World Bank report: T&T economy to decline in 2026
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Finance
October 7, 2026
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The Trinidad and Tobago economy declined by 0.5 per cent in 2025 and is predicted to decline again this year, by 0.2 per cent, according to the World Bank Group’s Latin America and the Caribbean Economic Update.
The report, which was issued yesterday and headlined “Harnessing the AI Transition,” forecast that the T&T economy will grow by 2.5 per cent in 2027.
The average growth rate for the Latin America and the Caribbean (LAC) region is projected to be 2.2 per cent this year, broadly in line with the rate of 2.4 per cent recorded in 2025.
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