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USD 979.9M was withdrawn from the HSF in FY2020 to fund the government's emergency pandemic response, authorised under s.15 / s.15A of the Heritage and Stabilisation Fund Act, 2007.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 2010 | FY2010 Q4 | Investment Income | USD $177,645,460 | TTD $1,131,601,580 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2009 | FY2009 Q4 | Investment Income | USD $76,248,691 | TTD $484,179,188 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2008 | FY2008 Q4 | Investment Income | USD $68,412,770 | TTD $430,316,323 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2008 | FY2008 Q4 | Petroleum Inflow | USD $1,054,174,457 | TTD $6,630,757,335 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2007 | FY2007 Q4 | Petroleum Inflow | USD $321,706,043 | TTD $2,026,748,071 | s.13 HSF Act 2007 | HSF Annual Report 2020 (audited) |
| 30 Sep 2007 | FY2007 Q4 | Investment Income | USD $41,966,361 | TTD $264,388,074 | s.16 HSF Act 2007 | HSF Annual Report 2020 (audited) |