Home/Countries/Trinidad and Tobago/Fiscal Balance (% of GDP)

Trinidad and TobagoFiscal Balance (% of GDP)

Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #169 of 192
Latest Value
-4.8%
2027
YoY Change
+18.6%
20262027
Global Rank
#169
of 192 countries
Maximum
5.7%
2008
Minimum
-11.8%
2020
Last
-4.8%
Previous
-5.9%
Highest
5.7%
Lowest
-11.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook

Historical Data

YearValueChange
2027-4.8%+18.6%
2026-5.9%-13.5%
2025-5.2%+1.9%
2024-5.3%-341.7%
2023-1.2%-220.0%
20221.0%+111.9%
2021-8.4%+28.8%
2020-11.8%-218.9%
2019-3.7%+37.3%
2018-5.9%+43.8%
2017-10.5%-7.1%
2016-9.8%-32.4%
2015-7.4%-72.1%
2014-4.3%-59.3%
2013-2.7%-107.7%
2012-1.3%-85.7%
2011-0.7%-800.0%
20100.1%+102.0%
2009-4.9%-186.0%
20085.7%+78.1%
20073.2%+100.0%
20061.6%-36.0%
20052.5%+31.6%
20041.9%+0.0%
20031.9%+1050.0%
2002-0.2%-133.3%
20010.6%+200.0%
20000.2%

IMF Forecast

Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.

YearProjected ValueChange from Previous
2026Forecast-5.9%-13.5%
2027Forecast-4.8%+18.6%

Top Countries — Fiscal Balance (% of GDP)

#CountryValueYear
1Kuwait26.5%2026
2Norway10.7%2026
3Nauru9.5%2026
4Macao SAR, China5.6%2026
5United Arab Emirates4.8%2026
6South Sudan4.1%2026
7Lesotho3.8%2026
8Liechtenstein3.2%2026
9Cyprus3.2%2026
10Singapore2.7%2026
View all 192 countries →

About This Indicator

Definition

General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.

Methodology

Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.

Unit

Percent of GDP

Source: IMF World Economic OutlookCoverage: 20002027View original source →