Skip to content

Economy of China vs Trinidad and Tobago compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $25.6B for Trinidad and Tobago, ranking 2/197 and 115/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $16.5B (64.2% of GDP) in Trinidad and Tobago.

China vs Trinidad and Tobago GDP by year

China
Trinidad and Tobago
1x
Year GDP, current $
China Trinidad
2024 $18,743,803,170,827 $25,633,544,529
2023 $18,270,356,654,533 $25,036,993,423
2022 $18,316,765,021,690 $28,341,164,301
2021 $18,201,698,719,564 $24,222,963,263
2020 $14,996,414,166,715 $20,888,515,184
2019 $14,560,167,101,283 $23,477,745,792
2018 $14,147,765,772,964 $23,883,058,083
2017 $12,537,559,062,283 $23,830,750,901
2016 $11,456,024,084,962 $23,624,322,193
2015 $11,280,814,787,469 $26,841,141,793
2014 $10,674,533,168,257 $29,474,180,005
2013 $9,743,124,247,267 $28,560,537,057
2012 $8,673,664,713,189 $27,147,349,937
2011 $7,671,757,207,851 $25,433,007,437
2010 $6,192,564,874,453 $22,157,920,592
2009 $5,189,577,094,998 $19,172,165,226
2008 $4,667,346,414,522 $27,871,587,350
2007 $3,604,055,822,572 $21,641,620,050
2006 $2,791,498,472,804 $18,369,361,094
2005 $2,317,551,298,052 $15,982,389,018
2004 $1,984,196,551,300 $13,280,291,990
2003 $1,683,903,309,844 $11,305,459,802
2002 $1,489,821,682,051 $9,008,298,229
2001 $1,355,036,590,252 $8,824,849,191
2000 $1,223,754,919,971 $8,154,342,116
1999 $1,103,843,203,576 $6,808,982,521
1998 $1,037,134,141,760 $6,043,686,654
1997 $967,753,570,435 $5,737,771,523
1996 $868,523,936,530 $5,759,570,336
1995 $738,190,896,228 $5,329,217,747
1994 $566,929,539,493 $4,947,181,646
1993 $446,557,291,212 $4,669,491,134
1992 $428,502,354,788 $5,439,552,941
1991 $384,510,452,962 $5,307,905,882
1990 $361,560,229,446 $5,068,000,000
1989 $348,380,566,802 $4,323,058,824
1988 $312,888,888,889 $4,496,910,569
1987 $273,455,156,951 $4,797,777,778
1986 $301,310,144,928 $4,794,444,444
1985 $310,064,625,850 $7,375,918,367
1984 $260,442,857,143 $7,757,083,333
1983 $231,130,268,199 $7,763,750,000
1982 $205,480,916,031 $8,140,416,667
1981 $196,218,253,968 $6,992,083,333
1980 $191,487,500,000 $6,235,833,333
1979 $178,573,913,043 $4,602,416,625
1978 $149,788,617,886 $3,562,333,458
1977 $175,226,595,860 $3,138,666,667
1976 $154,196,810,059 $2,500,424,955
1975 $163,687,619,736 $2,442,669,825
1974 $144,418,433,058 $2,042,001,071
1973 $138,764,340,892 $1,308,785,431
1972 $113,871,930,714 $1,083,391,758
1971 $99,959,013,880 $896,765,215
1970 $92,752,930,873 $821,850,000
1969 $79,847,786,729 $779,200,000
1968 $70,980,323,819 $758,899,950
1967 $73,011,350,596 $761,981,912
1966 $76,854,053,259 $723,739,857
1965 $70,565,994,356 $736,573,159
1964 $59,821,862,703 $711,897,520
1963 $50,812,227,919 $678,239,329
1962 $47,310,737,754 $619,322,810
1961 $50,162,299,350 $584,964,621
1960 $59,846,235,025 $535,673,252

