Domestic credit to private sector by banks in Trinidad and Tobago
Trinidad and Tobago: Domestic credit to private sector by banks was 50.3% in 2025. ▲ Rising
Domestic credit to private sector by banks in Trinidad and Tobago, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Trinidad and Tobago stood at 50.3%. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 54.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Trinidad and Tobago peaked at 50.3% in 2025 and was at its lowest, 7.9%, in 1961.
Trinidad and Tobago ranks 73rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector by banks in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 8.5% | — |
| 1961 | 7.9% | -6.4% |
| 1962 | 8.8% | +11.0% |
| 1963 | 8.2% | -6.8% |
| 1964 | 9.6% | +17.2% |
| 1965 | 11.4% | +18.5% |
| 1966 | 12.8% | +12.5% |
| 1967 | 13.9% | +8.8% |
| 1968 | 13.4% | -4.0% |
| 1969 | 17.4% | +30.5% |
| 1970 | 20.1% | +15.3% |
| 1971 | 20.4% | +1.5% |
| 1972 | 24.2% | +18.3% |
| 1973 | 22.8% | -5.5% |
| 1974 | 15.9% | -30.5% |
| 1975 | 16.8% | +5.5% |
| 1976 | 20.5% | +22.2% |
| 1977 | 23.4% | +14.2% |
| 1978 | 27.4% | +17.1% |
| 1979 | 24.9% | -9.2% |
| 1980 | 22.1% | -11.0% |
| 1981 | 24.2% | +9.3% |
| 1982 | 25.0% | +3.6% |
| 1983 | 30.4% | +21.5% |
| 1984 | 32.6% | +7.2% |
| 1985 | 32.3% | -0.9% |
| 1986 | 34.3% | +6.0% |
| 1987 | 35.5% | +3.5% |
| 1988 | 34.1% | -3.8% |
| 1989 | 33.6% | -1.4% |
| 1990 | 29.8% | -11.3% |
| 1991 | 33.7% | +13.0% |
| 1992 | 33.4% | -1.1% |
| 1993 | 32.0% | -4.1% |
| 1994 | 26.0% | -18.7% |
| 1995 | 27.6% | +6.0% |
| 1996 | 28.2% | +2.1% |
| 1997 | 33.0% | +17.2% |
| 1998 | 35.3% | +7.0% |
| 1999 | 33.8% | -4.2% |
| 2000 | 31.8% | -5.8% |
| 2001 | 47.4% | +48.8% |
| 2002 | 47.1% | -0.5% |
| 2003 | 39.3% | -16.6% |
| 2004 | 37.9% | -3.5% |
| 2005 | 33.4% | -11.8% |
| 2006 | 32.7% | -2.4% |
| 2007 | 32.0% | -1.9% |
| 2008 | 26.7% | -16.7% |
| 2009 | 35.9% | +34.6% |
| 2010 | 30.8% | -14.2% |
| 2011 | 28.1% | -8.8% |
| 2012 | 27.0% | -4.1% |
| 2013 | 26.6% | -1.3% |
| 2014 | 27.7% | +3.9% |
| 2015 | 32.5% | +17.6% |
| 2016 | 36.6% | +12.5% |
| 2017 | 37.4% | +2.3% |
| 2018 | 38.8% | +3.8% |
| 2019 | 41.4% | +6.6% |
| 2020 | 46.4% | +12.1% |
| 2021 | 40.7% | -12.2% |
| 2022 | 37.1% | -9.0% |
| 2023 | 45.5% | +22.6% |
| 2024 | 48.3% | +6.3% |
| 2025 | 50.3% | +4.1% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 50.3% is below the median for high income countries, which is 64.3%, 78% of the median. (61 countries reporting)
- Trinidad and Tobago's 50.3% is above the median for Latin America & Caribbean, which is 42.9%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.2% | 7.9% | 17.4% | 10 |
| 1970s | 21.6% | 15.9% | 27.4% | 10 |
| 1980s | 30.4% | 22.1% | 35.5% | 10 |
| 1990s | 31.3% | 26.0% | 35.3% | 10 |
| 2000s | 36.4% | 26.7% | 47.4% | 10 |
| 2010s | 32.7% | 26.6% | 41.4% | 10 |
| 2020s | 44.7% | 37.1% | 50.3% | 6 |
Countries ranked near Trinidad and Tobago
- 70 Bolivia 51.8% compare
- 71 Saint Lucia 51.7% compare
- 72 Montenegro 50.9% compare
- 74 Costa Rica 50.0% compare
- 75 Mongolia 48.5% compare
- 76 Greece 48.4% compare
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 domestic credit to private sector by banks in Trinidad and Tobago?
- Domestic credit to private sector by banks in Trinidad and Tobago was 50.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Trinidad and Tobago?
- The highest recorded value was 50.3% in 2025.
- What is the lowest domestic credit to private sector by banks recorded in Trinidad and Tobago?
- The lowest recorded value was 7.9% in 1961.
- How does Trinidad and Tobago rank for domestic credit to private sector by banks?
- Trinidad and Tobago ranks 73rd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 54.6%. 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 Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.