Adjusted savings: natural resources depletion in Trinidad and Tobago
Trinidad and Tobago: Adjusted savings: natural resources depletion was 6.4% in 2021. ◆ Volatile
Adjusted savings: natural resources depletion in Trinidad and Tobago, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Trinidad and Tobago recorded 6.4% for adjusted savings: natural resources depletion in 2021.
The figure is up 21.8% on the previous year and down 65.0% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Trinidad and Tobago peaked at 32.1% in 1979 and was at its lowest, 2.4%, in 1970.
That places Trinidad and Tobago 45th out of 184 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: natural resources depletion in Trinidad and Tobago, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.4% | — |
| 1971 | 3.2% | +35.0% |
| 1972 | 3.4% | +6.5% |
| 1973 | 6.1% | +80.2% |
| 1974 | 26.9% | +339.4% |
| 1975 | 22.8% | -15.0% |
| 1976 | 23.8% | +4.3% |
| 1977 | 17.7% | -25.7% |
| 1978 | 16.6% | -6.3% |
| 1979 | 32.1% | +94.1% |
| 1980 | 29.0% | -9.7% |
| 1981 | 25.0% | -13.8% |
| 1982 | 8.8% | -64.9% |
| 1983 | 11.3% | +28.2% |
| 1984 | 12.5% | +11.1% |
| 1985 | 13.5% | +7.8% |
| 1986 | 8.7% | -35.8% |
| 1987 | 13.0% | +49.8% |
| 1988 | 10.0% | -22.5% |
| 1989 | 15.6% | +55.7% |
| 1990 | 17.9% | +14.7% |
| 1991 | 10.1% | -43.6% |
| 1992 | 9.5% | -6.4% |
| 1993 | 10.4% | +10.3% |
| 1994 | 9.9% | -5.4% |
| 1995 | 10.5% | +6.1% |
| 1996 | 11.7% | +11.7% |
| 1997 | 10.1% | -14.1% |
| 1998 | 5.0% | -50.3% |
| 1999 | 7.9% | +58.8% |
| 2000 | 10.1% | +27.2% |
| 2001 | 6.7% | -34.1% |
| 2002 | 8.1% | +21.3% |
| 2003 | 8.1% | +0.4% |
| 2004 | 8.1% | -0.6% |
| 2005 | 12.6% | +55.7% |
| 2006 | 14.5% | +15.6% |
| 2007 | 12.4% | -14.2% |
| 2008 | 11.8% | -4.8% |
| 2009 | 12.9% | +9.1% |
| 2010 | 10.7% | -17.4% |
| 2011 | 18.2% | +70.4% |
| 2012 | 15.9% | -12.6% |
| 2013 | 15.7% | -1.5% |
| 2014 | 12.7% | -18.7% |
| 2015 | 6.0% | -52.7% |
| 2016 | 3.6% | -40.8% |
| 2017 | 4.9% | +38.2% |
| 2018 | 9.9% | +99.7% |
| 2019 | 9.8% | -0.3% |
| 2020 | 5.2% | -46.8% |
| 2021 | 6.4% | +21.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 6.4% is above the median for high income countries, which is 0.2%, 25.6× the median. (59 countries reporting)
- Trinidad and Tobago's 6.4% is above the median for Latin America & Caribbean, which is 0.8%, 7.6× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: natural resources depletion in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +339.4% | 6.1% | 26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.5% | 2.4% | 32.1% | 10 |
| 1980s | 14.7% | 8.7% | 29.0% | 10 |
| 1990s | 10.3% | 5.0% | 17.9% | 10 |
| 2000s | 10.5% | 6.7% | 14.5% | 10 |
| 2010s | 10.7% | 3.6% | 18.2% | 10 |
| 2020s | 5.8% | 5.2% | 6.4% | 2 |
Countries ranked near Trinidad and Tobago
- 42 Bolivia, Plurinational State of 6.9% compare
- 43 Togo 6.7% compare
- 44 Iran, Islamic Republic of 6.7% compare
- 46 Australia 6.2% compare
- 47 Turkmenistan 6.2% compare
- 48 Malaysia 6.0% 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: natural resources depletion in Trinidad and Tobago?
- Adjusted savings: natural resources depletion in Trinidad and Tobago was 6.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Trinidad and Tobago?
- The highest recorded value was 32.1% in 1979.
- What is the lowest adjusted savings: natural resources depletion recorded in Trinidad and Tobago?
- The lowest recorded value was 2.4% in 1970.
- How does Trinidad and Tobago rank for adjusted savings: natural resources depletion?
- Trinidad and Tobago ranks 45th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 65.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.