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

GDP per capita in China vs Trinidad and Tobago by year

China
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $18,733 $36,329
2023 $12,951 $25,179 $18,308 $34,623
2022 $12,971 $23,032 $20,751 $32,979
2021 $12,887 $20,843 $17,713 $30,482
2020 $10,627 $18,267 $15,284 $26,731
2019 $10,343 $17,601 $17,213 $29,316
2018 $10,086 $16,298 $17,571 $28,673
2017 $8,980 $15,022 $17,566 $28,484
2016 $8,255 $14,157 $17,449 $28,232
2015 $8,175 $13,463 $19,887 $29,825
2014 $7,781 $12,942 $21,908 $32,027
2013 $7,147 $12,228 $21,305 $31,746
2012 $6,405 $11,420 $20,332 $31,883
2011 $5,704 $10,457 $19,151 $31,078
2010 $4,629 $9,411 $16,815 $30,778
2009 $3,898 $8,448 $14,634 $29,602
2008 $3,523 $7,713 $21,299 $30,807
2007 $2,735 $6,935 $16,607 $29,355
2006 $2,129 $5,946 $14,153 $27,393
2005 $1,778 $5,148 $12,346 $23,536
2004 $1,531 $4,505 $9,871 $20,674
2003 $1,307 $4,007 $8,445 $18,743
2002 $1,164 $3,591 $6,763 $16,141
2001 $1,065 $3,258 $6,657 $14,797
2000 $969 $2,964 $6,179 $13,953
1999 $881 $2,690 $5,179 $12,812
1998 $835 $2,483 $4,613 $11,735
1997 $787 $2,297 $4,394 $10,769
1996 $713 $2,088 $4,427 $9,883
1995 $613 $1,884 $4,115 $9,099
1994 $476 $1,680 $3,840 $8,631
1993 $379 $1,471 $3,647 $8,209
1992 $368 $1,276 $4,277 $8,129
1991 $334 $1,105 $4,205 $7,274
1990 $319 $991 $4,047 $6,878
1989 $311 - $3,482 -
1988 $284 - $3,656 -
1987 $252.3 - $3,941 -
1986 $282.4 - $3,985 -
1985 $295 - $6,212 -
1984 $251.2 - $6,613 -
1983 $225.9 - $6,690 -
1982 $203.7 - $7,091 -
1981 $197.4 - $6,160 -
1980 $195.1 - $5,559 -
1979 $184.3 - $4,155 -
1978 $156.7 - $3,258 -
1977 $185.7 - $2,907 -
1976 $165.7 - $2,345 -
1975 $178.6 - $2,319 -
1974 $160.4 - $1,962 -
1973 $157.3 - $1,273 -
1972 $132.1 - $1,067 -
1971 $118.8 - $894 -
1970 $113.3 - $829 -
1969 $100.3 - $795 -
1968 $91.6 - $783 -
1967 $96.8 - $797 -
1966 $104.5 - $768 -
1965 $98.7 - $793 -
1964 $85.7 - $780 -
1963 $74.5 - $756 -
1962 $71.1 - $704 -
1961 $76 - $678 -
1960 $89.7 - $634 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

China's GDP per capita is $13,303, ranking 76/197, compared to $18,733 in Trinidad and Tobago, ranking 61/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

China Trinidad
Gross domestic product
$18.7T
2024
$25.6B
2024
GDP rank
2/197
2024
115/197
2024
GDP growth
4.98%
2023-2024
2.51%
2023-2024
GDP per capita
$13,303
2024
$18,733
2024
GDP per capita rank
76/197
2024
61/197
2024
GDP per capita, PPP
$27,105
2024
$36,329
2024
GDP per capita PPP rank
77/197
2024
62/197
2024
Government debt
$16.6T
2024
$16.5B
2024
Debt-to-GDP ratio
88.3%
2024
64.2%
2024
Government debt per person
$11,749
2024
$12,028
2024
Government debt per person rank
47/185
2024
45/185
2024
Average annual personal income after taxes
$9,826
2026
$11,007
2026
Market capitalization of domestic companies
$11.8T
2024
$3.89B
2001
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
29.9%
1992
Income share by poorest 10%
3.1%
2022
2.1%
1992
Government expenditure, % of GDP
32.9%
2024
32.3%
2024
Consumer prices inflation
0.2%
2023-2024
0.53%
2023-2024
Central bank interest rate
3.1%
2024
3.5%
2020
Unemployment rate
5.11%
2021
4.01%
2024
Population
1402578808
1374840

