Deposit money banks'' assets to GDP in Trinidad and Tobago
Trinidad and Tobago: Deposit money banks'' assets to GDP was 69.6% in 2021. ▲ Rising
Deposit money banks'' assets to GDP in Trinidad and Tobago, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, deposit money banks'' assets to gdp in Trinidad and Tobago stood at 69.6%. That is the highest value across all 62 years on record.
The figure is up 3.3% on the previous year and up 82.0% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Trinidad and Tobago peaked at 69.6% in 2021 and was at its lowest, 9.4%, in 1960.
Trinidad and Tobago ranks 80th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Deposit money banks'' assets to GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 9.4% | — |
| 1961 | 10.3% | +9.8% |
| 1962 | 12.6% | +22.6% |
| 1963 | 12.0% | -4.8% |
| 1964 | 13.4% | +11.6% |
| 1965 | 14.3% | +6.6% |
| 1966 | 16.1% | +12.6% |
| 1967 | 18.0% | +11.8% |
| 1968 | 18.0% | +0.2% |
| 1969 | 20.8% | +15.7% |
| 1970 | 23.9% | +14.6% |
| 1971 | 27.2% | +13.8% |
| 1972 | 30.2% | +11.1% |
| 1973 | 29.0% | -4.0% |
| 1974 | 20.1% | -30.6% |
| 1975 | 19.9% | -1.2% |
| 1976 | 23.2% | +16.6% |
| 1977 | 25.8% | +11.2% |
| 1978 | 30.0% | +16.5% |
| 1979 | 27.4% | -8.6% |
| 1980 | 25.1% | -8.4% |
| 1981 | 28.5% | +13.6% |
| 1982 | 30.6% | +7.1% |
| 1983 | 39.0% | +27.5% |
| 1984 | 39.1% | +0.2% |
| 1985 | 39.9% | +2.0% |
| 1986 | 42.7% | +7.1% |
| 1987 | 48.7% | +14.1% |
| 1988 | 47.8% | -1.9% |
| 1989 | 44.9% | -6.0% |
| 1990 | 38.7% | -13.8% |
| 1991 | 40.5% | +4.6% |
| 1992 | 38.8% | -4.2% |
| 1993 | 38.1% | -1.8% |
| 1994 | 30.4% | -20.2% |
| 1995 | 35.6% | +17.1% |
| 1996 | 36.4% | +2.5% |
| 1997 | 46.0% | +26.1% |
| 1998 | 43.7% | -4.9% |
| 1999 | 41.5% | -5.0% |
| 2000 | 37.2% | -10.4% |
| 2001 | 38.5% | +3.6% |
| 2002 | 39.8% | +3.2% |
| 2003 | 31.9% | -19.7% |
| 2004 | 32.0% | +0.3% |
| 2005 | 34.6% | +8.2% |
| 2006 | 34.3% | -0.9% |
| 2007 | 34.2% | -0.5% |
| 2008 | 29.8% | -12.9% |
| 2009 | 47.6% | +60.0% |
| 2010 | 43.5% | -8.6% |
| 2011 | 38.3% | -12.1% |
| 2012 | 43.6% | +14.1% |
| 2013 | 42.0% | -3.8% |
| 2014 | 46.1% | +9.9% |
| 2015 | 52.5% | +13.9% |
| 2016 | 60.6% | +15.4% |
| 2017 | 57.5% | -5.3% |
| 2018 | 58.1% | +1.1% |
| 2019 | 58.0% | -0.2% |
| 2020 | 67.4% | +16.3% |
| 2021 | 69.6% | +3.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 69.6% is below the median for high income countries, which is 94.1%, 74% of the median. (62 countries reporting)
- Trinidad and Tobago's 69.6% is above the median for Latin America & Caribbean, which is 62.3%, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.5% | 9.4% | 20.8% | 10 |
| 1970s | 25.7% | 19.9% | 30.2% | 10 |
| 1980s | 38.6% | 25.1% | 48.7% | 10 |
| 1990s | 39.0% | 30.4% | 46.0% | 10 |
| 2000s | 36.0% | 29.8% | 47.6% | 10 |
| 2010s | 50.0% | 38.3% | 60.6% | 10 |
| 2020s | 68.5% | 67.4% | 69.6% | 2 |
Countries ranked near Trinidad and Tobago
- 77 Philippines 71.0% compare
- 78 Czechia 70.8% compare
- 79 Montenegro 69.7% compare
- 81 Antigua and Barbuda 67.1% compare
- 82 Saudi Arabia 66.0% compare
- 83 Poland 65.8% compare
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 deposit money banks'' assets to gdp in Trinidad and Tobago?
- Deposit money banks'' assets to gdp in Trinidad and Tobago was 69.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Trinidad and Tobago?
- The highest recorded value was 69.6% in 2021.
- What is the lowest deposit money banks'' assets to gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 9.4% in 1960.
- How does Trinidad and Tobago rank for deposit money banks'' assets to gdp?
- Trinidad and Tobago ranks 80th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 82.0%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).