Annual inflation, consumer prices in Trinidad and Tobago
Trinidad and Tobago: Annual inflation, consumer prices was 0.5% in 2024. ◆ Volatile
Annual inflation, consumer prices in Trinidad and Tobago, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual inflation, consumer prices in Trinidad and Tobago stood at 0.5%. That is the lowest value across all 25 years on record.
That represents a change of down 88.6% on the previous year and down 90.7% over ten years.
Over the whole period, annual inflation, consumer prices in Trinidad and Tobago peaked at 12.0% in 2008 and was at its lowest, 0.5%, in 2024.
That places Trinidad and Tobago 161st out of 173 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.6% | — |
| 2001 | 5.5% | +55.7% |
| 2002 | 4.2% | -25.0% |
| 2003 | 3.8% | -8.2% |
| 2004 | 3.7% | -2.3% |
| 2005 | 6.9% | +84.7% |
| 2006 | 8.3% | +21.2% |
| 2007 | 7.9% | -5.2% |
| 2008 | 12.0% | +52.4% |
| 2009 | 7.0% | -42.0% |
| 2010 | 10.5% | +51.2% |
| 2011 | 5.1% | -51.6% |
| 2012 | 9.3% | +81.3% |
| 2013 | 5.2% | -43.8% |
| 2014 | 5.7% | +9.3% |
| 2015 | 4.7% | -18.0% |
| 2016 | 3.1% | -34.1% |
| 2017 | 1.9% | -38.8% |
| 2018 | 1.0% | -45.8% |
| 2019 | 1.0% | -1.8% |
| 2020 | 0.6% | -40.1% |
| 2021 | 2.1% | +243.8% |
| 2022 | 5.8% | +183.0% |
| 2023 | 4.6% | -20.6% |
| 2024 | 0.5% | -88.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 3.6% | 12.0% | 10 |
| 2010s | 4.7% | 1.0% | 10.5% | 10 |
| 2020s | 2.7% | 0.5% | 5.8% | 5 |
Countries ranked near Trinidad and Tobago
- 158 Papua New Guinea 0.6% compare
- 159 Oman 0.6% compare
- 160 New Caledonia 0.6% compare
- 162 Bahamas 0.4% compare
- 163 Seychelles 0.3% compare
- 164 Armenia 0.3% compare
More development goals data for Trinidad and Tobago
- Red List Index 0.7554 (2025)
- Number of refugees per 100,000 population, by country of origin 32.08 (2025)
- Manufacturing value added per capita 2,281 (2025)
- Number of transboundary breeds 34 (2025)
- Number of transboundary breeds (not extinct) 34 (2025)
- Number of transboundary breeds with unknown risk status 34 (2025)
- Number of local breeds with unknown risk status 5 (2025)
- Number of local breeds (not extinct) 5 (2025)
- Number of local breeds kept in the country 5 (2025)
- Infant deaths 271 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Trinidad and Tobago?
- Annual inflation, consumer prices in Trinidad and Tobago was 0.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Trinidad and Tobago?
- The highest recorded value was 12.0% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Trinidad and Tobago?
- The lowest recorded value was 0.5% in 2024.
- How does Trinidad and Tobago rank for annual inflation, consumer prices?
- Trinidad and Tobago ranks 161st out of 173 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 90.7%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).