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 141,189 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Trinidad and Tobago is 141,189 million SLC, measured in 2024.
Compared with earlier readings it is up 1.7% on the previous year and down 18.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Trinidad and Tobago peaked at 172,150 million SLC in 2014 and was at its lowest, 43,917 million SLC, in 1970.
Trinidad and Tobago ranks 118th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Trinidad and Tobago, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 43,917 million SLC | — |
| 1971 | 44,371 million SLC | +1.0% |
| 1972 | 46,936 million SLC | +5.8% |
| 1973 | 47,710 million SLC | +1.7% |
| 1974 | 49,527 million SLC | +3.8% |
| 1975 | 50,248 million SLC | +1.5% |
| 1976 | 53,480 million SLC | +6.4% |
| 1977 | 58,342 million SLC | +9.1% |
| 1978 | 64,193 million SLC | +10.0% |
| 1979 | 66,517 million SLC | +3.6% |
| 1980 | 73,409 million SLC | +10.4% |
| 1981 | 76,775 million SLC | +4.6% |
| 1982 | 79,695 million SLC | +3.8% |
| 1983 | 71,478 million SLC | -10.3% |
| 1984 | 67,367 million SLC | -5.8% |
| 1985 | 64,590 million SLC | -4.1% |
| 1986 | 62,471 million SLC | -3.3% |
| 1987 | 59,622 million SLC | -4.6% |
| 1988 | 57,284 million SLC | -3.9% |
| 1989 | 56,813 million SLC | -0.8% |
| 1990 | 57,667 million SLC | +1.5% |
| 1991 | 59,214 million SLC | +2.7% |
| 1992 | 58,239 million SLC | -1.6% |
| 1993 | 57,395 million SLC | -1.4% |
| 1994 | 59,440 million SLC | +3.6% |
| 1995 | 61,792 million SLC | +4.0% |
| 1996 | 66,144 million SLC | +7.0% |
| 1997 | 71,231 million SLC | +7.7% |
| 1998 | 77,041 million SLC | +8.2% |
| 1999 | 83,188 million SLC | +8.0% |
| 2000 | 88,931 million SLC | +6.9% |
| 2001 | 92,650 million SLC | +4.2% |
| 2002 | 100,005 million SLC | +7.9% |
| 2003 | 114,456 million SLC | +14.5% |
| 2004 | 123,565 million SLC | +8.0% |
| 2005 | 131,248 million SLC | +6.2% |
| 2006 | 148,997 million SLC | +13.5% |
| 2007 | 155,671 million SLC | +4.5% |
| 2008 | 160,964 million SLC | +3.4% |
| 2009 | 153,907 million SLC | -4.4% |
| 2010 | 159,033 million SLC | +3.3% |
| 2011 | 158,579 million SLC | -0.3% |
| 2012 | 160,642 million SLC | +1.3% |
| 2013 | 166,015 million SLC | +3.3% |
| 2014 | 172,150 million SLC | +3.7% |
| 2015 | 171,178 million SLC | -0.6% |
| 2016 | 158,505 million SLC | -7.4% |
| 2017 | 150,867 million SLC | -4.8% |
| 2018 | 149,380 million SLC | -1.0% |
| 2019 | 150,085 million SLC | +0.5% |
| 2020 | 136,723 million SLC | -8.9% |
| 2021 | 135,476 million SLC | -0.9% |
| 2022 | 136,943 million SLC | +1.1% |
| 2023 | 138,897 million SLC | +1.4% |
| 2024 | 141,189 million SLC | +1.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 141,189 million SLC is below the median for high income countries, which is 171,974 million SLC, 82% of the median. (68 countries reporting)
- Trinidad and Tobago's 141,189 million SLC is above the median for Latin America & Caribbean, which is 99,680 million SLC, 1.4× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52,524 million SLC | 43,917 million SLC | 66,517 million SLC | 10 |
| 1980s | 66,950 million SLC | 56,813 million SLC | 79,695 million SLC | 10 |
| 1990s | 65,135 million SLC | 57,395 million SLC | 83,188 million SLC | 10 |
| 2000s | 127,039 million SLC | 88,931 million SLC | 160,964 million SLC | 10 |
| 2010s | 159,643 million SLC | 149,380 million SLC | 172,150 million SLC | 10 |
| 2020s | 137,846 million SLC | 135,476 million SLC | 141,189 million SLC | 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 141,189 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 172,150 million SLC in 2014.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was 43,917 million SLC in 1970.
- How does Trinidad and Tobago rank for gross domestic product — value standard local currency, 2015 prices?
- Trinidad and Tobago ranks 118th out of 194 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 18.0%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).