Interest payments in Trinidad and Tobago
Trinidad and Tobago: Interest payments was 5.06 billion current LCU in 2019. ◆ Volatile
Interest payments in Trinidad and Tobago, 1976–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Trinidad and Tobago is 5.06 billion current LCU, measured in 2019. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 44.6% over ten years.
Over the whole period, interest payments in Trinidad and Tobago peaked at 5.06 billion current LCU in 2019 and was at its lowest, 43.50 million current LCU, in 1976.
Trinidad and Tobago ranks 98th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.55 million current LCU | 43.50 million current LCU | 125.70 million current LCU | 4 |
| 1980s | 153.95 million current LCU | 127.60 million current LCU | 180.30 million current LCU | 2 |
| 2000s | 2.66 billion current LCU | 2.38 billion current LCU | 3.50 billion current LCU | 9 |
| 2010s | 3.71 billion current LCU | 2.81 billion current LCU | 5.06 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 interest payments in Trinidad and Tobago?
- Interest payments in Trinidad and Tobago was 5.06 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Trinidad and Tobago?
- The highest recorded value was 5.06 billion current LCU in 2019.
- What is the lowest interest payments recorded in Trinidad and Tobago?
- The lowest recorded value was 43.50 million current LCU in 1976.
- How does Trinidad and Tobago rank for interest payments?
- Trinidad and Tobago ranks 98th out of 155 countries with data for 2019.
- Is interest payments rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is volatile.
- 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.