GDP Deflator — Value Standard Local Currency, 2015 prices in Trinidad and Tobago
Trinidad and Tobago: GDP Deflator — Value Standard Local Currency, 2015 prices was 126.33 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Trinidad and Tobago recorded 126.33 SLC for gdp deflator — value standard local currency, 2015 prices in 2024.
The figure is up 2.0% on the previous year and up 15.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Trinidad and Tobago peaked at 140.62 SLC in 2022 and was at its lowest, 3.95 SLC, in 1970.
That places Trinidad and Tobago 125th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 3.95 SLC | — |
| 1971 | 4.21 SLC | +6.6% |
| 1972 | 4.68 SLC | +11.1% |
| 1973 | 5.67 SLC | +21.2% |
| 1974 | 8.94 SLC | +57.5% |
| 1975 | 11.13 SLC | +24.6% |
| 1976 | 12.02 SLC | +8.0% |
| 1977 | 13.63 SLC | +13.4% |
| 1978 | 14.06 SLC | +3.2% |
| 1979 | 17.53 SLC | +24.7% |
| 1980 | 21.52 SLC | +22.8% |
| 1981 | 23.07 SLC | +7.2% |
| 1982 | 25.88 SLC | +12.2% |
| 1983 | 27.52 SLC | +6.3% |
| 1984 | 29.17 SLC | +6.0% |
| 1985 | 29.53 SLC | +1.2% |
| 1986 | 29.16 SLC | -1.2% |
| 1987 | 30.58 SLC | +4.9% |
| 1988 | 31.85 SLC | +4.2% |
| 1989 | 34.14 SLC | +7.2% |
| 1990 | 39.43 SLC | +15.5% |
| 1991 | 40.21 SLC | +2.0% |
| 1992 | 41.9 SLC | +4.2% |
| 1993 | 45.04 SLC | +7.5% |
| 1994 | 52.05 SLC | +15.6% |
| 1995 | 54.15 SLC | +4.0% |
| 1996 | 55.2 SLC | +1.9% |
| 1997 | 53.16 SLC | -3.7% |
| 1998 | 52.15 SLC | -1.9% |
| 1999 | 54.42 SLC | +4.3% |
| 2000 | 60.97 SLC | +12.0% |
| 2001 | 62.67 SLC | +2.8% |
| 2002 | 59.42 SLC | -5.2% |
| 2003 | 65.65 SLC | +10.5% |
| 2004 | 71.48 SLC | +8.9% |
| 2005 | 81.01 SLC | +13.3% |
| 2006 | 82.18 SLC | +1.5% |
| 2007 | 92.91 SLC | +13.1% |
| 2008 | 115.02 SLC | +23.8% |
| 2009 | 83.24 SLC | -27.6% |
| 2010 | 93.69 SLC | +12.6% |
| 2011 | 108.6 SLC | +15.9% |
| 2012 | 108.66 SLC | +0.1% |
| 2013 | 110.84 SLC | +2.0% |
| 2014 | 109.73 SLC | -1.0% |
| 2015 | 100 SLC | -8.9% |
| 2016 | 99.4 SLC | -0.6% |
| 2017 | 107.17 SLC | +7.8% |
| 2018 | 108.28 SLC | +1.0% |
| 2019 | 106.15 SLC | -2.0% |
| 2020 | 103.65 SLC | -2.4% |
| 2021 | 120.61 SLC | +16.4% |
| 2022 | 140.62 SLC | +16.6% |
| 2023 | 123.88 SLC | -11.9% |
| 2024 | 126.33 SLC | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.58 SLC | 3.95 SLC | 17.53 SLC | 10 |
| 1980s | 28.24 SLC | 21.52 SLC | 34.14 SLC | 10 |
| 1990s | 48.77 SLC | 39.43 SLC | 55.2 SLC | 10 |
| 2000s | 77.46 SLC | 59.42 SLC | 115.02 SLC | 10 |
| 2010s | 105.25 SLC | 93.69 SLC | 110.84 SLC | 10 |
| 2020s | 123.02 SLC | 103.65 SLC | 140.62 SLC | 5 |
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)
- Gross fixed capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Trinidad and Tobago?
- Gdp deflator — value standard local currency, 2015 prices in Trinidad and Tobago was 126.33 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 140.62 SLC in 2022.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was 3.95 SLC in 1970.
- How does Trinidad and Tobago rank for gdp deflator — value standard local currency, 2015 prices?
- Trinidad and Tobago ranks 125th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).