Social contributions (current LCU) in Trinidad and Tobago
Trinidad and Tobago: Social contributions (current LCU) was 4.70 billion current LCU in 2019. ◆ Volatile
Social contributions in Trinidad and Tobago, 1976–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Trinidad and Tobago is 4.70 billion current LCU, measured in 2019.
The figure is down 0.6% on the previous year and up 80.2% over ten years.
Over the whole period, social contributions in Trinidad and Tobago peaked at 4.74 billion current LCU in 2016 and was at its lowest, 51.80 million current LCU, in 1976.
That places Trinidad and Tobago 82nd out of 112 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.
Social contributions (current LCU) in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 1976 | 51.80 million current LCU | — |
| 1977 | 59.30 million current LCU | +14.5% |
| 1978 | 63.50 million current LCU | +7.1% |
| 1979 | 64.30 million current LCU | +1.3% |
| 1980 | 62.80 million current LCU | -2.3% |
| 1981 | 145.80 million current LCU | +132.2% |
| 2001 | 789.20 million current LCU | +441.3% |
| 2002 | 833.00 million current LCU | +5.5% |
| 2003 | 905.60 million current LCU | +8.7% |
| 2004 | 1.02 billion current LCU | +12.6% |
| 2005 | 1.25 billion current LCU | +22.2% |
| 2006 | 1.44 billion current LCU | +15.3% |
| 2007 | 1.67 billion current LCU | +16.0% |
| 2008 | 2.21 billion current LCU | +32.4% |
| 2009 | 2.61 billion current LCU | +18.2% |
| 2010 | 2.70 billion current LCU | +3.6% |
| 2012 | 2.98 billion current LCU | +10.3% |
| 2013 | 3.44 billion current LCU | +15.3% |
| 2014 | 3.82 billion current LCU | +11.2% |
| 2015 | 4.30 billion current LCU | +12.5% |
| 2016 | 4.74 billion current LCU | +10.3% |
| 2017 | 4.40 billion current LCU | -7.3% |
| 2018 | 4.73 billion current LCU | +7.5% |
| 2019 | 4.70 billion current LCU | -0.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 4.70 billion current LCU is below the median for high income countries, which is 35.12 billion current LCU, 13% of the median. (49 countries reporting)
- Trinidad and Tobago's 4.70 billion current LCU is below the median for Latin America & Caribbean, which is 21.07 billion current LCU, 22% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Social contributions (current LCU) 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 |
|---|---|---|---|
| 2001 | +441.3% | 145.80 million current LCU | 789.20 million current LCU |
| 1981 | +132.2% | 62.80 million current LCU | 145.80 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.73 million current LCU | 51.80 million current LCU | 64.30 million current LCU | 4 |
| 1980s | 104.30 million current LCU | 62.80 million current LCU | 145.80 million current LCU | 2 |
| 2000s | 1.41 billion current LCU | 789.20 million current LCU | 2.61 billion current LCU | 9 |
| 2010s | 3.98 billion current LCU | 2.70 billion current LCU | 4.74 billion current LCU | 9 |
Countries ranked near Trinidad and Tobago
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 social contributions in Trinidad and Tobago?
- Social contributions in Trinidad and Tobago was 4.70 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Trinidad and Tobago?
- The highest recorded value was 4.74 billion current LCU in 2016.
- What is the lowest social contributions recorded in Trinidad and Tobago?
- The lowest recorded value was 51.80 million current LCU in 1976.
- How does Trinidad and Tobago rank for social contributions?
- Trinidad and Tobago ranks 82nd out of 112 countries with data for 2019.
- Is social contributions rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 80.2%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.