Unemployment rates: modeled vs. national estimates in Trinidad and Tobago

Trinidad and Tobago: Unemployment rates: modeled vs. national estimates was 4.0% in 2024. ◆ Volatile

Latest (2024)
4.0%
Change on year
up 19.2%
World rank
123rd
of 185 countries
All-time high
22.3%
in 1987
All-time low
2.4%
in 2015
Years of data
49
1969–2024

Unemployment rates: modeled vs. national estimates in Trinidad and Tobago, 1969–2024

05101520196919962024

Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

Trinidad and Tobago recorded 4.0% for unemployment rates: modeled vs. national estimates in 2024.

The figure is up 19.2% on the previous year and up 61.7% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Trinidad and Tobago peaked at 22.3% in 1987 and was at its lowest, 2.4%, in 2015.

Trinidad and Tobago ranks 123rd of 185 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Unemployment rates: modeled vs. national estimates in Trinidad and Tobago, year by year

Annual values for Unemployment rates: modeled vs. national estimates in Trinidad and Tobago, 1969 to 2024.
Year % Change
1969 13.2%
1970 12.8% -3.1%
1971 9.7% -23.8%
1973 15.4% +58.4%
1974 15.2% -1.0%
1975 15.0% -1.6%
1977 13.4% -10.3%
1978 12.0% -10.5%
1979 11.9% -1.3%
1980 9.9% -17.0%
1981 10.5% +6.8%
1982 9.9% -5.8%
1983 11.1% +12.3%
1984 13.3% +19.7%
1985 15.7% +17.6%
1986 17.2% +9.9%
1987 22.3% +29.3%
1988 22.0% -1.1%
1989 22.0% +0.1%
1990 20.0% -9.2%
1991 18.5% -7.5%
1992 19.6% +6.1%
1993 19.8% +0.9%
1994 18.4% -7.0%
1995 17.2% -6.5%
1996 16.3% -5.6%
1997 15.0% -7.6%
1998 14.2% -5.3%
1999 13.1% -7.7%
2000 12.1% -7.8%
2002 10.4% -14.1%
2005 8.0% -23.5%
2006 6.3% -21.2%
2007 5.5% -11.6%
2008 4.6% -16.5%
2009 5.3% +14.1%
2010 4.0% -23.6%
2011 3.4% -15.1%
2012 3.7% +8.6%
2013 2.7% -27.8%
2014 2.5% -7.7%
2015 2.4% -2.0%
2016 3.2% +32.1%
2019 3.5% +9.9%
2020 4.2% +19.4%
2021 4.4% +5.7%
2022 4.4% -1.4%
2023 3.4% -23.3%
2024 4.0% +19.2%

Trinidad and Tobago compared with similar countries

  • Trinidad and Tobago's 4.0% is below the median for high income countries, which is 4.9%, 82% of the median. (77 countries reporting)
  • Trinidad and Tobago's 4.0% is below the median for Latin America & Caribbean, which is 6.3%, 63% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.2% 13.2% 13.2% 1
1970s 13.2% 9.7% 15.4% 8
1980s 15.4% 9.9% 22.3% 10
1990s 17.2% 13.1% 20.0% 10
2000s 7.5% 4.6% 12.1% 7
2010s 3.2% 2.4% 4.0% 8
2020s 4.1% 3.4% 4.4% 5

Countries ranked near Trinidad and Tobago

  1. 120 Cayman Islands 4.2% compare
  2. 121 Australia 4.2% compare
  3. 122 Faroe Islands 4.0% compare
  4. 124 Ghana 4.0% compare
  5. 125 Ethiopia 3.9% compare
  6. 126 Malaysia 3.9% compare
  7. 126 Netherlands 3.9% compare
  8. 126 Slovenia 3.9% compare

See the full ranking of 185 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Trinidad and Tobago?
Unemployment rates: modeled vs. national estimates in Trinidad and Tobago was 4.0% in 2024, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rates: modeled vs. national estimates recorded in Trinidad and Tobago?
The highest recorded value was 22.3% in 1987.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Trinidad and Tobago?
The lowest recorded value was 2.4% in 2015.
How does Trinidad and Tobago rank for unemployment rates: modeled vs. national estimates?
Trinidad and Tobago ranks 123rd out of 185 countries with data for 2024.
Is unemployment rates: modeled vs. national estimates rising or falling in Trinidad and Tobago?
Over the last ten years it is up 61.7%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago data come from?
The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.

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Unemployment rates: modeled vs. national estimates in Trinidad and Tobago. Statizoid, drawing on Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data/trinidad-and-tobago/

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About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.