Gross Domestic Product — Value Standard Local Currency, 2015 prices in Trinidad and Tobago
Trinidad and Tobago: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.65 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Trinidad and Tobago is 1.65 % change on previous year, measured in 2024.
Compared with earlier readings it is up 15.6% on the previous year and down 55.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Trinidad and Tobago peaked at 14.45 % change on previous year in 2003 and was at its lowest, -10.31 % change on previous year, in 1983.
That places Trinidad and Tobago 162nd out of 223 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.03 % change on previous year | — |
| 1972 | 5.78 % change on previous year | +458.8% |
| 1973 | 1.65 % change on previous year | -71.4% |
| 1974 | 3.81 % change on previous year | +130.7% |
| 1975 | 1.46 % change on previous year | -61.7% |
| 1976 | 6.43 % change on previous year | +341.7% |
| 1977 | 9.09 % change on previous year | +41.3% |
| 1978 | 10.03 % change on previous year | +10.3% |
| 1979 | 3.62 % change on previous year | -63.9% |
| 1980 | 10.36 % change on previous year | +186.2% |
| 1981 | 4.59 % change on previous year | -55.7% |
| 1982 | 3.8 % change on previous year | -17.0% |
| 1983 | -10.31 % change on previous year | -371.1% |
| 1984 | -5.75 % change on previous year | -44.2% |
| 1985 | -4.12 % change on previous year | -28.3% |
| 1986 | -3.28 % change on previous year | -20.4% |
| 1987 | -4.56 % change on previous year | +39.0% |
| 1988 | -3.92 % change on previous year | -14.0% |
| 1989 | -0.8236 % change on previous year | -79.0% |
| 1990 | 1.5 % change on previous year | -282.6% |
| 1991 | 2.68 % change on previous year | +78.5% |
| 1992 | -1.65 % change on previous year | -161.4% |
| 1993 | -1.45 % change on previous year | -12.1% |
| 1994 | 3.56 % change on previous year | -345.9% |
| 1995 | 3.96 % change on previous year | +11.1% |
| 1996 | 7.04 % change on previous year | +78.0% |
| 1997 | 7.69 % change on previous year | +9.2% |
| 1998 | 8.16 % change on previous year | +6.0% |
| 1999 | 7.98 % change on previous year | -2.2% |
| 2000 | 6.9 % change on previous year | -13.5% |
| 2001 | 4.18 % change on previous year | -39.4% |
| 2002 | 7.94 % change on previous year | +89.8% |
| 2003 | 14.45 % change on previous year | +82.0% |
| 2004 | 7.96 % change on previous year | -44.9% |
| 2005 | 6.22 % change on previous year | -21.9% |
| 2006 | 13.52 % change on previous year | +117.5% |
| 2007 | 4.48 % change on previous year | -66.9% |
| 2008 | 3.4 % change on previous year | -24.1% |
| 2009 | -4.38 % change on previous year | -228.9% |
| 2010 | 3.33 % change on previous year | -176.0% |
| 2011 | -0.2855 % change on previous year | -108.6% |
| 2012 | 1.3 % change on previous year | -555.7% |
| 2013 | 3.34 % change on previous year | +157.1% |
| 2014 | 3.7 % change on previous year | +10.5% |
| 2015 | -0.5646 % change on previous year | -115.3% |
| 2016 | -7.4 % change on previous year | +1211.2% |
| 2017 | -4.82 % change on previous year | -34.9% |
| 2018 | -0.9856 % change on previous year | -79.5% |
| 2019 | 0.472 % change on previous year | -147.9% |
| 2020 | -8.9 % change on previous year | -1986.4% |
| 2021 | -0.9121 % change on previous year | -89.8% |
| 2022 | 1.08 % change on previous year | -218.7% |
| 2023 | 1.43 % change on previous year | +31.8% |
| 2024 | 1.65 % change on previous year | +15.6% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 2020 | -1986.4% | 0.472 % change on previous year | -8.9 % change on previous year |
| 2016 | -1211.2% | -0.5646 % change on previous year | -7.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.77 % change on previous year | 1.03 % change on previous year | 10.03 % change on previous year | 9 |
| 1980s | -1.4 % change on previous year | -10.31 % change on previous year | 10.36 % change on previous year | 10 |
| 1990s | 3.95 % change on previous year | -1.65 % change on previous year | 8.16 % change on previous year | 10 |
| 2000s | 6.47 % change on previous year | -4.38 % change on previous year | 14.45 % change on previous year | 10 |
| 2010s | -0.1914 % change on previous year | -7.4 % change on previous year | 3.7 % change on previous year | 10 |
| 2020s | -1.13 % change on previous year | -8.9 % change on previous year | 1.65 % change on previous year | 5 |
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 — value standard local currency, 2015 prices in Trinidad and Tobago?
- Gross domestic product — value standard local currency, 2015 prices in Trinidad and Tobago was 1.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 14.45 % change on previous year in 2003.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was -10.31 % change on previous year in 1983.
- How does Trinidad and Tobago rank for gross domestic product — value standard local currency, 2015 prices?
- Trinidad and Tobago ranks 162nd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 55.3%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.