Trinidad and Tobago: Domestic credit to private sector by banks (% of GDP)

Key figures

What the numbers say

In 2025, Trinidad and Tobago's domestic credit to private sector by banks (% of GDP) rose 1.99 percentage points on 2024 (from 48.31% to 50.29%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.74 percentage points and a typical year strayed about 4.89 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 15.53 percentage points in 2001 and the biggest yearly fall was 7.8 percentage points in 2003. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 1.3 percentage points a year. A straight line explains 62% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Trinidad and Tobago had the 43rd highest value of the 110 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Trinidad and Tobago in the 2025 ranking

• Bolivia — 39th of 110: 51.75%
• St. Lucia — 40th of 110: 51.74%
• Montenegro — 41st of 110: 50.94%
• Costa Rica — 43rd of 110: 50.04%
• Mongolia — 44th of 110: 48.52%
• Bosnia and Herzegovina — 45th of 110: 46.14%

What this measures

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 66 values

Domestic credit to private sector by banks (% of GDP) in nearby economies

• Antigua and Barbuda — 37.42% (2025)
• Argentina — 15.83% (2025)
• Aruba — 58.05% (2023)
• Bahamas, The — 40.42% (2024)
• Barbados — 59.62% (2023)
• Belize — 42.86% (2025)
• Bolivia — 51.75% (2025)
• Brazil — 75.1% (2025)
• Chile — 70.1% (2025)
• Colombia

More financial sector data for Trinidad and Tobago

• Net domestic credit (current LCU) — 121.62 billion (2025)
• Net foreign assets (current LCU) — 55.7 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 50.36% (2025)
• Broad money (current LCU) — 130.12 billion (2025)
• Broad money (% of GDP) — 74.32% (2025)
• Broad money to total reserves ratio — 3.59 (2025)
• Consumer price index (2010 = 100) — 165.25 (2025)
• Inflation, consumer prices (annual % growth) — 0.99% (2025)
• Claims on central government, etc. (% of GDP) — 12.34% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Trinidad and Tobago's domestic credit to private sector by banks (% of GDP)?

50.29% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 41.82 percentage points from 8.47% in 1960. The highest value was 50.29% in 2025 and the lowest 7.93% in 1961.

How does Trinidad and Tobago rank?

43rd highest of 110 economies with data for 2025.

Is the latest change in domestic credit to private sector by banks (% of GDP) unusual for Trinidad and Tobago?

In 2025, Trinidad and Tobago's domestic credit to private sector by banks (% of GDP) rose 1.99 percentage points on 2024 (from 48.31% to 50.29%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.74 percentage points and a typical year strayed about 4.89 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FD.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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