Sovereign Wealth Fund
Trinidad and Tobago's sovereign wealth fund — petroleum revenue inflows, withdrawals, and balance history under the Heritage and Stabilisation Fund Act, 2007.
Current Balance
USD $6.09B
TTD $41.3B
Total Inflows
USD $8.14B
Petroleum + Investment Income
Total Withdrawals
USD $2.54B
Lifetime drawdowns
Last Quarter on Record
FY2024 Q4
30 Sep 2024
End-of-quarter balances, USD. Source: HSF Quarterly Reports.
COVID-19 emergency drawdowns — FY2020–FY2021
USD 979.9M was withdrawn from the HSF in FY2020 to fund the government's emergency pandemic response, authorised under s.15 / s.15A of the Heritage and Stabilisation Fund Act, 2007. A further USD 892.7M was drawn down in FY2021 — roughly USD 1.9B across the two fiscal years. Figures per the audited HSF Annual Report 2020.
Aggregated by fiscal year (Oct–Sep). USD.
Lifetime composition by USD value (absolute).
Every recorded HSF inflow, investment return, withdrawal, and management fee.
Showing of transactions
Methodology & sources
Data sourced from HSF Quarterly Reports published by the Ministry of Finance under s.37 of the Heritage and Stabilisation Fund Act, 2007. All figures are in USD unless stated. TTD conversions use the exchange rate reported in the source document. OpenBudget TT is not affiliated with the Ministry of Finance.
| Date | FY / Q | Type | Amount USD | Amount TTD | Statutory authority | Source |
|---|---|---|---|---|---|---|
| 30 Sep 2024 | FY2024 Q4 | Investment Income | USD $739,418,690 | TTD $5,020,652,905 | s.16 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Jun 2024 | FY2024 Q3 | Withdrawal | -USD $41,716,664 | -TTD $283,256,149 | s.15 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Sep 2023 | FY2023 Q4 | Investment Income | USD $494,627,143 | TTD $3,358,518,301 | s.16 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 31 Dec 2022 | FY2023 Q1 | Petroleum Inflow | USD $183,090,468 | TTD $1,243,184,278 | s.13 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Sep 2022 | FY2022 Q4 | Investment Income | -USD $913,456,918 | -TTD $6,193,237,904 | s.16 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 31 Dec 2021 | FY2022 Q1 | Petroleum Inflow | USD $163,994,499 | TTD $1,111,882,703 | s.13 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Sep 2021 | FY2021 Q4 | Investment Income | USD $624,178,449 | TTD $4,231,929,884 | s.16 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Jun 2021 | FY2021 Q3 | Withdrawal | -USD $892,714,533 | -TTD $6,052,604,534 | s.15 HSF Act 2007 | HSF Annual Report 2024 (audited) |
| 30 Sep 2020 | FY2020 Q4 | Investment Income | USD $457,090,777 | TTD $3,099,075,468 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Jun 2020 | FY2020 Q3 | COVID Withdrawal | -USD $979,853,158 | -TTD $6,643,404,411 | s.15 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2019 | FY2019 Q4 | Investment Income | USD $288,837,111 | TTD $1,958,315,613 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2018 | FY2018 Q4 | Investment Income | USD $203,717,910 | TTD $1,381,207,430 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2017 | FY2017 Q4 | Investment Income | USD $429,475,446 | TTD $2,911,843,524 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 31 Mar 2017 | FY2017 Q2 | Withdrawal | -USD $252,548,048 | -TTD $1,712,275,765 | s.15 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2016 | FY2016 Q4 | Investment Income | USD $305,452,096 | TTD $2,037,365,480 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 31 May 2016 | FY2016 Q3 | Withdrawal | -USD $375,050,860 | -TTD $2,501,589,236 | s.15 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2015 | FY2015 Q4 | Investment Income | USD $120,639,605 | TTD $766,061,492 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2014 | FY2014 Q4 | Investment Income | USD $379,167,024 | TTD $2,419,085,613 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2013 | FY2013 Q4 | Petroleum Inflow | USD $42,519,782 | TTD $272,977,000 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2013 | FY2013 Q4 | Investment Income | USD $399,007,950 | TTD $2,561,631,039 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2012 | FY2012 Q4 | Petroleum Inflow | USD $207,550,846 | TTD $1,332,476,431 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2012 | FY2012 Q4 | Investment Income | USD $420,693,705 | TTD $2,700,853,586 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2011 | FY2011 Q4 | Petroleum Inflow | USD $451,400,519 | TTD $2,897,991,332 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2011 | FY2011 Q4 | Investment Income | USD $9,715,841 | TTD $62,375,699 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2010 | FY2010 Q4 | Petroleum Inflow | USD $477,344,263 | TTD $3,040,682,955 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |