Current Account in Trinidad and Tobago

Trinidad & Tobago Current Account | Economic News & Forecasts

Trinidad and Tobago - Current Account

Economic activity declined year-on-year in Q3 on a contraction across most economic sectors, with the petroleum, petrochemicals and construction sectors leading the pack. Latest data, however, suggests the economy likely performed better in Q4 on a pick-up in LNG production. Moreover, methanol and ammonia production posted weaker declines in Q4, while the non-energy sector likely rebounded as suggested by a bounce back in cement production, a leading indicator for the construction sector. Moving to Q1, the Angelin project, BPTT’s latest gas facility located off the coast of Trinidad and Tobago, came onstream in late-February. With a production capacity of 600 million standard cubic feet per day, the operation will support the energy sector and investment.

Trinidad & Tobago - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)20.3  14.7  4.6  -11.7  -     

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Trinidad & Tobago Facts

ValueChangeDate
Exchange Rate6.780.39 %Mar 11

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