Trinidad and Tobago Current Account Balance (% GDP) Statistics

19, May 2019, EDT.

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Country or Region: Trinidad and Tobago › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Trinidad and Tobago indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Trinidad and Tobago Dollar
Currency Symbol: TTD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Trinidad and Tobago , Year 2015 - In Detail

Current Account Balance (% GDP) for Trinidad and Tobago in year 2015 is -5.413 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Trinidad and Tobago No. 112 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Trinidad and Tobago is 1.29 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Trinidad and Tobago was 4.64 % Current Account Balance (% GDP) for Trinidad and Tobago in 2015 was or will be 216.61% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Trinidad and Tobago was or will be -4.39 %, which is 18.90% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Trinidad and Tobago, in other Years
Year %
  2021 -2.604
  2020 -2.566
  2019 -2.351
  2018 -2.682
  2017 -3.654
  2016 -4.39
2015 -5.413
  2014 4.642
  2013 7.26
  2012 3.206
  2011 11.397
  2010 18.86
  2009 8.52
  2008 30.494
  2007 23.872
  2006 39.583
  2005 22.481
  2004 12.409
  2003 8.72
  2002 0.851
  2001 5.038
  2000 6.672
  1999 0.451
  1998 -10.648
  1997 -10.694
  1996 1.826
  1995 5.513
  1994 4.403
  1993 2.469
  1992 2.612
  1991 -0.09
  1990 9.056
  1989 -0.892
  1988 -1.969
  1987 -4.689
  1986 -8.592
  1985 -0.649
  1984 -6.016
  1983 -12.192
  1982 -7.364
  1981 5.93
  1980 5.724