Fiscal Balance in Trinidad and Tobago

Trinidad & Tobago Fiscal Balance | Economic News & Forecasts

Trinidad and Tobago - Fiscal Balance

Higher capacity in the energy sector contributed to what was likely solid growth in the first quarter of the year. Stronger average natural gas, LNG and petrochemical production in Q1 should have boosted growth in the oil economy, despite a sustained decline in crude oil output. Looking at the non-oil economy, the recovery appears sluggish. Private sector credit growth slowed in March on falling business loans, although consumer and mortgage lending gained steam; however, lower motor vehicle sales in January–April points to softer private consumption. More positively however, government infrastructure projects should have lifted construction activity, as evidenced by a pick-up in cement sales in Q1.

Trinidad & Tobago - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-     -     -     -     -     

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Trinidad & Tobago Facts

ValueChangeDate
Exchange Rate6.780.39 %Jul 11

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