Financial account balance (assets less liabilities), Net (net) in Trinidad and Tobago
Trinidad and Tobago: Financial account balance (assets less liabilities), Net (net) was 832.24 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Trinidad and Tobago, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Trinidad and Tobago stood at 832.24 million.
Compared with earlier readings it is down 18.7% on the previous year and down 32.9% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Trinidad and Tobago peaked at 8.62 billion in 2008 and was at its lowest, -1.82 billion, in 2016.
Trinidad and Tobago ranks 54th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.90 billion | — |
| 2006 | 6.76 billion | +133.3% |
| 2007 | 4.80 billion | -29.0% |
| 2008 | 8.62 billion | +79.6% |
| 2009 | 1.67 billion | -80.6% |
| 2010 | 4.20 billion | +151.3% |
| 2011 | 1.89 billion | -55.0% |
| 2012 | 3.50 billion | +85.1% |
| 2013 | 819.62 million | -76.6% |
| 2014 | 1.24 billion | +51.3% |
| 2015 | -1.07 billion | -186.2% |
| 2016 | -1.82 billion | +70.8% |
| 2017 | -645.74 million | -64.6% |
| 2018 | -619.15 million | -4.1% |
| 2019 | -72.56 million | -88.3% |
| 2020 | -1.49 billion | +1954.3% |
| 2021 | 2.73 billion | -283.2% |
| 2022 | 3.17 billion | +16.3% |
| 2023 | 1.02 billion | -67.8% |
| 2024 | 832.24 million | -18.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 832.24 million is above the median for high income countries, which is 822.40 million, 1.0× the median. (71 countries reporting)
- Trinidad and Tobago's 832.24 million is above the median for Latin America & Caribbean, which is -172.13 million. (37 countries reporting)
Biggest year-on-year movements
Years where Financial account balance (assets less liabilities), Net (net) 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 |
|---|---|---|---|
| 2020 | -1954.3% | -72.56 million | -1.49 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.95 billion | 1.67 billion | 8.62 billion | 5 |
| 2010s | 741.29 million | -1.82 billion | 4.20 billion | 10 |
| 2020s | 1.25 billion | -1.49 billion | 3.17 billion | 5 |
Countries ranked near Trinidad and Tobago
- 51 Tajikistan 1.07 billion compare
- 52 Finland 1.01 billion compare
- 53 Bermuda 950.06 million compare
- 55 Syrian Arab Republic 824.36 million compare
- 56 Latvia 822.40 million compare
- 57 South Sudan 769.25 million compare
More external debt data for Trinidad and Tobago
- Net financial flows, IDA 0 NFL, current US$ (2009)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2009)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0 NFL, current US$ per US$ of GDP (2009)
- Net financial flows, IBRD -2.13 million NFL, current US$ (2016)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2009)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 0 % change on previous year (2016)
- Other investment, Debt instruments 5.46 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) -2.83 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 1.92 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 3,992 US dollar per person (2025)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Trinidad and Tobago?
- Financial account balance (assets less liabilities), net (net) in Trinidad and Tobago was 832.24 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Trinidad and Tobago?
- The highest recorded value was 8.62 billion in 2008.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Trinidad and Tobago?
- The lowest recorded value was -1.82 billion in 2016.
- How does Trinidad and Tobago rank for financial account balance (assets less liabilities), net (net)?
- Trinidad and Tobago ranks 54th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 32.9%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.