Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Trinidad and Tobago
Trinidad and Tobago: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 13,624 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Trinidad and Tobago stood at 13,624 million SLC.
That represents a change of down 8.6% on the previous year and down 47.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Trinidad and Tobago peaked at 49,857 million SLC in 2016 and was at its lowest, 1,320 million SLC, in 2022.
That places Trinidad and Tobago 129th out of 194 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Trinidad and Tobago, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 6,228 million SLC | — |
| 1971 | 9,774 million SLC | +56.9% |
| 1972 | 8,601 million SLC | -12.0% |
| 1973 | 7,766 million SLC | -9.7% |
| 1974 | 11,210 million SLC | +44.3% |
| 1975 | 13,583 million SLC | +21.2% |
| 1976 | 15,547 million SLC | +14.5% |
| 1977 | 16,045 million SLC | +3.2% |
| 1978 | 20,543 million SLC | +28.0% |
| 1979 | 21,203 million SLC | +3.2% |
| 1980 | 25,994 million SLC | +22.6% |
| 1981 | 21,672 million SLC | -16.6% |
| 1982 | 22,241 million SLC | +2.6% |
| 1983 | 21,583 million SLC | -3.0% |
| 1984 | 19,150 million SLC | -11.3% |
| 1985 | 16,147 million SLC | -15.7% |
| 1986 | 13,112 million SLC | -18.8% |
| 1987 | 10,441 million SLC | -20.4% |
| 1988 | 6,881 million SLC | -34.1% |
| 1989 | 8,148 million SLC | +18.4% |
| 1990 | 8,478 million SLC | +4.0% |
| 1991 | 8,621 million SLC | +1.7% |
| 1992 | 6,576 million SLC | -23.7% |
| 1993 | 6,443 million SLC | -2.0% |
| 1994 | 8,009 million SLC | +24.3% |
| 1995 | 10,120 million SLC | +26.4% |
| 1996 | 10,427 million SLC | +3.0% |
| 1997 | 14,988 million SLC | +43.7% |
| 1998 | 14,864 million SLC | -0.8% |
| 1999 | 10,899 million SLC | -26.7% |
| 2000 | 9,656 million SLC | -11.4% |
| 2001 | 14,674 million SLC | +52.0% |
| 2002 | 12,514 million SLC | -14.7% |
| 2003 | 20,137 million SLC | +60.9% |
| 2004 | 17,753 million SLC | -11.8% |
| 2005 | 27,262 million SLC | +53.6% |
| 2006 | 18,078 million SLC | -33.7% |
| 2007 | 16,568 million SLC | -8.3% |
| 2008 | 16,500 million SLC | -0.4% |
| 2009 | 17,745 million SLC | +7.5% |
| 2010 | 14,890 million SLC | -16.1% |
| 2011 | 12,008 million SLC | -19.4% |
| 2012 | 25,440 million SLC | +111.9% |
| 2013 | 17,744 million SLC | -30.3% |
| 2014 | 25,851 million SLC | +45.7% |
| 2015 | 43,877 million SLC | +69.7% |
| 2016 | 49,857 million SLC | +13.6% |
| 2017 | 31,081 million SLC | -37.7% |
| 2018 | 23,420 million SLC | -24.6% |
| 2019 | 27,192 million SLC | +16.1% |
| 2020 | 29,610 million SLC | +8.9% |
| 2021 | 12,212 million SLC | -58.8% |
| 2022 | 1,320 million SLC | -89.2% |
| 2023 | 14,905 million SLC | +1029.0% |
| 2024 | 13,624 million SLC | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,050 million SLC | 6,228 million SLC | 21,203 million SLC | 10 |
| 1980s | 16,537 million SLC | 6,881 million SLC | 25,994 million SLC | 10 |
| 1990s | 9,942 million SLC | 6,443 million SLC | 14,988 million SLC | 10 |
| 2000s | 17,089 million SLC | 9,656 million SLC | 27,262 million SLC | 10 |
| 2010s | 27,136 million SLC | 12,008 million SLC | 49,857 million SLC | 10 |
| 2020s | 14,334 million SLC | 1,320 million SLC | 29,610 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)
- Gross fixed capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Trinidad and Tobago?
- Gross fixed capital formation — value standard local currency, 2015 in Trinidad and Tobago was 13,624 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Trinidad and Tobago?
- The highest recorded value was 49,857 million SLC in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Trinidad and Tobago?
- The lowest recorded value was 1,320 million SLC in 2022.
- How does Trinidad and Tobago rank for gross fixed capital formation — value standard local currency, 2015?
- Trinidad and Tobago ranks 129th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 47.3%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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).