Savings Rate, Percent per annum in Trinidad and Tobago
Trinidad and Tobago: Savings Rate, Percent per annum was 0.2 in 2019. ◆ Volatile
Savings Rate, Percent per annum in Trinidad and Tobago, 1984–2019
Source: International Monetary Fund.
Analysis
In 2019, savings rate, percent per annum in Trinidad and Tobago stood at 0.2. That is the lowest value across all 36 years on record.
The figure is down 82.3% over ten years.
Over the whole period, savings rate, percent per annum in Trinidad and Tobago peaked at 3.48 in 1985 and was at its lowest, 0.2, in 2012.
Trinidad and Tobago ranks 61st of 63 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Savings Rate, Percent per annum in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1984 | 3.47 | — |
| 1985 | 3.48 | +0.3% |
| 1986 | 3.06 | -12.0% |
| 1987 | 2.75 | -10.2% |
| 1988 | 2.75 | +0.0% |
| 1989 | 3.12 | +13.6% |
| 1990 | 2.75 | -12.0% |
| 1991 | 2.5 | -9.1% |
| 1992 | 2.58 | +3.3% |
| 1993 | 2.75 | +6.5% |
| 1994 | 2.69 | -2.3% |
| 1995 | 2.5 | -7.0% |
| 1996 | 2.52 | +0.9% |
| 1997 | 2.5 | -0.9% |
| 1998 | 2.83 | +13.3% |
| 1999 | 2.81 | -0.7% |
| 2000 | 2.96 | +5.2% |
| 2001 | 3.4 | +15.0% |
| 2002 | 2.3 | -32.2% |
| 2003 | 1.97 | -14.4% |
| 2004 | 1.67 | -15.5% |
| 2005 | 1.38 | -17.4% |
| 2006 | 1.46 | +6.3% |
| 2007 | 1.65 | +12.9% |
| 2008 | 2.03 | +22.8% |
| 2009 | 1.13 | -44.5% |
| 2010 | 0.3625 | -67.8% |
| 2011 | 0.2483 | -31.5% |
| 2012 | 0.2 | -19.5% |
| 2013 | 0.2 | +0.0% |
| 2014 | 0.2 | +0.0% |
| 2015 | 0.2 | +0.0% |
| 2016 | 0.2 | +0.0% |
| 2017 | 0.2 | +0.0% |
| 2018 | 0.2 | +0.0% |
| 2019 | 0.2 | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.2 is below the median for high income countries, which is 1.05, 19% of the median. (13 countries reporting)
- Trinidad and Tobago's 0.2 is below the median for Latin America & Caribbean, which is 1.66, 12% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Savings Rate, Percent per annum 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 |
|---|---|---|---|
| 2010 | -67.8% | 1.13 | 0.3625 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.11 | 2.75 | 3.48 | 6 |
| 1990s | 2.64 | 2.5 | 2.83 | 10 |
| 2000s | 2 | 1.13 | 3.4 | 10 |
| 2010s | 0.2211 | 0.2 | 0.3625 | 10 |
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 savings rate, percent per annum in Trinidad and Tobago?
- Savings rate, percent per annum in Trinidad and Tobago was 0.2 in 2019, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Trinidad and Tobago?
- The highest recorded value was 3.48 in 1985.
- What is the lowest savings rate, percent per annum recorded in Trinidad and Tobago?
- The lowest recorded value was 0.2 in 2012.
- How does Trinidad and Tobago rank for savings rate, percent per annum?
- Trinidad and Tobago ranks 61st out of 63 countries with data for 2019.
- Is savings rate, percent per annum rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 82.3%. 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 Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.