Gross Domestic Product, GDP in millions constant 2021 international $ in Trinidad and Tobago
Trinidad and Tobago: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.53 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Trinidad and Tobago, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Trinidad and Tobago is 2.53 % change on previous year, measured in 2027.
Compared with earlier readings it is up 110.4% on the previous year and up 152.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Trinidad and Tobago peaked at 14.44 % change on previous year in 2003 and was at its lowest, -8.79 % change on previous year, in 2020.
Trinidad and Tobago ranks 116th of 189 countries on this measure, 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 in millions constant 2021 international $ in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 10.09 % change on previous year | — |
| 1993 | -0.6689 % change on previous year | -106.6% |
| 1994 | 3.57 % change on previous year | -633.3% |
| 1995 | 3.81 % change on previous year | +6.8% |
| 1996 | 7.13 % change on previous year | +87.3% |
| 1997 | 7.52 % change on previous year | +5.4% |
| 1998 | 8.12 % change on previous year | +8.0% |
| 1999 | 8.02 % change on previous year | -1.2% |
| 2000 | 6.9 % change on previous year | -14.0% |
| 2001 | 4.17 % change on previous year | -39.6% |
| 2002 | 7.94 % change on previous year | +90.4% |
| 2003 | 14.44 % change on previous year | +81.9% |
| 2004 | 7.95 % change on previous year | -44.9% |
| 2005 | 6.21 % change on previous year | -21.9% |
| 2006 | 13.21 % change on previous year | +112.7% |
| 2007 | 4.75 % change on previous year | -64.0% |
| 2008 | 3.39 % change on previous year | -28.7% |
| 2009 | -4.39 % change on previous year | -229.5% |
| 2010 | 3.32 % change on previous year | -175.7% |
| 2011 | -0.2944 % change on previous year | -108.9% |
| 2012 | 6.71 % change on previous year | -2379.5% |
| 2013 | 3.34 % change on previous year | -50.2% |
| 2014 | 3.7 % change on previous year | +10.5% |
| 2015 | -0.565 % change on previous year | -115.3% |
| 2016 | -7.4 % change on previous year | +1210.4% |
| 2017 | -4.82 % change on previous year | -34.9% |
| 2018 | -0.9857 % change on previous year | -79.5% |
| 2019 | 0.4719 % change on previous year | -147.9% |
| 2020 | -8.79 % change on previous year | -1962.4% |
| 2021 | -0.7171 % change on previous year | -91.8% |
| 2022 | 0.861 % change on previous year | -220.1% |
| 2023 | 1.47 % change on previous year | +70.3% |
| 2024 | 2.51 % change on previous year | +71.1% |
| 2025 | 1.02 % change on previous year | -59.3% |
| 2026 | 1.2 % change on previous year | +17.6% |
| 2027 | 2.53 % change on previous year | +110.4% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 2.53 % change on previous year is above the median for high income countries, which is 2.26 % change on previous year, 1.1× the median. (62 countries reporting)
- Trinidad and Tobago's 2.53 % change on previous year is above the median for Latin America & Caribbean, which is 2.4 % change on previous year, 1.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 | +2379.5% | -0.2944 % change on previous year | 6.71 % change on previous year |
| 2020 | -1962.4% | 0.4719 % change on previous year | -8.79 % change on previous year |
| 2016 | -1210.4% | -0.565 % change on previous year | -7.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.95 % change on previous year | -0.6689 % change on previous year | 10.09 % change on previous year | 8 |
| 2000s | 6.46 % change on previous year | -4.39 % change on previous year | 14.44 % change on previous year | 10 |
| 2010s | 0.3478 % change on previous year | -7.4 % change on previous year | 6.71 % change on previous year | 10 |
| 2020s | 0.0099 % change on previous year | -8.79 % change on previous year | 2.53 % change on previous year | 8 |
Countries ranked near Trinidad and Tobago
- 113 Caribbean 2.57 % change on previous year compare
- 114 Samoa 2.56 % change on previous year compare
- 115 Ireland 2.54 % change on previous year compare
- 117 Taiwan 2.52 % change on previous year compare
- 118 Angola 2.51 % change on previous year compare
- 119 Slovenia 2.5 % 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)
- 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 in millions constant 2021 international $ in Trinidad and Tobago?
- Gross domestic product, gdp in millions constant 2021 international $ in Trinidad and Tobago was 2.53 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Trinidad and Tobago?
- The highest recorded value was 14.44 % change on previous year in 2003.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Trinidad and Tobago?
- The lowest recorded value was -8.79 % change on previous year in 2020.
- How does Trinidad and Tobago rank for gross domestic product, gdp in millions constant 2021 international $?
- Trinidad and Tobago ranks 116th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 152.4%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.