Military spending in Trinidad and Tobago

Trinidad and Tobago: Military spending was 323.77 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
323.77 million constant 2022 US$
Change on year
up 3.0%
World rank
125th
of 172 countries
All-time high
665.61 million constant 2022 US$
in 2017
All-time low
15.98 million constant 2022 US$
in 1963
Years of data
62
1962–2023

Military spending in Trinidad and Tobago, 1962–2023

0200.0M400.0M600.0M196219922023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Trinidad and Tobago recorded 323.77 million constant 2022 US$ for military spending in 2023.

The figure is up 3.0% on the previous year and down 20.5% over ten years.

Over the whole period, military spending in Trinidad and Tobago peaked at 665.61 million constant 2022 US$ in 2017 and was at its lowest, 15.98 million constant 2022 US$, in 1963.

That places Trinidad and Tobago 125th out of 172 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 19.90 million constant 2022 US$ 15.98 million constant 2022 US$ 29.08 million constant 2022 US$ 8
1970s 40.80 million constant 2022 US$ 24.35 million constant 2022 US$ 97.78 million constant 2022 US$ 10
1980s 171.43 million constant 2022 US$ 93.56 million constant 2022 US$ 234.46 million constant 2022 US$ 10
1990s 85.35 million constant 2022 US$ 68.85 million constant 2022 US$ 100.05 million constant 2022 US$ 10
2000s 95.74 million constant 2022 US$ 49.94 million constant 2022 US$ 166.89 million constant 2022 US$ 10
2010s 467.22 million constant 2022 US$ 201.20 million constant 2022 US$ 665.61 million constant 2022 US$ 10
2020s 360.17 million constant 2022 US$ 314.46 million constant 2022 US$ 467.39 million constant 2022 US$ 4

Countries ranked near Trinidad and Tobago

  1. 122 Albania 356.40 million constant 2022 US$ compare
  2. 123 Gabon 342.88 million constant 2022 US$ compare
  3. 124 Niger 341.19 million constant 2022 US$ compare
  4. 126 Ghana 318.88 million constant 2022 US$ compare
  5. 127 Togo 314.46 million constant 2022 US$ compare
  6. 128 Lebanon 307.11 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is military spending in Trinidad and Tobago?
Military spending in Trinidad and Tobago was 323.77 million constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Trinidad and Tobago?
The highest recorded value was 665.61 million constant 2022 US$ in 2017.
What is the lowest military spending recorded in Trinidad and Tobago?
The lowest recorded value was 15.98 million constant 2022 US$ in 1963.
How does Trinidad and Tobago rank for military spending?
Trinidad and Tobago ranks 125th out of 172 countries with data for 2023.
Is military spending rising or falling in Trinidad and Tobago?
Over the last ten years it is down 20.5%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.