Gross capital formation (current LCU), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Gross capital formation (current LCU), per unit of GDP was 1.28 current LCU per US$ of GDP in 2023. ▬ Flat
Gross capital formation (current LCU), per unit of GDP in Trinidad and Tobago, 2000–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Trinidad and Tobago is 1.28 current LCU per US$ of GDP, measured in 2023.
The figure is up 10.5% on the previous year and down 4.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Trinidad and Tobago peaked at 1.99 current LCU per US$ of GDP in 2009 and was at its lowest, 0.7159 current LCU per US$ of GDP, in 2005.
That places Trinidad and Tobago 110th out of 187 countries with data for 2023, putting it in the middle of the range.
Gross capital formation (current LCU), per unit of GDP in Trinidad and Tobago, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.06 current LCU per US$ of GDP | — |
| 2001 | 1.67 current LCU per US$ of GDP | +57.5% |
| 2002 | 1.41 current LCU per US$ of GDP | -15.1% |
| 2003 | 1.59 current LCU per US$ of GDP | +12.2% |
| 2004 | 1.05 current LCU per US$ of GDP | -34.0% |
| 2005 | 0.7159 current LCU per US$ of GDP | -31.6% |
| 2006 | 1.13 current LCU per US$ of GDP | +58.0% |
| 2007 | 1.68 current LCU per US$ of GDP | +48.3% |
| 2008 | 1.45 current LCU per US$ of GDP | -13.6% |
| 2009 | 1.99 current LCU per US$ of GDP | +37.2% |
| 2010 | 1.48 current LCU per US$ of GDP | -25.8% |
| 2011 | 1.4 current LCU per US$ of GDP | -4.9% |
| 2012 | 1.34 current LCU per US$ of GDP | -4.6% |
| 2013 | 1.34 current LCU per US$ of GDP | -0.0% |
| 2014 | 1.26 current LCU per US$ of GDP | -5.7% |
| 2015 | 1.63 current LCU per US$ of GDP | +28.9% |
| 2016 | 1.3 current LCU per US$ of GDP | -19.8% |
| 2017 | 1.42 current LCU per US$ of GDP | +8.7% |
| 2018 | 1.55 current LCU per US$ of GDP | +9.5% |
| 2019 | 1.42 current LCU per US$ of GDP | -8.7% |
| 2020 | 1.38 current LCU per US$ of GDP | -2.2% |
| 2021 | 1.37 current LCU per US$ of GDP | -1.1% |
| 2022 | 1.16 current LCU per US$ of GDP | -15.3% |
| 2023 | 1.28 current LCU per US$ of GDP | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.37 current LCU per US$ of GDP | 0.7159 current LCU per US$ of GDP | 1.99 current LCU per US$ of GDP | 10 |
| 2010s | 1.41 current LCU per US$ of GDP | 1.26 current LCU per US$ of GDP | 1.63 current LCU per US$ of GDP | 10 |
| 2020s | 1.3 current LCU per US$ of GDP | 1.16 current LCU per US$ of GDP | 1.38 current LCU per US$ of GDP | 4 |
Countries ranked near Trinidad and Tobago
- 107 Ghana 1.41 current LCU per US$ of GDP compare
- 108 Turkmenistan 1.33 current LCU per US$ of GDP compare
- 109 Guatemala 1.29 current LCU per US$ of GDP compare
- 111 Bolivia, Plurinational State of 1.24 current LCU per US$ of GDP compare
- 112 Saudi Arabia 1.19 current LCU per US$ of GDP compare
- 113 Romania 1.16 current LCU per US$ of GDP 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$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Trinidad and Tobago?
- Gross capital formation (current lcu), per unit of gdp in Trinidad and Tobago was 1.28 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 1.99 current LCU per US$ of GDP in 2009.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.7159 current LCU per US$ of GDP in 2005.
- How does Trinidad and Tobago rank for gross capital formation (current lcu), per unit of gdp?
- Trinidad and Tobago ranks 110th out of 187 countries with data for 2023.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is flat.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.