Trinidad and Tobago recorded a Current Account surplus of 243.20 USD Million in the fourth quarter of 2019. source: Central Bank of Trinidad and Tobago

Current Account in Trinidad and Tobago averaged 245.08 USD Million from 1955 until 2019, reaching an all time high of 2984 USD Million in the third quarter of 2008 and a record low of -2461.90 USD Million in the second quarter of 1983. This page provides - Trinidad and Tobago Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad and Tobago Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Trinidad and Tobago is expected to be 300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Trinidad and Tobago to stand at 200.00 in 12 months time. In the long-term, the Trinidad and Tobago Current Account is projected to trend around 150.00 USD Million in 2021, according to our econometric models.

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Trinidad and Tobago Current Account

Actual Previous Highest Lowest Dates Unit Frequency
243.20 -27.00 2984.00 -2461.90 1955 - 2019 USD Million Quarterly

Trinidad and Tobago Trade Last Previous Highest Lowest Unit
Balance of Trade 488.20 377.10 3473.90 -396.00 USD Million [+]
Current Account 243.20 -27.00 2984.00 -2461.90 USD Million [+]
Current Account to GDP 6.30 5.80 38.59 -12.14 percent [+]
Imports 1538.30 1589.20 3976.90 415.70 USD Million [+]
Exports 2026.50 1966.30 6226.80 486.10 USD Million [+]
Gold Reserves 1.90 1.90 1.94 1.86 Tonnes [+]
Terrorism Index 0.02 0.12 2.23 0.00 [+]
External Debt 31527.90 30911.10 32022.70 6215.20 TTD Million [+]
Crude Oil Production 56.32 51.22 156.00 51.00 BBL/D/1K [+]

Trinidad and Tobago Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).