Trinidad and Tobago: Military expenditure (% of GDP)
In , Trinidad and Tobago's Military expenditure (% of GDP) was 0.92.
That's down 4.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Trinidad and Tobago ranks #115 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #11 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 0.96
- Trough
- 0.49
- 1-year change
- -4.0%
- 5-year change
- +25.7%
- +4.7% / yr
- 10-year change
- +40.4%
- +3.5% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.9214 | |
| 0.9594 | |
| 0.7656 | |
| 0.8591 | |
| 0.8126 | |
| 0.7331 | |
| 0.6947 | |
| 0.8454 | |
| 0.9143 | |
| 0.7530 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Trinidad and Tobago's Military expenditure (% of GDP) in 2024?
- In 2024, Trinidad and Tobago's Military expenditure (% of GDP) was 0.92, according to World Bank Open Data.
- Is Trinidad and Tobago's Military expenditure (% of GDP) rising or falling?
- Trinidad and Tobago's Military expenditure (% of GDP) fell 4.0% from 2023 to 2024.
- How does Trinidad and Tobago rank globally on Military expenditure (% of GDP)?
- In 2024, Trinidad and Tobago ranked #115 out of 147 countries reporting Military expenditure (% of GDP).
- How does Trinidad and Tobago's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Trinidad and Tobago is below the world average. Within Latin America & Caribbean, it ranks #11 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.