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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Trinidad and Tobago

Trinidad and Tobago: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.8216 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.8216 constant 2015 US$ per US$ of GDP
Change on year
down 1.3%
World rank
54th
of 193 countries
All-time high
2.13 constant 2015 US$ per US$ of GDP
in 1989
All-time low
0.7369 constant 2015 US$ per US$ of GDP
in 2022
Years of data
41
1984–2024

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Trinidad and Tobago, 1984–2024

0.511.521984200420241984: 1.4 constant 2015 US$ per US$ of GDP1985: 1.4 constant 2015 US$ per US$ of GDP1986: 2.1 constant 2015 US$ per US$ of GDP1987: 2 constant 2015 US$ per US$ of GDP1988: 2.1 constant 2015 US$ per US$ of GDP1989: 2.1 constant 2015 US$ per US$ of GDP1990: 1.8 constant 2015 US$ per US$ of GDP1991: 1.8 constant 2015 US$ per US$ of GDP1992: 1.7 constant 2015 US$ per US$ of GDP1993: 2 constant 2015 US$ per US$ of GDP1994: 2 constant 2015 US$ per US$ of GDP1995: 1.6 constant 2015 US$ per US$ of GDP1996: 1.6 constant 2015 US$ per US$ of GDP1997: 1.8 constant 2015 US$ per US$ of GDP1998: 1.8 constant 2015 US$ per US$ of GDP1999: 1.7 constant 2015 US$ per US$ of GDP2000: 1.6 constant 2015 US$ per US$ of GDP2001: 1.5 constant 2015 US$ per US$ of GDP2002: 1.6 constant 2015 US$ per US$ of GDP2003: 1.5 constant 2015 US$ per US$ of GDP2004: 1.4 constant 2015 US$ per US$ of GDP2005: 1.2 constant 2015 US$ per US$ of GDP2006: 1.2 constant 2015 US$ per US$ of GDP2007: 1.1 constant 2015 US$ per US$ of GDP2008: 0.853 constant 2015 US$ per US$ of GDP2009: 1.2 constant 2015 US$ per US$ of GDP2010: 1 constant 2015 US$ per US$ of GDP2011: 0.908 constant 2015 US$ per US$ of GDP2012: 0.892 constant 2015 US$ per US$ of GDP2013: 0.875 constant 2015 US$ per US$ of GDP2014: 0.884 constant 2015 US$ per US$ of GDP2015: 0.954 constant 2015 US$ per US$ of GDP2016: 1 constant 2015 US$ per US$ of GDP2017: 0.958 constant 2015 US$ per US$ of GDP2018: 0.942 constant 2015 US$ per US$ of GDP2019: 0.967 constant 2015 US$ per US$ of GDP2020: 0.984 constant 2015 US$ per US$ of GDP2021: 0.834 constant 2015 US$ per US$ of GDP2022: 0.737 constant 2015 US$ per US$ of GDP2023: 0.833 constant 2015 US$ per US$ of GDP2024: 0.822 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Trinidad and Tobago stood at 0.8216 constant 2015 US$ per US$ of GDP.

Compared with earlier readings it is down 1.3% on the previous year and down 7.0% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Trinidad and Tobago peaked at 2.13 constant 2015 US$ per US$ of GDP in 1989 and was at its lowest, 0.7369 constant 2015 US$ per US$ of GDP, in 2022.

That places Trinidad and Tobago 54th out of 193 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 41 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Trinidad and Tobago, year by year

