Gross capital formation (current LCU), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Gross capital formation (current LCU), annual growth rate was -2.42 % change on previous year in 2023. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Trinidad and Tobago, 2001–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in Trinidad and Tobago is -2.42 % change on previous year, measured in 2023.
The figure is down 159.7% on the previous year and down 146.6% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Trinidad and Tobago peaked at 81.62 % change on previous year in 2006 and was at its lowest, -29.45 % change on previous year, in 2016.
Trinidad and Tobago ranks 164th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 70.41 % change on previous year | — |
| 2002 | -13.33 % change on previous year | -118.9% |
| 2003 | 40.76 % change on previous year | -405.8% |
| 2004 | -22.42 % change on previous year | -155.0% |
| 2005 | -17.73 % change on previous year | -21.0% |
| 2006 | 81.62 % change on previous year | -560.5% |
| 2007 | 74.7 % change on previous year | -8.5% |
| 2008 | 11.27 % change on previous year | -84.9% |
| 2009 | -5.65 % change on previous year | -150.1% |
| 2010 | -14.22 % change on previous year | +151.9% |
| 2011 | 9.16 % change on previous year | -164.4% |
| 2012 | 1.79 % change on previous year | -80.5% |
| 2013 | 5.2 % change on previous year | +191.2% |
| 2014 | -2.63 % change on previous year | -150.6% |
| 2015 | 17.36 % change on previous year | -759.6% |
| 2016 | -29.45 % change on previous year | -269.6% |
| 2017 | 9.65 % change on previous year | -132.8% |
| 2018 | 9.71 % change on previous year | +0.6% |
| 2019 | -10.26 % change on previous year | -205.7% |
| 2020 | -13.02 % change on previous year | +26.9% |
| 2021 | 14.74 % change on previous year | -213.2% |
| 2022 | -0.9336 % change on previous year | -106.3% |
| 2023 | -2.42 % change on previous year | +159.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.4 % change on previous year | -22.42 % change on previous year | 81.62 % change on previous year | 9 |
| 2010s | -0.3693 % change on previous year | -29.45 % change on previous year | 17.36 % change on previous year | 10 |
| 2020s | -0.4086 % change on previous year | -13.02 % change on previous year | 14.74 % change on previous year | 4 |
Countries ranked near Trinidad and Tobago
- 161 Georgia -2.34 % change on previous year compare
- 162 Dominican Republic -2.38 % change on previous year compare
- 163 Malaysia -2.42 % change on previous year compare
- 165 Solomon Islands -2.67 % change on previous year compare
- 166 Iraq -3.09 % change on previous year compare
- 167 Seychelles -4.66 % 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)
- 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 gross capital formation (current lcu), annual growth rate in Trinidad and Tobago?
- Gross capital formation (current lcu), annual growth rate in Trinidad and Tobago was -2.42 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 81.62 % change on previous year in 2006.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -29.45 % change on previous year in 2016.
- How does Trinidad and Tobago rank for gross capital formation (current lcu), annual growth rate?
- Trinidad and Tobago ranks 164th out of 186 countries with data for 2023.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 146.6%. 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 Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 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 Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
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 Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.