Gross Fixed Capital Formation — Value US$, 2015 prices in Trinidad and Tobago
Trinidad and Tobago: Gross Fixed Capital Formation — Value US$, 2015 prices was 2,136 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Trinidad and Tobago, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Trinidad and Tobago is 2,136 million USD, measured in 2024.
The figure is down 8.6% on the previous year and down 47.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Trinidad and Tobago peaked at 7,818 million USD in 2016 and was at its lowest, 207.01 million USD, in 2022.
That places Trinidad and Tobago 147th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Trinidad and Tobago, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 976.49 million USD | — |
| 1971 | 1,533 million USD | +56.9% |
| 1972 | 1,349 million USD | -12.0% |
| 1973 | 1,218 million USD | -9.7% |
| 1974 | 1,758 million USD | +44.3% |
| 1975 | 2,130 million USD | +21.2% |
| 1976 | 2,438 million USD | +14.5% |
| 1977 | 2,516 million USD | +3.2% |
| 1978 | 3,221 million USD | +28.0% |
| 1979 | 3,325 million USD | +3.2% |
| 1980 | 4,076 million USD | +22.6% |
| 1981 | 3,398 million USD | -16.6% |
| 1982 | 3,488 million USD | +2.6% |
| 1983 | 3,384 million USD | -3.0% |
| 1984 | 3,003 million USD | -11.3% |
| 1985 | 2,532 million USD | -15.7% |
| 1986 | 2,056 million USD | -18.8% |
| 1987 | 1,637 million USD | -20.4% |
| 1988 | 1,079 million USD | -34.1% |
| 1989 | 1,278 million USD | +18.4% |
| 1990 | 1,329 million USD | +4.0% |
| 1991 | 1,352 million USD | +1.7% |
| 1992 | 1,031 million USD | -23.7% |
| 1993 | 1,010 million USD | -2.0% |
| 1994 | 1,256 million USD | +24.3% |
| 1995 | 1,587 million USD | +26.4% |
| 1996 | 1,635 million USD | +3.0% |
| 1997 | 2,350 million USD | +43.7% |
| 1998 | 2,331 million USD | -0.8% |
| 1999 | 1,709 million USD | -26.7% |
| 2000 | 1,514 million USD | -11.4% |
| 2001 | 2,301 million USD | +52.0% |
| 2002 | 1,962 million USD | -14.7% |
| 2003 | 3,158 million USD | +60.9% |
| 2004 | 2,784 million USD | -11.8% |
| 2005 | 4,275 million USD | +53.6% |
| 2006 | 2,835 million USD | -33.7% |
| 2007 | 2,598 million USD | -8.3% |
| 2008 | 2,587 million USD | -0.4% |
| 2009 | 2,782 million USD | +7.5% |
| 2010 | 2,335 million USD | -16.1% |
| 2011 | 1,883 million USD | -19.4% |
| 2012 | 3,989 million USD | +111.9% |
| 2013 | 2,782 million USD | -30.3% |
| 2014 | 4,053 million USD | +45.7% |
| 2015 | 6,880 million USD | +69.7% |
| 2016 | 7,818 million USD | +13.6% |
| 2017 | 4,874 million USD | -37.7% |
| 2018 | 3,672 million USD | -24.6% |
| 2019 | 4,264 million USD | +16.1% |
| 2020 | 4,643 million USD | +8.9% |
| 2021 | 1,915 million USD | -58.8% |
| 2022 | 207.01 million USD | -89.2% |
| 2023 | 2,337 million USD | +1029.0% |
| 2024 | 2,136 million USD | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,046 million USD | 976.49 million USD | 3,325 million USD | 10 |
| 1980s | 2,593 million USD | 1,079 million USD | 4,076 million USD | 10 |
| 1990s | 1,559 million USD | 1,010 million USD | 2,350 million USD | 10 |
| 2000s | 2,680 million USD | 1,514 million USD | 4,275 million USD | 10 |
| 2010s | 4,255 million USD | 1,883 million USD | 7,818 million USD | 10 |
| 2020s | 2,248 million USD | 207.01 million USD | 4,643 million USD | 5 |
Countries ranked near Trinidad and Tobago
- 144 Mauritania 2,330 million USD compare
- 145 Somalia 2,295 million USD compare
- 146 Papua New Guinea 2,155 million USD compare
- 148 Monaco 2,090 million USD compare
- 149 Togo 1,878 million USD compare
- 150 Liechtenstein 1,814 million USD 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)
- Services, value added (constant LCU), per capita 61,997 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.24 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.946 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 17,722 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.23 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6.39 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 119,628 current LCU per person (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Trinidad and Tobago?
- Gross fixed capital formation — value us$, 2015 prices in Trinidad and Tobago was 2,136 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Trinidad and Tobago?
- The highest recorded value was 7,818 million USD in 2016.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Trinidad and Tobago?
- The lowest recorded value was 207.01 million USD in 2022.
- How does Trinidad and Tobago rank for gross fixed capital formation — value us$, 2015 prices?
- Trinidad and Tobago ranks 147th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).