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

Updated on by Georank

Trinidad and Tobago has a GDP of $25.9B compared to $51.2B for Zimbabwe, ranking 122/197 and 95/197 by economy size, respectively.

Trinidad and Tobago has $21.8B in government debt (84.2% of GDP), compared to $22.4B (43.8% of GDP) in Zimbabwe.

Trinidad and Tobago vs Zimbabwe GDP by year

Trinidad and Tobago
Zimbabwe
1x
Year GDP, current $
Trinidad Zimbabwe
2025 $25,942,749,718 $51,215,643,906
2024 $25,633,544,529 $41,521,975,830
2023 $25,036,993,423 $35,871,781,303
2022 $28,341,164,301 $40,757,585,309
2021 $24,222,963,263 $41,287,852,524
2020 $20,888,515,184 $31,979,753,645
2019 $23,477,745,792 $33,360,632,553
2018 $23,883,058,083 $34,141,666,667
2017 $23,830,750,901 $51,035,657,371
2016 $23,624,322,193 $20,559,250,000
2015 $26,841,141,793 $19,973,250,000
2014 $29,474,180,005 $19,505,500,000
2013 $28,560,537,057 $19,100,750,000
2012 $27,147,349,937 $17,123,500,000
2011 $25,433,007,437 $14,109,000,000
2010 $22,157,920,592 $12,047,750,000
2009 $19,172,165,226 $9,670,750,000
2008 $27,871,587,350 $4,418,000,000
2007 $21,641,620,050 $5,294,750,000
2006 $18,369,361,094 $5,446,750,000
2005 $15,982,389,018 $5,758,250,000
2004 $13,280,291,990 $5,808,500,000
2003 $11,305,459,802 $5,730,500,000
2002 $9,008,298,229 $6,345,250,000
2001 $8,824,849,191 $6,780,750,000
2000 $8,154,342,116 $6,693,250,000
1999 $6,808,982,521 $6,861,500,000
1998 $6,043,686,654 $6,405,250,000
1997 $5,737,771,523 $8,534,000,000
1996 $5,759,570,336 $8,557,500,000
1995 $5,329,217,747 $7,115,000,000
1994 $4,947,181,646 $6,894,250,000
1993 $4,669,491,134 $6,567,250,000
1992 $5,439,552,941 $6,755,000,000
1991 $5,307,905,882 $8,646,000,000
1990 $5,068,000,000 $8,788,301,546
1989 $4,323,058,824 $8,290,553,535
1988 $4,496,910,569 $7,818,774,177
1987 $4,797,777,778 $6,744,657,033
1986 $4,794,444,444 $6,220,698,247
1985 $7,375,918,367 $5,640,137,575
1984 $7,757,083,333 $6,355,369,172
1983 $7,763,750,000 $7,768,031,182
1982 $8,140,416,667 $8,544,060,905
1981 $6,992,083,333 $8,015,464,252
1980 $6,235,833,333 $6,682,278,300
1979 $4,602,416,625 $5,180,102,910
1978 $3,562,333,458 $4,353,822,343
1977 $3,138,666,667 $4,366,610,469
1976 $2,500,424,955 $4,320,576,877
1975 $2,442,669,825 $4,373,532,601
1974 $2,042,001,071 $3,984,194,614
1973 $1,308,785,431 $3,311,043,292
1972 $1,083,391,758 $2,679,096,597
1971 $896,765,215 $2,179,828,710
1970 $821,850,000 $1,885,168,339
1969 $779,200,000 $1,748,891,294
1968 $758,899,950 $1,480,355,355
1967 $761,981,912 $1,397,715,282
1966 $723,739,857 $1,282,403,936
1965 $736,573,159 $1,312,105,394
1964 $711,897,520 $1,217,759,447
1963 $678,239,329 $1,160,103,724
1962 $619,322,810 $1,118,172,226
1961 $584,964,621 $1,097,206,526
1960 $535,673,252 $1,053,528,036

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Trinidad and Tobago vs Zimbabwe by year

