Trinidad and Tobago 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$20.81 billion
↓ 12.48% vs 2019GDP per Capita
$15,224.51
↓ 12.66% vs 2019GDP Growth (Annual %)
-9.08%
↓ 9.44pp vs 2019Inflation Rate (CPI %)
0.60%
↓ 0.40pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $23.78 billion | $20.81 billion | -12.48% |
| GDP per Capita | $17,431.03 | $15,224.51 | -12.66% |
| GDP Growth (Annual %) | 0.36% | -9.08% | -9.44pp |
| Inflation (CPI %) | 1.00% | 0.60% | -0.40pp |
| Unemployment Rate (%) | 3.52% | 4.21% | +0.68pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $20.81 billion
- GDP per Capita
- $15,224.51
- GDP Growth (Annual %)
- -9.08%
- Gross National Income
- $19.75 billion
Prices & Employment
- Inflation (CPI %)
- 0.60%
- Inflation (GDP Deflator %)
- -3.79%
- Unemployment Rate (%)
- 4.21%
- Interest Rate (Real %)
- 10.75%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -6.52%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Trinidad and Tobago's Gross Domestic Product (GDP) is $20.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Trinidad and Tobago for 2020 is $15,224.51. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Trinidad and Tobago for 2020 is 0.60%. This measures the annual percentage change in the cost of consumer goods and services.
Trinidad and Tobago's annual GDP growth rate for 2020 is -9.08%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Trinidad and Tobago for 2020 is 4.21%. This represents the percentage of the labor force that is unemployed and actively seeking employment.