Divergence of GDP per capita among latecomers to the capitalist revolution in Trinidad and Tobago
Trinidad and Tobago: Divergence of GDP per capita among latecomers to the capitalist revolution was 28,549 2011$ in 2018. ▲ Rising
Divergence of GDP per capita among latecomers to the capitalist revolution in Trinidad and Tobago, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Trinidad and Tobago is 28,549 2011$, measured in 2018.
The figure is down 9.2% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Trinidad and Tobago peaked at 31,434 2011$ in 2008 and was at its lowest, 5,856 2011$, in 1950.
That places Trinidad and Tobago 34th out of 145 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently rising across the 69 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Trinidad and Tobago, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 5,856 2011$ | — |
| 1951 | 6,207 2011$ | +6.0% |
| 1952 | 6,282 2011$ | +1.2% |
| 1953 | 6,303 2011$ | +0.3% |
| 1954 | 6,239 2011$ | -1.0% |
| 1955 | 6,880 2011$ | +10.3% |
| 1956 | 8,064 2011$ | +17.2% |
| 1957 | 8,518 2011$ | +5.6% |
| 1958 | 8,941 2011$ | +5.0% |
| 1959 | 9,154 2011$ | +2.4% |
| 1960 | 9,964 2011$ | +8.8% |
| 1961 | 10,155 2011$ | +1.9% |
| 1962 | 10,383 2011$ | +2.2% |
| 1963 | 10,708 2011$ | +3.1% |
| 1964 | 10,841 2011$ | +1.2% |
| 1965 | 11,206 2011$ | +3.4% |
| 1966 | 11,531 2011$ | +2.9% |
| 1967 | 11,679 2011$ | +1.3% |
| 1968 | 12,248 2011$ | +4.9% |
| 1969 | 12,588 2011$ | +2.8% |
| 1970 | 13,141 2011$ | +4.4% |
| 1971 | 13,185 2011$ | +0.3% |
| 1972 | 13,753 2011$ | +4.3% |
| 1973 | 13,844 2011$ | +0.7% |
| 1974 | 14,430 2011$ | +4.2% |
| 1975 | 14,534 2011$ | +0.7% |
| 1976 | 15,696 2011$ | +8.0% |
| 1977 | 16,412 2011$ | +4.6% |
| 1978 | 18,042 2011$ | +9.9% |
| 1979 | 18,568 2011$ | +2.9% |
| 1980 | 19,734 2011$ | +6.3% |
| 1981 | 20,298 2011$ | +2.9% |
| 1982 | 18,771 2011$ | -7.5% |
| 1983 | 16,982 2011$ | -9.5% |
| 1984 | 17,680 2011$ | +4.1% |
| 1985 | 16,671 2011$ | -5.7% |
| 1986 | 15,871 2011$ | -4.8% |
| 1987 | 14,929 2011$ | -5.9% |
| 1988 | 14,198 2011$ | -4.9% |
| 1989 | 13,970 2011$ | -1.6% |
| 1990 | 14,112 2011$ | +1.0% |
| 1991 | 14,061 2011$ | -0.4% |
| 1992 | 14,196 2011$ | +1.0% |
| 1993 | 13,746 2011$ | -3.2% |
| 1994 | 13,351 2011$ | -2.9% |
| 1995 | 14,188 2011$ | +6.3% |
| 1996 | 15,004 2011$ | +5.8% |
| 1997 | 15,932 2011$ | +6.2% |
| 1998 | 17,014 2011$ | +6.8% |
| 1999 | 18,160 2011$ | +6.7% |
| 2000 | 19,180 2011$ | +5.6% |
| 2001 | 19,737 2011$ | +2.9% |
| 2002 | 21,052 2011$ | +6.7% |
| 2003 | 23,814 2011$ | +13.1% |
| 2004 | 25,403 2011$ | +6.7% |
| 2005 | 26,652 2011$ | +4.9% |
| 2006 | 29,792 2011$ | +11.8% |
| 2007 | 30,806 2011$ | +3.4% |
| 2008 | 31,434 2011$ | +2.0% |
| 2009 | 29,658 2011$ | -5.7% |
| 2010 | 30,236 2011$ | +2.0% |
| 2011 | 29,745 2011$ | -1.6% |
| 2012 | 30,157 2011$ | +1.4% |
| 2013 | 30,987 2011$ | +2.8% |
| 2014 | 30,842 2011$ | -0.5% |
| 2015 | 30,702 2011$ | -0.5% |
| 2016 | 29,178 2011$ | -5.0% |
| 2017 | 28,556 2011$ | -2.1% |
| 2018 | 28,549 2011$ | -0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 28,549 2011$ is below the median for high income countries, which is 35,336 2011$, 81% of the median. (51 countries reporting)
- Trinidad and Tobago's 28,549 2011$ is above the median for Latin America & Caribbean, which is 12,153 2011$, 2.3× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 7,244 2011$ | 5,856 2011$ | 9,154 2011$ | 10 |
| 1960s | 11,130 2011$ | 9,964 2011$ | 12,588 2011$ | 10 |
| 1970s | 15,160 2011$ | 13,141 2011$ | 18,568 2011$ | 10 |
| 1980s | 16,910 2011$ | 13,970 2011$ | 20,298 2011$ | 10 |
| 1990s | 14,976 2011$ | 13,351 2011$ | 18,160 2011$ | 10 |
| 2000s | 25,753 2011$ | 19,180 2011$ | 31,434 2011$ | 10 |
| 2010s | 29,884 2011$ | 28,549 2011$ | 30,987 2011$ | 9 |
Countries ranked near Trinidad and Tobago
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$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Trinidad and Tobago?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Trinidad and Tobago was 28,549 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Trinidad and Tobago?
- The highest recorded value was 31,434 2011$ in 2008.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Trinidad and Tobago?
- The lowest recorded value was 5,856 2011$ in 1950.
- How does Trinidad and Tobago rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Trinidad and Tobago ranks 34th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]