tt Trinidad and Tobago 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$30.05 billion

↑ 22.69% vs 2021
GDP per Capita

$22,004.20

↑ 22.84% vs 2021
GDP Growth (Annual %)

1.48%

↑ 2.52pp vs 2021
Inflation Rate (CPI %)

5.83%

↑ 3.77pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $24.50 billion $30.05 billion +22.69%
GDP per Capita $17,912.51 $22,004.20 +22.84%
GDP Growth (Annual %) -1.04% 1.48% +2.52pp
Inflation (CPI %) 2.06% 5.83% +3.77pp
Unemployment Rate (%) 4.45% 4.38% -0.06pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$30.05 billion
GDP per Capita
$22,004.20
GDP Growth (Annual %)
1.48%
Gross National Income
$28.33 billion
Prices & Employment
Inflation (CPI %)
5.83%
Inflation (GDP Deflator %)
20.81%
Unemployment Rate (%)
4.38%
Interest Rate (Real %)
-11.03%
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)
17.45%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Trinidad and Tobago's Gross Domestic Product (GDP) is $30.05 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Trinidad and Tobago for 2022 is $22,004.20. 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 2022 is 5.83%. This measures the annual percentage change in the cost of consumer goods and services.

Trinidad and Tobago's annual GDP growth rate for 2022 is 1.48%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Trinidad and Tobago for 2022 is 4.38%. This represents the percentage of the labor force that is unemployed and actively seeking employment.