Latin America & Caribbean vs Trinidad and Tobago: Manufacturing, value added
Manufacturing, value added over time
- Latin America & Caribbean
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 7.6% against 0.7% in Latin America & Caribbean, a difference of 6.9%.
That makes Trinidad and Tobago's figure about 10.5 times Latin America & Caribbean's.
The two have swapped places 13 times across 40 shared years of data; in 1985 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 31st and Trinidad and Tobago ranks 32nd of 35 groups.
Across the 5 decades both report, Latin America & Caribbean averaged higher in 3 and Trinidad and Tobago in 2.
Head to head by decade
| Decade | Latin America & Caribbean | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.5% | -6.7% | 9.2% | Latin America & Caribbean |
| 1990s | 2.0% | 5.2% | 3.2% | Trinidad and Tobago |
| 2000s | 1.8% | 8.6% | 6.9% | Trinidad and Tobago |
| 2010s | 1.4% | -1.2% | 2.6% | Latin America & Caribbean |
| 2020s | 0.9% | -0.8% | 1.7% | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Latin America & Caribbean or Trinidad and Tobago?
- Trinidad and Tobago, at 7.6% against 0.7% in Latin America & Caribbean as of 2024.
- What is the difference in manufacturing, value added between Latin America & Caribbean and Trinidad and Tobago?
- 6.9%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Latin America & Caribbean and Trinidad and Tobago?
- 40 years are reported by both, from 1985 to 2024.
- How do Latin America & Caribbean and Trinidad and Tobago rank globally for manufacturing, value added?
- Latin America & Caribbean ranks 31st and Trinidad and Tobago ranks 32nd of 35 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.