Trinidad and Tobago—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #137 of 192Updated August 2026
Latest Value
-2.7%
2031
YoY Change
-8.0%
2030 → 2031
Global Rank
#137
of 192 countries
Maximum
5.7%
2008
Minimum
-11.8%
2020
Last
-2.7%
Previous
-2.5%
Highest
5.7%
Lowest
-11.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Trinidad and Tobago's fiscal balance (% of GDP) was -4.6% in 2026, ranking #137 out of 192 countries. This represents a -8.0% change from 2030. Over the past 27 years, the highest recorded value was 5.7% (2008) and the lowest was -11.8% (2020). The IMF WEO projects -2.7% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.7% | -8.0% |
| 2030 | -2.5% | -13.6% |
| 2029 | -2.2% | -29.4% |
| 2028 | -1.7% | +32.0% |
| 2027 | -2.5% | +45.7% |
| 2026 | -4.6% | +16.4% |
| 2025 | -5.5% | +6.8% |
| 2024 | -5.9% | -391.7% |
| 2023 | -1.2% | -220.0% |
| 2022 | 1.0% | +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% |
| 2010 | 0.1% | +102.0% |
| 2009 | -4.9% | -186.0% |
| 2008 | 5.7% | +78.1% |
| 2007 | 3.2% | +1166.7% |
| 2006 | -0.3% | -137.5% |
| 2005 | 0.8% | -57.9% |
| 2004 | 1.9% | +0.0% |
| 2003 | 1.9% | +1050.0% |
| 2002 | -0.2% | -133.3% |
| 2001 | 0.6% | +200.0% |
| 2000 | 0.2% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -4.6% | +16.4% |
| 2027Forecast | -2.5% | +45.7% |
| 2028Forecast | -1.7% | +32.0% |
| 2029Forecast | -2.2% | -29.4% |
| 2030Forecast | -2.5% | -13.6% |
| 2031Forecast | -2.7% | -8.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
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