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

Updated on by Georank team

Trinidad and Tobago has a GDP of $25.6B compared to $115B for Uzbekistan, ranking 115/197 and 66/197 by economy size, respectively.

Trinidad and Tobago has $16.5B in government debt (64.2% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Trinidad and Tobago vs Uzbekistan GDP by year

Trinidad and Tobago
Uzbekistan
1x
Year GDP, current $
Trinidad Uzbekistan
2024 $25,633,544,529 $114,965,293,467
2023 $25,036,993,423 $102,641,879,249
2022 $28,341,164,301 $90,095,926,567
2021 $24,222,963,263 $77,340,060,003
2020 $20,888,515,184 $66,443,265,418
2019 $23,477,745,792 $67,293,639,798
2018 $23,883,058,083 $58,695,899,092
2017 $23,830,750,901 $69,703,222,283
2016 $23,624,322,193 $86,138,288,644
2015 $26,841,141,793 $86,196,264,755
2014 $29,474,180,005 $80,845,385,809
2013 $28,560,537,057 $73,180,037,915
2012 $27,147,349,937 $67,517,349,212
2011 $25,433,007,437 $60,178,909,297
2010 $22,157,920,592 $49,765,676,402
2009 $19,172,165,226 $33,689,223,673
2008 $27,871,587,350 $29,549,438,884
2007 $21,641,620,050 $22,311,393,928
2006 $18,369,361,094 $17,330,833,853
2005 $15,982,389,018 $14,307,509,839
2004 $13,280,291,990 $12,030,023,548
2003 $11,305,459,802 $10,134,453,435
2002 $9,008,298,229 $9,687,788,513
2001 $8,824,849,191 $11,401,421,329
2000 $8,154,342,116 $13,760,513,969
1999 $6,808,982,521 $17,078,465,982
1998 $6,043,686,654 $14,988,971,211
1997 $5,737,771,523 $14,744,603,774
1996 $5,759,570,336 $13,948,892,216
1995 $5,329,217,747 $13,350,461,265
1994 $4,947,181,646 $12,899,074,922
1993 $4,669,491,134 $13,099,920,056
1992 $5,439,552,941 $12,953,801,760
1991 $5,307,905,882 $13,800,167,712
1990 $5,068,000,000 $13,362,340,338
1989 $4,323,058,824 $11,948,815,258
1988 $4,496,910,569 $10,722,799,639
1987 $4,797,777,778 $8,523,160,593
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/trinidad-and-tobago/uzbekistan | CC BY

GDP per capita in Trinidad and Tobago vs Uzbekistan by year

Trinidad and Tobago
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Trinidad Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,733 $36,329 $3,162 $11,879
2023 $18,308 $34,623 $2,879 $11,107
2022 $20,751 $32,979 $2,579 $10,293
2021 $17,713 $30,482 $2,259 $9,248
2020 $15,284 $26,731 $1,978 $8,452
2019 $17,213 $29,316 $2,041 $8,544
2018 $17,571 $28,673 $1,813 $8,129
2017 $17,566 $28,484 $2,191 $7,818
2016 $17,449 $28,232 $2,753 $6,919
2015 $19,887 $29,825 $2,803 $6,800
2014 $21,908 $32,027 $2,675 $6,610
2013 $21,305 $31,746 $2,462 $6,413
2012 $20,332 $31,883 $2,307 $6,168
2011 $19,151 $31,078 $2,088 $5,949
2010 $16,815 $30,778 $1,753 $5,505
2009 $14,634 $29,602 $1,206 $5,135
2008 $21,299 $30,807 $1,075 $4,800
2007 $16,607 $29,355 $824 $4,386
2006 $14,153 $27,393 $649 $3,956
2005 $12,346 $23,536 $543 $3,618
2004 $9,871 $20,674 $462 $3,321
2003 $8,445 $18,743 $394 $3,047
2002 $6,763 $16,141 $381 $2,902
2001 $6,657 $14,797 $454 $2,782
2000 $6,179 $13,953 $555 $2,644
1999 $5,179 $12,812 $698 $2,522
1998 $4,613 $11,735 $621 $2,418
1997 $4,394 $10,769 $621 $2,329
1996 $4,427 $9,883 $597 $2,214
1995 $4,115 $9,099 $583 $2,178
1994 $3,840 $8,631 $574 $2,197
1993 $3,647 $8,209 $596 $2,318
1992 $4,277 $8,129 $603 $2,371
1991 $4,205 $7,274 $658 $2,676
1990 $4,047 $6,878 $653 $2,665
1989 $3,482 - $598 -
1988 $3,656 - $551 -
1987 $3,941 - $450 -
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/trinidad-and-tobago/uzbekistan | CC BY

