Gross Domestic Product — Value US$ in Trinidad and Tobago
Trinidad and Tobago: Gross Domestic Product — Value US$ was 26,425 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Trinidad and Tobago is 26,425 million USD, measured in 2024.
The figure is up 3.7% on the previous year and down 10.3% over ten years.
Over the whole period, gross domestic product — value us$ in Trinidad and Tobago peaked at 29,474 million USD in 2014 and was at its lowest, 867.67 million USD, in 1970.
Trinidad and Tobago ranks 111th of 203 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 — Value US$ in Trinidad and Tobago, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 867.67 million USD | — |
| 1971 | 946.59 million USD | +9.1% |
| 1972 | 1,144 million USD | +20.8% |
| 1973 | 1,381 million USD | +20.8% |
| 1974 | 2,156 million USD | +56.0% |
| 1975 | 2,578 million USD | +19.6% |
| 1976 | 2,640 million USD | +2.4% |
| 1977 | 3,313 million USD | +25.5% |
| 1978 | 3,760 million USD | +13.5% |
| 1979 | 4,858 million USD | +29.2% |
| 1980 | 6,582 million USD | +35.5% |
| 1981 | 7,381 million USD | +12.1% |
| 1982 | 8,593 million USD | +16.4% |
| 1983 | 8,195 million USD | -4.6% |
| 1984 | 8,188 million USD | -0.1% |
| 1985 | 7,786 million USD | -4.9% |
| 1986 | 5,061 million USD | -35.0% |
| 1987 | 5,064 million USD | +0.1% |
| 1988 | 4,747 million USD | -6.3% |
| 1989 | 4,563 million USD | -3.9% |
| 1990 | 5,350 million USD | +17.2% |
| 1991 | 5,603 million USD | +4.7% |
| 1992 | 5,742 million USD | +2.5% |
| 1993 | 4,831 million USD | -15.9% |
| 1994 | 5,222 million USD | +8.1% |
| 1995 | 5,625 million USD | +7.7% |
| 1996 | 6,080 million USD | +8.1% |
| 1997 | 6,057 million USD | -0.4% |
| 1998 | 6,379 million USD | +5.3% |
| 1999 | 7,187 million USD | +12.7% |
| 2000 | 8,607 million USD | +19.8% |
| 2001 | 9,316 million USD | +8.2% |
| 2002 | 9,510 million USD | +2.1% |
| 2003 | 11,936 million USD | +25.5% |
| 2004 | 14,023 million USD | +17.5% |
| 2005 | 16,877 million USD | +20.4% |
| 2006 | 19,399 million USD | +14.9% |
| 2007 | 22,857 million USD | +17.8% |
| 2008 | 29,437 million USD | +28.8% |
| 2009 | 20,255 million USD | -31.2% |
| 2010 | 23,370 million USD | +15.4% |
| 2011 | 26,869 million USD | +15.0% |
| 2012 | 27,147 million USD | +1.0% |
| 2013 | 28,560 million USD | +5.2% |
| 2014 | 29,474 million USD | +3.2% |
| 2015 | 26,841 million USD | -8.9% |
| 2016 | 23,624 million USD | -12.0% |
| 2017 | 23,848 million USD | +0.9% |
| 2018 | 23,889 million USD | +0.2% |
| 2019 | 23,588 million USD | -1.3% |
| 2020 | 20,991 million USD | -11.0% |
| 2021 | 24,177 million USD | +15.2% |
| 2022 | 28,510 million USD | +17.9% |
| 2023 | 25,489 million USD | -10.6% |
| 2024 | 26,425 million USD | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,364 million USD | 867.67 million USD | 4,858 million USD | 10 |
| 1980s | 6,616 million USD | 4,563 million USD | 8,593 million USD | 10 |
| 1990s | 5,808 million USD | 4,831 million USD | 7,187 million USD | 10 |
| 2000s | 16,222 million USD | 8,607 million USD | 29,437 million USD | 10 |
| 2010s | 25,721 million USD | 23,370 million USD | 29,474 million USD | 10 |
| 2020s | 25,119 million USD | 20,991 million USD | 28,510 million USD | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1438 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 2,694 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.9706 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 18,183 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.128 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 2,397 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 19,116 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.79 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Trinidad and Tobago?
- Gross domestic product — value us$ in Trinidad and Tobago was 26,425 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Trinidad and Tobago?
- The highest recorded value was 29,474 million USD in 2014.
- What is the lowest gross domestic product — value us$ recorded in Trinidad and Tobago?
- The lowest recorded value was 867.67 million USD in 1970.
- How does Trinidad and Tobago rank for gross domestic product — value us$?
- Trinidad and Tobago ranks 111th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 10.3%. 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 US$. 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).