012 | 54.6% | -22.6% |
| 2013 | 81.2% | +48.8% |
| 2015 | 45.1% | -44.5% |
| 2016 | 65.3% | +44.7% |
| 2017 | 57.2% | -12.3% |
| 2019 | 60.5% | +5.8% |
| 2020 | 73.3% | +21.1% |
| 2021 | 60.4% | -17.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 60.4% is above the median for high income countries, which is 56.2%, 1.1× the median. (62 countries reporting)
- Trinidad and Tobago's 60.4% is above the median for Latin America & Caribbean, which is 56.8%, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.8% | 54.7% | 66.8% | 10 |
| 2010s | 62.2% | 45.1% | 81.2% | 8 |
| 2020s | 66.8% | 60.4% | 73.3% | 2 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Reserve position in the IMF, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 118.45 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.2193 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 86.49 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 118.45 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.2193 % change on previous year (2025)
Frequently asked questions
- What is bank cost to income ratio in Trinidad and Tobago?
- Bank cost to income ratio in Trinidad and Tobago was 60.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Trinidad and Tobago?
- The highest recorded value was 81.2% in 2013.
- What is the lowest bank cost to income ratio recorded in Trinidad and Tobago?
- The lowest recorded value was 45.1% in 2015.
- How does Trinidad and Tobago rank for bank cost to income ratio?
- Trinidad and Tobago ranks 54th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 14.4%. 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 cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.