Trinidad and Tobago - Expense

Expense (current LCU)

The value for Expense (current LCU) in Trinidad and Tobago was 50,703,700,000 as of 2018. As the graph below shows, over the past 17 years this indicator reached a maximum value of 58,745,600,000 in 2014 and a minimum value of 13,125,610,000 in 2001.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year	Value
2001	13,125,610,000
2002	14,016,400,000
2003	15,727,900,000
2004	18,920,800,000
2005	22,807,000,000
2006	34,212,500,000
2007	33,570,300,000
2008	46,332,000,000
2009	40,039,600,000
2010	43,366,000,000
2011	44,539,800,000
2012	49,786,700,000
2013	54,175,100,000
2014	58,745,600,000
2015	57,426,800,000
2016	53,384,300,000
2017	53,384,300,000
2018	50,703,700,000

Expense (% of GDP)

Expense (% of GDP) in Trinidad and Tobago was 31.62 as of 2018. Its highest value over the past 17 years was 36.08 in 2015, while its lowest value was 22.10 in 2003.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

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Year	Value
2001	23.86
2002	24.90
2003	22.10
2004	22.62
2005	22.65
2006	29.51
2007	24.51
2008	26.43
2009	33.01
2010	30.70
2011	27.32
2012	30.06
2013	30.84
2014	33.19
2015	36.08
2016	35.76
2017	35.18
2018	31.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance