Trinidad and Tobago: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 4.1 percent as of Q4 2023, an increase compared to the previous value of 3.2 percent. Historically, the average for Trinidad and Tobago from Q2 2011 to Q4 2023 is 4.39 percent. The minimum of 3.1 percent was recorded in Q1 2014, while the maximum of 7.2 percent was reached in Q4 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central bank of Trinidad & Tobago
| Recent values | Trinidad and Tobago: Unemployment rate, percent |
|---|---|
| 2023 Q4 | 4.1 |
| 2023 Q3 | 3.2 |
| 2023 Q2 | 3.7 |
| 2023 Q1 | 4.9 |
| 2022 Q4 | 4.7 |
| 2022 Q3 | 5.4 |
| 2022 Q2 | 4.5 |
| 2022 Q1 | 5.1 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 0.68 | 2023 | million people |
| Unemployment rate | 4.21 | 2023 | percent |
| Female unemployment | 4.81 | 2023 | percent |
| Male unemployment | 3.75 | 2023 | percent |
| Youth unemployment | 10.12 | 2023 | percent |
| Labor force participation | 54.63 | 2023 | percent |
| Labor force: percent female | 42.90 | 2023 | percent |
| Female labor force participation | 45.87 | 2023 | percent |
| Male labor force participation | 63.79 | 2023 | percent |
| Self-employment | 24.52 | 2022 | percent |
| Employment | 0.58 | Q4/2023 | million employed people |
| Unemployment rate | 4.10 | Q4/2023 | percent |