Spending and national debt comparison by year

China
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
China Trinidad
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 32.3% 64.2%
2023 32.7% 82% 33.5% 62.2%
2022 32.6% 75.5% 27.2% 51.3%
2021 31.9% 70.1% 30.3% 58.4%
2020 34.8% 69% 36.2% 62.5%
2019 33.6% 59.4% 31.2% 46.2%
2018 32.6% 55.6% 30.2% 41.5%
2017 32% 53.9% 30.7% 39.8%
2016 31.7% 49.7% 31.9% 35.4%
2015 31% 40.8% 35% 27.1%
2014 28.4% 39.3% 32.8% 23.5%
2013 28.1% 36.4% 31.3% 21.6%
2012 27.7% 33.8% 29.5% 21.8%
2011 26.6% 33.2% 29.4% 26.4%
2010 24.7% 33.3% 30.4% 16.8%
2009 25.2% 34% 37% 20.7%
2008 22.2% 26.7% 26.7% 13.5%
2007 17.9% 28.7% 25.7% 16.2%
2006 18.1% 25.2% 31.6% 16.9%
2005 18% 25.9% 26.7% 19.8%
2004 17.6% 26% 22.5% 24.2%
2003 18% 26.4% 22.2% 30.2%
2002 18.2% 25.6% 24.4% 37%
2001 17.2% 24.3% 24.8% 36.6%
2000 16.1% 22.7% 23.1% 38.9%
1999 14.9% 21.6% 24.1% 42.2%
1998 12.6% 20.4% 26.9% 42.8%
1997 11.5% 20.4% 27.2% 46.1%
1996 11% 21.2% 27.6% 47%
1995 11.1% 21.4% 26.2% 50.1%
1994 12.4% - 25.4% 52.6%
1993 13.4% - 26.9% 58.8%
1992 14.6% - 28.6% 49.2%
1991 16.5% - 29.6% 49.5%
1990 18.2% - 26.9% 47.7%
1989 18.6% - 30.9% 51.9%
1988 20.9% 4.46% 45.3% 65.3%
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Trinidad and Tobago spent $8.28B, or 32.3% of GDP.

Debt-to-GDP ratio is 88.3% in China and 64.2% in Trinidad and Tobago, ranking 34/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
China

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
China Trinidad
2024 -7.34% -5.24%
2023 -6.71% -1.24%
2022 -7.32% 0.92%
2021 -5.9% -8.1%
2020 -9.56% -12.2%
2019 -6% -3.74%
2018 -4.2% -5.89%
2017 -3.34% -10.4%
2016 -3.33% -10.1%
2015 -2.5% -7.56%
2014 -0.67% -4.31%
2013 -0.82% -2.67%
2012 -0.3% -1.26%
2011 -0.1% -0.67%
2010 -0.36% 0.13%
2009 -1.72% -5.42%
2008 -0.02% 5.39%
2007 0.06% 3.12%
2006 -1.13% 1.56%
2005 -1.38% 2.36%
2004 -1.49% 1.84%
2003 -2.36% 1.8%
2002 -2.84% -0.2%
2001 -2.56% 0.61%
2000 -2.81% 0.17%
1999 -2.3% -0.88%
1998 -1.08% -1.8%
1997 -0.73% 0.11%
1996 -0.73% -0.45%
1995 -0.94% 0.17%
1994 -1.68% -0.02%
1993 -0.89% 0.23%
1992 -1.22% -2.74%
1991 -1.04% -0.21%
1990 -0.72% -1.27%
1989 -0.91% -4.46%
1988 -2.22% -9.34%
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Trinidad and Tobago's deficit of $1.34B, or 5.24% of GDP.

Over the past 37 years, China recorded a fiscal deficit in 36 of those years, while Trinidad and Tobago ran a deficit in 24 years. On average, China posted an annual deficit equal to 2.41% of GDP, compared to deficit of 2.21% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
China

Trinidad and Tobago
1x
Year Consumer prices inflation
China Trinidad
2024 0.2% 0.53%
2023 0.2% 4.63%
2022 2% 5.83%
2021 0.9% 2.06%
2020 2.5% 0.6%
2019 2.9% 1%
2018 2.1% 1.02%
2017 1.6% 1.88%
2016 2% 3.07%
2015 1.5% 4.66%
2014 2% 5.68%
2013 2.7% 5.2%
2012 2.6% 9.26%
2011 5.4% 5.11%
2010 3.3% 10.5%
2009 -0.7% 6.98%
2008 5.9% 12%
2007 4.7% 7.89%
2006 1.5% 8.33%
2005 1.8% 6.87%
2004 3.9% 3.72%
2003 1.1% 3.81%
2002 -0.8% 4.15%
2001 0.7% 5.54%
2000 0.4% 3.56%
1999 -1.4% 3.44%
1998 -0.8% 5.61%
1997 2.8% 3.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 4.88% in Trinidad and Tobago. In 2024, inflation was 0.2% in China and 0.53% in Trinidad and Tobago.

