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

Updated on by Georank team

Poland has a GDP of $918B compared to $25.6B for Trinidad and Tobago, ranking 21/197 and 115/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $16.5B (64.2% of GDP) in Trinidad and Tobago.

Poland vs Trinidad and Tobago GDP by year

Poland
Trinidad and Tobago
1x
Year GDP, current $
Poland Trinidad
2024 $917,767,106,147 $25,633,544,529
2023 $812,451,193,396 $25,036,993,423
2022 $695,607,470,875 $28,341,164,301
2021 $689,170,230,665 $24,222,963,263
2020 $605,914,237,904 $20,888,515,184
2019 $602,683,770,145 $23,477,745,792
2018 $594,616,687,350 $23,883,058,083
2017 $528,356,676,667 $23,830,750,901
2016 $473,259,583,970 $23,624,322,193
2015 $480,054,118,583 $26,841,141,793
2014 $542,134,167,179 $29,474,180,005
2013 $518,179,836,405 $28,560,537,057
2012 $498,148,649,703 $27,147,349,937
2011 $527,848,543,023 $25,433,007,437
2010 $478,111,630,684 $22,157,920,592
2009 $440,891,472,247 $19,172,165,226
2008 $535,612,030,672 $27,871,587,350
2007 $429,715,132,138 $21,641,620,050
2006 $345,897,630,736 $18,369,361,094
2005 $306,999,913,151 $15,982,389,018
2004 $256,268,656,145 $13,280,291,990
2003 $218,561,225,998 $11,305,459,802
2002 $199,694,463,256 $9,008,298,229
2001 $191,823,200,371 $8,824,849,191
2000 $172,953,527,033 $8,154,342,116
1999 $170,704,452,715 $6,808,982,521
1998 $175,282,269,667 $6,043,686,654
1997 $159,893,964,917 $5,737,771,523
1996 $160,813,026,223 $5,759,570,336
1995 $142,838,527,115 $5,329,217,747
1994 $110,803,635,288 $4,947,181,646
1993 $96,043,157,273 $4,669,491,134
1992 $94,337,050,693 $5,439,552,941
1991 $85,500,935,935 $5,307,905,882
1990 $65,977,748,211 $5,068,000,000
1989 - $4,323,058,824
1988 - $4,496,910,569
1987 - $4,797,777,778
1986 - $4,794,444,444
1985 - $7,375,918,367
1984 - $7,757,083,333
1983 - $7,763,750,000
1982 - $8,140,416,667
1981 - $6,992,083,333
1980 - $6,235,833,333
1979 - $4,602,416,625
1978 - $3,562,333,458
1977 - $3,138,666,667
1976 - $2,500,424,955
1975 - $2,442,669,825
1974 - $2,042,001,071
1973 - $1,308,785,431
1972 - $1,083,391,758
1971 - $896,765,215
1970 - $821,850,000
1969 - $779,200,000
1968 - $758,899,950
1967 - $761,981,912
1966 - $723,739,857
1965 - $736,573,159
1964 - $711,897,520
1963 - $678,239,329
1962 - $619,322,810
1961 - $584,964,621
1960 - $535,673,252

