Bank nonperforming loans to total gross loans in Trinidad and Tobago
Trinidad and Tobago: Bank nonperforming loans to total gross loans was 2.8% in 2024. ▼ Falling
Bank nonperforming loans to total gross loans in Trinidad and Tobago, 2008–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank nonperforming loans to total gross loans in Trinidad and Tobago is 2.8%, measured in 2024.
That represents a change of up 1.7% on the previous year and down 29.5% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Trinidad and Tobago peaked at 6.1% in 2011 and was at its lowest, 2.4%, in 2008.
Trinidad and Tobago ranks 83rd of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Bank nonperforming loans to total gross loans in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 2.4% | — |
| 2009 | 4.9% | +100.8% |
| 2010 | 6.0% | +22.5% |
| 2011 | 6.1% | +1.5% |
| 2012 | 5.3% | -13.7% |
| 2013 | 4.2% | -21.3% |
| 2014 | 4.0% | -2.8% |
| 2015 | 3.4% | -16.0% |
| 2016 | 3.1% | -8.3% |
| 2017 | 2.9% | -8.0% |
| 2018 | 3.0% | +5.9% |
| 2019 | 2.9% | -4.4% |
| 2020 | 3.2% | +10.4% |
| 2021 | 3.2% | +1.0% |
| 2022 | 3.1% | -4.2% |
| 2023 | 2.8% | -9.6% |
| 2024 | 2.8% | +1.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 2.8% is above the median for high income countries, which is 2.0%, 1.4× the median. (58 countries reporting)
- Trinidad and Tobago's 2.8% is below the median for Latin America & Caribbean, which is 3.1%, 91% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Bank nonperforming loans to total gross loans in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +100.8% | 2.4% | 4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | 2.4% | 4.9% | 2 |
| 2010s | 4.1% | 2.9% | 6.1% | 10 |
| 2020s | 3.0% | 2.8% | 3.2% | 5 |
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 nonperforming loans to total gross loans in Trinidad and Tobago?
- Bank nonperforming loans to total gross loans in Trinidad and Tobago was 2.8% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Trinidad and Tobago?
- The highest recorded value was 6.1% in 2011.
- What is the lowest bank nonperforming loans to total gross loans recorded in Trinidad and Tobago?
- The lowest recorded value was 2.4% in 2008.
- How does Trinidad and Tobago rank for bank nonperforming loans to total gross loans?
- Trinidad and Tobago ranks 83rd out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.