GDP in Trinidad and Tobago

Trinidad & Tobago GDP | Economic News & Forecasts

Trinidad and Tobago - GDP

Although hard data is limited, the economy likely fared well in the first quarter. The energy sector should have underpinned growth as evidenced by a solid pick-up in liquid natural gas production, supported by the Angelin project coming onstream in February. Meanwhile, government investment in infrastructure and housing developments should have helped to revive activity in the non-oil sector. On the fiscal front, the 2019 mid-year budget review in May revealed the fiscal performance so far this year was better than expected; however, the Ministry of Finance now expects the downturn in oil prices to cause the fiscal deficit to widen more than projected.

Trinidad & Tobago - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)2.7  -0.6  -0.6  -2.3  -     

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Trinidad & Tobago Facts

Exchange Rate6.770.39 %Jun 20

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