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Average household budget 2022
Average household budget 2022












To provide detailed data on household expenditure and income. The both surveys would be merged in order to yield better quality expenditure data, while also providing detailed information on health, education, labour and other characteristics of living conditions. However, for the first time in Trinidad and Tobago, The Household Budget Survey would be combined with The Survey of Living Conditions. The next HBS is scheduled to take place in 2023. In accordance with best practices, this survey should be conducted at least every five (5) years. The second survey followed some thirteen years later in 1971/1972 after which, the time span between surveys narrowed considerably, with the other four surveys occurring in 1975/1976, 1981/1982, 19/1998, 2008/2009 respectively. This tradition began as far back as December 1957 when the first survey was conducted. The Central Statistical Office has traditionally conducted Household Budget Surveys (HBS) previously called Household Budgetary Surveys. As a result, these surveys are now a central and strategic component in the work programme of national statistical offices and represent a critical link in the statistical infrastructure.

average household budget 2022

In addition, to this function, data from the survey have become critical in economic and social policy analyses and development planning. Household Budget Surveys are the only truly reliable source of household income and expenditure data, which when combined with other information that is collected produces a rich source of socio-economic data.














Average household budget 2022