# Trinidad and Tobago - Inflation

## Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Trinidad and Tobago was 4.66 as of 2015. As the graph below shows, over the past 55 years this indicator reached a maximum value of 22.02 in 1974 and a minimum value of 0.86 in 1964.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 2.08
1961 1.52
1962 2.98
1963 3.76
1964 0.86
1965 1.78
1966 4.09
1967 2.14
1968 8.23
1969 2.44
1970 2.52
1971 3.53
1972 9.30
1973 14.81
1974 22.02
1975 16.98
1976 10.69
1977 11.74
1978 10.26
1979 14.72
1980 17.47
1981 14.33
1982 11.63
1983 15.18
1984 13.33
1985 7.62
1986 7.69
1987 10.75
1988 7.76
1989 11.43
1990 11.06
1991 3.78
1992 6.44
1993 10.84
1994 8.81
1995 5.18
1996 3.40
1997 3.63
1998 5.61
1999 3.44
2000 3.56
2001 5.54
2002 4.14
2003 3.81
2004 3.72
2005 6.89
2006 8.32
2007 7.89
2008 12.05
2009 6.97
2010 10.55
2011 5.10
2012 9.27
2013 5.20
2014 5.68
2015 4.66

## Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Trinidad and Tobago was 4.53 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 57.51 in 1974 and a minimum value of -27.63 in 2009.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -4.24
1962 3.05
1963 3.70
1964 -2.48
1965 2.75
1966 -5.57
1967 4.61
1968 8.92
1969 -0.05
1970 1.87
1971 6.64
1972 11.11
1973 21.18
1974 57.51
1975 24.57
1976 8.00
1977 13.34
1978 3.16
1979 24.71
1980 36.95
1981 7.59
1982 12.15
1983 6.34
1984 6.01
1985 1.24
1986 -1.25
1987 4.85
1988 4.16
1989 7.18
1990 15.49
1991 -0.01
1992 3.92
1993 10.06
1994 15.45
1995 4.02
1996 1.94
1997 -3.69
1998 -1.85
1999 4.30
2000 11.36
2001 2.79
2002 -5.19
2003 10.48
2004 8.88
2005 13.32
2006 1.73
2007 12.75
2008 23.79
2009 -27.63
2010 10.69
2011 16.64
2012 -0.34
2013 9.21
2014 4.53

## Classification

Sub-Topic: Exchange rates & prices