National Debt (% of GDP): Trinidad and Tobago
Trinidad and Tobago's national debt (% of gdp) is currently 68.5% as of 2026. # Trinidad and Tobago National Debt (% of GDP) Trinidad and Tobago's national debt reached 68.
Current (2026)
68.5%
+4.9% y/y
Peak (2026)
68.5%
Low (2008)
14.2%
Source
IMF World Economic Outlook
1988–2026 · 43 pts
National Debt (% of GDP) — Trinidad and Tobago
1988 — 2026
National Debt (% of GDP) — Trinidad and Tobago
Analysis# Trinidad and Tobago National Debt (% of GDP)
Trinidad and Tobago's national debt reached 68.5% of GDP in 2026, marking its highest level on record. The country's debt burden has grown substantially since 2008, when it hit an all-time low of 14.2%. Over the full 1988–2030 period, debt has increased 4.9 percentage points, reflecting a marked shift from the early 2000s when oil revenues supported lower fiscal obligations.
The most dramatic shift occurred between 2019 and 2020, when debt jumped from 46% to 60.6% amid pandemic-driven economic contraction. After a brief decline to 53.2% in 2022, the trend reversed sharply, rising nearly 15 percentage points across 2023–2026. Projections suggest debt levels will remain elevated through 2026, reflecting ongoing fiscal pressures and structural economic challenges facing the nation.
Historical Data
43 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 67.9% | -1.45% |
| 2029 | 68.9% | -1.43% |
| 2028 | 69.9% | -0.14% |
| 2027 | 70.0% | +2.19% |
| 2026 | 68.5% | +4.90% |
| 2025 | 65.3% | +1.08% |
| 2024 | 64.6% | +7.31% |
| 2023 | 60.2% | +13.16% |
| 2022 | 53.2% | -12.07% |
| 2021 | 60.5% | -0.17% |
| 2020 | 60.6% | +31.74% |
| 2019 | 46.0% | +10.84% |
| 2018 | 41.5% | +3.49% |
| 2017 | 40.1% | +15.56% |
| 2016 | 34.7% | +31.44% |
| 2015 | 26.4% | +11.86% |
| 2014 | 23.6% | +7.76% |
| 2013 | 21.9% | -0.90% |
| 2012 | 22.1% | -19.05% |
| 2011 | 27.3% | +56.90% |
Show all 43 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 17.4% | -6.95% |
| 2009 | 18.7% | +31.69% |
| 2008 | 14.2% | -15.98% |
| 2007 | 16.9% | -3.43% |
| 2006 | 17.5% | -15.46% |
| 2005 | 20.7% | -17.53% |
| 2004 | 25.1% | -21.07% |
| 2003 | 31.8% | -14.52% |
| 2002 | 37.2% | +0.00% |
| 2001 | 37.2% | -8.37% |
| 2000 | 40.6% | -6.45% |
| 1999 | 43.4% | +0.00% |
| 1998 | 43.4% | -6.67% |
| 1997 | 46.5% | -3.13% |
| 1996 | 48.0% | -6.07% |
| 1995 | 51.1% | -6.75% |
| 1994 | 54.8% | -8.05% |
| 1993 | 59.6% | +20.40% |
| 1992 | 49.5% | -1.00% |
| 1991 | 50.0% | +1.01% |
| 1990 | 49.5% | -4.62% |
| 1989 | 51.9% | -20.52% |
| 1988 | 65.3% | — |
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