Trinidad and Tobago's GDP per capita is $18,733, ranking 61/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Trinidad and Tobago ranks 62nd at $36,329, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Trinidad Uzbekistan
Gross domestic product
$25.6B
2024
$115B
2024
GDP rank
115/197
2024
66/197
2024
GDP growth
2.51%
2023-2024
6.5%
2023-2024
GDP per capita
$18,733
2024
$3,162
2024
GDP per capita rank
61/197
2024
139/197
2024
GDP per capita, PPP
$36,329
2024
$11,879
2024
GDP per capita PPP rank
62/197
2024
125/197
2024
Government debt
$16.5B
2024
$37.5B
2024
Debt-to-GDP ratio
64.2%
2024
32.7%
2024
Government debt per person
$12,028
2024
$1,032
2024
Government debt per person rank
45/185
2024
141/185
2024
Average annual personal income after taxes
$11,007
2026
$3,658
2026
Market capitalization of domestic companies
$3.89B
2001
$18.8B
2024
Income share by richest 10%
29.9%
1992
25.7%
2024
Income share by poorest 10%
2.1%
1992
2.3%
2024
Government expenditure, % of GDP
32.3%
2024
27.6%
2024
Consumer prices inflation
0.53%
2023-2024
9.6%
2023-2024
Central bank interest rate
3.5%
2020
14%
2025
Unemployment rate
4.01%
2024
5.29%
2020
Population
1374840
37939105

Spending and national debt comparison by year

Trinidad and Tobago
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Trinidad Uzbekistan
Government spending Government debt Government spending Government debt
2024 32.3% 64.2% 27.6% 32.7%
2023 33.5% 62.2% 29.9% 32.2%
2022 27.2% 51.3% 31.3% 30.5%
2021 30.3% 58.4% 27.4% 31.7%
2020 36.2% 62.5% 26% 33.7%
2019 31.2% 46.2% 24.4% 25.4%
2018 30.2% 41.5% 22.2% 17.5%
2017 30.7% 39.8% 19.9% 17.3%
2016 31.9% 35.4% 23.3% 8.19%
2015 35% 27.1% 24.6% 6.72%
2014 32.8% 23.5% 24.9% 6.09%
2013 31.3% 21.6% 25.2% 6.23%
2012 29.5% 21.8% 23.9% 6.76%
2011 29.4% 26.4% 23.7% 6.33%
2010 30.4% 16.8% 26.4% 6.61%
2009 37% 20.7% 27.5% 7.3%
2008 26.7% 13.5% 26.5% 8.33%
2007 25.7% 16.2% 24.8% 9.56%
2006 31.6% 16.9% 24.7% 13.5%
2005 26.7% 19.8% 28.1% 21%
2004 22.5% 24.2% 29.4% 26.9%
2003 22.2% 30.2% 31.5% 31.4%
2002 24.4% 37% 34.6% 41.6%
2001 24.8% 36.6% 30.6% 44.8%
2000 23.1% 38.9% 32.9% 29.5%
1999 24.1% 42.2% 33.6% 18.4%
1998 26.9% 42.8% 35.1% 18%
1997 27.2% 46.1% 31.8% 15.3%
1996 27.6% 47% 35.1% -
1995 26.2% 50.1% 29.4% -
1994 25.4% 52.6% 27.1% -
1993 26.9% 58.8% 39.6% -
1992 28.6% 49.2% 18% -
1991 29.6% 49.5% - -
1990 26.9% 47.7% - -
1989 30.9% 51.9% - -
1988 45.3% 65.3% - -

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/trinidad-and-tobago/uzbekistan | CC BY

In 2024, Trinidad and Tobago's government spending was $8.28B, accounting for 32.3% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 64.2% in Trinidad and Tobago and 32.7% in Uzbekistan, ranking 70/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Trinidad and Tobago

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Trinidad Uzbekistan
2024 -5.24% -2.37%
2023 -1.24% -4.03%
2022 0.92% -3.65%
2021 -8.1% -4.1%
2020 -12.2% -2.95%
2019 -3.74% -0.3%
2018 -5.89% 1.64%
2017 -10.4% 1.04%
2016 -10.1% 0.7%
2015 -7.56% -0.28%
2014 -4.31% 1.9%
2013 -2.67% 2.15%
2012 -1.26% 5.89%
2011 -0.67% 5.11%
2010 0.13% 2.56%
2009 -5.42% 1.82%
2008 5.39% 5.97%
2007 3.12% 3.55%
2006 1.56% 2.72%
2005 2.36% -3.52%
2004 1.84% -3.74%
2003 1.8% -4.87%
2002 -0.2% -6.31%
2001 0.61% -3.28%
2000 0.17% -3.66%
1999 -0.88% -2.91%
1998 -1.8% -3.04%
1997 0.11% -2.05%
1996 -0.45% -1.57%
1995 0.17% -1.77%
1994 -0.02% -4.47%
1993 0.23% -12%
1992 -2.74% 7.15%
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/trinidad-and-tobago/uzbekistan | CC BY

