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$, 2015 prices in Trinidad and Tobago peaked at 132.77 USD in 2022 and was at its lowest, 12.6 USD, in 1970.
That places Trinidad and Tobago 106th out of 222 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 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% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 119.36 USD is below the median for high income countries, which is 121.8 USD, 98% of the median. (68 countries reporting)
- Trinidad and Tobago's 119.36 USD is below the median for Latin America & Caribbean, which is 120.84 USD, 99% of the median. (37 countries reporting)
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
- Real gdp growth, annual growth rate 71.15 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 785.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 573.82 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (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$, 2015 prices?
- Trinidad and Tobago ranks 106th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).