Net acquisition of financial assets in Trinidad and Tobago
Trinidad and Tobago: Net acquisition of financial assets was -1.9% in 2018. ◆ Volatile
Net acquisition of financial assets in Trinidad and Tobago, 2006–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net acquisition of financial assets in Trinidad and Tobago is -1.9%, measured in 2018.
The figure is down 2,419.5% on the previous year and down 189.7% over ten years.
Over the whole period, net acquisition of financial assets in Trinidad and Tobago peaked at 2.1% in 2008 and was at its lowest, -5.1%, in 2009.
That places Trinidad and Tobago 126th out of 134 countries with data for 2018, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 0.6% | — |
| 2007 | 0.4% | -37.9% |
| 2008 | 2.1% | +483.4% |
| 2009 | -5.1% | -346.1% |
| 2010 | -3.0% | -41.5% |
| 2011 | -0.3% | -90.2% |
| 2012 | 0.3% | -218.1% |
| 2013 | -3.0% | -973.0% |
| 2014 | 0.1% | -104.3% |
| 2015 | -0.8% | -693.9% |
| 2016 | -1.2% | +51.1% |
| 2017 | 0.1% | -106.9% |
| 2018 | -1.9% | -2419.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's -1.9% is below the median for high income countries, which is 1.4%. (39 countries reporting)
- Trinidad and Tobago's -1.9% is below the median for Latin America & Caribbean, which is 1.0%. (24 countries reporting)
Biggest year-on-year movements
Years where Net acquisition of financial assets 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 |
|---|---|---|---|
| 2018 | -2419.5% | 0.1% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.5% | -5.1% | 2.1% | 4 |
| 2010s | -1.1% | -3.0% | 0.3% | 9 |
Countries ranked near Trinidad and Tobago
- 123 Papua New Guinea -1.2% compare
- 124 France -1.5%
- 125 Equatorial Guinea -1.5% compare
- 127 Nepal -1.9% compare
- 128 Angola -2.1% compare
- 129 Jordan -2.2%
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 net acquisition of financial assets in Trinidad and Tobago?
- Net acquisition of financial assets in Trinidad and Tobago was -1.9% in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Trinidad and Tobago?
- The highest recorded value was 2.1% in 2008.
- What is the lowest net acquisition of financial assets recorded in Trinidad and Tobago?
- The lowest recorded value was -5.1% in 2009.
- How does Trinidad and Tobago rank for net acquisition of financial assets?
- Trinidad and Tobago ranks 126th out of 134 countries with data for 2018.
- Is net acquisition of financial assets rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 189.7%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.