Goods balance (credit less debit), Net (credits less debits) in Trinidad and Tobago
Trinidad and Tobago: Goods balance (credit less debit), Net (credits less debits) was 2.47 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Trinidad and Tobago, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Trinidad and Tobago is 2.47 billion, measured in 2024.
The figure is down 34.2% on the previous year and down 66.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Trinidad and Tobago peaked at 9.18 billion in 2022 and was at its lowest, 984.08 million, in 2020.
That places Trinidad and Tobago 51st out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.27 billion | — |
| 2006 | 7.57 billion | +77.3% |
| 2007 | 5.54 billion | -26.9% |
| 2008 | 9.07 billion | +63.8% |
| 2009 | 2.24 billion | -75.3% |
| 2010 | 4.74 billion | +111.4% |
| 2011 | 8.91 billion | +88.0% |
| 2012 | 7.50 billion | -15.8% |
| 2013 | 8.64 billion | +15.2% |
| 2014 | 7.38 billion | -14.5% |
| 2015 | 4.20 billion | -43.1% |
| 2016 | 1.42 billion | -66.3% |
| 2017 | 3.19 billion | +125.5% |
| 2018 | 4.14 billion | +29.6% |
| 2019 | 2.73 billion | -34.0% |
| 2020 | 984.08 million | -64.0% |
| 2021 | 4.71 billion | +378.8% |
| 2022 | 9.18 billion | +94.8% |
| 2023 | 3.76 billion | -59.0% |
| 2024 | 2.47 billion | -34.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.74 billion | 2.24 billion | 9.07 billion | 5 |
| 2010s | 5.28 billion | 1.42 billion | 8.91 billion | 10 |
| 2020s | 4.22 billion | 984.08 million | 9.18 billion | 5 |
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 goods balance (credit less debit), net (credits less debits) in Trinidad and Tobago?
- Goods balance (credit less debit), net (credits less debits) in Trinidad and Tobago was 2.47 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Trinidad and Tobago?
- The highest recorded value was 9.18 billion in 2022.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Trinidad and Tobago?
- The lowest recorded value was 984.08 million in 2020.
- How does Trinidad and Tobago rank for goods balance (credit less debit), net (credits less debits)?
- Trinidad and Tobago ranks 51st out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 66.5%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.