Ecuador vs Trinidad and Tobago: Services, value added
Services, value added over time
- Ecuador
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 84.83 billion constant LCU against 71.16 billion constant LCU in Ecuador, a difference of 13.67 billion constant LCU.
That makes Trinidad and Tobago's figure about 1.2 times Ecuador's.
Across all 41 years both countries report, Trinidad and Tobago has been ahead every year.
Ecuador ranks 128th and Trinidad and Tobago ranks 126th of 197 countries.
Trinidad and Tobago has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Ecuador | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 20.99 billion constant LCU | 37.67 billion constant LCU | 16.67 billion constant LCU | Trinidad and Tobago |
| 1990s | 25.32 billion constant LCU | 35.99 billion constant LCU | 10.67 billion constant LCU | Trinidad and Tobago |
| 2000s | 32.84 billion constant LCU | 58.40 billion constant LCU | 25.56 billion constant LCU | Trinidad and Tobago |
| 2010s | 55.50 billion constant LCU | 85.67 billion constant LCU | 30.17 billion constant LCU | Trinidad and Tobago |
| 2020s | 65.38 billion constant LCU | 81.87 billion constant LCU | 16.49 billion constant LCU | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Ecuador or Trinidad and Tobago?
- Trinidad and Tobago, at 84.83 billion constant LCU against 71.16 billion constant LCU in Ecuador as of 2024.
- What is the difference in services, value added between Ecuador and Trinidad and Tobago?
- 13.67 billion constant LCU, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Ecuador and Trinidad and Tobago?
- 41 years are reported by both, from 1984 to 2024.
- How do Ecuador and Trinidad and Tobago rank globally for services, value added?
- Ecuador ranks 128th and Trinidad and Tobago ranks 126th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.