Trinidad and Tobago
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Trinidad Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $18,967 - $3,021 -
2024 $18,733 $36,329 $2,496 $5,928
2023 $18,308 $34,623 $2,195 $5,791
2022 $20,751 $32,979 $2,536 $5,396
2021 $17,713 $30,482 $2,614 $4,827
2020 $15,284 $26,731 $2,060 $4,179
2019 $17,213 $29,316 $2,185 $4,166
2018 $17,571 $28,673 $2,271 $3,993
2017 $17,566 $28,484 $3,445 $10,756
2016 $17,449 $28,232 $1,408 $4,275
2015 $19,887 $29,825 $1,387 $4,046
2014 $21,908 $32,027 $1,373 $3,903
2013 $21,305 $31,746 $1,363 $3,784
2012 $20,332 $31,883 $1,239 $3,472
2011 $19,151 $31,078 $1,038 $3,047
2010 $16,815 $30,778 $902 $2,661
2009 $14,634 $29,602 $736 $2,233
2008 $21,299 $30,807 $341 $1,987
2007 $16,607 $29,355 $414 $2,396
2006 $14,153 $27,393 $431 $2,454
2005 $12,346 $23,536 $461 $2,496
2004 $9,871 $20,674 $470 $2,591
2003 $8,445 $18,743 $468 $2,708
2002 $6,763 $16,141 $525 $3,238
2001 $6,657 $14,797 $566 $3,533
2000 $6,179 $13,953 $563 $3,429
1999 $5,179 $12,812 $582 $3,491
1998 $4,613 $11,735 $552 $3,527
1997 $4,394 $10,769 $751 $3,457
1996 $4,427 $9,883 $767 $3,372
1995 $4,115 $9,099 $648 $3,051
1994 $3,840 $8,631 $634 $3,012
1993 $3,647 $8,209 $605 $2,703
1992 $4,277 $8,129 $631 $2,651
1991 $4,205 $7,274 $831 $2,930
1990 $4,047 $6,878 $867 $2,757
1989 $3,482 - $840 -
1988 $3,656 - $816 -
1987 $3,941 - $726 -
1986 $3,985 - $693 -
1985 $6,212 - $649 -
1984 $6,613 - $757 -
1983 $6,690 - $959 -
1982 $7,091 - $1,096 -
1981 $6,160 - $1,069 -
1980 $5,559 - $949 -
1979 $4,155 - $779 -
1978 $3,258 - $665 -
1977 $2,907 - $677 -
1976 $2,345 - $687 -
1975 $2,319 - $717 -
1974 $1,962 - $674 -
1973 $1,273 - $579 -
1972 $1,067 - $483 -
1971 $894 - $406 -
1970 $829 - $361 -
1969 $795 - $346 -
1968 $783 - $302 -
1967 $797 - $294.4 -
1966 $768 - $278.7 -
1965 $793 - $294.3 -
1964 $780 - $281.9 -
1963 $756 - $277.1 -
1962 $704 - $275.7 -
1961 $678 - $279.2 -
1960 $634 - $276.6 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Trinidad and Tobago's GDP per capita is $18,967, ranking 65/197, compared to $3,021 in Zimbabwe, ranking 146/197. Adjusted for purchasing power (GDP per capita PPP), Trinidad and Tobago ranks 62nd at $36,329, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Trinidad Zimbabwe
Gross domestic product
$25.9B
2025
$51.2B
2025
GDP rank
122/197
2025
95/197
2025
GDP growth
-0.79%
2024-2025
8.11%
2024-2025
GDP per capita
$18,967
2025
$3,021
2025
GDP per capita rank
65/197
2025
146/197
2025
GDP per capita, PPP
$36,329
2024
$5,928
2024
GDP per capita PPP rank
62/197
2024
154/197
2024
Government debt
$21.8B
2025
$22.4B
2025
Debt-to-GDP ratio
84.2%
2025
43.8%
2025
Government debt per person
$15,965
2025
$1,322
2025
Government debt per person rank
43/185
2025
134/185
2025
Average annual personal income after taxes
$10,176
2026
$2,800
2026
Market capitalization of domestic companies
$3.89B
2001
$2.46B
1999
Number of billionaires n/a
1
2026
Income share by richest 10%
29.9%
1992
40.5%
2019
Income share by poorest 10%
2.1%
1992
1.9%
2019
Government expenditure, % of GDP
32.4%
2025
15.5%
2025
Consumer prices inflation
0.99%
2024-2025
81.4%
2024-2025
Central bank interest rate
3.5%
2020
35%
2024
Unemployment rate
4.01%
2024
12.1%
2024
Population
1370916
17443108