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

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

GDP per capita in Poland vs Trinidad and Tobago by year

Poland
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 $18,733 $36,329
2023 $22,145 $48,473 $18,308 $34,623
2022 $18,891 $46,778 $20,751 $32,979
2021 $18,636 $41,060 $17,713 $30,482
2020 $16,151 $37,089 $15,284 $26,731
2019 $15,875 $35,882 $17,213 $29,316
2018 $15,658 $32,345 $17,571 $28,673
2017 $13,913 $30,170 $17,566 $28,484
2016 $12,464 $28,360 $17,449 $28,232
2015 $12,638 $26,988 $19,887 $29,825
2014 $14,262 $25,460 $21,908 $32,027
2013 $13,622 $24,434 $21,305 $31,746
2012 $13,087 $23,728 $20,332 $31,883
2011 $13,868 $22,809 $19,151 $31,078
2010 $12,568 $20,991 $16,815 $30,778
2009 $11,556 $19,300 $14,634 $29,602
2008 $14,049 $18,372 $21,299 $30,807
2007 $11,273 $16,833 $16,607 $29,355
2006 $9,069 $15,205 $14,153 $27,393
2005 $8,044 $13,936 $12,346 $23,536
2004 $6,712 $13,413 $9,871 $20,674
2003 $5,721 $12,329 $8,445 $18,743
2002 $5,223 $11,841 $6,763 $16,141
2001 $5,015 $11,175 $6,657 $14,797
2000 $4,521 $10,721 $6,179 $13,953
1999 $4,416 $10,081 $5,179 $12,812
1998 $4,534 $9,521 $4,613 $11,735
1997 $4,137 $8,967 $4,394 $10,769
1996 $4,164 $8,310 $4,427 $9,883
1995 $3,701 $7,715 $4,115 $9,099
1994 $2,875 $7,040 $3,840 $8,631
1993 $2,497 $6,560 $3,647 $8,209
1992 $2,459 $6,193 $4,277 $8,129
1991 $2,236 $5,925 $4,205 $7,274
1990 $1,731 $6,185 $4,047 $6,878
1989 - - $3,482 -
1988 - - $3,656 -
1987 - - $3,941 -
1986 - - $3,985 -
1985 - - $6,212 -
1984 - - $6,613 -
1983 - - $6,690 -
1982 - - $7,091 -
1981 - - $6,160 -
1980 - - $5,559 -
1979 - - $4,155 -
1978 - - $3,258 -
1977 - - $2,907 -
1976 - - $2,345 -
1975 - - $2,319 -
1974 - - $1,962 -
1973 - - $1,273 -
1972 - - $1,067 -
1971 - - $894 -
1970 - - $829 -
1969 - - $795 -
1968 - - $783 -
1967 - - $797 -
1966 - - $768 -
1965 - - $793 -
1964 - - $780 -
1963 - - $756 -
1962 - - $704 -
1961 - - $678 -
1960 - - $634 -

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

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

Poland's GDP per capita is $25,104, ranking 48/197, compared to $18,733 in Trinidad and Tobago, ranking 61/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

Poland Trinidad
Gross domestic product
$918B
2024
$25.6B
2024
GDP rank
21/197
2024
115/197
2024
GDP growth
3.03%
2023-2024
2.51%
2023-2024
GDP per capita
$25,104
2024
$18,733
2024
GDP per capita rank
48/197
2024
61/197
2024
GDP per capita, PPP
$51,263
2024
$36,329
2024
GDP per capita PPP rank
43/197
2024
62/197
2024
Government debt
$507B
2024
$16.5B
2024
Debt-to-GDP ratio
55.3%
2024
64.2%
2024
Government debt per person
$13,874
2024
$12,028
2024
Government debt per person rank
41/185
2024
45/185
2024
Average annual personal income after taxes
$20,736
2026
$11,007
2026
Market capitalization of domestic companies
$197B
2024
$3.89B
2001
Number of billionaires
10
2025
n/a
Income share by richest 10%
22.9%
2023
29.9%
1992
Income share by poorest 10%
3.3%
2023
2.1%
1992
Government expenditure, % of GDP
49.4%
2024
32.3%
2024
Consumer prices inflation
3.78%
2023-2024
0.53%
2023-2024
Central bank interest rate
4%
2025
3.5%
2020
Unemployment rate
2.81%
2024
4.01%
2024
Population
35806942
1374840

