HistoryData

Healthcare Spending: Trinidad and Tobago

Trinidad and Tobago's healthcare spending is currently 7.526 % of GDP as of 2023. # Trinidad and Tobago Healthcare Spending Trinidad and Tobago allocated 7.

Current (2023)
7.526 % of GDP
+13.3% y/y
Peak (2023)
7.526 % of GDP
Low (2008)
3.658 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingTrinidad and Tobago

20002023

Healthcare Spending — Trinidad and Tobago
3.658% of GDP4.625% of GDP5.592% of GDP6.559% of GDP7.526% of GDP2000201020202023LowPeak
Analysis# Trinidad and Tobago Healthcare Spending Trinidad and Tobago allocated 7.526% of GDP to healthcare in 2023, matching its all-time peak and representing a dramatic shift from the 3.658% low recorded in 2008. Over the full 2000–2023 period, healthcare spending nearly doubled, climbing 77.7% relative to economic output. This sustained increase reflects growing investment in the nation's health infrastructure and services across two decades. The most significant acceleration occurred between 2014 and 2020, when spending jumped from 4.874% to 7.477% of GDP—a 53% surge in just six years. A notable dip in 2022 to 6.644% marked a brief pullback, but 2023 rebounded sharply to the peak level. The steep recent trajectory suggests Trinidad and Tobago has prioritized healthcare expansion, with spending levels now substantially higher than historical baselines.

Historical Data

24 Rows
YearValueChange %
20237.526 % of GDP+13.28%
20226.644 % of GDP-7.79%
20217.205 % of GDP-3.64%
20207.477 % of GDP+8.25%
20196.907 % of GDP+3.85%
20186.651 % of GDP+1.29%
20176.566 % of GDP+1.41%
20166.475 % of GDP+14.54%
20155.653 % of GDP+15.98%
20144.874 % of GDP+1.50%
20134.802 % of GDP+3.74%
20124.629 % of GDP-1.97%
20114.722 % of GDP-7.05%
20105.08 % of GDP-7.42%
20095.487 % of GDP+50.00%
20083.658 % of GDP-11.94%
20074.154 % of GDP+0.00%
20064.154 % of GDP-6.34%
20054.435 % of GDP+2.95%
20044.308 % of GDP+2.87%
Show all 24 rows
YearValueChange %
20034.188 % of GDP-11.33%
20024.723 % of GDP+17.05%
20014.035 % of GDP-4.72%
20004.235 % of GDP

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