Military expenditure (current USD), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Military expenditure (current USD), annual growth rate was -3.6 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Trinidad and Tobago, 1969–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Trinidad and Tobago recorded -3.6 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
That represents a change of down 129.9% on the previous year and up 65.9% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Trinidad and Tobago peaked at 124.95 % change on previous year in 2004 and was at its lowest, -17.74 % change on previous year, in 2018.
That places Trinidad and Tobago 134th out of 164 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 3.44 % change on previous year | — |
| 1970 | 17.81 % change on previous year | +417.9% |
| 1971 | 39.04 % change on previous year | +119.2% |
| 1972 | 5.81 % change on previous year | -85.1% |
| 1973 | -1.94 % change on previous year | -133.3% |
| 1974 | -4.03 % change on previous year | +108.3% |
| 1975 | 24.69 % change on previous year | -712.1% |
| 1976 | 17.85 % change on previous year | -27.7% |
| 1977 | 21.81 % change on previous year | +22.2% |
| 1978 | 19.19 % change on previous year | -12.0% |
| 1979 | 48.64 % change on previous year | +153.5% |
| 1980 | 35.67 % change on previous year | -26.7% |
| 1981 | -4.77 % change on previous year | -113.4% |
| 1994 | 6.88 % change on previous year | -244.3% |
| 2002 | 39.77 % change on previous year | +478.1% |
| 2003 | 73.08 % change on previous year | +83.7% |
| 2004 | 124.95 % change on previous year | +71.0% |
| 2005 | 28.81 % change on previous year | -76.9% |
| 2006 | 18.22 % change on previous year | -36.8% |
| 2007 | 7.95 % change on previous year | -56.3% |
| 2008 | 11.5 % change on previous year | +44.6% |
| 2009 | -0.4127 % change on previous year | -103.6% |
| 2010 | 3.28 % change on previous year | -894.0% |
| 2011 | 2.11 % change on previous year | -35.6% |
| 2012 | 15.53 % change on previous year | +636.0% |
| 2013 | 25.13 % change on previous year | +61.9% |
| 2014 | -10.56 % change on previous year | -142.0% |
| 2015 | 7 % change on previous year | -166.3% |
| 2016 | 7.01 % change on previous year | +0.2% |
| 2017 | -6.69 % change on previous year | -195.4% |
| 2018 | -17.74 % change on previous year | +165.3% |
| 2019 | 3.93 % change on previous year | -122.1% |
| 2020 | -1.36 % change on previous year | -134.7% |
| 2021 | 23.8 % change on previous year | -1846.5% |
| 2022 | 3.08 % change on previous year | -87.1% |
| 2023 | 12.03 % change on previous year | +290.7% |
| 2024 | -3.6 % change on previous year | -129.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's -3.6 % change on previous year is below the median for high income countries, which is 10.89 % change on previous year. (52 countries reporting)
- Trinidad and Tobago's -3.6 % change on previous year is below the median for Latin America & Caribbean, which is 3.65 % change on previous year. (23 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate 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 |
|---|---|---|---|
| 2021 | +1846.5% | -1.36 % change on previous year | 23.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.44 % change on previous year | 3.44 % change on previous year | 3.44 % change on previous year | 1 |
| 1970s | 18.89 % change on previous year | -4.03 % change on previous year | 48.64 % change on previous year | 10 |
| 1980s | 15.45 % change on previous year | -4.77 % change on previous year | 35.67 % change on previous year | 2 |
| 1990s | 6.88 % change on previous year | 6.88 % change on previous year | 6.88 % change on previous year | 1 |
| 2000s | 37.98 % change on previous year | -0.4127 % change on previous year | 124.95 % change on previous year | 8 |
| 2010s | 2.9 % change on previous year | -17.74 % change on previous year | 25.13 % change on previous year | 10 |
| 2020s | 6.79 % change on previous year | -3.6 % change on previous year | 23.8 % change on previous year | 5 |
Countries ranked near Trinidad and Tobago
- 131 Malta -3 % change on previous year compare
- 132 United Arab Emirates -3.42 % change on previous year compare
- 133 Cote d'Ivoire -3.49 % change on previous year compare
- 135 Sierra Leone -3.65 % change on previous year compare
- 136 Brazil -3.86 % change on previous year compare
- 137 Thailand -3.89 % change on previous year compare
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 military expenditure (current usd), annual growth rate in Trinidad and Tobago?
- Military expenditure (current usd), annual growth rate in Trinidad and Tobago was -3.6 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 124.95 % change on previous year in 2004.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -17.74 % change on previous year in 2018.
- How does Trinidad and Tobago rank for military expenditure (current usd), annual growth rate?
- Trinidad and Tobago ranks 134th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 65.9%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.