Spending and national debt comparison by year

Poland
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
Poland Trinidad
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 32.3% 64.2%
2023 46.9% 49.5% 33.5% 62.2%
2022 43.2% 48.8% 27.2% 51.3%
2021 43.6% 53% 30.3% 58.4%
2020 47.7% 56.6% 36.2% 62.5%
2019 41.4% 45.2% 31.2% 46.2%
2018 41% 48.2% 30.2% 41.5%
2017 41.1% 50.4% 30.7% 39.8%
2016 41.1% 54.1% 31.9% 35.4%
2015 41.5% 51.1% 35% 27.1%
2014 42.7% 51.1% 32.8% 23.5%
2013 43.2% 56.9% 31.3% 21.6%
2012 43.2% 54.5% 29.5% 21.8%
2011 44.1% 54.8% 29.4% 26.4%
2010 46% 53.7% 30.4% 16.8%
2009 44.9% 49.7% 37% 20.7%
2008 44% 46.6% 26.7% 13.5%
2007 42.8% 44.4% 25.7% 16.2%
2006 44.3% 47.1% 31.6% 16.9%
2005 44.1% 46.5% 26.7% 19.8%
2004 43.3% 44.9% 22.5% 24.2%
2003 45.5% 46.4% 22.2% 30.2%
2002 45.1% 41.6% 24.4% 37%
2001 44.7% 37.2% 24.8% 36.6%
2000 43.1% 36.4% 23.1% 38.9%
1999 42.5% 39.4% 24.1% 42.2%
1998 44% 38.7% 26.9% 42.8%
1997 46.1% 42.7% 27.2% 46.1%
1996 50.7% 43.2% 27.6% 47%
1995 47.5% 48.7% 26.2% 50.1%
1994 - 64.3% 25.4% 52.6%
1993 - 83.9% 26.9% 58.8%
1992 - 81.9% 28.6% 49.2%
1991 - 76.9% 29.6% 49.5%
1990 - 89.7% 26.9% 47.7%
1989 - - 30.9% 51.9%
1988 - - 45.3% 65.3%
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 35.6% - - -
1978 35.8% - - -
1977 35.6% - - -
1976 34.8% - - -
1975 34.1% - - -
1974 28.6% - - -
1973 24.5% - - -
1972 24.1% - - -
1971 24.1% - - -
1970 25.8% - - -
1969 26.3% - - -
1968 27.3% - - -
1967 29.6% - - -
1966 31.7% - - -
1965 31.8% - - -
1964 33.5% - - -
1963 33.3% - - -
1962 43% - - -
1961 42.8% - - -
1960 39.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while Trinidad and Tobago spent $8.28B, or 32.3% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 64.2% in Trinidad and Tobago, ranking 95/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
Poland Trinidad
2024 -6.59% -5.24%
2023 -5.27% -1.24%
2022 -3.44% 0.92%
2021 -1.75% -8.1%
2020 -6.85% -12.2%
2019 -0.73% -3.74%
2018 -0.24% -5.89%
2017 -1.49% -10.4%
2016 -2.38% -10.1%
2015 -2.59% -7.56%
2014 -3.66% -4.31%
2013 -4.25% -2.67%
2012 -3.8% -1.26%
2011 -4.97% -0.67%
2010 -7.43% 0.13%
2009 -7.24% -5.42%
2008 -3.6% 5.39%
2007 -1.88% 3.12%
2006 -3.53% 1.56%
2005 -3.93% 2.36%
2004 -4.99% 1.84%
2003 -6.02% 1.8%
2002 -4.8% -0.2%
2001 -4.73% 0.61%
2000 -4% 0.17%
1999 -2.3% -0.88%
1998 -4.25% -1.8%
1997 -4.61% 0.11%
1996 -4.84% -0.45%
1995 -4.39% 0.17%
1994 - -0.02%
1993 - 0.23%
1992 - -2.74%
1991 - -0.21%
1990 - -1.27%
1989 - -4.46%
1988 - -9.34%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

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

In 2024, Poland's government deficit, the difference between spending and revenue, was $60.4B, equivalent to 6.59% of GDP. This compares to Trinidad and Tobago's deficit of $1.34B, or 5.24% of GDP.

Over the past 30 years, Poland recorded a fiscal deficit in 30 of those years, while Trinidad and Tobago ran a deficit in 18 years. On average, Poland posted an annual deficit equal to 4.02% of GDP, compared to deficit of 2.13% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
Poland

Trinidad and Tobago
1x
Year Consumer prices inflation
Poland Trinidad
2024 3.78% 0.53%
2023 11.5% 4.63%
2022 14.4% 5.83%
2021 5.06% 2.06%
2020 3.37% 0.6%
2019 2.23% 1%
2018 1.81% 1.02%
2017 2.08% 1.88%
2016 -0.66% 3.07%
2015 -0.87% 4.66%
2014 0.05% 5.68%
2013 0.99% 5.2%
2012 3.56% 9.26%
2011 4.24% 5.11%
2010 2.58% 10.5%
2009 3.8% 6.98%
2008 4.16% 12%
2007 2.46% 7.89%
2006 1.28% 8.33%
2005 2.18% 6.87%
2004 3.38% 3.72%
2003 0.68% 3.81%
2002 1.91% 4.15%
2001 5.41% 5.54%
2000 9.9% 3.56%
1999 7.15% 3.44%
1998 11.6% 5.61%
1997 14.9% 3.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Poland has recorded an average annual inflation rate of 4.39%, compared with 4.88% in Trinidad and Tobago. In 2024, inflation was 3.78% in Poland and 0.53% in Trinidad and Tobago.

