Gross Fixed Capital Formation — Value Standard Local Currency in Trinidad and Tobago
Trinidad and Tobago: Gross Fixed Capital Formation — Value Standard Local Currency was 20,351 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Trinidad and Tobago is 20,351 million SLC, measured in 2024.
Compared with earlier readings it is down 6.9% on the previous year and down 36.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Trinidad and Tobago peaked at 48,578 million SLC in 2016 and was at its lowest, 363.11 million SLC, in 1970.
That places Trinidad and Tobago 136th out of 202 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 in Trinidad and Tobago, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 363.11 million SLC | — |
| 1971 | 613.28 million SLC | +68.9% |
| 1972 | 649.17 million SLC | +5.9% |
| 1973 | 611.17 million SLC | -5.9% |
| 1974 | 687.17 million SLC | +12.4% |
| 1975 | 1,145 million SLC | +66.7% |
| 1976 | 1,476 million SLC | +28.8% |
| 1977 | 1,831 million SLC | +24.1% |
| 1978 | 2,452 million SLC | +33.9% |
| 1979 | 3,116 million SLC | +27.1% |
| 1980 | 4,438 million SLC | +42.4% |
| 1981 | 4,521 million SLC | +1.9% |
| 1982 | 5,312 million SLC | +17.5% |
| 1983 | 5,062 million SLC | -4.7% |
| 1984 | 4,606 million SLC | -9.0% |
| 1985 | 3,859 million SLC | -16.2% |
| 1986 | 3,793 million SLC | -1.7% |
| 1987 | 3,378 million SLC | -10.9% |
| 1988 | 2,307 million SLC | -31.7% |
| 1989 | 2,865 million SLC | +24.2% |
| 1990 | 3,135 million SLC | +9.4% |
| 1991 | 3,763 million SLC | +20.0% |
| 1992 | 3,327 million SLC | -11.6% |
| 1993 | 3,596 million SLC | +8.1% |
| 1994 | 6,121 million SLC | +70.2% |
| 1995 | 6,334 million SLC | +3.5% |
| 1996 | 8,410 million SLC | +32.8% |
| 1997 | 11,084 million SLC | +31.8% |
| 1998 | 12,623 million SLC | +13.9% |
| 1999 | 9,324 million SLC | -26.1% |
| 2000 | 8,438 million SLC | -9.5% |
| 2001 | 15,325 million SLC | +81.6% |
| 2002 | 13,001 million SLC | -15.2% |
| 2003 | 18,216 million SLC | +40.1% |
| 2004 | 16,551 million SLC | -9.1% |
| 2005 | 30,460 million SLC | +84.0% |
| 2006 | 18,546 million SLC | -39.1% |
| 2007 | 17,772 million SLC | -4.2% |
| 2008 | 19,371 million SLC | +9.0% |
| 2009 | 28,720 million SLC | +48.3% |
| 2010 | 17,754 million SLC | -38.2% |
| 2011 | 16,112 million SLC | -9.2% |
| 2012 | 28,162 million SLC | +74.8% |
| 2013 | 23,079 million SLC | -18.1% |
| 2014 | 31,859 million SLC | +38.0% |
| 2015 | 43,877 million SLC | +37.7% |
| 2016 | 48,578 million SLC | +10.7% |
| 2017 | 35,696 million SLC | -26.5% |
| 2018 | 28,063 million SLC | -21.4% |
| 2019 | 31,287 million SLC | +11.5% |
| 2020 | 32,188 million SLC | +2.9% |
| 2021 | 18,981 million SLC | -41.0% |
| 2022 | 8,311 million SLC | -56.2% |
| 2023 | 21,854 million SLC | +162.9% |
| 2024 | 20,351 million SLC | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,294 million SLC | 363.11 million SLC | 3,116 million SLC | 10 |
| 1980s | 4,014 million SLC | 2,307 million SLC | 5,312 million SLC | 10 |
| 1990s | 6,772 million SLC | 3,135 million SLC | 12,623 million SLC | 10 |
| 2000s | 18,640 million SLC | 8,438 million SLC | 30,460 million SLC | 10 |
| 2010s | 30,447 million SLC | 16,112 million SLC | 48,578 million SLC | 10 |
| 2020s | 20,337 million SLC | 8,311 million SLC | 32,188 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)
- 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 fixed capital formation — value standard local currency in Trinidad and Tobago?
- Gross fixed capital formation — value standard local currency in Trinidad and Tobago was 20,351 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 recorded in Trinidad and Tobago?
- The highest recorded value was 48,578 million SLC in 2016.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Trinidad and Tobago?
- The lowest recorded value was 363.11 million SLC in 1970.
- How does Trinidad and Tobago rank for gross fixed capital formation — value standard local currency?
- Trinidad and Tobago ranks 136th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 36.1%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).