Compensation of employees (current LCU) in Trinidad and Tobago
Trinidad and Tobago: Compensation of employees (current LCU) was 16.98 billion current LCU in 2019. ◆ Volatile
Compensation of employees in Trinidad and Tobago, 1976–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, compensation of employees in Trinidad and Tobago stood at 16.98 billion current LCU.
That represents a change of up 1.9% on the previous year and up 65.8% over ten years.
Over the whole period, compensation of employees in Trinidad and Tobago peaked at 16.99 billion current LCU in 2016 and was at its lowest, 459.00 million current LCU, in 1976.
That places Trinidad and Tobago 104th out of 156 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 1976 | 459.00 million current LCU | — |
| 1977 | 593.90 million current LCU | +29.4% |
| 1979 | 1.02 billion current LCU | +71.3% |
| 1980 | 1.31 billion current LCU | +28.4% |
| 1981 | 1.41 billion current LCU | +7.9% |
| 2001 | 4.81 billion current LCU | +241.1% |
| 2002 | 5.30 billion current LCU | +10.2% |
| 2003 | 5.81 billion current LCU | +9.7% |
| 2004 | 6.24 billion current LCU | +7.3% |
| 2005 | 7.18 billion current LCU | +15.1% |
| 2006 | 7.43 billion current LCU | +3.6% |
| 2007 | 8.81 billion current LCU | +18.6% |
| 2008 | 9.96 billion current LCU | +13.0% |
| 2009 | 10.24 billion current LCU | +2.8% |
| 2010 | 10.45 billion current LCU | +2.1% |
| 2012 | 12.07 billion current LCU | +15.5% |
| 2013 | 14.68 billion current LCU | +21.6% |
| 2014 | 14.40 billion current LCU | -1.9% |
| 2015 | 16.41 billion current LCU | +14.0% |
| 2016 | 16.99 billion current LCU | +3.5% |
| 2017 | 16.48 billion current LCU | -3.0% |
| 2018 | 16.67 billion current LCU | +1.1% |
| 2019 | 16.98 billion current LCU | +1.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 16.98 billion current LCU is below the median for high income countries, which is 23.97 billion current LCU, 71% of the median. (57 countries reporting)
- Trinidad and Tobago's 16.98 billion current LCU is below the median for Latin America & Caribbean, which is 34.98 billion current LCU, 49% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +241.1% | 1.41 billion current LCU | 4.81 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 690.03 million current LCU | 459.00 million current LCU | 1.02 billion current LCU | 3 |
| 1980s | 1.36 billion current LCU | 1.31 billion current LCU | 1.41 billion current LCU | 2 |
| 2000s | 7.31 billion current LCU | 4.81 billion current LCU | 10.24 billion current LCU | 9 |
| 2010s | 15.02 billion current LCU | 10.45 billion current LCU | 16.99 billion current LCU | 9 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 32.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 23.4 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -34.78 % change on previous year (2016)
Frequently asked questions
- What is compensation of employees in Trinidad and Tobago?
- Compensation of employees in Trinidad and Tobago was 16.98 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Trinidad and Tobago?
- The highest recorded value was 16.99 billion current LCU in 2016.
- What is the lowest compensation of employees recorded in Trinidad and Tobago?
- The lowest recorded value was 459.00 million current LCU in 1976.
- How does Trinidad and Tobago rank for compensation of employees?
- Trinidad and Tobago ranks 104th out of 156 countries with data for 2019.
- Is compensation of employees rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 65.8%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.