Education Spending: Trinidad and Tobago
Trinidad and Tobago's education spending is currently 3.234 % of GDP as of 2023. # Trinidad and Tobago Education Spending Trinidad and Tobago allocated 3.
Current (2023)
3.234 % of GDP
+14.8% y/y
Peak (1984)
5.874 % of GDP
Low (1998)
2.439 % of GDP
Source
World Bank World Development Indicators
1980–2023 · 31 pts
Education Spending — Trinidad and Tobago
1980 — 2023
Education Spending — Trinidad and Tobago
Analysis# Trinidad and Tobago Education Spending
Trinidad and Tobago allocated 3.234% of GDP to education in 2023, marking a significant decline from its peak of 5.874% in 1984. The nation's education spending has contracted 14.2% since 1980, reflecting a long-term downward trajectory. Current spending levels remain above the all-time low of 2.439% recorded in 1998, but substantial variation over the past decade suggests volatility rather than sustained commitment.
The 2014–2020 period showed relative stability, fluctuating between 3.33% and 4.425% of GDP. A sharp contraction occurred in 2021–2022, dropping to 2.818%, before recovering slightly to 3.234% in 2023. This recent recovery remains modest and falls well below historical averages, indicating continued pressure on education investment relative to the nation's economic capacity.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 3.234 % of GDP | +14.76% |
| 2022 | 2.818 % of GDP | -7.42% |
| 2021 | 3.044 % of GDP | -27.87% |
| 2020 | 4.22 % of GDP | +18.74% |
| 2019 | 3.554 % of GDP | +2.39% |
| 2018 | 3.471 % of GDP | +4.27% |
| 2017 | 3.329 % of GDP | -21.00% |
| 2016 | 4.214 % of GDP | -4.77% |
| 2015 | 4.425 % of GDP | +23.26% |
| 2014 | 3.59 % of GDP | -4.34% |
| 2013 | 3.753 % of GDP | +5.01% |
| 2012 | 3.574 % of GDP | -7.19% |
| 2011 | 3.851 % of GDP | -8.57% |
| 2010 | 4.212 % of GDP | +34.27% |
| 2003 | 3.137 % of GDP | -11.46% |
| 2002 | 3.543 % of GDP | +15.60% |
| 2001 | 3.065 % of GDP | +11.21% |
| 2000 | 2.756 % of GDP | +0.00% |
| 1999 | 2.756 % of GDP | +13.00% |
| 1998 | 2.439 % of GDP | -26.65% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 1997 | 3.325 % of GDP | +2.34% |
| 1996 | 3.249 % of GDP | -8.71% |
| 1995 | 3.559 % of GDP | +3.70% |
| 1994 | 3.432 % of GDP | -6.08% |
| 1990 | 3.654 % of GDP | -13.00% |
| 1989 | 4.2 % of GDP | -27.18% |
| 1985 | 5.768 % of GDP | -1.80% |
| 1984 | 5.874 % of GDP | +1.86% |
| 1983 | 5.767 % of GDP | +5.68% |
| 1982 | 5.457 % of GDP | +44.82% |
| 1980 | 3.768 % of GDP | — |
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