Trinidad and Tobago—Government Expenditure (% of GDP)
Latest Value
33.3%
2019
YoY Change
+6.3%
2018 → 2019
Maximum
33.5%
2015
Minimum
22.1%
2003
CAGR
+1.9%
19 years
Last
33.3%
Previous
31.4%
Highest
33.5%
Lowest
22.1%
Source
World Bank World Development Indicators
Trinidad and Tobago's government expenditure (% of gdp) was 33.3% in 2019. This represents a +6.3% change from 2018. Over the past 19 years, the highest recorded value was 33.5% (2015) and the lowest was 22.1% (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 33.3% | +6.3% |
| 2018 | 31.4% | -5.1% |
| 2017 | 33.0% | -1.1% |
| 2016 | 33.4% | -0.4% |
| 2015 | 33.5% | +7.9% |
| 2014 | 31.1% | +5.6% |
| 2013 | 29.4% | +3.2% |
| 2012 | 28.5% | +4.4% |
| 2011 | 27.3% | -11.0% |
| 2010 | 30.7% | -7.0% |
| 2009 | 33.0% | +24.9% |
| 2008 | 26.4% | +7.8% |
| 2007 | 24.5% | -16.9% |
| 2006 | 29.5% | +30.3% |
| 2005 | 22.7% | +0.2% |
| 2004 | 22.6% | +2.3% |
| 2003 | 22.1% | -11.2% |
| 2002 | 24.9% | +4.4% |
| 2001 | 23.9% |
Top Countries — Government Expenditure (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 103.6% | 2020 |
| 2 | Kiribati | 84.6% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 58.3% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |