Trinidad and Tobago Inflation Rate 1960-2024
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 2022 was 5.83%, a 3.77% increase from 2021.
- Trinidad and Tobago inflation rate for 2021 was 2.06%, a 1.46% increase from 2020.
- Trinidad and Tobago inflation rate for 2020 was 0.60%, a 0.4% decline from 2019.
- Trinidad and Tobago inflation rate for 2019 was 1.00%, a 0.02% decline from 2018.
| Trinidad and Tobago Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 5.83% | 3.77% |
| 2021 | 2.06% | 1.46% |
| 2020 | 0.60% | -0.40% |
| 2019 | 1.00% | -0.02% |
| 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% |