International Reserves in Trinidad and Tobago

Trinidad & Tobago International Reserves | Economic News & Forecasts

Trinidad and Tobago - International Reserves

The economy is seen languishing in a deep recession this year, amid low energy prices and disruptions created by the Covid-19 pandemic. Data for the first quarter revealed falling production of both crude oil and natural gas, while new motor vehicle sales plunged over 20% suggesting depressed household spending. Moreover, recently released data revealed that the economy flatlined in 2019. Contracting activity in the energy sector in the first half of the year weighed on the economy’s performance. In the political arena, on 3 July, Prime Minister Keith Rowley announced that the country will go to the polls for a general election on 10 August. Meanwhile, the World Bank approved USD 20 million in financing to help strength Trinidad and Tobago’s healthcare sector and the fight against Covid-19.

Trinidad & Tobago - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)10.0  9.5  8.5  8.1  7.0  

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Trinidad & Tobago Facts

Value Change Date
Exchange Rate6.760.39 %Jan 01

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