Gross fixed capital formation (current US$), per unit of GDP (US unit) in Trinidad and Tobago
Trinidad and Tobago: Gross fixed capital formation (current US$), per unit of GDP (US unit) was 0.1899 current US$ per US$ of GDP in 2023. ▬ Flat
Gross fixed capital formation (current US$), per unit of GDP in Trinidad and Tobago, 2000–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Trinidad and Tobago recorded 0.1899 current US$ per US$ of GDP for gross fixed capital formation (current us$), per unit of gdp in 2023.
That represents a change of up 10.5% on the previous year and down 8.6% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Trinidad and Tobago peaked at 0.3143 current US$ per US$ of GDP in 2009 and was at its lowest, 0.1094 current US$ per US$ of GDP, in 2005.
Trinidad and Tobago ranks 132nd of 181 countries on this measure, in the middle of the range.
Gross fixed capital formation (current US$), per unit of GDP (US unit) in Trinidad and Tobago, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.1556 current US$ per US$ of GDP | — |
| 2001 | 0.2639 current US$ per US$ of GDP | +69.6% |
| 2002 | 0.2188 current US$ per US$ of GDP | -17.1% |
| 2003 | 0.2424 current US$ per US$ of GDP | +10.8% |
| 2004 | 0.16 current US$ per US$ of GDP | -34.0% |
| 2005 | 0.1094 current US$ per US$ of GDP | -31.6% |
| 2006 | 0.1565 current US$ per US$ of GDP | +43.1% |
| 2007 | 0.2651 current US$ per US$ of GDP | +69.4% |
| 2008 | 0.2304 current US$ per US$ of GDP | -13.1% |
| 2009 | 0.3143 current US$ per US$ of GDP | +36.4% |
| 2010 | 0.2314 current US$ per US$ of GDP | -26.4% |
| 2011 | 0.2189 current US$ per US$ of GDP | -5.4% |
| 2012 | 0.2081 current US$ per US$ of GDP | -4.9% |
| 2013 | 0.2077 current US$ per US$ of GDP | -0.2% |
| 2014 | 0.197 current US$ per US$ of GDP | -5.2% |
| 2015 | 0.2551 current US$ per US$ of GDP | +29.5% |
| 2016 | 0.1955 current US$ per US$ of GDP | -23.3% |
| 2017 | 0.2091 current US$ per US$ of GDP | +6.9% |
| 2018 | 0.2292 current US$ per US$ of GDP | +9.6% |
| 2019 | 0.2097 current US$ per US$ of GDP | -8.5% |
| 2020 | 0.2052 current US$ per US$ of GDP | -2.2% |
| 2021 | 0.2028 current US$ per US$ of GDP | -1.2% |
| 2022 | 0.1718 current US$ per US$ of GDP | -15.3% |
| 2023 | 0.1899 current US$ per US$ of GDP | +10.5% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.1899 current US$ per US$ of GDP is below the median for high income countries, which is 0.2218 current US$ per US$ of GDP, 86% of the median. (64 countries reporting)
- Trinidad and Tobago's 0.1899 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.2052 current US$ per US$ of GDP, 93% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2116 current US$ per US$ of GDP | 0.1094 current US$ per US$ of GDP | 0.3143 current US$ per US$ of GDP | 10 |
| 2010s | 0.2162 current US$ per US$ of GDP | 0.1955 current US$ per US$ of GDP | 0.2551 current US$ per US$ of GDP | 10 |
| 2020s | 0.1924 current US$ per US$ of GDP | 0.1718 current US$ per US$ of GDP | 0.2052 current US$ per US$ of GDP | 4 |
Countries ranked near Trinidad and Tobago
- 129 Ukraine 0.1936 current US$ per US$ of GDP compare
- 130 Cameroon 0.1934 current US$ per US$ of GDP compare
- 131 Georgia 0.1902 current US$ per US$ of GDP compare
- 133 United Kingdom 0.1888 current US$ per US$ of GDP compare
- 134 Seychelles 0.1871 current US$ per US$ of GDP compare
- 135 Papua New Guinea 0.1813 current US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 785.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 573.82 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0186 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Trinidad and Tobago?
- Gross fixed capital formation (current us$), per unit of gdp in Trinidad and Tobago was 0.1899 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 0.3143 current US$ per US$ of GDP in 2009.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.1094 current US$ per US$ of GDP in 2005.
- How does Trinidad and Tobago rank for gross fixed capital formation (current us$), per unit of gdp?
- Trinidad and Tobago ranks 132nd out of 181 countries with data for 2023.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is flat.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.