Trinidad and Tobago: Short-term government debt
* indicates monthly or quarterly data series
| Trinidad and Tobago |
Short-term government debt, percent of total |
|---|---|
| Latest value | 5.16 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2011 - 2024 |
| Average | 2.96 |
| Min - Max | 0.39 - 10.79 |
| Source | The World Bank |
The latest value from 2024 is 5.16 percent, an increase from 3.06 percent in 2023. In comparison, the world average is 8.06 percent, based on data from 131 countries. Historically, the average for Trinidad and Tobago from 2011 to 2024 is 2.96 percent. The minimum value, 0.39 percent, was reached in 2012 while the maximum of 10.79 percent was recorded in 2017.
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Definition: General government debt with maturity of twelve months or less as percent of total government debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -5.27 | 2024 | percent |
| Primary budget balance | -1.45 | 2024 | percent |
| Tax revenue | 16.76 | 2019 | percent |
| Commercial tax rate | 40.50 | 2019 | percent |
| Tax preparation time | 210 | 2019 | hours |
| Taxes on goods and services | 20.85 | 2019 | percent |
| Taxes on international trade | 5.98 | 2019 | percent |
| Income and profits taxes | 26.09 | 2019 | percent |
| Foreign aid | 4.34 | 2010 | million U.S. dollars |
| Government debt | 64.58 | 2024 | percent |
| Short-term government debt | 5.16 | 2024 | percent |