External loans and deposits of reporting banks vis-à-vis the banking in Trinidad and Tobago
Trinidad and Tobago: External loans and deposits of reporting banks vis-à-vis the banking was 20.7% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis the banking in Trinidad and Tobago, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Trinidad and Tobago recorded 20.7% for external loans and deposits of reporting banks vis-à-vis the banking in 2021.
That represents a change of down 9.7% on the previous year and down 64.4% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Trinidad and Tobago peaked at 91.0% in 2008 and was at its lowest, 16.6%, in 1998.
That places Trinidad and Tobago 57th out of 180 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 the banking in Trinidad and Tobago, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 22.7% | — |
| 1996 | 29.0% | +28.2% |
| 1997 | 22.5% | -22.7% |
| 1998 | 16.6% | -26.3% |
| 1999 | 19.2% | +15.7% |
| 2000 | 33.3% | +73.6% |
| 2001 | 43.4% | +30.6% |
| 2002 | 53.1% | +22.3% |
| 2003 | 50.8% | -4.3% |
| 2004 | 54.5% | +7.2% |
| 2005 | 67.9% | +24.6% |
| 2006 | 68.6% | +1.1% |
| 2007 | 87.3% | +27.3% |
| 2008 | 91.0% | +4.2% |
| 2009 | 53.1% | -41.6% |
| 2010 | 48.4% | -8.9% |
| 2011 | 58.3% | +20.4% |
| 2012 | 42.3% | -27.4% |
| 2013 | 48.4% | +14.3% |
| 2014 | 38.4% | -20.5% |
| 2015 | 32.8% | -14.7% |
| 2016 | 33.2% | +1.2% |
| 2017 | 29.8% | -10.2% |
| 2018 | 29.5% | -1.1% |
| 2019 | 23.7% | -19.7% |
| 2020 | 23.0% | -3.0% |
| 2021 | 20.7% | -9.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 20.7% is above the median for high income countries, which is 11.8%, 1.8× the median. (59 countries reporting)
- Trinidad and Tobago's 20.7% is above the median for Latin America & Caribbean, which is 14.4%, 1.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.0% | 16.6% | 29.0% | 5 |
| 2000s | 60.3% | 33.3% | 91.0% | 10 |
| 2010s | 38.5% | 23.7% | 58.3% | 10 |
| 2020s | 21.8% | 20.7% | 23.0% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the banking in Trinidad and Tobago?
- External loans and deposits of reporting banks vis-à-vis the banking in Trinidad and Tobago was 20.7% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Trinidad and Tobago?
- The highest recorded value was 91.0% in 2008.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Trinidad and Tobago?
- The lowest recorded value was 16.6% in 1998.
- How does Trinidad and Tobago rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Trinidad and Tobago ranks 57th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 64.4%. 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 the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.