Gross Domestic Product — Value Standard Local Currency in Trinidad and Tobago
Trinidad and Tobago: Gross Domestic Product — Value Standard Local Currency was 178,372 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Trinidad and Tobago stood at 178,372 million SLC.
That represents a change of up 3.7% on the previous year and down 5.6% over ten years.
Over the whole period, gross domestic product — value standard local currency in Trinidad and Tobago peaked at 192,562 million SLC in 2022 and was at its lowest, 1,735 million SLC, in 1970.
That places Trinidad and Tobago 141st out of 218 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 in Trinidad and Tobago, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,735 million SLC | — |
| 1971 | 1,869 million SLC | +7.7% |
| 1972 | 2,198 million SLC | +17.6% |
| 1973 | 2,706 million SLC | +23.2% |
| 1974 | 4,426 million SLC | +63.5% |
| 1975 | 5,594 million SLC | +26.4% |
| 1976 | 6,429 million SLC | +14.9% |
| 1977 | 7,952 million SLC | +23.7% |
| 1978 | 9,025 million SLC | +13.5% |
| 1979 | 11,660 million SLC | +29.2% |
| 1980 | 15,798 million SLC | +35.5% |
| 1981 | 17,713 million SLC | +12.1% |
| 1982 | 20,622 million SLC | +16.4% |
| 1983 | 19,668 million SLC | -4.6% |
| 1984 | 19,651 million SLC | -0.1% |
| 1985 | 19,075 million SLC | -2.9% |
| 1986 | 18,219 million SLC | -4.5% |
| 1987 | 18,232 million SLC | +0.1% |
| 1988 | 18,245 million SLC | +0.1% |
| 1989 | 19,394 million SLC | +6.3% |
| 1990 | 22,736 million SLC | +17.2% |
| 1991 | 23,812 million SLC | +4.7% |
| 1992 | 24,402 million SLC | +2.5% |
| 1993 | 25,852 million SLC | +5.9% |
| 1994 | 30,941 million SLC | +19.7% |
| 1995 | 33,458 million SLC | +8.1% |
| 1996 | 36,509 million SLC | +9.1% |
| 1997 | 37,864 million SLC | +3.7% |
| 1998 | 40,180 million SLC | +6.1% |
| 1999 | 45,272 million SLC | +12.7% |
| 2000 | 54,225 million SLC | +19.8% |
| 2001 | 58,068 million SLC | +7.1% |
| 2002 | 59,427 million SLC | +2.3% |
| 2003 | 75,141 million SLC | +26.4% |
| 2004 | 88,328 million SLC | +17.5% |
| 2005 | 106,318 million SLC | +20.4% |
| 2006 | 122,451 million SLC | +15.2% |
| 2007 | 144,642 million SLC | +18.1% |
| 2008 | 185,142 million SLC | +28.0% |
| 2009 | 128,110 million SLC | -30.8% |
| 2010 | 148,999 million SLC | +16.3% |
| 2011 | 172,214 million SLC | +15.6% |
| 2012 | 174,547 million SLC | +1.4% |
| 2013 | 184,005 million SLC | +5.4% |
| 2014 | 188,903 million SLC | +2.7% |
| 2015 | 171,178 million SLC | -9.4% |
| 2016 | 157,550 million SLC | -8.0% |
| 2017 | 161,677 million SLC | +2.6% |
| 2018 | 161,746 million SLC | +0.0% |
| 2019 | 159,321 million SLC | -1.5% |
| 2020 | 141,714 million SLC | -11.1% |
| 2021 | 163,403 million SLC | +15.3% |
| 2022 | 192,562 million SLC | +17.8% |
| 2023 | 172,060 million SLC | -10.6% |
| 2024 | 178,372 million SLC | +3.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 178,372 million SLC is below the median for high income countries, which is 257,567 million SLC, 69% of the median. (72 countries reporting)
- Trinidad and Tobago's 178,372 million SLC is above the median for Latin America & Caribbean, which is 147,748 million SLC, 1.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,359 million SLC | 1,735 million SLC | 11,660 million SLC | 10 |
| 1980s | 18,662 million SLC | 15,798 million SLC | 20,622 million SLC | 10 |
| 1990s | 32,103 million SLC | 22,736 million SLC | 45,272 million SLC | 10 |
| 2000s | 102,185 million SLC | 54,225 million SLC | 185,142 million SLC | 10 |
| 2010s | 168,014 million SLC | 148,999 million SLC | 188,903 million SLC | 10 |
| 2020s | 169,622 million SLC | 141,714 million SLC | 192,562 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 in Trinidad and Tobago?
- Gross domestic product — value standard local currency in Trinidad and Tobago was 178,372 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 recorded in Trinidad and Tobago?
- The highest recorded value was 192,562 million SLC in 2022.
- What is the lowest gross domestic product — value standard local currency recorded in Trinidad and Tobago?
- The lowest recorded value was 1,735 million SLC in 1970.
- How does Trinidad and Tobago rank for gross domestic product — value standard local currency?
- Trinidad and Tobago ranks 141st out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).