Financial system deposits to GDP in Trinidad and Tobago
Trinidad and Tobago: Financial system deposits to GDP was 76.9% in 2021. ▲ Rising
Financial system deposits to GDP in Trinidad and Tobago, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Trinidad and Tobago is 76.9%, measured in 2021. That is the highest value across all 62 years on record.
That represents a change of up 1.8% on the previous year and up 69.6% over ten years.
Over the whole period, financial system deposits to gdp in Trinidad and Tobago peaked at 76.9% in 2021 and was at its lowest, 18.7%, in 1964.
That places Trinidad and Tobago 60th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 19.4% | — |
| 1961 | 19.9% | +2.3% |
| 1962 | 19.2% | -3.7% |
| 1963 | 20.6% | +7.5% |
| 1964 | 18.7% | -9.2% |
| 1965 | 18.8% | +0.3% |
| 1966 | 21.2% | +13.1% |
| 1967 | 21.3% | +0.2% |
| 1968 | 21.2% | -0.3% |
| 1969 | 24.0% | +13.0% |
| 1970 | 27.3% | +13.8% |
| 1971 | 31.2% | +14.5% |
| 1972 | 31.8% | +1.8% |
| 1973 | 29.8% | -6.1% |
| 1974 | 23.9% | -19.8% |
| 1975 | 26.1% | +9.1% |
| 1976 | 30.6% | +17.1% |
| 1977 | 31.4% | +2.8% |
| 1978 | 35.4% | +12.5% |
| 1979 | 34.7% | -1.8% |
| 1980 | 29.7% | -14.6% |
| 1981 | 34.6% | +16.7% |
| 1982 | 40.7% | +17.6% |
| 1983 | 47.0% | +15.5% |
| 1984 | 52.5% | +11.7% |
| 1985 | 55.7% | +6.1% |
| 1986 | 54.2% | -2.8% |
| 1987 | 56.5% | +4.3% |
| 1988 | 57.5% | +1.9% |
| 1989 | 56.5% | -1.8% |
| 1990 | 51.1% | -9.6% |
| 1991 | 50.1% | -2.0% |
| 1992 | 47.0% | -6.2% |
| 1993 | 50.3% | +7.1% |
| 1994 | 48.9% | -2.7% |
| 1995 | 47.4% | -3.1% |
| 1996 | 51.2% | +8.0% |
| 1997 | 54.4% | +6.3% |
| 1998 | 58.7% | +7.9% |
| 1999 | 55.4% | -5.6% |
| 2000 | 51.3% | -7.3% |
| 2001 | 52.7% | +2.6% |
| 2002 | 52.0% | -1.3% |
| 2003 | 40.7% | -21.6% |
| 2004 | 40.7% | -0.0% |
| 2005 | 40.5% | -0.6% |
| 2006 | 42.6% | +5.2% |
| 2007 | 38.9% | -8.7% |
| 2008 | 35.5% | -8.8% |
| 2009 | 60.0% | +69.2% |
| 2010 | 51.6% | -14.1% |
| 2011 | 45.4% | -12.1% |
| 2012 | 49.9% | +9.9% |
| 2013 | 49.2% | -1.2% |
| 2014 | 53.1% | +7.8% |
| 2015 | 59.4% | +11.9% |
| 2016 | 65.4% | +10.2% |
| 2017 | 60.6% | -7.4% |
| 2018 | 61.0% | +0.6% |
| 2019 | 64.1% | +5.1% |
| 2020 | 75.6% | +17.9% |
| 2021 | 76.9% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.4% | 18.7% | 24.0% | 10 |
| 1970s | 30.2% | 23.9% | 35.4% | 10 |
| 1980s | 48.5% | 29.7% | 57.5% | 10 |
| 1990s | 51.5% | 47.0% | 58.7% | 10 |
| 2000s | 45.5% | 35.5% | 60.0% | 10 |
| 2010s | 56.0% | 45.4% | 65.4% | 10 |
| 2020s | 76.2% | 75.6% | 76.9% | 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 financial system deposits to gdp in Trinidad and Tobago?
- Financial system deposits to gdp in Trinidad and Tobago was 76.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Trinidad and Tobago?
- The highest recorded value was 76.9% in 2021.
- What is the lowest financial system deposits to gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 18.7% in 1964.
- How does Trinidad and Tobago rank for financial system deposits to gdp?
- Trinidad and Tobago ranks 60th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 69.6%. 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 (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions 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 demand and time and saving deposits, 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. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).