Adjusted savings: consumption of fixed capital in Trinidad and Tobago
Trinidad and Tobago: Adjusted savings: consumption of fixed capital was 8.7% in 2021. ▲ Rising
Adjusted savings: consumption of fixed capital in Trinidad and Tobago, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: consumption of fixed capital in Trinidad and Tobago stood at 8.7%.
That represents a change of down 14.2% on the previous year and down 51.6% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Trinidad and Tobago peaked at 19.2% in 2012 and was at its lowest, 5.8%, in 1981.
That places Trinidad and Tobago 153rd out of 204 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: consumption of fixed capital in Trinidad and Tobago, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 10.2% | — |
| 1971 | 10.7% | +4.9% |
| 1972 | 12.9% | +20.4% |
| 1973 | 9.5% | -26.0% |
| 1974 | 9.0% | -5.0% |
| 1975 | 6.2% | -31.1% |
| 1976 | 8.7% | +39.1% |
| 1977 | 9.6% | +10.5% |
| 1978 | 7.3% | -23.4% |
| 1979 | 6.8% | -7.8% |
| 1980 | 6.0% | -11.8% |
| 1981 | 5.8% | -2.2% |
| 1982 | 6.0% | +2.8% |
| 1983 | 7.8% | +30.2% |
| 1984 | 8.9% | +13.7% |
| 1985 | 9.3% | +4.5% |
| 1986 | 11.3% | +22.2% |
| 1987 | 12.5% | +10.1% |
| 1988 | 12.6% | +1.2% |
| 1989 | 13.0% | +2.7% |
| 1990 | 11.3% | -12.6% |
| 1991 | 12.6% | +11.1% |
| 1992 | 13.5% | +7.1% |
| 1993 | 12.6% | -6.8% |
| 1994 | 12.5% | -0.9% |
| 1995 | 10.7% | -14.3% |
| 1996 | 13.1% | +23.1% |
| 1997 | 12.5% | -5.3% |
| 1998 | 12.7% | +1.7% |
| 1999 | 13.0% | +2.3% |
| 2000 | 12.9% | -0.3% |
| 2001 | 13.1% | +1.1% |
| 2002 | 13.1% | +0.5% |
| 2003 | 15.0% | +14.0% |
| 2004 | 11.7% | -21.8% |
| 2005 | 12.9% | +9.7% |
| 2006 | 14.0% | +8.8% |
| 2007 | 13.2% | -5.5% |
| 2008 | 10.8% | -18.0% |
| 2009 | 15.2% | +40.2% |
| 2010 | 16.3% | +7.2% |
| 2011 | 17.9% | +9.7% |
| 2012 | 19.2% | +7.6% |
| 2013 | 15.9% | -17.2% |
| 2014 | 11.2% | -29.8% |
| 2015 | 10.5% | -5.8% |
| 2016 | 13.7% | +29.7% |
| 2017 | 12.5% | -8.8% |
| 2018 | 11.0% | -11.5% |
| 2019 | 10.8% | -2.0% |
| 2020 | 10.1% | -6.7% |
| 2021 | 8.7% | -14.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 8.7% is below the median for high income countries, which is 15.2%, 57% of the median. (73 countries reporting)
- Trinidad and Tobago's 8.7% is below the median for Latin America & Caribbean, which is 11.8%, 73% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.1% | 6.2% | 12.9% | 10 |
| 1980s | 9.3% | 5.8% | 13.0% | 10 |
| 1990s | 12.4% | 10.7% | 13.5% | 10 |
| 2000s | 13.2% | 10.8% | 15.2% | 10 |
| 2010s | 13.9% | 10.5% | 19.2% | 10 |
| 2020s | 9.4% | 8.7% | 10.1% | 2 |
Countries ranked near Trinidad and Tobago
- 150 Tonga 8.7% compare
- 151 Solomon Islands 8.7% compare
- 152 Azerbaijan 8.7% compare
- 154 Burkina Faso 8.6% compare
- 155 Macau, China 8.6% compare
- 156 Samoa 8.4% compare
More economy & growth data for Trinidad and Tobago
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.79 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Trinidad and Tobago?
- Adjusted savings: consumption of fixed capital in Trinidad and Tobago was 8.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Trinidad and Tobago?
- The highest recorded value was 19.2% in 2012.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Trinidad and Tobago?
- The lowest recorded value was 5.8% in 1981.
- How does Trinidad and Tobago rank for adjusted savings: consumption of fixed capital?
- Trinidad and Tobago ranks 153rd out of 204 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 51.6%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.