GDP Deflator — Value US$, 2015 prices in Trinidad and Tobago
Trinidad and Tobago: GDP Deflator — Value US$, 2015 prices was 119.36 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Trinidad and Tobago is 119.36 USD, measured in 2024.
The figure is up 2.0% on the previous year and up 9.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Trinidad and Tobago peaked at 132.77 USD in 2022 and was at its lowest, 12.6 USD, in 1970.
That places Trinidad and Tobago 100th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Trinidad and Tobago, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 12.6 USD | — |
| 1971 | 13.61 USD | +8.0% |
| 1972 | 15.54 USD | +14.2% |
| 1973 | 18.47 USD | +18.8% |
| 1974 | 27.76 USD | +50.3% |
| 1975 | 32.72 USD | +17.9% |
| 1976 | 31.48 USD | -3.8% |
| 1977 | 36.22 USD | +15.1% |
| 1978 | 37.36 USD | +3.2% |
| 1979 | 46.58 USD | +24.7% |
| 1980 | 57.18 USD | +22.8% |
| 1981 | 61.31 USD | +7.2% |
| 1982 | 68.76 USD | +12.2% |
| 1983 | 73.12 USD | +6.3% |
| 1984 | 77.51 USD | +6.0% |
| 1985 | 76.87 USD | -0.8% |
| 1986 | 51.66 USD | -32.8% |
| 1987 | 54.17 USD | +4.9% |
| 1988 | 52.85 USD | -2.4% |
| 1989 | 51.22 USD | -3.1% |
| 1990 | 59.16 USD | +15.5% |
| 1991 | 60.34 USD | +2.0% |
| 1992 | 62.88 USD | +4.2% |
| 1993 | 53.68 USD | -14.6% |
| 1994 | 56.03 USD | +4.4% |
| 1995 | 58.06 USD | +3.6% |
| 1996 | 58.62 USD | +1.0% |
| 1997 | 54.23 USD | -7.5% |
| 1998 | 52.81 USD | -2.6% |
| 1999 | 55.1 USD | +4.3% |
| 2000 | 61.73 USD | +12.0% |
| 2001 | 64.12 USD | +3.9% |
| 2002 | 60.65 USD | -5.4% |
| 2003 | 66.51 USD | +9.7% |
| 2004 | 72.37 USD | +8.8% |
| 2005 | 82.01 USD | +13.3% |
| 2006 | 83.03 USD | +1.3% |
| 2007 | 93.64 USD | +12.8% |
| 2008 | 116.63 USD | +24.6% |
| 2009 | 83.93 USD | -28.0% |
| 2010 | 93.72 USD | +11.7% |
| 2011 | 108.06 USD | +15.3% |
| 2012 | 107.77 USD | -0.3% |
| 2013 | 109.72 USD | +1.8% |
| 2014 | 109.19 USD | -0.5% |
| 2015 | 100 USD | -8.4% |
| 2016 | 95.05 USD | -4.9% |
| 2017 | 100.81 USD | +6.1% |
| 2018 | 101.99 USD | +1.2% |
| 2019 | 100.23 USD | -1.7% |
| 2020 | 97.91 USD | -2.3% |
| 2021 | 113.81 USD | +16.2% |
| 2022 | 132.77 USD | +16.7% |
| 2023 | 117.03 USD | -11.9% |
| 2024 | 119.36 USD | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.23 USD | 12.6 USD | 46.58 USD | 10 |
| 1980s | 62.47 USD | 51.22 USD | 77.51 USD | 10 |
| 1990s | 57.09 USD | 52.81 USD | 62.88 USD | 10 |
| 2000s | 78.46 USD | 60.65 USD | 116.63 USD | 10 |
| 2010s | 102.65 USD | 93.72 USD | 109.72 USD | 10 |
| 2020s | 116.18 USD | 97.91 USD | 132.77 USD | 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)
- GDP (current US$), annual growth rate 1.21 % change on previous year (2025)
- GDP (current US$), per capita 18,967 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.19 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 6.75 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 128,006 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate -0.7876 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8536 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,191 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Trinidad and Tobago?
- Gdp deflator — value us$, 2015 prices in Trinidad and Tobago was 119.36 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 132.77 USD in 2022.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was 12.6 USD in 1970.
- How does Trinidad and Tobago rank for gdp deflator — value us$, 2015 prices?
- Trinidad and Tobago ranks 100th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- 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 US$, 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).