Top exports between countries

China
Export category Export value
Machinery & equipment $234M
Metals $122M
Textiles & consumer goods $120M
Chemicals & pharma $79.5M
Raw materials & minerals $35.6M
Wood & paper products $21.1M
Miscellaneous $12.4M
Processed food, beverages & tobacco $9.06M
Raw agricultural goods $8M
Animal & marine products $5.98M
Trinidad
Export category Export value
Chemicals & pharma $196M
Machinery & equipment $30.2M
Raw materials & minerals $5.41M
Metals $1.56M
Processed food, beverages & tobacco $359K
Animal & marine products $37K
Miscellaneous $15K
Textiles & consumer goods $12K
Raw agricultural goods $4K
Wood & paper products $1K

Balance of trade

China Trinidad
Current account balance
$424B
2024
$645M
2024
Current account balance ranking
1/190
2024
58/190
2024
Current account balance, % of GDP
+2.26%
2024
+2.52%
2024
Goods imports
$2.64T
2024
$7.54B
2024
Goods exports
$3.41T
2024
$10B
2024
Service imports
$613B
2024
$2.71B
2024
Service exports
$384B
2024
$1.26B
2024
Imports of goods and services, % of GDP
17.2%
2024
n/a
Exports of goods and services, % of GDP
20%
2024
45%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Trinidad
Economic freedom 48.3 62.4
Economic freedom ranking 170/197 87/197
Property rights 40.9 47.3
Government integrity 42.3 45.5
Judicial effectiveness 38.6 58.8
Tax burden 69.3 76.1
Government spending 67.8 71.1
Fiscal health 4.4 86.3
Business freedom 68.7 67.1
Labor freedom 57.9 57.2
Monetary freedom 76.1 81
Trade freedom 73.4 68.8
Investment freedom 20 50
Financial freedom 20 40

Economic freedom comparison by year

China
Trinidad and Tobago
1x
Year Economic freedom index
China Trinidad
2026 48.3 62.4
2025 49 63.6
2024 48.5 60.4
2023 48.3 59.5
2022 48 58.8
2021 58.4 59
2020 59.5 58.3
2019 58.4 57
2018 57.8 57.7
2017 57.4 61.2
2016 52 62.9
2015 52.7 64.1
2014 52.5 62.7
2013 51.9 62.3
2012 51.2 64.4
2011 52 66.5
2010 51 65.7
2009 53.2 68
2008 53.1 69.5
2007 52 70.6
2006 53.6 70.4
2005 53.7 71.5
2004 52.5 71.3
2003 52.6 68.8
2002 52.8 70.1
2001 52.6 71.8
2000 56.4 74.5
1999 54.8 72.4
1998 53.1 72
1997 51.7 71.3
1996 51.3 69.2
1995 52 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 62.4 for Trinidad and Tobago, ranking 87/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Trinidad
Services, % of GDP
56.7%
2024
59.2%
2024
Industry, % of GDP
36.5%
2024
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
0.78%
2024
GNI, Atlas method
$19.3T
2024
$27B
2024
GNI per capita, PPP
$26,920
2024
$36,580
2024
Total reserves including gold
$3.46T
2024
$5.6B
2024
Total reserves ranking
1/177
2024
94/177
2024
Net foreign direct investment
$154B
2024
$980M
2024
Net inflows of foreign direct investment
$18.6B
2024
-$453M
2024
Net outflows of foreign direct investment
$172B
2024
$527M
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
n/a
Poverty at national poverty lines
0%
2020
20%
2020
Gross capital formation, % of GDP
40.6%
2024
19%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/china/trinidad-and-tobago | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.