The national gross income per capita in Trinidad and Tobago amounted to 21,000 U.S. dollars in 2023. Between 1962 and 2023, the national gross income rose by 20,360 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Trinidad and Tobago TT: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 72.124 % in 2017. This records a decrease from the previous number of 72.145 % for 2016. Trinidad and Tobago TT: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 74.509 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 76.974 % in 2005 and a record low of 72.124 % in 2017. Trinidad and Tobago TT: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in September 2018.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Graph and download economic data for Gross National Income for Trinidad and Tobago (MKTGNITTA646NWDB) from 1960 to 2024 about Trinidad and Tobago, GNI, and income.

Trinidad and Tobago TT: GDP: Gross National Income data was reported at 146,502.700 TTD mn in 2008. This records an increase from the previous number of 131,354.600 TTD mn for 2007. Trinidad and Tobago TT: GDP: Gross National Income data is updated yearly, averaging 12,387.450 TTD mn from Dec 1951 (Median) to 2008, with 58 observations. The data reached an all-time high of 146,502.700 TTD mn in 2008 and a record low of 303.600 TTD mn in 1951. Trinidad and Tobago TT: GDP: Gross National Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

This paper presents new data documenting the cost of salaried labor in 20 Latin American and Caribbean countries. We gather data on the three main costs associated to hiring salaried labor; (i) minimum wages and other monetary benefits, (ii) mandated contributions for social insurance and other benefits and (iii) job security provisions. We present two new indicators. First, we calculate the average non-wage cost of salaried labor (NWC). This indicator answers the following question: for the average wage, what additional share of wages must be satisfied by workers and employers to fulfill all the law mandated non-wage costs of a legal salaried relationship. Our second indicator combines these non-wage costs with the nominal restriction that legal wages cannot be lower than the minimum wage. We calculate the annual dollar value of paying a worker the minimum wage plus all mandated non-wage costs as a share of GDP per worker. This constitutes the minimum cost of salaried labor (MCSL). We highlight seven important facts; (i) The average non-wage cost of salaried labor (NWC) for the region is 49% of wages. (ii) There is a large dispersion across countries like Argentina, Brazil and Peru with costs around 70% of wages and countries like Trinidad and Tobago, Jamaica and Chile with cost less than 40% of wages. (iii) Mandatory contributions are the most important component of the average non-wage cost of salaried labor with 27.3% of wages followed by additional benefits with 13.8% of wages while job security provisions account for another 8.4%. (iv) On average, mandated contributions from employers amount to 17.5% of average annual wages, versus 9.8% of mandated contributions from employees. (v) The minimum cost of salaried labor (MCSL) is on average 39% of GDP per worker. (vi) Variation of the MCSL across countries is even larger. For countries like Mexico, Trinidad and Tobago or the Dominican Republic the MCSL it is below 15% of GDP per worker while the minimum cost of hiring a salaried worker in Honduras is 95% of GDP per capita. (vii) Despite having below average NWC, the five poorest countries in our sample are those presenting the highest MCSL, due to high minimum wages relative to GDP per worker.

Trinidad and Tobago TT: Deposit Takers: Gross Income: Non Interest Income data was reported at 820.941 TTD mn in 2017. This records a decrease from the previous number of 1,220.043 TTD mn for 2016. Trinidad and Tobago TT: Deposit Takers: Gross Income: Non Interest Income data is updated yearly, averaging 683.016 TTD mn from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 1,220.043 TTD mn in 2016 and a record low of 533.753 TTD mn in 2008. Trinidad and Tobago TT: Deposit Takers: Gross Income: Non Interest Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.FSI: Sectoral Financial Statement: Income and Expense: Annual.

Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data was reported at 85.338 % in 2017. This records an increase from the previous number of 85.294 % for 2016. Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data is updated yearly, averaging 83.880 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 85.514 % in 2009 and a record low of 76.566 % in 1994. Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: Female: % of Female Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data was reported at 77.601 % in 2017. This records an increase from the previous number of 77.578 % for 2016. Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data is updated yearly, averaging 77.748 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 79.777 % in 2005 and a record low of 74.411 % in 1993. Trinidad and Tobago TT: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Trinidad and Tobago TT: GDP: Net Primary Income from Abroad data was reported at -5,652.000 TTD mn in 2008. This records an increase from the previous number of -6,072.100 TTD mn for 2007. Trinidad and Tobago TT: GDP: Net Primary Income from Abroad data is updated yearly, averaging -472.550 TTD mn from Dec 1951 (Median) to 2008, with 58 observations. The data reached an all-time high of -21.800 TTD mn in 1952 and a record low of -6,072.100 TTD mn in 2007. Trinidad and Tobago TT: GDP: Net Primary Income from Abroad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Trinidad and Tobago TT: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data was reported at 34.199 USD mn in 2017. This records an increase from the previous number of 13.597 USD mn for 2016. Trinidad and Tobago TT: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data is updated yearly, averaging 13.597 USD mn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 109.400 USD mn in 2007 and a record low of -32.636 USD mn in 2015. Trinidad and Tobago TT: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Gross Income data was reported at 10,239.076 TTD mn in 2024. This records an increase from the previous number of 9,960.717 TTD mn for 2023. Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Gross Income data is updated yearly, averaging 7,859.076 TTD mn from Dec 2008 (Median) to 2024, with 17 observations. The data reached an all-time high of 10,239.076 TTD mn in 2024 and a record low of 5,597.083 TTD mn in 2008. Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Gross Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.FSI: 2019 Methodology: Financial Soundness Indicators: Annual.

Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Non Interest Expenses data was reported at 5,697.082 TTD mn in 2024. This records an increase from the previous number of 5,381.598 TTD mn for 2023. Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Non Interest Expenses data is updated yearly, averaging 4,506.724 TTD mn from Dec 2008 (Median) to 2024, with 17 observations. The data reached an all-time high of 5,697.082 TTD mn in 2024 and a record low of 2,640.799 TTD mn in 2008. Trinidad and Tobago TT: Deposit Takers: Earnings and Profitability: Non Interest Expenses to Gross Income: Non Interest Expenses data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.IMF.FSI: 2019 Methodology: Financial Soundness Indicators: Annual.