The ratio of national debt to gross domestic product (GDP) in Trinidad and Tobago was forecast to increase between 2024 and 2029 by in total 9.5 percentage points. This overall increase does not happen continuously, notably not in 2029. The ratio is estimated to amount to 68.48 percent in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Trinidad and Tobago: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/
IMF. "Trinidad and Tobago: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Trinidad and Tobago: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/
IMF. "Trinidad and Tobago: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/
IMF, Trinidad and Tobago: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/ (last visited December 04, 2024)
Trinidad and Tobago: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/728930/national-debt-of-trinidad-and-tobago-in-relation-to-gross-domestic-product-gdp/