Foreign banks among total banks in Trinidad and Tobago
Trinidad and Tobago: Foreign banks among total banks was 75.0% in 2013. ▲ Rising
Foreign banks among total banks in Trinidad and Tobago, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in Trinidad and Tobago is 75.0%, measured in 2013. That is the highest value across all 19 years on record.
The figure is up 70.5% over ten years.
Over the whole period, foreign banks among total banks in Trinidad and Tobago peaked at 75.0% in 2011 and was at its lowest, 43.0%, in 1995.
That places Trinidad and Tobago 21st out of 137 countries with data for 2013, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 43.0% | — |
| 1996 | 43.0% | +0.0% |
| 1997 | 50.0% | +16.3% |
| 1998 | 44.0% | -12.0% |
| 1999 | 44.0% | +0.0% |
| 2000 | 44.0% | +0.0% |
| 2001 | 44.0% | +0.0% |
| 2002 | 44.0% | +0.0% |
| 2003 | 44.0% | +0.0% |
| 2004 | 44.0% | +0.0% |
| 2005 | 56.0% | +27.3% |
| 2006 | 56.0% | +0.0% |
| 2007 | 56.0% | +0.0% |
| 2008 | 67.0% | +19.6% |
| 2009 | 67.0% | +0.0% |
| 2010 | 67.0% | +0.0% |
| 2011 | 75.0% | +11.9% |
| 2012 | 75.0% | +0.0% |
| 2013 | 75.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.8% | 43.0% | 50.0% | 5 |
| 2000s | 52.2% | 44.0% | 67.0% | 10 |
| 2010s | 73.0% | 67.0% | 75.0% | 4 |
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 foreign banks among total banks in Trinidad and Tobago?
- Foreign banks among total banks in Trinidad and Tobago was 75.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Trinidad and Tobago?
- The highest recorded value was 75.0% in 2011.
- What is the lowest foreign banks among total banks recorded in Trinidad and Tobago?
- The lowest recorded value was 43.0% in 1995.
- How does Trinidad and Tobago rank for foreign banks among total banks?
- Trinidad and Tobago ranks 21st out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 70.5%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.