In 2024, Trinidad and Tobago's government deficit, the difference between spending and revenue, was $1.34B, equivalent to 5.24% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Trinidad and Tobago recorded a fiscal deficit in 20 of those years, while Uzbekistan ran a deficit in 20 years. On average, Trinidad and Tobago posted an annual deficit equal to 2.01% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Trinidad and Tobago

Uzbekistan
1x
Year Consumer prices inflation
Trinidad Uzbekistan
2024 0.53% 9.6%
2023 4.63% 10%
2022 5.83% 11.4%
2021 2.06% 10.8%
2020 0.6% 12.9%
2019 1% 14.5%
2018 1.02% 17.5%
2017 1.88% 13.9%
2016 3.07% 8.8%
2015 4.66% 8.5%
2014 5.68% 9.1%
2013 5.2% 11.7%
2012 9.26% 11.9%
2011 5.11% 12.4%
2010 10.5% 12.3%
2009 6.98% 12.3%
2008 12% 13.1%
2007 7.89% 11.2%
2006 8.33% 13.1%
2005 6.87% 10.7%
2004 3.72% 7.3%
2003 3.81% 12.5%
2002 4.15% 27.3%
2001 5.54% 27.3%
2000 3.56% 25%
1999 3.44% 29.1%
1998 5.61% 29%
1997 3.63% 70.9%

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/trinidad-and-tobago/uzbekistan | CC BY

Over the past 28 years, Trinidad and Tobago has recorded an average annual inflation rate of 4.88%, compared with 16.6% in Uzbekistan. In 2024, inflation was 0.53% in Trinidad and Tobago and 9.6% in Uzbekistan.

Top exports between countries

Trinidad
Export category Export value
Miscellaneous $16K
Machinery & equipment $7K
Uzbekistan
Export category Export value

Balance of trade

Trinidad Uzbekistan
Current account balance
$645M
2024
-$5.71B
2024
Current account balance ranking
58/190
2024
169/190
2024
Current account balance, % of GDP
+2.52%
2024
-4.97%
2024
Goods imports
$7.54B
2024
$33.2B
2024
Goods exports
$10B
2024
$19.6B
2024
Service imports
$2.71B
2024
$10.5B
2024
Service exports
$1.26B
2024
$6.55B
2024
Imports of goods and services, % of GDP n/a
38%
2024
Exports of goods and services, % of GDP
45%
2025
22.8%
2024

Economic freedom indices

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

Trinidad Uzbekistan
Economic freedom 62.4 60.3
Economic freedom ranking 87/197 94/197
Property rights 47.3 43.1
Government integrity 45.5 32
Judicial effectiveness 58.8 13.7
Tax burden 76.1 95
Government spending 71.1 73.7
Fiscal health 86.3 79.9
Business freedom 67.1 62.5
Labor freedom 57.2 48.4
Monetary freedom 81 65.1
Trade freedom 68.8 80.6
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Trinidad and Tobago
Uzbekistan
1x
Year Economic freedom index
Trinidad Uzbekistan
2026 62.4 60.3
2025 63.6 58
2024 60.4 55.9
2023 59.5 56.5
2022 58.8 55.7
2021 59 58.3
2020 58.3 57.2
2019 57 53.3
2018 57.7 51.5
2017 61.2 52.3
2016 62.9 46
2015 64.1 47
2014 62.7 46.5
2013 62.3 46
2012 64.4 45.8
2011 66.5 45.8
2010 65.7 47.5
2009 68 50.5
2008 69.5 51.9
2007 70.6 51.5
2006 70.4 48.7
2005 71.5 45.8
2004 71.3 39.1
2003 68.8 38.3
2002 70.1 38.5
2001 71.8 38.2
2000 74.5 38.1
1999 72.4 33.8
1998 72 31.5
1997 71.3 -
1996 69.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Trinidad and Tobago is 62.4, ranking 87/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Trinidad Uzbekistan
Services, % of GDP
59.2%
2024
45.2%
2024
Industry, % of GDP
34.6%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.78%
2024
18.3%
2024
GNI, Atlas method
$27B
2024
$110B
2024
GNI per capita, PPP
$36,580
2024
$12,000
2024
Total reserves including gold
$5.6B
2024
$41.2B
2024
Total reserves ranking
94/177
2024
50/177
2024
Net foreign direct investment
$980M
2024
-$2.81B
2024
Net inflows of foreign direct investment
-$453M
2024
$2.99B
2024
Net outflows of foreign direct investment
$527M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines
20%
2020
8.9%
2024
Gross capital formation, % of GDP
19%
2023
33.3%
2024

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/trinidad-and-tobago/uzbekistan | 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 (1996–2026, 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 (1988–1989, retrieved 2026-02-20)
  6. TradeMap (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.