Net lending (+) / net borrowing (-) in Trinidad and Tobago
Trinidad and Tobago: Net lending (+) / net borrowing (-) was -16.84 billion current LCU in 2019. ◆ Volatile
Net lending (+) / net borrowing (-) in Trinidad and Tobago, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, net lending (+) / net borrowing (-) in Trinidad and Tobago stood at -16.84 billion current LCU. That is the lowest value across all 19 years on record.
That represents a change of down 211.3% on the previous year and down 180.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Trinidad and Tobago peaked at 5.78 billion current LCU in 2005 and was at its lowest, -16.84 billion current LCU, in 2019.
That places Trinidad and Tobago 83rd out of 156 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.21 billion current LCU | -6.01 billion current LCU | 5.78 billion current LCU | 9 |
| 2010s | -5.81 billion current LCU | -16.84 billion current LCU | -2.09 billion current LCU | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Arms imports 32.00 million SIPRI trend indicator values (2021)
- Tax revenue 16.8% (2019)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 1.6% (2019)
- Net lending (+) / net borrowing (-) -10.6% (2019)
- Interest payments 13.2% (2019)
- Grants and other revenue 18.7% (2019)
- Interest payments 9.6% (2019)
- Other taxes 16.1% (2019)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Trinidad and Tobago?
- Net lending (+) / net borrowing (-) in Trinidad and Tobago was -16.84 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Trinidad and Tobago?
- The highest recorded value was 5.78 billion current LCU in 2005.
- What is the lowest net lending (+) / net borrowing (-) recorded in Trinidad and Tobago?
- The lowest recorded value was -16.84 billion current LCU in 2019.
- How does Trinidad and Tobago rank for net lending (+) / net borrowing (-)?
- Trinidad and Tobago ranks 83rd out of 156 countries with data for 2019.
- Is net lending (+) / net borrowing (-) rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 180.3%. 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.