What would a basic income cost in Trinidad and Tobago?
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Total cost per year
5.74 billion Trinidad and Tobago dollars
about 851 million US dollars
1.37 million people × 350 Trinidad and Tobago dollars a month × 12 months
Compared with
- GDP (nominal) (2025)3.3%
Trinidad and Tobago in numbers
Trinidad and Tobago has a population of 1.37 million (2025) and a GDP of 175 billion Trinidad and Tobago dollars (about 25.9 billion US dollars) in 2025.
Paying everyone 350 Trinidad and Tobago dollars a month would cost 5.74 billion Trinidad and Tobago dollars a year (about 851 million US dollars), or 3.3% of GDP. The World Bank has no recent central government expense or tax figures for Trinidad and Tobago, so only GDP is compared.
Children only (under 18: 321,543) would cost 1.35 billion Trinidad and Tobago dollars a year (0.77% of GDP); adults only (18 and over: 1.05 million), 4.39 billion Trinidad and Tobago dollars (2.5%).
Default amount: 350 Trinidad and Tobago dollars a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Trinidad and Tobago dollars with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.