Trinidad and Tobago: Business credit
* indicates monthly or quarterly data series
The most recent value is 23.47 billion Trinidad and Tobago Dollar as of December 2024, an increase compared to the previous value of 23.28 billion Trinidad and Tobago Dollar. Historically, the average for Trinidad and Tobago from March 1995 to December 2024 is 13.26 billion Trinidad and Tobago Dollar. The minimum of 3.12 billion Trinidad and Tobago Dollar was recorded in March 1995, while the maximum of 23.47 billion Trinidad and Tobago Dollar was reached in December 2024.
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* indicates monthly or quarterly data series
- Measure: billion Trinidad and Tobago Dollar
- Source: Central Bank of Trinidad and Tobago
| Recent values | Trinidad and Tobago: Business credit, billion currency units |
|---|---|
| 2024 Dec | 23.47 |
| 2024 Nov | 23.28 |
| 2024 Oct | 23.09 |
| 2024 Sep | 22.97 |
| 2024 Aug | 22.68 |
| 2024 Jul | 22.74 |
| 2024 Jun | 21.9 |
| 2024 May | 21.82 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 4.6 | 2023 | percent |
| Exchange rate regimes | 6 | 2022 | index points |
| USD exchange rate | 6.7822 | 4/2025 | Local Currency Units per USD |
| Money supply (broad money) | 93.79 | 11/2024 | billion |
| Consumer Price Index (CPI) | 124.7000 | 12/2024 | index points |
| Inflation, monthly | 0.08 | 12/2024 | percent |
| Inflation, annual | 0.48 | 12/2024 | percent |
| Private sector credit | 78.51 | 12/2024 | billion |
| Business credit | 23.47 | 12/2024 | billion |
| Household credit | 55.04 | 12/2024 | billion |
| Mortgage credit | 20.14 | 12/2024 | billion |
| Consumer credit | 23.83 | 12/2024 | billion |
| Deposit interest rate | 0.50 | Q1/2024 | percent |
| Mortgage credit interest rate | 7.25 | Q1/2024 | percent |