Military expenditure (current USD) in Trinidad and Tobago
Trinidad and Tobago: Military expenditure was 234.54 million current USD in 2024. ◆ Volatile
Latest (2024)
234.54 million current USD
Change on year
down 3.6%
World rank
125th
of 168 countries
All-time high
243.29 million current USD
in 2023
All-time low
5.09 million current USD
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 USD.
Analysis
The most recent figure for military expenditure in Trinidad and Tobago is 234.54 million current USD, measured in 2024.
Compared with earlier readings it is down 3.6% on the previous year and up 24.2% over ten years.
Over the whole period, military expenditure in Trinidad and Tobago peaked at 243.29 million current USD in 2023 and was at its lowest, 5.09 million current USD, in 1968.
That places Trinidad and Tobago 125th out of 168 countries with data for 2024, putting it in the middle of the range.
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 USD | Change |
|---|---|---|
| 1968 | 5.09 million current USD | — |
| 1969 | 5.26 million current USD | +3.4% |
| 1970 | 6.20 million current USD | +17.8% |
| 1971 | 8.62 million current USD | +39.0% |
| 1972 | 9.12 million current USD | +5.8% |
| 1973 | 8.94 million current USD | -1.9% |
| 1974 | 8.58 million current USD | -4.0% |
| 1975 | 10.70 million current USD | +24.7% |
| 1976 | 12.61 million current USD | +17.8% |
| 1977 | 15.36 million current USD | +21.8% |
| 1978 | 18.31 million current USD | +19.2% |
| 1979 | 27.22 million current USD | +48.6% |
| 1980 | 36.93 million current USD | +35.7% |
| 1981 | 35.17 million current USD | -4.8% |
| 1993 | 22.64 million current USD | -35.6% |
| 1994 | 24.20 million current USD | +6.9% |
| 2001 | 13.95 million current USD | -42.4% |
| 2002 | 19.49 million current USD | +39.8% |
| 2003 | 33.74 million current USD | +73.1% |
| 2004 | 75.89 million current USD | +124.9% |
| 2005 | 97.75 million current USD | +28.8% |
| 2006 | 115.56 million current USD | +18.2% |
| 2007 | 124.75 million current USD | +8.0% |
| 2008 | 139.10 million current USD | +11.5% |
| 2009 | 138.52 million current USD | -0.4% |
| 2010 | 143.06 million current USD | +3.3% |
| 2011 | 146.08 million current USD | +2.1% |
| 2012 | 168.76 million current USD | +15.5% |
| 2013 | 211.18 million current USD | +25.1% |
| 2014 | 188.89 million current USD | -10.6% |
| 2015 | 202.11 million current USD | +7.0% |
| 2016 | 216.28 million current USD | +7.0% |
| 2017 | 201.81 million current USD | -6.7% |
| 2018 | 166.01 million current USD | -17.7% |
| 2019 | 172.53 million current USD | +3.9% |
| 2020 | 170.18 million current USD | -1.4% |
| 2021 | 210.68 million current USD | +23.8% |
| 2022 | 217.16 million current USD | +3.1% |
| 2023 | 243.29 million current USD | +12.0% |
| 2024 | 234.54 million current USD | -3.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 234.54 million current USD is below the median for high income countries, which is 6.62 billion current USD, 4% of the median. (54 countries reporting)
- Trinidad and Tobago's 234.54 million current USD is below the median for Latin America & Caribbean, which is 420.19 million current USD, 56% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Military expenditure 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 |
|---|---|---|---|
| 2004 | +124.9% | 33.74 million current USD | 75.89 million current USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.17 million current USD | 5.09 million current USD | 5.26 million current USD | 2 |
| 1970s | 12.57 million current USD | 6.20 million current USD | 27.22 million current USD | 10 |
| 1980s | 36.05 million current USD | 35.17 million current USD | 36.93 million current USD | 2 |
| 1990s | 23.42 million current USD | 22.64 million current USD | 24.20 million current USD | 2 |
| 2000s | 84.31 million current USD | 13.95 million current USD | 139.10 million current USD | 9 |
| 2010s | 181.67 million current USD | 143.06 million current USD | 216.28 million current USD | 10 |
| 2020s | 215.17 million current USD | 170.18 million current USD | 243.29 million current USD | 5 |
Countries ranked near Trinidad and Tobago
- 122 Jamaica 262.51 million current USD compare
- 123 Mauritania 260.06 million current USD compare
- 124 Tajikistan 246.39 million current USD compare
- 126 Bosnia and Herzegovina 215.97 million current USD compare
- 127 Somalia 201.85 million current USD compare
- 128 Guyana 201.84 million current USD 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Trinidad and Tobago?
- Military expenditure in Trinidad and Tobago was 234.54 million current USD 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 243.29 million current USD in 2023.
- What is the lowest military expenditure recorded in Trinidad and Tobago?
- The lowest recorded value was 5.09 million current USD in 1968.
- How does Trinidad and Tobago rank for military expenditure?
- Trinidad and Tobago ranks 125th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 24.2%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)