Loans from nonresident banks (net) to GDP in Trinidad and Tobago
Trinidad and Tobago: Loans from nonresident banks (net) to GDP was 2.7% in 2016. ◆ Volatile
Loans from nonresident banks (net) to GDP in Trinidad and Tobago, 1978–2016
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (net) to gdp in Trinidad and Tobago is 2.7%, measured in 2016. That is the highest value across all 17 years on record.
The figure is up 33.1% on the previous year and up 428.4% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Trinidad and Tobago peaked at 2.7% in 2016 and was at its lowest, -1.7%, in 1997.
That places Trinidad and Tobago 8th out of 98 countries with data for 2016, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1978 | 1.1% | — |
| 1984 | 0.6% | -50.6% |
| 1985 | 0.7% | +19.8% |
| 1987 | 1.2% | +75.7% |
| 1989 | -0.9% | -173.3% |
| 1990 | -0.8% | -7.8% |
| 1992 | -0.8% | -2.2% |
| 1993 | 2.7% | -446.7% |
| 1994 | -1.0% | -138.5% |
| 1996 | 2.6% | -352.6% |
| 1997 | -1.7% | -166.9% |
| 2000 | -1.5% | -12.0% |
| 2001 | 1.7% | -210.9% |
| 2006 | -0.8% | -148.0% |
| 2009 | -1.2% | +46.9% |
| 2013 | 2.0% | -268.0% |
| 2016 | 2.7% | +33.1% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 2.7% is above the median for high income countries, which is 0.3%, 7.9× the median. (55 countries reporting)
- Trinidad and Tobago's 2.7% is above the median for Latin America & Caribbean, which is 0.0%, 522.8× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1% | 1.1% | 1.1% | 1 |
| 1980s | 0.4% | -0.9% | 1.2% | 4 |
| 1990s | 0.2% | -1.7% | 2.7% | 6 |
| 2000s | -0.5% | -1.5% | 1.7% | 4 |
| 2010s | 2.3% | 2.0% | 2.7% | 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 loans from nonresident banks (net) to gdp in Trinidad and Tobago?
- Loans from nonresident banks (net) to gdp in Trinidad and Tobago was 2.7% in 2016, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Trinidad and Tobago?
- The highest recorded value was 2.7% in 2016.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Trinidad and Tobago?
- The lowest recorded value was -1.7% in 1997.
- How does Trinidad and Tobago rank for loans from nonresident banks (net) to gdp?
- Trinidad and Tobago ranks 8th out of 98 countries with data for 2016.
- Is loans from nonresident banks (net) to gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 428.4%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of net offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 12A (Net Issues): International debt securities - all issuers.