Money in Trinidad and Tobago

Trinidad & Tobago Money | Economic News & Forecasts

Trinidad and Tobago - Money

The economy likely performed well in the second quarter, supported by higher energy prices and greater natural gas production thanks to the Juniper project. This fed through to an increase in government revenues which helped the fiscal deficit narrow markedly in year-on-year terms. In Q3, elevated crude prices should have continued to buttress economic activity, although the non-oil sector likely remained sluggish. On 1 October, the government presented its budget for the 2019 fiscal year. It estimates double-digit revenue growth, a more modest increase in spending, and a marked narrowing of the fiscal deficit, to be financed mainly by domestic capital markets.

Trinidad & Tobago - Money Data

2013  2014  2015  2016  2017  
Money (annual variation in %)8.8  13.1  -1.4  3.2  -2.1  

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Trinidad & Tobago Facts

Exchange Rate6.740.39 %Oct 12

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