Trinidad and Tobago.

Fiscal anchor

Net public debt 70% of GDP statutory ceiling (2007 amendment).

IMF programme status

No active programme; surveillance only

Notes

Central government debt 67.8% of GDP, up from 64.5% in FY2024. Public sector debt reached 84.2% of GDP in FY2025 (from 81.8% in FY2024). IMF staff project an overall fiscal deficit of 5.0% of GDP in FY2026; meeting the authorities’ 2.2% balance target would require additional measures of roughly 2.8% of GDP. The non-energy central government primary deficit widened from 14.2% of non-energy GDP in FY2024 to 14.9% in FY2025. The IMF Staff Concluding Statement (Table 1, 10 February 2026) reports the central government primary balance at -1.9% of GDP for FY2025 (est., October 2024 to September 2025); projected at -1.4% of GDP in FY2026. The figure is on a fiscal-year, central-government basis. The non-energy primary deficit was -14.9% of non-energy GDP in FY2025 and is projected to narrow to -13.6% in FY2026. The IMF Executive Board concluded the 2026 Article IV consultation on 18 May 2026 (Press Release 26/159), confirming central government debt at 67.8% of GDP in FY2025 (rising from 64.5% in FY2024), public sector debt at 84.2% of GDP, real GDP growth of 0.8% in both 2025 and 2026, and a non-energy central government primary deficit of 14.9% of non-energy GDP in FY2025; the Board statement projects the overall fiscal deficit declining to 4.6% of GDP in 2026 from 5.5% in 2025, a modest revision from the staff statement.