Expense in Trinidad and Tobago
Trinidad and Tobago: Expense was 52.83 billion current LCU in 2019. ▲ Rising
Expense in Trinidad and Tobago, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, expense in Trinidad and Tobago stood at 52.83 billion current LCU.
Compared with earlier readings it is up 4.2% on the previous year and up 32.0% over ten years.
Over the whole period, expense in Trinidad and Tobago peaked at 58.75 billion current LCU in 2014 and was at its lowest, 13.13 billion current LCU, in 2001.
Trinidad and Tobago ranks 109th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.53 billion current LCU | 13.13 billion current LCU | 46.33 billion current LCU | 9 |
| 2010s | 51.76 billion current LCU | 43.37 billion current LCU | 58.75 billion current LCU | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Arms imports 32.00 million SIPRI trend indicator values (2021)
- Tax revenue 16.8% (2019)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 1.6% (2019)
- Net lending (+) / net borrowing (-) -10.6% (2019)
- Interest payments 13.2% (2019)
- Grants and other revenue 18.7% (2019)
- Interest payments 9.6% (2019)
- Other taxes 16.1% (2019)
Frequently asked questions
- What is expense in Trinidad and Tobago?
- Expense in Trinidad and Tobago was 52.83 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Trinidad and Tobago?
- The highest recorded value was 58.75 billion current LCU in 2014.
- What is the lowest expense recorded in Trinidad and Tobago?
- The lowest recorded value was 13.13 billion current LCU in 2001.
- How does Trinidad and Tobago rank for expense?
- Trinidad and Tobago ranks 109th out of 157 countries with data for 2019.
- Is expense rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.