Foreign assets in Trinidad and Tobago
Trinidad and Tobago: Foreign assets was 24.29 billion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
24.29 billion real chained 2019 US$
Change on year
down 4.6%
World rank
83rd
of 150 countries
All-time high
37.43 billion real chained 2019 US$
in 2008
All-time low
5.22 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign assets in Trinidad and Tobago, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, foreign assets in Trinidad and Tobago stood at 24.29 billion real chained 2019 US$.
That represents a change of down 4.6% on the previous year and down 26.3% over ten years.
Over the whole period, foreign assets in Trinidad and Tobago peaked at 37.43 billion real chained 2019 US$ in 2008 and was at its lowest, 5.22 billion real chained 2019 US$, in 1995.
That places Trinidad and Tobago 83rd out of 150 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Foreign assets in Trinidad and Tobago, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 5.22 billion real chained 2019 US$ | — |
| 1996 | 5.65 billion real chained 2019 US$ | +8.2% |
| 1997 | 5.81 billion real chained 2019 US$ | +2.8% |
| 1998 | 5.73 billion real chained 2019 US$ | -1.4% |
| 1999 | 6.88 billion real chained 2019 US$ | +20.0% |
| 2000 | 7.98 billion real chained 2019 US$ | +16.1% |
| 2001 | 10.82 billion real chained 2019 US$ | +35.6% |
| 2002 | 12.59 billion real chained 2019 US$ | +16.3% |
| 2003 | 15.75 billion real chained 2019 US$ | +25.2% |
| 2004 | 19.41 billion real chained 2019 US$ | +23.2% |
| 2005 | 24.77 billion real chained 2019 US$ | +27.6% |
| 2006 | 30.59 billion real chained 2019 US$ | +23.5% |
| 2007 | 29.69 billion real chained 2019 US$ | -2.9% |
| 2008 | 37.43 billion real chained 2019 US$ | +26.1% |
| 2009 | 34.99 billion real chained 2019 US$ | -6.5% |
| 2010 | 32.95 billion real chained 2019 US$ | -5.8% |
| 2011 | 33.42 billion real chained 2019 US$ | +1.4% |
| 2012 | 30.72 billion real chained 2019 US$ | -8.1% |
| 2013 | 30.52 billion real chained 2019 US$ | -0.7% |
| 2014 | 31.11 billion real chained 2019 US$ | +1.9% |
| 2015 | 28.40 billion real chained 2019 US$ | -8.7% |
| 2016 | 27.07 billion real chained 2019 US$ | -4.7% |
| 2017 | 26.31 billion real chained 2019 US$ | -2.8% |
| 2018 | 24.57 billion real chained 2019 US$ | -6.6% |
| 2019 | 25.46 billion real chained 2019 US$ | +3.6% |
| 2020 | 24.29 billion real chained 2019 US$ | -4.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 24.29 billion real chained 2019 US$ is below the median for high income countries, which is 757.71 billion real chained 2019 US$, 3% of the median. (51 countries reporting)
- Trinidad and Tobago's 24.29 billion real chained 2019 US$ is below the median for Latin America & Caribbean, which is 25.11 billion real chained 2019 US$, 97% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.86 billion real chained 2019 US$ | 5.22 billion real chained 2019 US$ | 6.88 billion real chained 2019 US$ | 5 |
| 2000s | 22.40 billion real chained 2019 US$ | 7.98 billion real chained 2019 US$ | 37.43 billion real chained 2019 US$ | 10 |
| 2010s | 29.05 billion real chained 2019 US$ | 24.57 billion real chained 2019 US$ | 33.42 billion real chained 2019 US$ | 10 |
| 2020s | 24.29 billion real chained 2019 US$ | 24.29 billion real chained 2019 US$ | 24.29 billion real chained 2019 US$ | 1 |
Countries ranked near Trinidad and Tobago
- 80 Dominican Republic 25.94 billion real chained 2019 US$ compare
- 81 Jordan 24.75 billion real chained 2019 US$ compare
- 82 Pakistan 24.63 billion real chained 2019 US$ compare
- 84 Kenya 23.67 billion real chained 2019 US$ compare
- 85 Belarus 19.73 billion real chained 2019 US$ compare
- 86 Cote d'Ivoire 18.14 billion real chained 2019 US$ compare
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is foreign assets in Trinidad and Tobago?
- Foreign assets in Trinidad and Tobago was 24.29 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets recorded in Trinidad and Tobago?
- The highest recorded value was 37.43 billion real chained 2019 US$ in 2008.
- What is the lowest foreign assets recorded in Trinidad and Tobago?
- The lowest recorded value was 5.22 billion real chained 2019 US$ in 1995.
- How does Trinidad and Tobago rank for foreign assets?
- Trinidad and Tobago ranks 83rd out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.