tt Trinidad and Tobago 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$24.50 billion

↑ 17.73% vs 2020
GDP per Capita

$17,912.51

↑ 17.66% vs 2020
GDP Growth (Annual %)

-1.04%

↑ 8.04pp vs 2020
Inflation Rate (CPI %)

2.06%

↑ 1.46pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $20.81 billion $24.50 billion +17.73%
GDP per Capita $15,224.51 $17,912.51 +17.66%
GDP Growth (Annual %) -9.08% -1.04% +8.04pp
Inflation (CPI %) 0.60% 2.06% +1.46pp
Unemployment Rate (%) 4.21% 4.45% +0.24pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$24.50 billion
GDP per Capita
$17,912.51
GDP Growth (Annual %)
-1.04%
Gross National Income
$24.10 billion
Prices & Employment
Inflation (CPI %)
2.06%
Inflation (GDP Deflator %)
19.09%
Unemployment Rate (%)
4.45%
Interest Rate (Real %)
-9.79%
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)
10.73%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Trinidad and Tobago's Gross Domestic Product (GDP) is $24.50 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Trinidad and Tobago for 2021 is $17,912.51. 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 2021 is 2.06%. This measures the annual percentage change in the cost of consumer goods and services.

Trinidad and Tobago's annual GDP growth rate for 2021 is -1.04%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Trinidad and Tobago for 2021 is 4.45%. This represents the percentage of the labor force that is unemployed and actively seeking employment.