Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 6.39 current LCU per US$ of GDP in 2024. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Trinidad and Tobago, 1966–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), per unit of gdp in Trinidad and Tobago is 6.39 current LCU per US$ of GDP, measured in 2024.
That represents a change of down 1.1% on the previous year and up 2.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Trinidad and Tobago peaked at 6.59 current LCU per US$ of GDP in 2022 and was at its lowest, 1.74 current LCU per US$ of GDP, in 1966.
Trinidad and Tobago ranks 114th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 59 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Trinidad and Tobago, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1966 | 1.74 current LCU per US$ of GDP | — |
| 1967 | 1.76 current LCU per US$ of GDP | +1.2% |
| 1968 | 2.04 current LCU per US$ of GDP | +15.6% |
| 1969 | 2.05 current LCU per US$ of GDP | +0.6% |
| 1970 | 2.04 current LCU per US$ of GDP | -0.5% |
| 1971 | 2.02 current LCU per US$ of GDP | -0.9% |
| 1972 | 1.96 current LCU per US$ of GDP | -3.1% |
| 1973 | 2 current LCU per US$ of GDP | +2.2% |
| 1974 | 2.1 current LCU per US$ of GDP | +4.8% |
| 1975 | 2.24 current LCU per US$ of GDP | +6.6% |
| 1976 | 2.53 current LCU per US$ of GDP | +13.0% |
| 1977 | 2.49 current LCU per US$ of GDP | -1.3% |
| 1978 | 2.51 current LCU per US$ of GDP | +0.5% |
| 1979 | 2.53 current LCU per US$ of GDP | +0.8% |
| 1980 | 2.52 current LCU per US$ of GDP | -0.2% |
| 1981 | 2.5 current LCU per US$ of GDP | -0.7% |
| 1982 | 2.5 current LCU per US$ of GDP | -0.4% |
| 1983 | 2.5 current LCU per US$ of GDP | +0.0% |
| 1984 | 2.5 current LCU per US$ of GDP | +0.2% |
| 1985 | 2.56 current LCU per US$ of GDP | +2.4% |
| 1986 | 3.76 current LCU per US$ of GDP | +46.9% |
| 1987 | 3.74 current LCU per US$ of GDP | -0.4% |
| 1988 | 3.99 current LCU per US$ of GDP | +6.6% |
| 1989 | 4.41 current LCU per US$ of GDP | +10.5% |
| 1990 | 4.18 current LCU per US$ of GDP | -5.2% |
| 1991 | 4.18 current LCU per US$ of GDP | -0.0% |
| 1992 | 4.26 current LCU per US$ of GDP | +2.1% |
| 1993 | 5.27 current LCU per US$ of GDP | +23.5% |
| 1994 | 5.86 current LCU per US$ of GDP | +11.2% |
| 1995 | 5.85 current LCU per US$ of GDP | -0.1% |
| 1996 | 5.91 current LCU per US$ of GDP | +1.1% |
| 1997 | 6.21 current LCU per US$ of GDP | +5.0% |
| 1998 | 6.18 current LCU per US$ of GDP | -0.5% |
| 1999 | 6.26 current LCU per US$ of GDP | +1.4% |
| 2000 | 6.32 current LCU per US$ of GDP | +1.0% |
| 2001 | 6.23 current LCU per US$ of GDP | -1.5% |
| 2002 | 6.22 current LCU per US$ of GDP | -0.0% |
| 2003 | 6.31 current LCU per US$ of GDP | +1.3% |
| 2004 | 6.29 current LCU per US$ of GDP | -0.3% |
| 2005 | 6.29 current LCU per US$ of GDP | +0.1% |
| 2006 | 6.28 current LCU per US$ of GDP | -0.3% |
| 2007 | 6.3 current LCU per US$ of GDP | +0.3% |
| 2008 | 6.26 current LCU per US$ of GDP | -0.6% |
| 2009 | 6.34 current LCU per US$ of GDP | +1.3% |
| 2010 | 6.37 current LCU per US$ of GDP | +0.4% |
| 2011 | 6.44 current LCU per US$ of GDP | +1.2% |
| 2012 | 6.19 current LCU per US$ of GDP | -3.9% |
| 2013 | 6.21 current LCU per US$ of GDP | +0.3% |
| 2014 | 6.21 current LCU per US$ of GDP | +0.0% |
| 2015 | 6.08 current LCU per US$ of GDP | -2.0% |
| 2016 | 6.39 current LCU per US$ of GDP | +5.1% |
| 2017 | 6.54 current LCU per US$ of GDP | +2.3% |
| 2018 | 6.5 current LCU per US$ of GDP | -0.7% |
| 2019 | 6.5 current LCU per US$ of GDP | +0.1% |
| 2020 | 6.41 current LCU per US$ of GDP | -1.4% |
| 2021 | 6.41 current LCU per US$ of GDP | -0.0% |
| 2022 | 6.59 current LCU per US$ of GDP | +2.8% |
| 2023 | 6.46 current LCU per US$ of GDP | -2.0% |
| 2024 | 6.39 current LCU per US$ of GDP | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.9 current LCU per US$ of GDP | 1.74 current LCU per US$ of GDP | 2.05 current LCU per US$ of GDP | 4 |
| 1970s | 2.24 current LCU per US$ of GDP | 1.96 current LCU per US$ of GDP | 2.53 current LCU per US$ of GDP | 10 |
| 1980s | 3.1 current LCU per US$ of GDP | 2.5 current LCU per US$ of GDP | 4.41 current LCU per US$ of GDP | 10 |
| 1990s | 5.42 current LCU per US$ of GDP | 4.18 current LCU per US$ of GDP | 6.26 current LCU per US$ of GDP | 10 |
| 2000s | 6.28 current LCU per US$ of GDP | 6.22 current LCU per US$ of GDP | 6.34 current LCU per US$ of GDP | 10 |
| 2010s | 6.34 current LCU per US$ of GDP | 6.08 current LCU per US$ of GDP | 6.54 current LCU per US$ of GDP | 10 |
| 2020s | 6.45 current LCU per US$ of GDP | 6.39 current LCU per US$ of GDP | 6.59 current LCU per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 111 Guatemala 7.18 current LCU per US$ of GDP compare
- 112 Greenland 6.61 current LCU per US$ of GDP compare
- 113 Bolivia, Plurinational State of 6.46 current LCU per US$ of GDP compare
- 115 Faroe Islands 6.08 current LCU per US$ of GDP compare
- 116 Denmark 5.87 current LCU per US$ of GDP compare
- 117 Libya 5.39 current LCU per US$ of GDP 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -4.75 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0525 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 983.34 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -5.39 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0047 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 87.84 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -5.39 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0265 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in Trinidad and Tobago?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Trinidad and Tobago was 6.39 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 6.59 current LCU per US$ of GDP in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 1.74 current LCU per US$ of GDP in 1966.
- How does Trinidad and Tobago rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Trinidad and Tobago ranks 114th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- 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) (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
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
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.