Gross domestic product (GDP), Constant prices, Percent in Trinidad and Tobago
Trinidad and Tobago: Gross domestic product (GDP), Constant prices, Percent was 1.79 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Trinidad and Tobago, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, percent in Trinidad and Tobago is 1.79, measured in 2031.
Compared with earlier readings it is down 14.5% on the previous year and up 349.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Trinidad and Tobago peaked at 14.18 in 2006 and was at its lowest, -10.3, in 1983.
That places Trinidad and Tobago 26th out of 36 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 10.4 | — |
| 1981 | 4.58 | -56.0% |
| 1982 | 3.8 | -17.0% |
| 1983 | -10.3 | -371.1% |
| 1984 | -5.75 | -44.2% |
| 1985 | -4.12 | -28.4% |
| 1986 | -3.28 | -20.4% |
| 1987 | -4.56 | +39.1% |
| 1988 | -3.92 | -14.1% |
| 1989 | -0.8299 | -78.8% |
| 1990 | 1.51 | -281.8% |
| 1991 | 3.11 | +106.2% |
| 1992 | 10.09 | +224.3% |
| 1993 | -0.6691 | -106.6% |
| 1994 | 3.57 | -633.1% |
| 1995 | 3.81 | +6.8% |
| 1996 | 7.13 | +87.3% |
| 1997 | 7.52 | +5.4% |
| 1998 | 8.12 | +8.0% |
| 1999 | 8.02 | -1.2% |
| 2000 | 6.9 | -14.0% |
| 2001 | 3.7 | -46.4% |
| 2002 | 7.15 | +93.4% |
| 2003 | 13.88 | +94.0% |
| 2004 | 7.33 | -47.2% |
| 2005 | 5.9 | -19.6% |
| 2006 | 14.18 | +140.6% |
| 2007 | 4.26 | -70.0% |
| 2008 | 3.29 | -22.8% |
| 2009 | -4.82 | -246.8% |
| 2010 | 3.46 | -171.8% |
| 2011 | -0.1917 | -105.5% |
| 2012 | 4.63 | -2514.8% |
| 2013 | 3.37 | -27.2% |
| 2014 | 3.67 | +9.0% |
| 2015 | -0.4063 | -111.1% |
| 2016 | -7.54 | +1755.0% |
| 2017 | -4.87 | -35.3% |
| 2018 | -0.9455 | -80.6% |
| 2019 | 0.4677 | -149.5% |
| 2020 | -8.79 | -1979.0% |
| 2021 | -0.7167 | -91.8% |
| 2022 | 0.8613 | -220.2% |
| 2023 | 1.47 | +70.3% |
| 2024 | 2.51 | +71.1% |
| 2025 | 0.7821 | -68.8% |
| 2026 | 0.7656 | -2.1% |
| 2027 | 2.95 | +285.4% |
| 2028 | 3.5 | +18.7% |
| 2029 | 2.83 | -19.1% |
| 2030 | 2.09 | -26.1% |
| 2031 | 1.79 | -14.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 1.79 is below the median for Latin America & Caribbean, which is 2.51, 71% of the median. (34 countries reporting)
- Trinidad and Tobago's 1.79 is below the median for high income countries, which is 1.89, 94% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Percent in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +2514.8% | -0.1917 | 4.63 |
| 2020 | -1979.0% | 0.4677 | -8.79 |
| 2016 | -1755.0% | -0.4063 | -7.54 |
| 1994 | +633.1% | -0.6691 | 3.57 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.4 | -10.3 | 10.4 | 10 |
| 1990s | 5.22 | -0.6691 | 10.09 | 10 |
| 2000s | 6.18 | -4.82 | 14.18 | 10 |
| 2010s | 0.1646 | -7.54 | 4.63 | 10 |
| 2020s | 0.6164 | -8.79 | 3.5 | 10 |
| 2030s | 1.94 | 1.79 | 2.09 | 2 |
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)
- 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 domestic product (gdp), constant prices, percent in Trinidad and Tobago?
- Gross domestic product (gdp), constant prices, percent in Trinidad and Tobago was 1.79 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Trinidad and Tobago?
- The highest recorded value was 14.18 in 2006.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Trinidad and Tobago?
- The lowest recorded value was -10.3 in 1983.
- How does Trinidad and Tobago rank for gross domestic product (gdp), constant prices, percent?
- Trinidad and Tobago ranks 26th out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 349.7%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.