Unemployment Rate in Trinidad and Tobago increased to 4.40 percent in the second quarter of 2019 from 4 percent in the first quarter of 2019. source: Central Bank of Trinidad and Tobago
Unemployment Rate in Trinidad and Tobago averaged 9.67 percent from 1991 until 2019, reaching an all time high of 21.10 percent in the first quarter of 1993 and a record low of 3.10 percent in the first quarter of 2014. This page provides the latest reported value for - Trinidad and Tobago Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Trinidad and Tobago Unemployment Rate - values, historical data and charts - was last updated on July of 2021.
Unemployment Rate in Trinidad and Tobago is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Trinidad and Tobago to stand at 5.10 in 12 months time. In the long-term, the Trinidad and Tobago Unemployment Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.