External loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago
Trinidad and Tobago: External loans and deposits of reporting banks vis-à-vis all sectors was 37.6% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago is 37.6%, measured in 2021.
The figure is up 1.3% on the previous year and down 46.9% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago peaked at 105.6% in 2007 and was at its lowest, 37.1%, in 2019.
That places Trinidad and Tobago 58th out of 181 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 59.7% | — |
| 1996 | 56.1% | -6.0% |
| 1997 | 48.4% | -13.7% |
| 1998 | 37.9% | -21.7% |
| 1999 | 42.0% | +10.7% |
| 2000 | 50.1% | +19.4% |
| 2001 | 61.8% | +23.4% |
| 2002 | 73.4% | +18.6% |
| 2003 | 70.0% | -4.6% |
| 2004 | 72.8% | +4.1% |
| 2005 | 84.2% | +15.6% |
| 2006 | 86.7% | +3.1% |
| 2007 | 105.6% | +21.7% |
| 2008 | 102.7% | -2.8% |
| 2009 | 67.5% | -34.3% |
| 2010 | 63.7% | -5.5% |
| 2011 | 70.8% | +11.2% |
| 2012 | 56.8% | -19.8% |
| 2013 | 65.6% | +15.5% |
| 2014 | 61.2% | -6.7% |
| 2015 | 54.4% | -11.1% |
| 2016 | 50.0% | -8.1% |
| 2017 | 48.5% | -3.0% |
| 2018 | 42.7% | -12.0% |
| 2019 | 37.1% | -12.9% |
| 2020 | 37.1% | +0.0% |
| 2021 | 37.6% | +1.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 37.6% is above the median for high income countries, which is 31.9%, 1.2× the median. (59 countries reporting)
- Trinidad and Tobago's 37.6% is above the median for Latin America & Caribbean, which is 30.4%, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.8% | 37.9% | 59.7% | 5 |
| 2000s | 77.5% | 50.1% | 105.6% | 10 |
| 2010s | 55.1% | 37.1% | 70.8% | 10 |
| 2020s | 37.4% | 37.1% | 37.6% | 2 |
Countries ranked near Trinidad and Tobago
- 55 Azerbaijan 39.6% compare
- 56 Madagascar 39.0% compare
- 57 Norway 38.8% compare
- 59 Central African Republic 37.4% compare
- 60 Gabon 37.3% compare
- 61 Dominican Republic 36.5% 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 external loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago?
- External loans and deposits of reporting banks vis-à-vis all sectors in Trinidad and Tobago was 37.6% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Trinidad and Tobago?
- The highest recorded value was 105.6% in 2007.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Trinidad and Tobago?
- The lowest recorded value was 37.1% in 2019.
- How does Trinidad and Tobago rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Trinidad and Tobago ranks 58th out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 46.9%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.