Gross value added at basic prices (GVA) (current US$), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.946 current US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Trinidad and Tobago, 1966–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (current us$), per unit of gdp in Trinidad and Tobago stood at 0.946 current US$ per US$ of GDP. That is the lowest value across all 59 years on record.
The figure is down 1.1% on the previous year and down 2.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Trinidad and Tobago peaked at 1.05 current US$ per US$ of GDP in 1979 and was at its lowest, 0.946 current US$ per US$ of GDP, in 2024.
That places Trinidad and Tobago 64th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 59 years of available data.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Trinidad and Tobago, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1966 | 1.02 current US$ per US$ of GDP | — |
| 1967 | 1.01 current US$ per US$ of GDP | -0.2% |
| 1968 | 1.02 current US$ per US$ of GDP | +0.5% |
| 1969 | 1.02 current US$ per US$ of GDP | +0.6% |
| 1970 | 1.02 current US$ per US$ of GDP | -0.5% |
| 1971 | 1.02 current US$ per US$ of GDP | +0.3% |
| 1972 | 1.02 current US$ per US$ of GDP | -0.4% |
| 1973 | 1.02 current US$ per US$ of GDP | +0.3% |
| 1974 | 1.02 current US$ per US$ of GDP | +0.0% |
| 1975 | 1.03 current US$ per US$ of GDP | +0.9% |
| 1976 | 1.04 current US$ per US$ of GDP | +0.6% |
| 1977 | 1.04 current US$ per US$ of GDP | +0.2% |
| 1978 | 1.04 current US$ per US$ of GDP | +0.5% |
| 1979 | 1.05 current US$ per US$ of GDP | +0.8% |
| 1980 | 1.05 current US$ per US$ of GDP | -0.2% |
| 1981 | 1.04 current US$ per US$ of GDP | -0.7% |
| 1982 | 1.04 current US$ per US$ of GDP | -0.4% |
| 1983 | 1.04 current US$ per US$ of GDP | +0.0% |
| 1984 | 1.04 current US$ per US$ of GDP | +0.2% |
| 1985 | 1.04 current US$ per US$ of GDP | +0.3% |
| 1986 | 1.04 current US$ per US$ of GDP | -0.0% |
| 1987 | 1.04 current US$ per US$ of GDP | -0.4% |
| 1988 | 1.04 current US$ per US$ of GDP | -0.2% |
| 1989 | 1.04 current US$ per US$ of GDP | -0.1% |
| 1990 | 0.9832 current US$ per US$ of GDP | -5.2% |
| 1991 | 0.9829 current US$ per US$ of GDP | -0.0% |
| 1992 | 1 current US$ per US$ of GDP | +2.1% |
| 1993 | 0.9843 current US$ per US$ of GDP | -1.9% |
| 1994 | 0.9887 current US$ per US$ of GDP | +0.5% |
| 1995 | 0.9835 current US$ per US$ of GDP | -0.5% |
| 1996 | 0.9849 current US$ per US$ of GDP | +0.1% |
| 1997 | 0.993 current US$ per US$ of GDP | +0.8% |
| 1998 | 0.9805 current US$ per US$ of GDP | -1.3% |
| 1999 | 0.9937 current US$ per US$ of GDP | +1.4% |
| 2000 | 1 current US$ per US$ of GDP | +1.0% |
| 2001 | 0.9989 current US$ per US$ of GDP | -0.5% |
| 2002 | 0.9962 current US$ per US$ of GDP | -0.3% |
| 2003 | 1 current US$ per US$ of GDP | +0.6% |
| 2004 | 0.9982 current US$ per US$ of GDP | -0.4% |
| 2005 | 0.9988 current US$ per US$ of GDP | +0.1% |
| 2006 | 0.9943 current US$ per US$ of GDP | -0.5% |
| 2007 | 0.9952 current US$ per US$ of GDP | +0.1% |
| 2008 | 0.9952 current US$ per US$ of GDP | -0.0% |
| 2009 | 1 current US$ per US$ of GDP | +0.7% |
| 2010 | 0.9984 current US$ per US$ of GDP | -0.4% |
| 2011 | 1 current US$ per US$ of GDP | +0.7% |
| 2012 | 0.9626 current US$ per US$ of GDP | -4.2% |
| 2013 | 0.9638 current US$ per US$ of GDP | +0.1% |
| 2014 | 0.9689 current US$ per US$ of GDP | +0.5% |
| 2015 | 0.954 current US$ per US$ of GDP | -1.5% |
| 2016 | 0.9588 current US$ per US$ of GDP | +0.5% |
| 2017 | 0.9645 current US$ per US$ of GDP | +0.6% |
| 2018 | 0.9593 current US$ per US$ of GDP | -0.5% |
| 2019 | 0.9625 current US$ per US$ of GDP | +0.3% |
| 2020 | 0.9493 current US$ per US$ of GDP | -1.4% |
| 2021 | 0.9482 current US$ per US$ of GDP | -0.1% |
| 2022 | 0.9754 current US$ per US$ of GDP | +2.9% |
| 2023 | 0.9567 current US$ per US$ of GDP | -1.9% |
| 2024 | 0.946 current US$ per US$ of GDP | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.02 current US$ per US$ of GDP | 1.01 current US$ per US$ of GDP | 1.02 current US$ per US$ of GDP | 4 |
| 1970s | 1.03 current US$ per US$ of GDP | 1.02 current US$ per US$ of GDP | 1.05 current US$ per US$ of GDP | 10 |
| 1980s | 1.04 current US$ per US$ of GDP | 1.04 current US$ per US$ of GDP | 1.05 current US$ per US$ of GDP | 10 |
| 1990s | 0.9878 current US$ per US$ of GDP | 0.9805 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2000s | 0.9985 current US$ per US$ of GDP | 0.9943 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2010s | 0.9698 current US$ per US$ of GDP | 0.954 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2020s | 0.9551 current US$ per US$ of GDP | 0.946 current US$ per US$ of GDP | 0.9754 current US$ per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 61 Zimbabwe 0.9471 current US$ per US$ of GDP compare
- 62 Rwanda 0.9468 current US$ per US$ of GDP compare
- 63 Cayman Islands 0.9464 current US$ per US$ of GDP compare
- 65 Congo 0.946 current US$ per US$ of GDP compare
- 66 Djibouti 0.9451 current US$ per US$ of GDP compare
- 67 Saudi Arabia 0.9449 current US$ 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)
- Manufacturing, value added (constant LCU), per capita 19,116 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3464 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 6,490 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 2.34 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 43,808 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in Trinidad and Tobago?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Trinidad and Tobago was 0.946 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 1.05 current US$ per US$ of GDP in 1979.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.946 current US$ per US$ of GDP in 2024.
- How does Trinidad and Tobago rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Trinidad and Tobago ranks 64th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 2.4%. 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) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.