Gross domestic product (GDP), Current prices, Domestic currency in Trinidad and Tobago
Trinidad and Tobago: Gross domestic product (GDP), Current prices, Domestic currency was -2.23 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Trinidad and Tobago, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Trinidad and Tobago is -2.23 % change on previous year, measured in 2019.
The figure is down 139.5% on the previous year and up 92.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Trinidad and Tobago peaked at 63.53 % change on previous year in 1974 and was at its lowest, -30.81 % change on previous year, in 2009.
That places Trinidad and Tobago 185th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 9.32 % change on previous year | — |
| 1962 | 5.65 % change on previous year | -39.4% |
| 1963 | 10.15 % change on previous year | +79.7% |
| 1964 | 4.43 % change on previous year | -56.3% |
| 1965 | 2.52 % change on previous year | -43.2% |
| 1966 | 2.23 % change on previous year | -11.6% |
| 1967 | 6.69 % change on previous year | +200.4% |
| 1968 | 14.65 % change on previous year | +119.1% |
| 1969 | 2.64 % change on previous year | -82.0% |
| 1970 | 5.52 % change on previous year | +109.5% |
| 1971 | 7.72 % change on previous year | +39.9% |
| 1972 | 17.56 % change on previous year | +127.3% |
| 1973 | 23.15 % change on previous year | +31.8% |
| 1974 | 63.53 % change on previous year | +174.4% |
| 1975 | 26.4 % change on previous year | -58.4% |
| 1976 | 14.92 % change on previous year | -43.5% |
| 1977 | 23.67 % change on previous year | +58.6% |
| 1978 | 13.5 % change on previous year | -43.0% |
| 1979 | 29.19 % change on previous year | +116.2% |
| 1980 | 35.49 % change on previous year | +21.6% |
| 1981 | 12.13 % change on previous year | -65.8% |
| 1982 | 16.42 % change on previous year | +35.4% |
| 1983 | -4.63 % change on previous year | -128.2% |
| 1984 | -0.0862 % change on previous year | -98.1% |
| 1985 | -2.93 % change on previous year | +3302.9% |
| 1986 | -4.49 % change on previous year | +53.0% |
| 1987 | 0.0693 % change on previous year | -101.5% |
| 1988 | 0.0756 % change on previous year | +9.1% |
| 1989 | 6.29 % change on previous year | +8221.2% |
| 1990 | 17.23 % change on previous year | +173.8% |
| 1991 | 4.74 % change on previous year | -72.5% |
| 1992 | 2.48 % change on previous year | -47.7% |
| 1993 | 5.94 % change on previous year | +139.7% |
| 1994 | 19.68 % change on previous year | +231.4% |
| 1995 | 8.14 % change on previous year | -58.7% |
| 1996 | 9.12 % change on previous year | +12.1% |
| 1997 | 3.71 % change on previous year | -59.3% |
| 1998 | 6.12 % change on previous year | +64.8% |
| 1999 | 12.67 % change on previous year | +107.2% |
| 2000 | 19.78 % change on previous year | +56.1% |
| 2001 | 7.08 % change on previous year | -64.2% |
| 2002 | 2.33 % change on previous year | -67.0% |
| 2003 | 26.43 % change on previous year | +1033.2% |
| 2004 | 17.54 % change on previous year | -33.6% |
| 2005 | 20.36 % change on previous year | +16.1% |
| 2006 | 15.17 % change on previous year | -25.5% |
| 2007 | 18.11 % change on previous year | +19.4% |
| 2008 | 27.99 % change on previous year | +54.5% |
| 2009 | -30.81 % change on previous year | -210.1% |
| 2010 | 16.3 % change on previous year | -152.9% |
| 2011 | 15.57 % change on previous year | -4.4% |
| 2012 | 1.35 % change on previous year | -91.4% |
| 2013 | 6.06 % change on previous year | +349.8% |
| 2014 | 0.7474 % change on previous year | -87.7% |
| 2015 | -10.06 % change on previous year | -1446.7% |
| 2016 | -6.21 % change on previous year | -38.3% |
| 2017 | 1.65 % change on previous year | -126.6% |
| 2018 | 5.65 % change on previous year | +241.6% |
| 2019 | -2.23 % change on previous year | -139.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's -2.23 % change on previous year is below the median for high income countries, which is 3.62 % change on previous year. (65 countries reporting)
- Trinidad and Tobago's -2.23 % change on previous year is below the median for Latin America & Caribbean, which is 3.8 % change on previous year. (34 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 1989 | +8221.2% | 0.0756 % change on previous year | 6.29 % change on previous year |
| 1985 | -3302.9% | -0.0862 % change on previous year | -2.93 % change on previous year |
| 2015 | -1446.7% | 0.7474 % change on previous year | -10.06 % change on previous year |
| 2003 | +1033.2% | 2.33 % change on previous year | 26.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.48 % change on previous year | 2.23 % change on previous year | 14.65 % change on previous year | 9 |
| 1970s | 22.52 % change on previous year | 5.52 % change on previous year | 63.53 % change on previous year | 10 |
| 1980s | 5.83 % change on previous year | -4.63 % change on previous year | 35.49 % change on previous year | 10 |
| 1990s | 8.98 % change on previous year | 2.48 % change on previous year | 19.68 % change on previous year | 10 |
| 2000s | 12.4 % change on previous year | -30.81 % change on previous year | 27.99 % change on previous year | 10 |
| 2010s | 2.88 % change on previous year | -10.06 % change on previous year | 16.3 % change on previous year | 10 |
Countries ranked near Trinidad and Tobago
- 182 Eritrea -1.19 % change on previous year compare
- 183 Palau -1.72 % change on previous year compare
- 184 Congo -2.12 % change on previous year compare
- 186 Macao -2.25 % change on previous year compare
- 187 Lebanon -2.9 % change on previous year compare
- 188 Kuwait -3.77 % 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)
- IMF holdings of currency, SDR, annual growth rate 0.074 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0135 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 256.99 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0407 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 772.4 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Trinidad and Tobago?
- Gross domestic product (gdp), current prices, domestic currency in Trinidad and Tobago was -2.23 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Trinidad and Tobago?
- The highest recorded value was 63.53 % change on previous year in 1974.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Trinidad and Tobago?
- The lowest recorded value was -30.81 % change on previous year in 2009.
- How does Trinidad and Tobago rank for gross domestic product (gdp), current prices, domestic currency?
- Trinidad and Tobago ranks 185th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 92.8%. 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 domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 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 domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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 domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.