Gross Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago
Trinidad and Tobago: Gross Fixed Capital Formation Deflator — Value Standard Local was 149.37 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Trinidad and Tobago stood at 149.37 SLC.
Compared with earlier readings it is up 1.9% on the previous year and up 21.2% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Trinidad and Tobago peaked at 629.57 SLC in 2022 and was at its lowest, 5.83 SLC, in 1970.
Trinidad and Tobago ranks 62nd of 194 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
| Year | SLC | Change |
|---|---|---|
| 1970 | 5.83 SLC | — |
| 1971 | 6.27 SLC | +7.6% |
| 1972 | 7.55 SLC | +20.3% |
| 1973 | 7.87 SLC | +4.3% |
| 1974 | 6.13 SLC | -22.1% |
| 1975 | 8.43 SLC | +37.5% |
| 1976 | 9.49 SLC | +12.6% |
| 1977 | 11.41 SLC | +20.3% |
| 1978 | 11.94 SLC | +4.6% |
| 1979 | 14.7 SLC | +23.1% |
| 1980 | 17.07 SLC | +16.2% |
| 1981 | 20.86 SLC | +22.2% |
| 1982 | 23.88 SLC | +14.5% |
| 1983 | 23.46 SLC | -1.8% |
| 1984 | 24.05 SLC | +2.6% |
| 1985 | 23.9 SLC | -0.6% |
| 1986 | 28.92 SLC | +21.0% |
| 1987 | 32.35 SLC | +11.9% |
| 1988 | 33.53 SLC | +3.7% |
| 1989 | 35.16 SLC | +4.8% |
| 1990 | 36.98 SLC | +5.2% |
| 1991 | 43.65 SLC | +18.1% |
| 1992 | 50.6 SLC | +15.9% |
| 1993 | 55.82 SLC | +10.3% |
| 1994 | 76.43 SLC | +36.9% |
| 1995 | 62.59 SLC | -18.1% |
| 1996 | 80.66 SLC | +28.9% |
| 1997 | 73.96 SLC | -8.3% |
| 1998 | 84.92 SLC | +14.8% |
| 1999 | 85.55 SLC | +0.7% |
| 2000 | 87.39 SLC | +2.2% |
| 2001 | 104.44 SLC | +19.5% |
| 2002 | 103.9 SLC | -0.5% |
| 2003 | 90.46 SLC | -12.9% |
| 2004 | 93.23 SLC | +3.1% |
| 2005 | 111.73 SLC | +19.8% |
| 2006 | 102.59 SLC | -8.2% |
| 2007 | 107.26 SLC | +4.6% |
| 2008 | 117.4 SLC | +9.5% |
| 2009 | 161.85 SLC | +37.9% |
| 2010 | 119.23 SLC | -26.3% |
| 2011 | 134.18 SLC | +12.5% |
| 2012 | 110.7 SLC | -17.5% |
| 2013 | 130.06 SLC | +17.5% |
| 2014 | 123.24 SLC | -5.2% |
| 2015 | 100 SLC | -18.9% |
| 2016 | 97.43 SLC | -2.6% |
| 2017 | 114.85 SLC | +17.9% |
| 2018 | 119.82 SLC | +4.3% |
| 2019 | 115.06 SLC | -4.0% |
| 2020 | 108.71 SLC | -5.5% |
| 2021 | 155.44 SLC | +43.0% |
| 2022 | 629.57 SLC | +305.0% |
| 2023 | 146.62 SLC | -76.7% |
| 2024 | 149.37 SLC | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.96 SLC | 5.83 SLC | 14.7 SLC | 10 |
| 1980s | 26.32 SLC | 17.07 SLC | 35.16 SLC | 10 |
| 1990s | 65.12 SLC | 36.98 SLC | 85.55 SLC | 10 |
| 2000s | 108.02 SLC | 87.39 SLC | 161.85 SLC | 10 |
| 2010s | 116.46 SLC | 97.43 SLC | 134.18 SLC | 10 |
| 2020s | 237.94 SLC | 108.71 SLC | 629.57 SLC | 5 |
Countries ranked near Trinidad and Tobago
- 59 Azerbaijan 150.78 SLC compare
- 60 Honduras 150.71 SLC compare
- 61 Turks and Caicos Islands 150.4 SLC compare
- 63 Mauritius 148.59 SLC compare
- 64 Eswatini 147.64 SLC compare
- 65 Papua New Guinea 147.28 SLC 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)
- 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 fixed capital formation deflator — value standard local in Trinidad and Tobago?
- Gross fixed capital formation deflator — value standard local in Trinidad and Tobago was 149.37 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Trinidad and Tobago?
- The highest recorded value was 629.57 SLC in 2022.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Trinidad and Tobago?
- The lowest recorded value was 5.83 SLC in 1970.
- How does Trinidad and Tobago rank for gross fixed capital formation deflator — value standard local?
- Trinidad and Tobago ranks 62nd out of 194 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 21.2%. 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 Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).