Gross capital formation (current US$), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Gross capital formation (current US$), per unit of GDP was 0.1899 current US$ per US$ of GDP in 2023. ▼ Falling
Gross capital formation (current US$), per unit of GDP in Trinidad and Tobago, 2000–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Trinidad and Tobago recorded 0.1899 current US$ per US$ of GDP for gross capital formation (current us$), per unit of gdp in 2023.
The figure is up 10.5% on the previous year and down 8.6% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Trinidad and Tobago peaked at 0.3143 current US$ per US$ of GDP in 2009 and was at its lowest, 0.1136 current US$ per US$ of GDP, in 2005.
That places Trinidad and Tobago 139th out of 187 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Gross capital formation (current US$), per unit of GDP in Trinidad and Tobago, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.1679 current US$ per US$ of GDP | — |
| 2001 | 0.2671 current US$ per US$ of GDP | +59.1% |
| 2002 | 0.2263 current US$ per US$ of GDP | -15.3% |
| 2003 | 0.2519 current US$ per US$ of GDP | +11.3% |
| 2004 | 0.1662 current US$ per US$ of GDP | -34.0% |
| 2005 | 0.1136 current US$ per US$ of GDP | -31.6% |
| 2006 | 0.1792 current US$ per US$ of GDP | +57.7% |
| 2007 | 0.2651 current US$ per US$ of GDP | +47.9% |
| 2008 | 0.2304 current US$ per US$ of GDP | -13.1% |
| 2009 | 0.3143 current US$ per US$ of GDP | +36.4% |
| 2010 | 0.2314 current US$ per US$ of GDP | -26.4% |
| 2011 | 0.2189 current US$ per US$ of GDP | -5.4% |
| 2012 | 0.2081 current US$ per US$ of GDP | -4.9% |
| 2013 | 0.2077 current US$ per US$ of GDP | -0.2% |
| 2014 | 0.197 current US$ per US$ of GDP | -5.2% |
| 2015 | 0.2551 current US$ per US$ of GDP | +29.5% |
| 2016 | 0.1955 current US$ per US$ of GDP | -23.3% |
| 2017 | 0.2091 current US$ per US$ of GDP | +6.9% |
| 2018 | 0.2292 current US$ per US$ of GDP | +9.6% |
| 2019 | 0.2097 current US$ per US$ of GDP | -8.5% |
| 2020 | 0.2052 current US$ per US$ of GDP | -2.2% |
| 2021 | 0.2028 current US$ per US$ of GDP | -1.2% |
| 2022 | 0.1718 current US$ per US$ of GDP | -15.3% |
| 2023 | 0.1899 current US$ per US$ of GDP | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2182 current US$ per US$ of GDP | 0.1136 current US$ per US$ of GDP | 0.3143 current US$ per US$ of GDP | 10 |
| 2010s | 0.2162 current US$ per US$ of GDP | 0.1955 current US$ per US$ of GDP | 0.2551 current US$ per US$ of GDP | 10 |
| 2020s | 0.1924 current US$ per US$ of GDP | 0.1718 current US$ per US$ of GDP | 0.2052 current US$ per US$ of GDP | 4 |
Countries ranked near Trinidad and Tobago
- 136 Côte d'Ivoire 0.193 current US$ per US$ of GDP compare
- 137 Cyprus 0.1926 current US$ per US$ of GDP compare
- 138 Iraq 0.1914 current US$ per US$ of GDP compare
- 140 Azerbaijan 0.1889 current US$ per US$ of GDP compare
- 141 Seychelles 0.1871 current US$ per US$ of GDP compare
- 142 Malta 0.1871 current US$ 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)
- 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 capita 3,476 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate -2.42 % change on previous year (2023)
Frequently asked questions
- What is gross capital formation (current us$), per unit of gdp in Trinidad and Tobago?
- Gross capital formation (current us$), per unit of gdp in Trinidad and Tobago was 0.1899 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 0.3143 current US$ per US$ of GDP in 2009.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.1136 current US$ per US$ of GDP in 2005.
- How does Trinidad and Tobago rank for gross capital formation (current us$), per unit of gdp?
- Trinidad and Tobago ranks 139th out of 187 countries with data for 2023.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.