Inflation Trinidad and Tobago 2021
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in October at 3.9%. The lowest inflation was in February at 0.8%.
- Highest month
- October: 3.9%
- Lowest month
- February: 0.8%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.2%. The lowest price increase was in Energy with an average of 0.0%.
- Highest increase
- Food: 7.2%
- Lowest increase
- Energy: 0.0%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 1.3%.
- 5-year average
- 1.3%
- 10-year average
- 3.5%
- All-time high (2008)
- 12%
- All-time low (2020)
- 0.6%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.5 percentage point.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- October: +3.2 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 0.9% | +0.5 |
| February | 0.8% | +0.3 |
| March | 0.8% | +0.4 |
| April | 1.1% | +0.4 |
| May | 1.4% | +0.8 |
| June | 1.8% | +1.2 |
| July | 2.2% | +1.8 |
| August | 2.2% | +1.7 |
| September | 2.4% | +1.7 |
| October | 3.9% | +3.2 |
| November | 3.6% | +2.7 |
| December | 3.5% | +2.7 |
| Average | 2.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.