Total reserves in months of imports in Trinidad and Tobago
Trinidad and Tobago: Total reserves in months of imports was 5.73 in 2024. ◆ Volatile
Total reserves in months of imports in Trinidad and Tobago, 1975–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Trinidad and Tobago recorded 5.73 for total reserves in months of imports in 2024.
The figure is down 23.8% on the previous year and down 47.0% over ten years.
Over the whole period, total reserves in months of imports in Trinidad and Tobago peaked at 13.53 in 1978 and was at its lowest, 0.973, in 1988.
That places Trinidad and Tobago 54th out of 179 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.
Total reserves in months of imports in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 9.19 | — |
| 1976 | 10.44 | +13.5% |
| 1977 | 12.56 | +20.3% |
| 1978 | 13.53 | +7.7% |
| 1979 | 11.74 | -13.2% |
| 1980 | 11.36 | -3.3% |
| 1981 | 13.38 | +17.8% |
| 1982 | 10.21 | -23.7% |
| 1983 | 7.29 | -28.6% |
| 1984 | 5.46 | -25.2% |
| 1985 | 5.24 | -4.0% |
| 1986 | 2.79 | -46.8% |
| 1987 | 1.39 | -50.1% |
| 1988 | 0.973 | -30.1% |
| 1989 | 1.7 | +74.5% |
| 1990 | 3.3 | +94.5% |
| 1991 | 1.92 | -41.9% |
| 1992 | 1.12 | -41.6% |
| 1993 | 1.53 | +36.8% |
| 1994 | 2.3 | +50.2% |
| 1995 | 1.77 | -23.4% |
| 1996 | 2.47 | +39.8% |
| 1997 | 2.36 | -4.3% |
| 1998 | 2.62 | +11.1% |
| 1999 | 3.33 | +26.8% |
| 2000 | 3.82 | +15.0% |
| 2001 | 5.02 | +31.4% |
| 2002 | 5.36 | +6.6% |
| 2003 | 5.9 | +10.2% |
| 2004 | 6.71 | +13.6% |
| 2005 | 8.4 | +25.2% |
| 2006 | 9.82 | +16.9% |
| 2007 | 8.72 | -11.2% |
| 2008 | 9.96 | +14.3% |
| 2009 | 12.23 | +22.7% |
| 2010 | 13.35 | +9.2% |
| 2011 | 8.46 | -36.7% |
| 2012 | 7.69 | -9.1% |
| 2013 | 8.78 | +14.2% |
| 2014 | 10.8 | +23.0% |
| 2015 | 10.62 | -1.7% |
| 2016 | 10.63 | +0.1% |
| 2017 | 10.12 | -4.8% |
| 2018 | 8.73 | -13.7% |
| 2019 | 9.05 | +3.6% |
| 2020 | 9.98 | +10.3% |
| 2021 | 8.52 | -14.7% |
| 2022 | 5.23 | -38.5% |
| 2023 | 7.52 | +43.6% |
| 2024 | 5.73 | -23.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 5.73 is above the median for high income countries, which is 3.47, 1.6× the median. (62 countries reporting)
- Trinidad and Tobago's 5.73 is above the median for Latin America & Caribbean, which is 4.14, 1.4× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.49 | 9.19 | 13.53 | 5 |
| 1980s | 5.98 | 0.973 | 13.38 | 10 |
| 1990s | 2.27 | 1.12 | 3.33 | 10 |
| 2000s | 7.6 | 3.82 | 12.23 | 10 |
| 2010s | 9.82 | 7.69 | 13.35 | 10 |
| 2020s | 7.4 | 5.23 | 9.98 | 5 |
Countries ranked near Trinidad and Tobago
- 51 Aruba 5.82 compare
- 52 Iran, Islamic Republic of 5.82 compare
- 53 Tajikistan 5.75 compare
- 55 Nicaragua 5.72 compare
- 56 Hong Kong, China 5.69 compare
- 57 Italy 5.67 compare
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 total reserves in months of imports in Trinidad and Tobago?
- Total reserves in months of imports in Trinidad and Tobago was 5.73 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Trinidad and Tobago?
- The highest recorded value was 13.53 in 1978.
- What is the lowest total reserves in months of imports recorded in Trinidad and Tobago?
- The lowest recorded value was 0.973 in 1988.
- How does Trinidad and Tobago rank for total reserves in months of imports?
- Trinidad and Tobago ranks 54th out of 179 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 47.0%. 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 database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].