Macro Index Overview / Latin America & Caribbean / TTO
Trinidad and Tobago ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: TTO TT

Trinidad and Tobago

Trinidad and Tobago sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Latin America & Caribbean High income Blocs: Other Port-of-Spain

Global Rank (2023)

#27 / 205

Top 13% of global economies

Composite Score (2023)

76.9 / 100

Living Standard (2023)

$15,923

Subscore: 68.43 / 100

CPI Inflation (2023)

4.63%

Stability Score: 91.85 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 68.43

Raw: $15,923 (2015 USD)

Price Stability (25%) 91.85

Raw: 4.63% (Anchor: 3.0%)

External Solvency (25%) 88.5

Raw: 11.55% of GDP

Economic Scale (15%) 52.47

Raw: $25.0B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Trinidad and Tobago's global competitive ranking by accentuating its comparative strengths.

Peak Rank #11 / 205
Default Rank #27
+16 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 60%
Baseline: 25%
External Solvency 40%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Trinidad and Tobago benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Trinidad and Tobago's composite score climbs to 90.5 (compared to 76.9 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Trinidad and Tobago's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Trinidad and Tobago (TTO)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #27 / 205 โ€ข Composite Score: 76.9 / 100 โ€ข Living Standard: $15,923 โ€ข Inflation: 4.63%
#1#50#100#150#20019601970198019902000201020202025#27
Hover or click any node along the curve to inspect that historical year in real time
Primary: Trinidad and Tobago Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
Trinidad and Tobago (TTO) Active#2776.9$15,9234.63%11.55%$25.0B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Trinidad and Tobago

Metric:
Selected Era: 2023 ยท Click any node to select
100755025059.819701970s51.219801980s59.919901990s70.520002000s72.920102010s60.620202020s76.92023Recent