Real Effective Exchange Rate in Trinidad and Tobago
Trinidad and Tobago: Real Effective Exchange Rate was 126.31 in 2018. ▲ Rising
Real Effective Exchange Rate in Trinidad and Tobago, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for real effective exchange rate in Trinidad and Tobago is 126.31, measured in 2018.
The figure is down 1.3% on the previous year and up 45.6% over ten years.
Over the whole period, real effective exchange rate in Trinidad and Tobago peaked at 132.49 in 2015 and was at its lowest, 72.64, in 2000.
That places Trinidad and Tobago 10th out of 107 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Real Effective Exchange Rate in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 72.64 | — |
| 2001 | 76.76 | +5.7% |
| 2002 | 78.7 | +2.5% |
| 2003 | 77.37 | -1.7% |
| 2004 | 76 | -1.8% |
| 2005 | 77.3 | +1.7% |
| 2006 | 80.44 | +4.1% |
| 2007 | 81.89 | +1.8% |
| 2008 | 86.78 | +6.0% |
| 2009 | 94.83 | +9.3% |
| 2010 | 100 | +5.4% |
| 2011 | 98.71 | -1.3% |
| 2012 | 107.32 | +8.7% |
| 2013 | 111.09 | +3.5% |
| 2014 | 117.53 | +5.8% |
| 2015 | 132.49 | +12.7% |
| 2016 | 131.35 | -0.9% |
| 2017 | 127.97 | -2.6% |
| 2018 | 126.31 | -1.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 126.31 is above the median for high income countries, which is 101.37, 1.2× the median. (50 countries reporting)
- Trinidad and Tobago's 126.31 is above the median for Latin America & Caribbean, which is 104.5, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 80.27 | 72.64 | 94.83 | 10 |
| 2010s | 116.97 | 98.71 | 132.49 | 9 |
Countries ranked near Trinidad and Tobago
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 9 Saudi Arabia 126.41 compare
- 11 Hong Kong 123.86 compare
- 12 Moldova 122.36 compare
- 13 Singapore 121.9 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 real effective exchange rate in Trinidad and Tobago?
- Real effective exchange rate in Trinidad and Tobago was 126.31 in 2018, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Trinidad and Tobago?
- The highest recorded value was 132.49 in 2015.
- What is the lowest real effective exchange rate recorded in Trinidad and Tobago?
- The lowest recorded value was 72.64 in 2000.
- How does Trinidad and Tobago rank for real effective exchange rate?
- Trinidad and Tobago ranks 10th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 45.6%. 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 staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.