Spending and national debt comparison by year

Trinidad and Tobago
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Trinidad Zimbabwe
Government spending Government debt Government spending Government debt
2025 32.4% 84.2% 15.5% 43.8%
2024 32.2% 81.8% 13.7% 70.4%
2023 32.4% 78.2% 21.1% 76.1%
2022 28.3% 69.9% 12.1% 66.8%
2021 31.4% 80.2% 12.4% 39.9%
2020 35.1% 81.6% 8.4% 56.8%
2019 31% 62.9% 7.7% 53.9%
2018 30.2% 58.1% 14.6% 33%
2017 30.9% 57.2% 21.1% 49%
2016 31.2% 53.3% 17% 35.1%
2015 34.1% 43.2% 14.9% 34.1%
2014 33% 37.1% 14.2% 29.2%
2013 31.7% 32.9% 15.2% 26.4%
2012 29.9% 32.9% 14.8% 27.2%
2011 30.4% 39.2% 16.5% 30%
2010 31.5% 28.9% 13.1% 33.2%
2009 33.4% 34.2% 8.02% 39.7%
2008 28.2% 24.6% 2.57% 41.3%
2007 26.8% 29.4% 3.46% 30.2%
2006 34.6% 32.7% 5.79% 26.7%
2005 29.5% 36.6% 10.6% 22.4%
2004 23.3% 43.3% - -
2003 23.5% 52.4% - -
2002 24.6% 58.2% - -
2001 25.2% 54.2% - -
2000 24.1% 52.3% - -
1999 24.8% 55.2% - -
1998 27.3% 47.4% - -
1997 27.4% 51.3% - -
1996 28.2% 51.9% - -
1995 26.7% 57.3% - -
1994 26.5% 64.8% - -
1993 27.3% 59.6% - -
1992 28.8% 49.5% - -
1991 30% 50% - -
1990 27.9% 49.5% - -
1989 30.9% 51.9% - -
1988 45.3% 65.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-07-08).

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

In 2025, Trinidad and Tobago's government spending was $8.39B, accounting for 32.4% of its GDP, while Zimbabwe spent $7.92B, or 15.5% of GDP.

Debt-to-GDP ratio is 84.2% in Trinidad and Tobago and 43.8% in Zimbabwe, ranking 37/185 and 120/185, respectively.

Government deficit by year

Deficit/surplus
Trinidad and Tobago

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Trinidad Zimbabwe
2025 -5.46% 0.08%
2024 -5.92% -0.76%
2023 -1.2% -9.45%
2022 0.96% -1%
2021 -8.39% -1.83%
2020 -11.8% 0.53%
2019 -3.72% -0.06%
2018 -5.89% -4.55%
2017 -10.5% -8.68%
2016 -9.84% -4.99%
2015 -7.37% -1.61%
2014 -4.34% -0.87%
2013 -2.7% -1.21%
2012 -1.28% -0.35%
2011 -0.69% -1.98%
2010 0.14% -0.4%
2009 -4.88% -1.48%
2008 5.7% -1.22%
2007 3.24% -1.71%
2006 -0.3% -1.46%
2005 0.84% -3.58%
2004 1.91% -
2003 1.9% -
2002 -0.2% -
2001 0.62% -
2000 0.18% -
1999 -0.9% -
1998 -1.83% -
1997 0.11% -
1996 -0.46% -
1995 0.17% -
1994 -0.02% -
1993 0.24% -
1992 -2.76% -
1991 -0.21% -
1990 -1.32% -
1989 -4.46% -
1988 -9.34% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-07-08).

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

In 2025, Trinidad and Tobago's government deficit, the difference between spending and revenue, was $1.42B, equivalent to 5.46% of GDP. This compares to Zimbabwe's surplus of $41.9M, or 0.08% of GDP.

