Trinidad and Tobago: Current account, in dollars

* indicates monthly or quarterly data series
 Trinidad and Tobago

Current account balance, billion USD

 Latest value 5.38
 Year 2022
 Measure billion U.S. dollars
 Data availability 1975 - 2022
 Average 1.32
 Min - Max -1.36 - 8.50
 Source The World Bank
The latest value from 2022 is 5.38 billion U.S. dollars, an increase from 2.7 billion U.S. dollars in 2021. In comparison, the world average is 2.00 billion U.S. dollars, based on data from 162 countries. Historically, the average for Trinidad and Tobago from 1975 to 2022 is 1.32 billion U.S. dollars. The minimum value, -1.36 billion U.S. dollars, was reached in 2020 while the maximum of 8.5 billion U.S. dollars was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Trinidad and Tobago - Current account, in dollars - Recent values chart

Historical series
Trinidad and Tobago - Current account, in dollars - historical chart - 1975-2022




Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 115.28 2021 percent
 Financial openness 1.357 2021 index points
 Foreign Direct Investment, percent of GDP -5.53 2023 percent
 Foreign Direct Investment, billion dollars -0.91 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP 11.30 2023 percent
 Current account, in dollars 5.38 2022 billion U.S. dollars
 Trade balance, in dollars 6.89 2022 billion U.S. dollars
 Reserves 6.26 2023 billion U.S. dollars
 Remittances, percent of GDP 0.63 2023 percent
 Remittances 177.19 2023 million U.S. dollars
 Net errors and omissions -2,395.19 2022 million USD
 Foreign exchange reserves 6.40 8/2024 billion
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