Government of the Republic of Trinidad and Tobago

Media Release: CariCRIS Reaffirms the Sovereign Credit Ratings of the Government of the Republic of Trinidad and Tobago at Investment Grade CariAA

On March 14, 2025, Caribbean Information & Credit Rating Services Limited (CariCRIS), the regional credit rating agency, reaffirmed Trinidad and Tobago’s investment-grade credit rating of CariAA, with a Stable outlook. The Rating Rationale was published on April 25, 2025. This rating is the second highest among Caribbean and Latin American countries, after Chile, reflecting the country’s strong credit fundamentals.

Economic growth is mainly driven by the Non-Energy Sector, supported by structural reforms and targeted development initiatives. According to CariCRIS, “T&T has established a Special Economic Zone (SEZ) regime to stimulate economic growth, attract foreign investment, diversify exports and create new employment opportunities. The country launched a National E-Commerce Strategy 2025-2030 in March 2025 to improve the country’s ease of doing business.”