Broad money growth in Trinidad and Tobago
Trinidad and Tobago: Broad money growth was 1.0% in 2024. ◆ Volatile
Broad money growth in Trinidad and Tobago, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Trinidad and Tobago recorded 1.0% for broad money growth in 2024.
Compared with earlier readings it is down 26.3% on the previous year and down 85.7% over ten years.
Over the whole period, broad money growth in Trinidad and Tobago peaked at 34.6% in 1982 and was at its lowest, -6.9%, in 1992.
Trinidad and Tobago ranks 154th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Trinidad and Tobago, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 13.3% | — |
| 1962 | -0.0% | -100.3% |
| 1963 | 16.7% | -37616.7% |
| 1964 | -2.9% | -117.4% |
| 1965 | 3.3% | -215.2% |
| 1966 | 11.8% | +255.2% |
| 1967 | 7.0% | -41.2% |
| 1968 | 14.8% | +112.5% |
| 1969 | 14.7% | -0.5% |
| 1970 | 17.7% | +20.5% |
| 1971 | 24.0% | +35.6% |
| 1972 | 19.3% | -19.6% |
| 1973 | 13.8% | -28.4% |
| 1974 | 30.4% | +119.7% |
| 1975 | 29.4% | -3.1% |
| 1976 | 34.2% | +16.2% |
| 1977 | 26.6% | -22.1% |
| 1978 | 24.6% | -7.5% |
| 1979 | 29.7% | +20.7% |
| 1980 | 12.6% | -57.5% |
| 1981 | 27.8% | +119.9% |
| 1982 | 34.6% | +24.7% |
| 1983 | 7.3% | -79.0% |
| 1984 | 5.1% | -29.4% |
| 1985 | 1.2% | -76.3% |
| 1986 | -2.7% | -324.3% |
| 1987 | 3.5% | -226.7% |
| 1988 | 0.6% | -82.5% |
| 1989 | 6.4% | +949.1% |
| 1990 | 6.2% | -2.0% |
| 1991 | 2.5% | -59.5% |
| 1992 | -6.9% | -373.0% |
| 1993 | 15.3% | -320.9% |
| 1994 | 16.7% | +9.2% |
| 1995 | 4.0% | -76.2% |
| 1996 | 23.2% | +485.8% |
| 1997 | 11.3% | -51.2% |
| 1998 | 14.5% | +27.9% |
| 1999 | 4.2% | -70.8% |
| 2000 | 11.7% | +176.1% |
| 2001 | 13.8% | +18.2% |
| 2002 | 1.5% | -89.5% |
| 2003 | 0.4% | -73.2% |
| 2004 | 19.2% | +4827.5% |
| 2005 | 26.7% | +39.0% |
| 2006 | 19.7% | -26.1% |
| 2007 | 11.6% | -41.2% |
| 2008 | 16.4% | +41.6% |
| 2009 | 17.3% | +5.0% |
| 2010 | 1.0% | -94.1% |
| 2011 | 0.8% | -22.4% |
| 2012 | 20.8% | +2538.9% |
| 2013 | 3.2% | -84.6% |
| 2014 | 7.2% | +124.3% |
| 2015 | 1.1% | -84.3% |
| 2016 | 2.8% | +146.3% |
| 2017 | -0.4% | -112.9% |
| 2018 | 1.2% | -425.6% |
| 2019 | 2.9% | +145.7% |
| 2020 | 7.1% | +147.1% |
| 2021 | 1.7% | -76.5% |
| 2022 | 1.9% | +11.3% |
| 2023 | 1.4% | -25.3% |
| 2024 | 1.0% | -26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.7% | -2.9% | 16.7% | 9 |
| 1970s | 25.0% | 13.8% | 34.2% | 10 |
| 1980s | 9.6% | -2.7% | 34.6% | 10 |
| 1990s | 9.1% | -6.9% | 23.2% | 10 |
| 2000s | 13.8% | 0.4% | 26.7% | 10 |
| 2010s | 4.1% | -0.4% | 20.8% | 10 |
| 2020s | 2.6% | 1.0% | 7.1% | 5 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Net domestic credit (current LCU), per capita 91,158 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4.81 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 12.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.20 million SDR (2025)
- Gold reserves at market value 200.89 million SDR (2025)
- Reserves excluding gold, foreign exchange 2.82 billion SDR (2025)
- Reserves excluding gold 3.72 billion SDR (2025)
- Total reserves (gold at market value) 3.92 billion SDR (2025)
- Total reserves (gold at national valuation) 3.92 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,866 SDR per person (2025)
Frequently asked questions
- What is broad money growth in Trinidad and Tobago?
- Broad money growth in Trinidad and Tobago was 1.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Trinidad and Tobago?
- The highest recorded value was 34.6% in 1982.
- What is the lowest broad money growth recorded in Trinidad and Tobago?
- The lowest recorded value was -6.9% in 1992.
- How does Trinidad and Tobago rank for broad money growth?
- Trinidad and Tobago ranks 154th out of 167 countries with data for 2024.
- Is broad money growth rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 85.7%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.