Trinidad and Tobago Inflation Rate 1960-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Trinidad and Tobago inflation rate for 2018 was 1.02%, a 0.86% decline from 2017.
  • Trinidad and Tobago inflation rate for 2017 was 1.88%, a 1.19% decline from 2016.
  • Trinidad and Tobago inflation rate for 2016 was 3.07%, a 1.59% decline from 2015.
  • Trinidad and Tobago inflation rate for 2015 was 4.66%, a 1.02% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Argentina 34.28%
Uruguay 7.61%
Seychelles 3.70%
Barbados 3.67%
Aruba 3.63%
Estonia 3.44%
UAE 3.07%
Macao 3.01%
Hungary 2.85%
Norway 2.76%
Lithuania 2.70%
Iceland 2.68%
Curacao 2.58%
Latvia 2.53%
Slovak Republic 2.51%
Saudi Arabia 2.46%
United States 2.44%
Chile 2.43%
Hong Kong 2.41%
United Kingdom 2.29%
Canada 2.27%
Bahamas 2.27%
Czech Republic 2.15%
Bahrain 2.08%
Belgium 2.05%
Austria 2.00%
Sweden 1.95%
Australia 1.91%
France 1.85%
Poland 1.81%
Slovenia 1.74%
Germany 1.73%
Netherlands 1.70%
Spain 1.68%
New Zealand 1.60%
Luxembourg 1.53%
Croatia 1.50%
South Korea 1.48%
Cyprus 1.44%
Antigua and Barbuda 1.21%
Malta 1.16%
Italy 1.14%
Finland 1.08%
Brunei 1.03%
Trinidad and Tobago 1.02%
Portugal 0.99%
Japan 0.98%
Switzerland 0.94%
Oman 0.88%
Israel 0.81%
Denmark 0.81%
Panama 0.76%
Greece 0.63%
Kuwait 0.54%
Ireland 0.49%
Singapore 0.44%
Qatar 0.26%
St. Kitts and Nevis -1.04%
Trinidad and Tobago Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2018 1.02% -0.86%
2017 1.88% -1.19%
2016 3.07% -1.59%
2015 4.66% -1.02%
2014 5.68% 0.48%
2013 5.20% -4.06%
2012 9.26% 4.15%
2011 5.11% -5.44%
2010 10.55% 3.57%
2009 6.98% -5.05%
2008 12.03% 4.14%
2007 7.89% -0.44%
2006 8.33% 1.46%
2005 6.87% 3.15%
2004 3.72% -0.09%
2003 3.81% -0.34%
2002 4.15% -1.39%
2001 5.54% 1.98%
2000 3.56% 0.12%
1999 3.44% -2.17%
1998 5.61% 1.99%
1997 3.63% 0.22%
1996 3.40% -1.78%
1995 5.18% -3.63%
1994 8.81% -2.02%
1993 10.84% 4.40%
1992 6.44% 2.66%
1991 3.78% -7.28%
1990 11.06% -0.37%
1989 11.43% 3.67%
1988 7.76% -2.99%
1987 10.75% 3.06%
1986 7.69% 0.07%
1985 7.62% -5.71%
1984 13.33% -1.84%
1983 15.18% 3.54%
1982 11.63% -2.70%
1981 14.33% -3.14%
1980 17.47% 2.75%
1979 14.72% 4.47%
1978 10.26% -1.49%
1977 11.74% 1.05%
1976 10.69% -6.29%
1975 16.98% -5.05%
1974 22.03% 7.21%
1973 14.81% 5.51%
1972 9.30% 5.77%
1971 3.53% 1.01%
1970 2.52% 0.09%
1969 2.44% -5.80%
1968 8.23% 6.10%
1967 2.14% -1.96%
1966 4.09% 2.31%
1965 1.78% 0.92%
1964 0.86% -2.90%
1963 3.76% 0.78%
1962 2.98% 1.46%
1961 1.52% -0.56%
1960 2.08% -0.56%