Trinidad and Tobago: Business credit
* indicates monthly or quarterly data series
The most recent value is 21.9 billion Trinidad and Tobago Dollar as of June 2024, an increase compared to the previous value of 21.82 billion Trinidad and Tobago Dollar. Historically, the average for Trinidad and Tobago from March 1995 to June 2024 is 13.1 billion Trinidad and Tobago Dollar. The minimum of 3.12 billion Trinidad and Tobago Dollar was recorded in March 1995, while the maximum of 21.9 billion Trinidad and Tobago Dollar was reached in June 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 Jun | 21.9 |
| 2024 May | 21.82 |
| 2024 Apr | 21.54 |
| 2024 Mar | 21.46 |
| 2024 Feb | 21.38 |
| 2024 Jan | 21.4 |
| 2023 Dec | 21.36 |
| 2023 Nov | 20.44 |
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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 | 2021 | index points |
| USD exchange rate | 6.7880 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 102.67 | 5/2024 | billion |
| Consumer Price Index (CPI) | 123.7000 | 6/2024 | index points |
| Inflation, monthly | 0.08 | 6/2024 | percent |
| Inflation, annual | 0.65 | 6/2024 | percent |
| Private sector credit | 73.96 | 6/2024 | billion |
| Business credit | 21.90 | 6/2024 | billion |
| Household credit | 52.06 | 6/2024 | billion |
| Mortgage credit | 19.28 | 6/2024 | billion |
| Consumer credit | 22.05 | 6/2024 | billion |
| Deposit interest rate | 0.50 | Q1/2024 | percent |
| Mortgage credit interest rate | 7.25 | Q1/2024 | percent |