Fiscal Balance in Trinidad and Tobago

Trinidad & Tobago Fiscal Balance | Economic News & Forecasts

Trinidad and Tobago - Fiscal Balance

The economy likely performed well in the first quarter. The Angelin project, which came online in late-February, will have supported LNG output growth, boding well for the energy and external sectors. Moreover, domestic cement sales bounced back in Q1 after contracting in Q4 2018; this suggests stronger construction activity, and was likely reinforced by government measures to support the housing sector. This followed a rebound in the economy for 2018 as a whole. The energy sector accelerated last year on the back of increased natural gas production from the Juniper project; however, the non-energy sector was flat, held back by tepid domestic demand and weakness in the manufacturing and construction sectors.

Trinidad & Tobago - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.9  -2.6  -1.7  -5.3  -8.5  

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Trinidad & Tobago Facts

ValueChangeDate
Exchange Rate6.770.39 %May 13

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