Gross Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago

Trinidad and Tobago: Gross Fixed Capital Formation Deflator — Value Standard Local was 1.88 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.88 % change on previous year
Change on year
up 102.4%
World rank
142nd
of 208 countries
All-time high
305.04 % change on previous year
in 2022
All-time low
-76.71 % change on previous year
in 2023
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago, 1971–2024

-1000100200300197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Trinidad and Tobago recorded 1.88 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.

Compared with earlier readings it is up 102.4% on the previous year and up 135.8% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Trinidad and Tobago peaked at 305.04 % change on previous year in 2022 and was at its lowest, -76.71 % change on previous year, in 2023.

Trinidad and Tobago ranks 142nd of 208 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 Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Trinidad and Tobago, 1971 to 2024.
Year % change on previous year Change
1971 7.62 % change on previous year
1972 20.28 % change on previous year +166.2%
1973 4.27 % change on previous year -78.9%
1974 -22.1 % change on previous year -617.5%
1975 37.54 % change on previous year -269.8%
1976 12.57 % change on previous year -66.5%
1977 20.25 % change on previous year +61.0%
1978 4.57 % change on previous year -77.4%
1979 23.12 % change on previous year +405.8%
1980 16.16 % change on previous year -30.1%
1981 22.2 % change on previous year +37.4%
1982 14.48 % change on previous year -34.8%
1983 -1.78 % change on previous year -112.3%
1984 2.56 % change on previous year -243.2%
1985 -0.6419 % change on previous year -125.1%
1986 21.02 % change on previous year -3374.4%
1987 11.86 % change on previous year -43.6%
1988 3.65 % change on previous year -69.2%
1989 4.84 % change on previous year +32.5%
1990 5.17 % change on previous year +6.9%
1991 18.05 % change on previous year +248.9%
1992 15.91 % change on previous year -11.9%
1993 10.32 % change on previous year -35.1%
1994 36.93 % change on previous year +257.9%
1995 -18.11 % change on previous year -149.0%
1996 28.85 % change on previous year -259.4%
1997 -8.3 % change on previous year -128.8%
1998 14.83 % change on previous year -278.5%
1999 0.7348 % change on previous year -95.0%
2000 2.15 % change on previous year +192.8%
2001 19.51 % change on previous year +807.1%
2002 -0.5171 % change on previous year -102.6%
2003 -12.93 % change on previous year +2401.5%
2004 3.06 % change on previous year -123.7%
2005 19.84 % change on previous year +548.5%
2006 -8.18 % change on previous year -141.2%
2007 4.55 % change on previous year -155.7%
2008 9.45 % change on previous year +107.7%
2009 37.86 % change on previous year +300.6%
2010 -26.33 % change on previous year -169.5%
2011 12.54 % change on previous year -147.6%
2012 -17.5 % change on previous year -239.6%
2013 17.49 % change on previous year -200.0%
2014 -5.25 % change on previous year -130.0%
2015 -18.86 % change on previous year +259.5%
2016 -2.57 % change on previous year -86.4%
2017 17.87 % change on previous year -796.6%
2018 4.33 % change on previous year -75.8%
2019 -3.98 % change on previous year -191.7%
2020 -5.52 % change on previous year +38.9%
2021 42.98 % change on previous year -878.6%
2022 305.04 % change on previous year +609.7%
2023 -76.71 % change on previous year -125.1%
2024 1.88 % change on previous year -102.4%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local 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.

YearChange FromTo
1986 +3374.4% -0.6419 % change on previous year 21.02 % change on previous year
2003 -2401.5% -0.5171 % change on previous year -12.93 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.01 % change on previous year -22.1 % change on previous year 37.54 % change on previous year 9
1980s 9.43 % change on previous year -1.78 % change on previous year 22.2 % change on previous year 10
1990s 10.44 % change on previous year -18.11 % change on previous year 36.93 % change on previous year 10
2000s 7.48 % change on previous year -12.93 % change on previous year 37.86 % change on previous year 10
2010s -2.22 % change on previous year -26.33 % change on previous year 17.87 % change on previous year 10
2020s 53.53 % change on previous year -76.71 % change on previous year 305.04 % change on previous year 5

Countries ranked near Trinidad and Tobago

  1. 139 Fiji 1.94 % change on previous year compare
  2. 140 Kyrgyzstan 1.9 % change on previous year compare
  3. 141 Barbados 1.89 % change on previous year compare
  4. 143 Micronesia (Federated States of) 1.86 % change on previous year compare
  5. 144 Montserrat 1.81 % change on previous year compare
  6. 145 Syrian Arab Republic 1.8 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Trinidad and Tobago?
Gross fixed capital formation deflator — value standard local in Trinidad and Tobago was 1.88 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Trinidad and Tobago?
The highest recorded value was 305.04 % change on previous year in 2022.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Trinidad and Tobago?
The lowest recorded value was -76.71 % change on previous year in 2023.
How does Trinidad and Tobago rank for gross fixed capital formation deflator — value standard local?
Trinidad and Tobago ranks 142nd out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Trinidad and Tobago?
Over the last ten years it is up 135.8%. 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 Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/trinidad-and-tobago/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.