Private Sector Credit Statistics in Trinidad and Tobago (2026)
Trinidad and Tobago recorded domestic credit to the private sector of 48.4% of GDP in 2024, World Bank World Development Indicators data show. Up from 45.5% of GDP in 2023 to 48.4% of GDP in 2024 (+2.8 percentage points). Trinidad and Tobago ranks #15 of 31 economies in Latin America & Caribbean on this measure, and #71 of 160 globally.
Key Statistics
- Latest value (2024)
- 48.4% of GDP (2024)
- Private Sector Credit in Trinidad and Tobago as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +2.8 pp (2024)
- Up from 45.5% of GDP in 2023 to 48.4% of GDP in 2024 (+2.8 percentage points).
- Earliest value in this dataset (1990)
- 29.8% of GDP (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 29.8% of GDP in 1990 to 48.4% of GDP in 2024.
- Record high (2024)
- 48.4% of GDP (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Trinidad and Tobago.
- Rank in Latin America & Caribbean
- #15 of 31 (2024)
- Trinidad and Tobago ranks 15 of 31 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #71 of 160 (2024)
- Trinidad and Tobago ranks 71 of 160 countries with data globally.
- Latin America & Caribbean average
- 47.7% of GDP (2024)
- Trinidad and Tobago (48.4% of GDP) is above the average of 47.7% of GDP across the 31 countries in Latin America & Caribbean with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 48.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 54.3% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Trinidad and Tobago (2024)
- 82.2% (2024)
- 82.2% of the population in Trinidad and Tobago used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Trinidad and Tobago had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 48.4% | +2.8 pp |
| 2023 | 45.5% | +8.4 pp |
| 2022 | 37.1% | −3.7 pp |
| 2021 | 40.8% | −5.7 pp |
| 2020 | 46.5% | +5.0 pp |
| 2019 | 41.4% | +2.5 pp |
| 2018 | 38.9% | +1.4 pp |
| 2017 | 37.5% | +0.8 pp |
| 2016 | 36.7% | +4.1 pp |
| 2015 | 32.6% | +4.9 pp |
| 2014 | 27.7% | +1.1 pp |
| 2013 | 26.6% | −0.3 pp |
| 2012 | 27% | −1.2 pp |
| 2011 | 28.1% | −2.7 pp |
| 2010 | 30.8% | −5.1 pp |
| 2009 | 36% | +9.2 pp |
| 2008 | 26.7% | −5.3 pp |
| 2007 | 32.1% | −0.6 pp |
| 2006 | 32.7% | −0.8 pp |
| 2005 | 33.5% | −4.5 pp |
| 2004 | 38% | −1.4 pp |
| 2003 | 39.3% | −7.8 pp |
| 2002 | 47.2% | −0.3 pp |
| 2001 | 47.4% | +15.5 pp |
| 2000 | 31.9% | −2.0 pp |
| 1999 | 33.9% | −1.5 pp |
| 1998 | 35.4% | +2.3 pp |
| 1997 | 33.1% | +4.8 pp |
| 1996 | 28.3% | +0.7 pp |
| 1995 | 27.6% | +1.6 pp |
| 1994 | 26% | −6.0 pp |
| 1993 | 32% | −1.4 pp |
| 1992 | 33.4% | −0.4 pp |
| 1991 | 33.7% | +3.9 pp |
| 1990 | 29.8% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Trinidad and Tobago?
Domestic credit to the private sector in Trinidad and Tobago stood at 48.4% of GDP in 2024, according to World Bank World Development Indicators data.
Where does Trinidad and Tobago rank globally on private sector credit?
Trinidad and Tobago ranks 71 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the private sector credit data for Trinidad and Tobago?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Trinidad and Tobago.
Where does the private sector credit data for Trinidad and Tobago come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Trinidad and Tobago is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .