Financial soundness indicators in Trinidad and Tobago

Trinidad and Tobago: Financial soundness indicators was 2.5% in 2023. β–Ό Falling

Latest (2023)
2.5%
Change on year
up 2.8%
World rank
48th
of 146 countries
All-time high
7.0%
in 2007
All-time low
1.5%
in 2020
Years of data
18
2006–2023

Financial soundness indicators in Trinidad and Tobago, 2006–2023

24682006201420232006: 7 %2007: 7 %2008: 3.6 %2009: 2.8 %2010: 2.4 %2011: 2.5 %2012: 2.6 %2013: 2.2 %2014: 1.9 %2015: 2.6 %2016: 2.7 %2017: 2.5 %2018: 2.7 %2019: 3.2 %2020: 1.5 %2021: 2 %2022: 2.5 %2023: 2.5 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

Trinidad and Tobago recorded 2.5% for financial soundness indicators in 2023.

Compared with earlier readings it is up 2.8% on the previous year and up 16.1% over ten years.

Over the whole period, financial soundness indicators in Trinidad and Tobago peaked at 7.0% in 2007 and was at its lowest, 1.5%, in 2020.

Trinidad and Tobago ranks 48th of 146 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.1% 2.8% 7.0% 4
2010s 2.5% 1.9% 3.2% 10
2020s 2.1% 1.5% 2.5% 4

Countries ranked near Trinidad and Tobago

  1. 45 Indonesia 2.7% compare
  2. 46 Montenegro 2.6% compare
  3. 47 Uzbekistan 2.5% compare
  4. 49 Mauritius 2.5% compare
  5. 50 Belize 2.5% compare
  6. 51 Burundi 2.5% compare

See the full ranking of 146 places β†’

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago β†’

Frequently asked questions

What is financial soundness indicators in Trinidad and Tobago?
Financial soundness indicators in Trinidad and Tobago was 2.5% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Trinidad and Tobago?
The highest recorded value was 7.0% in 2007.
What is the lowest financial soundness indicators recorded in Trinidad and Tobago?
The lowest recorded value was 1.5% in 2020.
How does Trinidad and Tobago rank for financial soundness indicators?
Trinidad and Tobago ranks 48th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Trinidad and Tobago?
Over the last ten years it is up 16.1%. The long-run trend across the full record is falling.
Where does this Trinidad and Tobago data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

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About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)