Military expenditure (current USD), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Military expenditure (current USD), per unit of GDP was 0.0091 current USD per US$ of GDP in 2024. ▲ Rising
Military expenditure (current USD), per unit of GDP in Trinidad and Tobago, 1968–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2024, military expenditure (current usd), per unit of gdp in Trinidad and Tobago stood at 0.0091 current USD per US$ of GDP.
Compared with earlier readings it is down 5.8% on the previous year and up 42.8% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Trinidad and Tobago peaked at 0.0097 current USD per US$ of GDP in 2023 and was at its lowest, 0.0016 current USD per US$ of GDP, in 2001.
Trinidad and Tobago ranks 126th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 40 years of available data.
Military expenditure (current USD), per unit of GDP in Trinidad and Tobago, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1968 | 0.0067 current USD per US$ of GDP | — |
| 1969 | 0.0068 current USD per US$ of GDP | +0.7% |
| 1970 | 0.0075 current USD per US$ of GDP | +11.7% |
| 1971 | 0.0096 current USD per US$ of GDP | +27.4% |
| 1972 | 0.0084 current USD per US$ of GDP | -12.4% |
| 1973 | 0.0068 current USD per US$ of GDP | -18.8% |
| 1974 | 0.0042 current USD per US$ of GDP | -38.5% |
| 1975 | 0.0044 current USD per US$ of GDP | +4.2% |
| 1976 | 0.005 current USD per US$ of GDP | +15.1% |
| 1977 | 0.0049 current USD per US$ of GDP | -3.0% |
| 1978 | 0.0051 current USD per US$ of GDP | +5.0% |
| 1979 | 0.0059 current USD per US$ of GDP | +15.0% |
| 1980 | 0.0059 current USD per US$ of GDP | +0.1% |
| 1981 | 0.005 current USD per US$ of GDP | -15.1% |
| 1993 | 0.0048 current USD per US$ of GDP | -3.6% |
| 1994 | 0.0049 current USD per US$ of GDP | +0.9% |
| 2001 | 0.0016 current USD per US$ of GDP | -67.7% |
| 2002 | 0.0022 current USD per US$ of GDP | +36.9% |
| 2003 | 0.003 current USD per US$ of GDP | +37.9% |
| 2004 | 0.0057 current USD per US$ of GDP | +91.5% |
| 2005 | 0.0061 current USD per US$ of GDP | +7.0% |
| 2006 | 0.0063 current USD per US$ of GDP | +2.9% |
| 2007 | 0.0058 current USD per US$ of GDP | -8.4% |
| 2008 | 0.005 current USD per US$ of GDP | -13.4% |
| 2009 | 0.0072 current USD per US$ of GDP | +44.8% |
| 2010 | 0.0065 current USD per US$ of GDP | -10.6% |
| 2011 | 0.0057 current USD per US$ of GDP | -11.0% |
| 2012 | 0.0062 current USD per US$ of GDP | +8.2% |
| 2013 | 0.0074 current USD per US$ of GDP | +18.9% |
| 2014 | 0.0064 current USD per US$ of GDP | -13.3% |
| 2015 | 0.0075 current USD per US$ of GDP | +17.5% |
| 2016 | 0.0092 current USD per US$ of GDP | +21.6% |
| 2017 | 0.0085 current USD per US$ of GDP | -7.5% |
| 2018 | 0.007 current USD per US$ of GDP | -17.9% |
| 2019 | 0.0073 current USD per US$ of GDP | +5.7% |
| 2020 | 0.0081 current USD per US$ of GDP | +10.9% |
| 2021 | 0.0087 current USD per US$ of GDP | +6.8% |
| 2022 | 0.0077 current USD per US$ of GDP | -11.9% |
| 2023 | 0.0097 current USD per US$ of GDP | +26.8% |
| 2024 | 0.0091 current USD per US$ of GDP | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0067 current USD per US$ of GDP | 0.0067 current USD per US$ of GDP | 0.0068 current USD per US$ of GDP | 2 |
| 1970s | 0.0062 current USD per US$ of GDP | 0.0042 current USD per US$ of GDP | 0.0096 current USD per US$ of GDP | 10 |
| 1980s | 0.0055 current USD per US$ of GDP | 0.005 current USD per US$ of GDP | 0.0059 current USD per US$ of GDP | 2 |
| 1990s | 0.0049 current USD per US$ of GDP | 0.0048 current USD per US$ of GDP | 0.0049 current USD per US$ of GDP | 2 |
| 2000s | 0.0048 current USD per US$ of GDP | 0.0016 current USD per US$ of GDP | 0.0072 current USD per US$ of GDP | 9 |
| 2010s | 0.0072 current USD per US$ of GDP | 0.0057 current USD per US$ of GDP | 0.0092 current USD per US$ of GDP | 10 |
| 2020s | 0.0087 current USD per US$ of GDP | 0.0077 current USD per US$ of GDP | 0.0097 current USD per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 123 Belize 0.0094 current USD per US$ of GDP compare
- 124 Luxembourg 0.0093 current USD per US$ of GDP compare
- 125 Paraguay 0.0093 current USD per US$ of GDP compare
- 127 Mexico 0.0091 current USD per US$ of GDP compare
- 128 Bangladesh 0.009 current USD per US$ of GDP compare
- 129 Angola 0.0089 current USD per US$ of GDP compare
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), 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)
- Military expenditure (current USD), per square kilometre 47,426 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Trinidad and Tobago?
- Military expenditure (current usd), per unit of gdp in Trinidad and Tobago was 0.0091 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 0.0097 current USD per US$ of GDP in 2023.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.0016 current USD per US$ of GDP in 2001.
- How does Trinidad and Tobago rank for military expenditure (current usd), per unit of gdp?
- Trinidad and Tobago ranks 126th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 42.8%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.