Interest payments in Trinidad and Tobago
Trinidad and Tobago: Interest payments was 9.6% in 2019. ▼ Falling
Interest payments in Trinidad and Tobago, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Trinidad and Tobago recorded 9.6% for interest payments in 2019.
That represents a change of up 1.5% on the previous year and up 9.6% over ten years.
Over the whole period, interest payments in Trinidad and Tobago peaked at 18.2% in 2001 and was at its lowest, 5.2%, in 2013.
That places Trinidad and Tobago 55th out of 152 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Interest payments in Trinidad and Tobago, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 18.2% | — |
| 2002 | 17.2% | -5.3% |
| 2003 | 16.5% | -4.1% |
| 2004 | 12.7% | -23.1% |
| 2005 | 11.1% | -12.0% |
| 2006 | 7.2% | -35.7% |
| 2007 | 8.0% | +12.1% |
| 2008 | 6.4% | -20.3% |
| 2009 | 8.7% | +36.5% |
| 2010 | 7.6% | -13.2% |
| 2011 | 6.4% | -15.2% |
| 2012 | 5.9% | -8.3% |
| 2013 | 5.2% | -12.1% |
| 2014 | 5.3% | +2.5% |
| 2015 | 6.0% | +12.6% |
| 2016 | 9.6% | +60.0% |
| 2017 | 7.0% | -26.4% |
| 2018 | 9.4% | +34.0% |
| 2019 | 9.6% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.8% | 6.4% | 18.2% | 9 |
| 2010s | 7.2% | 5.2% | 9.6% | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 32.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 171.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 234.54 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,238 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is interest payments in Trinidad and Tobago?
- Interest payments in Trinidad and Tobago was 9.6% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Trinidad and Tobago?
- The highest recorded value was 18.2% in 2001.
- What is the lowest interest payments recorded in Trinidad and Tobago?
- The lowest recorded value was 5.2% in 2013.
- How does Trinidad and Tobago rank for interest payments?
- Trinidad and Tobago ranks 55th out of 152 countries with data for 2019.
- Is interest payments rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is falling.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.