Trinidad and Tobago 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$23.72 billion
↓ 12.23% vs 2015GDP per Capita
$17,521.80
↓ 12.50% vs 2015GDP Growth (Annual %)
-7.53%
↓ 6.75pp vs 2015Inflation Rate (CPI %)
3.07%
↓ 1.59pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $27.03 billion | $23.72 billion | -12.23% |
| GDP per Capita | $20,024.75 | $17,521.80 | -12.50% |
| GDP Growth (Annual %) | -0.78% | -7.53% | -6.75pp |
| Inflation (CPI %) | 4.66% | 3.07% | -1.59pp |
| Unemployment Rate (%) | 2.43% | 3.21% | +0.78pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $23.72 billion
- GDP per Capita
- $17,521.80
- GDP Growth (Annual %)
- -7.53%
- Gross National Income
- $23.30 billion
Prices & Employment
- Inflation (CPI %)
- 3.07%
- Inflation (GDP Deflator %)
- -0.74%
- Unemployment Rate (%)
- 3.21%
- Interest Rate (Real %)
- 9.81%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.27%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Trinidad and Tobago's Gross Domestic Product (GDP) is $23.72 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Trinidad and Tobago for 2016 is $17,521.80. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Trinidad and Tobago for 2016 is 3.07%. This measures the annual percentage change in the cost of consumer goods and services.
Trinidad and Tobago's annual GDP growth rate for 2016 is -7.53%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Trinidad and Tobago for 2016 is 3.21%. This represents the percentage of the labor force that is unemployed and actively seeking employment.