Broad money in Trinidad and Tobago
Trinidad and Tobago: Broad money was 72.5% in 2024. ▲ Rising
Broad money in Trinidad and Tobago, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Trinidad and Tobago is 72.5%, measured in 2024.
That represents a change of down 1.3% on the previous year and up 33.8% over ten years.
Over the whole period, broad money in Trinidad and Tobago peaked at 83.9% in 2020 and was at its lowest, 20.9%, in 1965.
Trinidad and Tobago ranks 59th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Broad money in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 21.7% | — |
| 1961 | 22.5% | +3.7% |
| 1962 | 21.2% | -5.6% |
| 1963 | 22.6% | +6.5% |
| 1964 | 20.9% | -7.5% |
| 1965 | 20.9% | -0.1% |
| 1966 | 23.8% | +13.8% |
| 1967 | 23.8% | +0.2% |
| 1968 | 23.8% | +0.2% |
| 1969 | 26.6% | +11.7% |
| 1970 | 29.7% | +11.6% |
| 1971 | 34.2% | +15.1% |
| 1972 | 34.7% | +1.5% |
| 1973 | 32.1% | -7.6% |
| 1974 | 25.6% | -20.3% |
| 1975 | 26.2% | +2.4% |
| 1976 | 30.6% | +16.8% |
| 1977 | 31.3% | +2.4% |
| 1978 | 34.4% | +9.8% |
| 1979 | 34.5% | +0.4% |
| 1980 | 28.7% | -16.9% |
| 1981 | 32.7% | +14.0% |
| 1982 | 37.9% | +15.7% |
| 1983 | 42.6% | +12.5% |
| 1984 | 44.8% | +5.2% |
| 1985 | 46.7% | +4.3% |
| 1986 | 47.6% | +1.8% |
| 1987 | 49.2% | +3.4% |
| 1988 | 49.5% | +0.5% |
| 1989 | 49.5% | +0.1% |
| 1990 | 44.9% | -9.4% |
| 1991 | 43.9% | -2.1% |
| 1992 | 39.9% | -9.2% |
| 1993 | 42.5% | +6.6% |
| 1994 | 42.3% | -0.6% |
| 1995 | 40.7% | -3.9% |
| 1996 | 45.9% | +12.9% |
| 1997 | 49.3% | +7.3% |
| 1998 | 53.2% | +7.9% |
| 1999 | 49.2% | -7.5% |
| 2000 | 45.9% | -6.8% |
| 2001 | 48.8% | +6.3% |
| 2002 | 48.3% | -0.9% |
| 2003 | 38.4% | -20.6% |
| 2004 | 38.9% | +1.4% |
| 2005 | 41.0% | +5.3% |
| 2006 | 42.6% | +4.0% |
| 2007 | 40.2% | -5.5% |
| 2008 | 36.6% | -9.0% |
| 2009 | 62.1% | +69.5% |
| 2010 | 53.8% | -13.3% |
| 2011 | 47.0% | -12.7% |
| 2012 | 53.0% | +12.8% |
| 2013 | 51.9% | -2.1% |
| 2014 | 54.2% | +4.4% |
| 2015 | 60.5% | +11.6% |
| 2016 | 67.6% | +11.7% |
| 2017 | 65.7% | -2.8% |
| 2018 | 66.4% | +1.1% |
| 2019 | 69.6% | +4.9% |
| 2020 | 83.9% | +20.5% |
| 2021 | 73.5% | -12.4% |
| 2022 | 64.0% | -12.9% |
| 2023 | 73.5% | +14.8% |
| 2024 | 72.5% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.8% | 20.9% | 26.6% | 10 |
| 1970s | 31.3% | 25.6% | 34.7% | 10 |
| 1980s | 42.9% | 28.7% | 49.5% | 10 |
| 1990s | 45.2% | 39.9% | 53.2% | 10 |
| 2000s | 44.3% | 36.6% | 62.1% | 10 |
| 2010s | 59.0% | 47.0% | 69.6% | 10 |
| 2020s | 73.5% | 64.0% | 83.9% | 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 broad money in Trinidad and Tobago?
- Broad money in Trinidad and Tobago was 72.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Trinidad and Tobago?
- The highest recorded value was 83.9% in 2020.
- What is the lowest broad money recorded in Trinidad and Tobago?
- The lowest recorded value was 20.9% in 1965.
- How does Trinidad and Tobago rank for broad money?
- Trinidad and Tobago ranks 59th out of 167 countries with data for 2024.
- Is broad money rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.