Bank credit to bank deposits in Trinidad and Tobago
Trinidad and Tobago: Bank credit to bank deposits was 59.9% in 2021. ▬ Flat
Latest (2021)
59.9%
Change on year
up 0.0%
World rank
137th
of 186 countries
All-time high
92.0%
in 1992
All-time low
41.6%
in 1963
Years of data
62
1960–2021
Bank credit to bank deposits in Trinidad and Tobago, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Trinidad and Tobago stood at 59.9%.
The figure is down 4.1% over ten years.
Over the whole period, bank credit to bank deposits in Trinidad and Tobago peaked at 92.0% in 1992 and was at its lowest, 41.6%, in 1963.
Trinidad and Tobago ranks 137th of 186 countries on this measure, in the middle of the range.
Bank credit to bank deposits in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 47.0% | — |
| 1961 | 42.6% | -9.5% |
| 1962 | 48.5% | +14.0% |
| 1963 | 41.6% | -14.2% |
| 1964 | 53.7% | +29.1% |
| 1965 | 63.2% | +17.5% |
| 1966 | 62.5% | -1.0% |
| 1967 | 67.5% | +8.0% |
| 1968 | 64.7% | -4.2% |
| 1969 | 74.5% | +15.1% |
| 1970 | 76.5% | +2.6% |
| 1971 | 67.3% | -12.0% |
| 1972 | 78.3% | +16.5% |
| 1973 | 78.8% | +0.6% |
| 1974 | 68.3% | -13.3% |
| 1975 | 71.0% | +4.0% |
| 1976 | 74.0% | +4.2% |
| 1977 | 82.8% | +11.8% |
| 1978 | 88.5% | +6.9% |
| 1979 | 80.7% | -8.8% |
| 1980 | 86.4% | +7.1% |
| 1981 | 82.4% | -4.6% |
| 1982 | 73.9% | -10.3% |
| 1983 | 80.2% | +8.4% |
| 1984 | 80.5% | +0.4% |
| 1985 | 76.2% | -5.3% |
| 1986 | 80.1% | +5.1% |
| 1987 | 79.8% | -0.4% |
| 1988 | 76.1% | -4.6% |
| 1989 | 74.6% | -2.0% |
| 1990 | 73.1% | -1.9% |
| 1991 | 84.3% | +15.3% |
| 1992 | 92.0% | +9.1% |
| 1993 | 81.9% | -11.0% |
| 1994 | 66.6% | -18.6% |
| 1995 | 73.5% | +10.4% |
| 1996 | 66.2% | -10.0% |
| 1997 | 72.4% | +9.4% |
| 1998 | 73.3% | +1.2% |
| 1999 | 76.4% | +4.3% |
| 2000 | 75.6% | -1.1% |
| 2001 | 72.7% | -3.8% |
| 2002 | 72.3% | -0.6% |
| 2003 | 75.9% | +5.0% |
| 2004 | 78.6% | +3.6% |
| 2005 | 78.5% | -0.1% |
| 2006 | 79.2% | +0.9% |
| 2007 | 84.2% | +6.3% |
| 2008 | 79.7% | -5.3% |
| 2009 | 58.7% | -26.4% |
| 2010 | 60.5% | +3.1% |
| 2011 | 62.5% | +3.3% |
| 2012 | 56.9% | -8.9% |
| 2013 | 56.6% | -0.6% |
| 2014 | 55.6% | -1.7% |
| 2015 | 58.4% | +5.0% |
| 2016 | 59.0% | +1.2% |
| 2017 | 63.5% | +7.5% |
| 2018 | 63.8% | +0.6% |
| 2019 | 63.4% | -0.6% |
| 2020 | 59.9% | -5.5% |
| 2021 | 59.9% | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 59.9% is below the median for high income countries, which is 81.6%, 73% of the median. (61 countries reporting)
- Trinidad and Tobago's 59.9% is below the median for Latin America & Caribbean, which is 76.2%, 79% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 56.6% | 41.6% | 74.5% | 10 |
| 1970s | 76.6% | 67.3% | 88.5% | 10 |
| 1980s | 79.0% | 73.9% | 86.4% | 10 |
| 1990s | 76.0% | 66.2% | 92.0% | 10 |
| 2000s | 75.6% | 58.7% | 84.2% | 10 |
| 2010s | 60.0% | 55.6% | 63.8% | 10 |
| 2020s | 59.9% | 59.9% | 59.9% | 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 credit to bank deposits in Trinidad and Tobago?
- Bank credit to bank deposits in Trinidad and Tobago was 59.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Trinidad and Tobago?
- The highest recorded value was 92.0% in 1992.
- What is the lowest bank credit to bank deposits recorded in Trinidad and Tobago?
- The lowest recorded value was 41.6% in 1963.
- How does Trinidad and Tobago rank for bank credit to bank deposits?
- Trinidad and Tobago ranks 137th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is flat.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).