GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Trinidad and Tobago
Trinidad and Tobago: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.99 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Trinidad and Tobago, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Trinidad and Tobago is 1.99 % change on previous year, measured in 2024.
Compared with earlier readings it is up 116.7% on the previous year and up 299.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Trinidad and Tobago peaked at 57.54 % change on previous year in 1974 and was at its lowest, -27.63 % change on previous year, in 2009.
That places Trinidad and Tobago 158th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.62 % change on previous year | — |
| 1972 | 11.14 % change on previous year | +68.2% |
| 1973 | 21.15 % change on previous year | +89.9% |
| 1974 | 57.54 % change on previous year | +172.0% |
| 1975 | 24.59 % change on previous year | -57.3% |
| 1976 | 7.98 % change on previous year | -67.6% |
| 1977 | 13.37 % change on previous year | +67.6% |
| 1978 | 3.16 % change on previous year | -76.4% |
| 1979 | 24.68 % change on previous year | +681.9% |
| 1980 | 22.77 % change on previous year | -7.7% |
| 1981 | 7.21 % change on previous year | -68.3% |
| 1982 | 12.16 % change on previous year | +68.6% |
| 1983 | 6.34 % change on previous year | -47.9% |
| 1984 | 6.01 % change on previous year | -5.2% |
| 1985 | 1.24 % change on previous year | -79.4% |
| 1986 | -1.25 % change on previous year | -200.5% |
| 1987 | 4.85 % change on previous year | -488.9% |
| 1988 | 4.16 % change on previous year | -14.3% |
| 1989 | 7.18 % change on previous year | +72.6% |
| 1990 | 15.5 % change on previous year | +115.9% |
| 1991 | 2 % change on previous year | -87.1% |
| 1992 | 4.19 % change on previous year | +109.9% |
| 1993 | 7.5 % change on previous year | +78.7% |
| 1994 | 15.57 % change on previous year | +107.7% |
| 1995 | 4.02 % change on previous year | -74.2% |
| 1996 | 1.94 % change on previous year | -51.8% |
| 1997 | -3.7 % change on previous year | -290.7% |
| 1998 | -1.89 % change on previous year | -49.0% |
| 1999 | 4.35 % change on previous year | -330.5% |
| 2000 | 12.04 % change on previous year | +177.0% |
| 2001 | 2.79 % change on previous year | -76.9% |
| 2002 | -5.19 % change on previous year | -286.0% |
| 2003 | 10.48 % change on previous year | -302.0% |
| 2004 | 8.88 % change on previous year | -15.2% |
| 2005 | 13.32 % change on previous year | +49.9% |
| 2006 | 1.45 % change on previous year | -89.1% |
| 2007 | 13.06 % change on previous year | +797.7% |
| 2008 | 23.79 % change on previous year | +82.2% |
| 2009 | -27.63 % change on previous year | -216.1% |
| 2010 | 12.56 % change on previous year | -145.4% |
| 2011 | 15.91 % change on previous year | +26.7% |
| 2012 | 0.0525 % change on previous year | -99.7% |
| 2013 | 2.01 % change on previous year | +3724.3% |
| 2014 | -0.997 % change on previous year | -149.7% |
| 2015 | -8.87 % change on previous year | +789.5% |
| 2016 | -0.6024 % change on previous year | -93.2% |
| 2017 | 7.81 % change on previous year | -1397.2% |
| 2018 | 1.04 % change on previous year | -86.7% |
| 2019 | -1.96 % change on previous year | -288.9% |
| 2020 | -2.36 % change on previous year | +20.2% |
| 2021 | 16.37 % change on previous year | -793.8% |
| 2022 | 16.58 % change on previous year | +1.3% |
| 2023 | -11.9 % change on previous year | -171.8% |
| 2024 | 1.99 % change on previous year | -116.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 1.99 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 70% of the median. (68 countries reporting)
- Trinidad and Tobago's 1.99 % change on previous year is below the median for Latin America & Caribbean, which is 3.66 % change on previous year, 54% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2013 | +3724.3% | 0.0525 % change on previous year | 2.01 % change on previous year |
| 2017 | +1397.2% | -0.6024 % change on previous year | 7.81 % change on previous year |
| 2007 | +797.7% | 1.45 % change on previous year | 13.06 % change on previous year |
| 2015 | -789.5% | -0.997 % change on previous year | -8.87 % change on previous year |
| 2021 | +793.8% | -2.36 % change on previous year | 16.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.91 % change on previous year | 3.16 % change on previous year | 57.54 % change on previous year | 9 |
| 1980s | 7.07 % change on previous year | -1.25 % change on previous year | 22.77 % change on previous year | 10 |
| 1990s | 4.95 % change on previous year | -3.7 % change on previous year | 15.57 % change on previous year | 10 |
| 2000s | 5.3 % change on previous year | -27.63 % change on previous year | 23.79 % change on previous year | 10 |
| 2010s | 2.7 % change on previous year | -8.87 % change on previous year | 15.91 % change on previous year | 10 |
| 2020s | 4.13 % change on previous year | -11.9 % change on previous year | 16.58 % change on previous year | 5 |
Countries ranked near Trinidad and Tobago
- 155 San Marino 2.25 % change on previous year compare
- 156 Italy 2.11 % change on previous year compare
- 157 Kiribati 2.02 % change on previous year compare
- 159 Belgium 1.94 % change on previous year compare
- 160 Greenland 1.93 % change on previous year compare
- 161 Jordan 1.9 % change on previous year 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 gdp deflator — value standard local currency, 2015 prices, annual in Trinidad and Tobago?
- Gdp deflator — value standard local currency, 2015 prices, annual in Trinidad and Tobago was 1.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Trinidad and Tobago?
- The highest recorded value was 57.54 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Trinidad and Tobago?
- The lowest recorded value was -27.63 % change on previous year in 2009.
- How does Trinidad and Tobago rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Trinidad and Tobago ranks 158th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 299.1%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.