Top exports between countries

Poland
Export category Export value
Processed food, beverages & tobacco $1.13M
Raw agricultural goods $1.02M
Machinery & equipment $636K
Textiles & consumer goods $285K
Raw materials & minerals $157K
Metals $104K
Chemicals & pharma $93K
Wood & paper products $91K
Miscellaneous $50K
Animal & marine products $30K
Trinidad
Export category Export value
Chemicals & pharma $4.58M
Raw materials & minerals $2.34M
Miscellaneous $29K
Machinery & equipment $26K
Metals $16K
Textiles & consumer goods $4K

Balance of trade

Poland Trinidad
Current account balance
$2.8B
2024
$645M
2024
Current account balance ranking
40/190
2024
58/190
2024
Current account balance, % of GDP
+0.3%
2024
+2.52%
2024
Goods imports
$367B
2024
$7.54B
2024
Goods exports
$361B
2024
$10B
2024
Service imports
$74.9B
2024
$2.71B
2024
Service exports
$118B
2024
$1.26B
2024
Imports of goods and services, % of GDP
48.2%
2024
n/a
Exports of goods and services, % of GDP
52.2%
2024
45%
2025

Economic freedom indices

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

Poland Trinidad
Economic freedom 68.5 62.4
Economic freedom ranking 46/197 87/197
Property rights 71.8 47.3
Government integrity 60.7 45.5
Judicial effectiveness 62.5 58.8
Tax burden 72.7 76.1
Government spending 35.1 71.1
Fiscal health 74.8 86.3
Business freedom 77.5 67.1
Labor freedom 53.7 57.2
Monetary freedom 73.8 81
Trade freedom 79.4 68.8
Investment freedom 80 50
Financial freedom 80 40

Economic freedom comparison by year

Poland
Trinidad and Tobago
1x
Year Economic freedom index
Poland Trinidad
2026 68.5 62.4
2025 67.1 63.6
2024 66 60.4
2023 67.7 59.5
2022 68.7 58.8
2021 69.7 59
2020 69.1 58.3
2019 67.8 57
2018 68.5 57.7
2017 68.3 61.2
2016 69.3 62.9
2015 68.6 64.1
2014 67 62.7
2013 66 62.3
2012 64.2 64.4
2011 64.1 66.5
2010 63.2 65.7
2009 60.3 68
2008 60.3 69.5
2007 58.1 70.6
2006 59.3 70.4
2005 59.6 71.5
2004 58.7 71.3
2003 61.8 68.8
2002 65 70.1
2001 61.8 71.8
2000 60 74.5
1999 59.6 72.4
1998 59.2 72
1997 56.8 71.3
1996 57.8 69.2
1995 50.7 -

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

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

The Economic Freedom Index for Poland is 68.5, ranking 46/197, 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

Poland Trinidad
Services, % of GDP
59.1%
2024
59.2%
2024
Industry, % of GDP
27.2%
2024
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
0.78%
2024
GNI, Atlas method
$789B
2024
$27B
2024
GNI per capita, PPP
$49,540
2024
$36,580
2024
Total reserves including gold
$223B
2024
$5.6B
2024
Total reserves ranking
17/177
2024
94/177
2024
Net foreign direct investment
-$10.6B
2024
$980M
2024
Net inflows of foreign direct investment
$20.6B
2024
-$453M
2024
Net outflows of foreign direct investment
$10B
2024
$527M
2024
Poverty at national poverty lines
13.3%
2024
20%
2020
Gross capital formation, % of GDP
17.8%
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/poland/trinidad-and-tobago | CC BY

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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 (1960–1994, 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.

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.