Over the past 21 years, Trinidad and Tobago recorded a fiscal deficit in 16 of those years, while Zimbabwe ran a deficit in 19 years. On average, Trinidad and Tobago posted an annual deficit equal to 3.49% of GDP, compared to deficit of 2.22% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Trinidad and Tobago

Zimbabwe
1x
Year Consumer prices inflation
Trinidad Zimbabwe
2025 0.99% 81.4%
2024 0.53% 736%
2023 4.63% 667%
2022 5.83% 193.4%
2021 2.06% 98.5%
2020 0.6% 557%
2019 1% 255.3%
2018 1.02% 10.6%
2017 1.88% 0.9%
2016 3.07% -1.6%
2015 4.66% -2.4%
2014 5.68% -0.2%
2013 5.2% 1.6%
2012 9.26% 3.7%
2011 5.11% 3.5%
2010 10.5% 3%
2009 6.98% 6.2%
2008 12% -
2007 7.89% -
2006 8.33% -
2005 6.87% -
2004 3.72% -
2003 3.81% -
2002 4.15% -
2001 5.54% -
2000 3.56% -
1999 3.44% -
1998 5.61% -
1997 3.63% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2009–2025, retrieved 2026-07-08).

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

Over the past 17 years, Trinidad and Tobago has recorded an average annual inflation rate of 4.06%, compared with 153.8% in Zimbabwe. In 2025, inflation was 0.99% in Trinidad and Tobago and 81.4% in Zimbabwe.

Top exports between countries

Trinidad
Export category Export value
Machinery & equipment $62K
Miscellaneous $13K
Zimbabwe
Export category Export value
Processed food, beverages & tobacco $136K

Balance of trade

Trinidad Zimbabwe
Current account balance
$1.25B
2025
$501M
2024
Current account balance ranking
48/190
2025
59/190
2024
Current account balance, % of GDP
+4.81%
2025
+1.21%
2024
Goods imports
$6.83B
2025
$9.06B
2024
Goods exports
$10.2B
2025
$7.79B
2024
Service imports
$2.8B
2025
$1.66B
2024
Service exports
$1.27B
2025
$457M
2024
Imports of goods and services, % of GDP n/a
23.4%
2024
Exports of goods and services, % of GDP
45%
2026
18.1%
2024

Economic freedom indices

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

Trinidad Zimbabwe
Economic freedom 62.4 35.2
Economic freedom ranking 87/197 190/197
Property rights 47.3 19.4
Government integrity 45.5 20.7
Judicial effectiveness 58.8 16.8
Tax burden 76.1 73.6
Government spending 71.1 93.9
Fiscal health 86.3 52.4
Business freedom 67.1 42
Labor freedom 57.2 33.3
Monetary freedom 81 0
Trade freedom 68.8 50.4
Investment freedom 50 10
Financial freedom 40 10

Economic freedom comparison by year

Trinidad and Tobago
Zimbabwe
1x
Year Economic freedom index
Trinidad Zimbabwe
2026 62.4 35.2
2025 63.6 35.1
2024 60.4 38.2
2023 59.5 39
2022 58.8 33.1
2021 59 39.5
2020 58.3 43.1
2019 57 40.4
2018 57.7 44
2017 61.2 44
2016 62.9 38.2
2015 64.1 37.6
2014 62.7 35.5
2013 62.3 28.6
2012 64.4 26.3
2011 66.5 22.1
2010 65.7 21.4
2009 68 22.7
2008 69.5 29.5
2007 70.6 32
2006 70.4 33.5
2005 71.5 35.2
2004 71.3 34.4
2003 68.8 36.7
2002 70.1 36.7
2001 71.8 38.8
2000 74.5 48.7
1999 72.4 47.2
1998 72 44.6
1997 71.3 48
1996 69.2 46.7
1995 - 48.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Trinidad and Tobago is 62.4, ranking 87/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Trinidad Zimbabwe
Services, % of GDP
59.2%
2024
48.2%
2025
Industry, % of GDP
34.6%
2024
37.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.78%
2024
9.47%
2025
GNI, Atlas method
$25.4B
2025
$45B
2025
GNI per capita, PPP
$36,080
2025
$6,390
2025
Total reserves including gold
$5.6B
2024
$485M
2024
Total reserves ranking
99/177
2024
159/177
2024
Net foreign direct investment
$404M
2025
-$465M
2024
Net inflows of foreign direct investment
-$453M
2024
$465M
2024
Net outflows of foreign direct investment
$527M
2024
$131M
2024
Servicing debt to the IMF, % of GNI n/a
3.44%
2024
Poverty at national poverty lines
20%
2020
38.3%
2019
Gross capital formation, % of GDP
19%
2023
8.85%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.