Military expenditure in Trinidad and Tobago
Trinidad and Tobago: Military expenditure was 1.59 billion current LCU in 2024. ◆ Volatile
Latest (2024)
1.59 billion current LCU
Change on year
down 3.6%
World rank
137th
of 167 countries
All-time high
1.65 billion current LCU
in 2023
All-time low
10.18 million current LCU
in 1968
Years of data
40
1968–2024
Military expenditure in Trinidad and Tobago, 1968–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Trinidad and Tobago recorded 1.59 billion current LCU for military expenditure in 2024.
That represents a change of down 3.6% on the previous year and up 31.5% over ten years.
Over the whole period, military expenditure in Trinidad and Tobago peaked at 1.65 billion current LCU in 2023 and was at its lowest, 10.18 million current LCU, in 1968.
Trinidad and Tobago ranks 137th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 10.18 million current LCU | — |
| 1969 | 10.53 million current LCU | +3.4% |
| 1970 | 12.40 million current LCU | +17.8% |
| 1971 | 17.02 million current LCU | +37.3% |
| 1972 | 17.52 million current LCU | +2.9% |
| 1973 | 17.52 million current LCU | +0.0% |
| 1974 | 17.62 million current LCU | +0.6% |
| 1975 | 23.23 million current LCU | +31.8% |
| 1976 | 30.73 million current LCU | +32.3% |
| 1977 | 36.88 million current LCU | +20.0% |
| 1978 | 43.95 million current LCU | +19.2% |
| 1979 | 65.33 million current LCU | +48.6% |
| 1980 | 88.62 million current LCU | +35.7% |
| 1981 | 84.40 million current LCU | -4.8% |
| 1993 | 121.17 million current LCU | +43.6% |
| 1994 | 143.40 million current LCU | +18.3% |
| 2001 | 86.92 million current LCU | -39.4% |
| 2002 | 121.80 million current LCU | +40.1% |
| 2003 | 212.38 million current LCU | +74.4% |
| 2004 | 478.02 million current LCU | +125.1% |
| 2005 | 615.80 million current LCU | +28.8% |
| 2006 | 729.45 million current LCU | +18.5% |
| 2007 | 789.42 million current LCU | +8.2% |
| 2008 | 874.85 million current LCU | +10.8% |
| 2009 | 876.15 million current LCU | +0.1% |
| 2010 | 912.10 million current LCU | +4.1% |
| 2011 | 936.27 million current LCU | +2.7% |
| 2012 | 1.09 billion current LCU | +15.9% |
| 2013 | 1.36 billion current LCU | +25.4% |
| 2014 | 1.21 billion current LCU | -11.0% |
| 2015 | 1.29 billion current LCU | +6.5% |
| 2016 | 1.44 billion current LCU | +11.8% |
| 2017 | 1.37 billion current LCU | -5.1% |
| 2018 | 1.12 billion current LCU | -17.8% |
| 2019 | 1.17 billion current LCU | +3.9% |
| 2020 | 1.15 billion current LCU | -1.4% |
| 2021 | 1.40 billion current LCU | +21.9% |
| 2022 | 1.47 billion current LCU | +5.0% |
| 2023 | 1.65 billion current LCU | +12.0% |
| 2024 | 1.59 billion current LCU | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.35 million current LCU | 10.18 million current LCU | 10.53 million current LCU | 2 |
| 1970s | 28.22 million current LCU | 12.40 million current LCU | 65.33 million current LCU | 10 |
| 1980s | 86.51 million current LCU | 84.40 million current LCU | 88.62 million current LCU | 2 |
| 1990s | 132.29 million current LCU | 121.17 million current LCU | 143.40 million current LCU | 2 |
| 2000s | 531.64 million current LCU | 86.92 million current LCU | 876.15 million current LCU | 9 |
| 2010s | 1.19 billion current LCU | 912.10 million current LCU | 1.44 billion current LCU | 10 |
| 2020s | 1.45 billion current LCU | 1.15 billion current LCU | 1.65 billion current LCU | 5 |
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 military expenditure in Trinidad and Tobago?
- Military expenditure in Trinidad and Tobago was 1.59 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Trinidad and Tobago?
- The highest recorded value was 1.65 billion current LCU in 2023.
- What is the lowest military expenditure recorded in Trinidad and Tobago?
- The lowest recorded value was 10.18 million current LCU in 1968.
- How does Trinidad and Tobago rank for military expenditure?
- Trinidad and Tobago ranks 137th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 31.5%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)