Year constant 2015 US$ per US$ of GDP Change
1984 1.39 constant 2015 US$ per US$ of GDP —
1985 1.41 constant 2015 US$ per US$ of GDP +1.4%
1986 2.1 constant 2015 US$ per US$ of GDP +49.2%
1987 2.01 constant 2015 US$ per US$ of GDP -4.4%
1988 2.08 constant 2015 US$ per US$ of GDP +3.4%
1989 2.13 constant 2015 US$ per US$ of GDP +2.5%
1990 1.84 constant 2015 US$ per US$ of GDP -13.4%
1991 1.81 constant 2015 US$ per US$ of GDP -1.9%
1992 1.74 constant 2015 US$ per US$ of GDP -4.0%
1993 2 constant 2015 US$ per US$ of GDP +15.1%
1994 1.95 constant 2015 US$ per US$ of GDP -2.4%
1995 1.65 constant 2015 US$ per US$ of GDP -15.7%
1996 1.63 constant 2015 US$ per US$ of GDP -0.8%
1997 1.77 constant 2015 US$ per US$ of GDP +8.7%
1998 1.81 constant 2015 US$ per US$ of GDP +1.9%
1999 1.74 constant 2015 US$ per US$ of GDP -3.6%
2000 1.58 constant 2015 US$ per US$ of GDP -9.3%
2001 1.52 constant 2015 US$ per US$ of GDP -3.7%
2002 1.61 constant 2015 US$ per US$ of GDP +5.7%
2003 1.47 constant 2015 US$ per US$ of GDP -8.8%
2004 1.38 constant 2015 US$ per US$ of GDP -5.7%
2005 1.22 constant 2015 US$ per US$ of GDP -11.8%
2006 1.19 constant 2015 US$ per US$ of GDP -2.3%
2007 1.06 constant 2015 US$ per US$ of GDP -11.1%
2008 0.8533 constant 2015 US$ per US$ of GDP -19.6%
2009 1.15 constant 2015 US$ per US$ of GDP +35.3%
2010 1.03 constant 2015 US$ per US$ of GDP -10.4%
2011 0.9079 constant 2015 US$ per US$ of GDP -12.3%
2012 0.8917 constant 2015 US$ per US$ of GDP -1.8%
2013 0.8753 constant 2015 US$ per US$ of GDP -1.8%
2014 0.8837 constant 2015 US$ per US$ of GDP +1.0%
2015 0.954 constant 2015 US$ per US$ of GDP +7.9%
2016 1.01 constant 2015 US$ per US$ of GDP +6.0%
2017 0.9583 constant 2015 US$ per US$ of GDP -5.3%
2018 0.9422 constant 2015 US$ per US$ of GDP -1.7%
2019 0.9668 constant 2015 US$ per US$ of GDP +2.6%
2020 0.9835 constant 2015 US$ per US$ of GDP +1.7%
2021 0.8344 constant 2015 US$ per US$ of GDP -15.2%
2022 0.7369 constant 2015 US$ per US$ of GDP -11.7%
2023 0.8327 constant 2015 US$ per US$ of GDP +13.0%
2024 0.8216 constant 2015 US$ per US$ of GDP -1.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.85 constant 2015 US$ per US$ of GDP 1.39 constant 2015 US$ per US$ of GDP 2.13 constant 2015 US$ per US$ of GDP 6
1990s 1.79 constant 2015 US$ per US$ of GDP 1.63 constant 2015 US$ per US$ of GDP 2 constant 2015 US$ per US$ of GDP 10
2000s 1.3 constant 2015 US$ per US$ of GDP 0.8533 constant 2015 US$ per US$ of GDP 1.61 constant 2015 US$ per US$ of GDP 10
2010s 0.9426 constant 2015 US$ per US$ of GDP 0.8753 constant 2015 US$ per US$ of GDP 1.03 constant 2015 US$ per US$ of GDP 10
2020s 0.8418 constant 2015 US$ per US$ of GDP 0.7369 constant 2015 US$ per US$ of GDP 0.9835 constant 2015 US$ per US$ of GDP 5

Countries ranked near Trinidad and Tobago

  1. 51 Chad 0.8269 constant 2015 US$ per US$ of GDP compare
  2. 52 Sri Lanka 0.8249 constant 2015 US$ per US$ of GDP compare
  3. 53 Mozambique 0.8239 constant 2015 US$ per US$ of GDP compare
  4. 55 Tunisia 0.8118 constant 2015 US$ per US$ of GDP compare
  5. 56 Ecuador 0.8103 constant 2015 US$ per US$ of GDP compare
  6. 57 Kazakhstan 0.8059 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Trinidad and Tobago?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Trinidad and Tobago was 0.8216 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Trinidad and Tobago?
The highest recorded value was 2.13 constant 2015 US$ per US$ of GDP in 1989.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Trinidad and Tobago?
The lowest recorded value was 0.7369 constant 2015 US$ per US$ of GDP in 2022.
How does Trinidad and Tobago rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Trinidad and Tobago ranks 54th out of 193 countries with data for 2024.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Trinidad and Tobago?
Over the last ten years it is down 7.0%. The long-run trend across the full record is falling.
Where does this Trinidad and Tobago data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/trinidad-and-tobago/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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 value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.