Credit to government and state-owned enterprises to GDP in Trinidad and Tobago
Trinidad and Tobago: Credit to government and state-owned enterprises to GDP was 21.2% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in Trinidad and Tobago, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for credit to government and state-owned enterprises to gdp in Trinidad and Tobago is 21.2%, measured in 2020.
Compared with earlier readings it is up 23.3% on the previous year and up 41.7% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Trinidad and Tobago peaked at 22.1% in 2016 and was at its lowest, 3.0%, in 1980.
Trinidad and Tobago ranks 41st of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Credit to government and state-owned enterprises to GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 3.0% | — |
| 1981 | 4.3% | +44.9% |
| 1982 | 5.4% | +26.9% |
| 1983 | 8.4% | +54.8% |
| 1984 | 6.3% | -24.8% |
| 1985 | 7.4% | +16.8% |
| 1986 | 8.3% | +11.6% |
| 1987 | 13.0% | +57.4% |
| 1988 | 13.4% | +3.5% |
| 1989 | 11.1% | -17.4% |
| 1990 | 8.7% | -21.2% |
| 1991 | 6.7% | -23.8% |
| 1992 | 5.4% | -19.7% |
| 1993 | 6.1% | +14.3% |
| 1994 | 4.3% | -29.8% |
| 1995 | 7.9% | +83.1% |
| 1996 | 8.1% | +3.7% |
| 1997 | 12.7% | +56.6% |
| 1998 | 8.3% | -35.2% |
| 1999 | 7.6% | -8.3% |
| 2000 | 5.3% | -30.3% |
| 2001 | 9.9% | +86.5% |
| 2002 | 10.6% | +7.8% |
| 2003 | 9.3% | -12.3% |
| 2004 | 8.2% | -11.8% |
| 2005 | 10.8% | +31.6% |
| 2006 | 7.5% | -30.7% |
| 2007 | 7.0% | -6.4% |
| 2008 | 6.0% | -14.6% |
| 2009 | 15.2% | +154.6% |
| 2010 | 14.9% | -1.9% |
| 2011 | 12.3% | -17.8% |
| 2012 | 15.3% | +24.3% |
| 2013 | 14.1% | -7.5% |
| 2014 | 16.6% | +17.8% |
| 2015 | 18.0% | +8.1% |
| 2016 | 22.1% | +23.1% |
| 2017 | 19.6% | -11.4% |
| 2018 | 19.2% | -2.1% |
| 2019 | 17.2% | -10.6% |
| 2020 | 21.2% | +23.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 21.2% is above the median for high income countries, which is 12.5%, 1.7× the median. (61 countries reporting)
- Trinidad and Tobago's 21.2% is above the median for Latin America & Caribbean, which is 9.6%, 2.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.1% | 3.0% | 13.4% | 10 |
| 1990s | 7.6% | 4.3% | 12.7% | 10 |
| 2000s | 9.0% | 5.3% | 15.2% | 10 |
| 2010s | 16.9% | 12.3% | 22.1% | 10 |
| 2020s | 21.2% | 21.2% | 21.2% | 1 |
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 credit to government and state-owned enterprises to gdp in Trinidad and Tobago?
- Credit to government and state-owned enterprises to gdp in Trinidad and Tobago was 21.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Trinidad and Tobago?
- The highest recorded value was 22.1% in 2016.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 3.0% in 1980.
- How does Trinidad and Tobago rank for credit to government and state-owned enterprises to gdp?
- Trinidad and Tobago ranks 41st out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 41.7%. 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 (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).