Trinidad and Tobago: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 6.17 billion U.S. Dollar as of May 2024, an increase compared to the previous value of 6.13 billion U.S. Dollar. Historically, the average for Trinidad and Tobago from January 1960 to May 2024 is 3.21 billion U.S. Dollar. The minimum of 0 billion U.S. Dollar was recorded in January 1960, while the maximum of 12.29 billion U.S. Dollar was reached in December 2014.
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* indicates monthly or quarterly data series
- Measure: billion U.S. Dollar
- Source: Central Bank of Trinidad and Tobago
| Recent values | Trinidad and Tobago: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 May | 6.17 |
| 2024 Apr | 6.13 |
| 2024 Mar | 6.25 |
| 2024 Feb | 6.34 |
| 2024 Jan | 6.58 |
| 2023 Dec | 6.95 |
| 2023 Nov | 6.96 |
| 2023 Oct | 7.01 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| 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 | -3.04 | 2022 | 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 | 6.17 | 5/2024 | billion |