Nonbank financial institutions’ assets to GDP in Trinidad and Tobago
Trinidad and Tobago: Nonbank financial institutions’ assets to GDP was 44.5% in 2021. ◆ Volatile
Nonbank financial institutions’ assets to GDP in Trinidad and Tobago, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, nonbank financial institutions’ assets to gdp in Trinidad and Tobago stood at 44.5%. That is the highest value across all 62 years on record.
The figure is up 5.3% on the previous year and up 1,741.8% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Trinidad and Tobago peaked at 44.5% in 2021 and was at its lowest, 0.6%, in 1968.
That places Trinidad and Tobago 10th out of 84 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonbank financial institutions’ assets to GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 1.4% | — |
| 1961 | 1.3% | -10.5% |
| 1962 | 1.0% | -18.1% |
| 1963 | 0.9% | -12.0% |
| 1964 | 0.8% | -8.3% |
| 1965 | 0.8% | -10.9% |
| 1966 | 0.8% | +0.7% |
| 1967 | 0.7% | -13.3% |
| 1968 | 0.6% | -15.8% |
| 1969 | 0.6% | +0.9% |
| 1970 | 2.1% | +268.8% |
| 1971 | 1.9% | -5.8% |
| 1972 | 2.2% | +13.2% |
| 1973 | 1.9% | -15.2% |
| 1974 | 1.0% | -47.1% |
| 1975 | 2.9% | +189.6% |
| 1976 | 3.2% | +13.0% |
| 1977 | 3.7% | +15.7% |
| 1978 | 5.3% | +41.7% |
| 1979 | 4.8% | -9.7% |
| 1980 | 4.9% | +1.7% |
| 1981 | 5.8% | +19.5% |
| 1982 | 7.1% | +22.9% |
| 1983 | 9.4% | +31.1% |
| 1984 | 12.6% | +34.7% |
| 1985 | 14.4% | +14.6% |
| 1986 | 12.0% | -17.2% |
| 1987 | 12.7% | +6.5% |
| 1988 | 12.9% | +1.6% |
| 1989 | 11.2% | -13.6% |
| 1990 | 10.9% | -2.6% |
| 1991 | 11.9% | +9.4% |
| 1992 | 12.7% | +6.9% |
| 1993 | 13.5% | +5.9% |
| 1994 | 13.6% | +1.2% |
| 1995 | 15.7% | +15.3% |
| 1996 | 11.9% | -24.4% |
| 1997 | 13.2% | +10.8% |
| 1998 | 11.9% | -9.8% |
| 1999 | 12.1% | +2.2% |
| 2000 | 12.6% | +3.6% |
| 2001 | 11.1% | -11.6% |
| 2002 | 12.2% | +9.8% |
| 2003 | 11.6% | -5.0% |
| 2004 | 8.8% | -24.2% |
| 2005 | 6.6% | -25.2% |
| 2006 | 5.4% | -18.6% |
| 2007 | 4.5% | -16.5% |
| 2008 | 2.9% | -35.2% |
| 2009 | 3.6% | +25.9% |
| 2010 | 2.8% | -23.2% |
| 2011 | 2.4% | -13.8% |
| 2012 | 27.6% | +1043.4% |
| 2013 | 31.0% | +12.1% |
| 2014 | 35.0% | +12.9% |
| 2015 | 35.8% | +2.4% |
| 2016 | 39.2% | +9.4% |
| 2017 | 38.0% | -3.0% |
| 2018 | 36.1% | -5.0% |
| 2019 | 37.7% | +4.4% |
| 2020 | 42.3% | +12.2% |
| 2021 | 44.5% | +5.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 44.5% is above the median for high income countries, which is 16.7%, 2.7× the median. (24 countries reporting)
- Trinidad and Tobago's 44.5% is above the median for Latin America & Caribbean, which is 9.9%, 4.5× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Nonbank financial institutions’ assets to GDP in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1043.4% | 2.4% | 27.6% |
| 1970 | +268.8% | 0.6% | 2.1% |
| 1975 | +189.6% | 1.0% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9% | 0.6% | 1.4% | 10 |
| 1970s | 2.9% | 1.0% | 5.3% | 10 |
| 1980s | 10.3% | 4.9% | 14.4% | 10 |
| 1990s | 12.7% | 10.9% | 15.7% | 10 |
| 2000s | 7.9% | 2.9% | 12.6% | 10 |
| 2010s | 28.6% | 2.4% | 39.2% | 10 |
| 2020s | 43.4% | 42.3% | 44.5% | 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 nonbank financial institutions’ assets to gdp in Trinidad and Tobago?
- Nonbank financial institutions’ assets to gdp in Trinidad and Tobago was 44.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Trinidad and Tobago?
- The highest recorded value was 44.5% in 2021.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.6% in 1968.
- How does Trinidad and Tobago rank for nonbank financial institutions’ assets to gdp?
- Trinidad and Tobago ranks 10th out of 84 countries with data for 2021.
- Is nonbank financial institutions’ assets to gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 1,741.8%. The long-run trend across the full record is volatile.
- 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 Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by 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 other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).