Industry (including construction), value added in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added was 2.0% in 2024. ◆ Volatile
Industry (including construction), value added in Trinidad and Tobago, 1985–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for industry (including construction), value added in Trinidad and Tobago is 2.0%, measured in 2024.
The figure is up 140.1% on the previous year and up 278.2% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 26.5% in 2003 and was at its lowest, -11.6%, in 2020.
That places Trinidad and Tobago 112th out of 199 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.
Industry (including construction), value added in Trinidad and Tobago, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1985 | -5.1% | — |
| 1986 | -4.9% | -4.2% |
| 1987 | -8.2% | +69.1% |
| 1988 | 7.8% | -195.0% |
| 1989 | -1.0% | -113.0% |
| 1990 | 1.6% | -257.5% |
| 1991 | 2.9% | +82.3% |
| 1992 | -2.8% | -195.1% |
| 1993 | -6.0% | +116.2% |
| 1994 | 8.1% | -234.5% |
| 1995 | -6.9% | -185.3% |
| 1996 | 7.4% | -208.0% |
| 1997 | 1.9% | -74.8% |
| 1998 | 10.2% | +445.1% |
| 1999 | 12.6% | +24.1% |
| 2000 | 10.4% | -17.6% |
| 2001 | 6.9% | -33.9% |
| 2002 | 8.8% | +28.3% |
| 2003 | 26.5% | +200.2% |
| 2004 | 8.0% | -69.7% |
| 2005 | 10.0% | +23.9% |
| 2006 | 17.4% | +75.0% |
| 2007 | 4.4% | -75.0% |
| 2008 | 1.0% | -76.1% |
| 2009 | -2.0% | -287.4% |
| 2010 | -1.9% | -4.1% |
| 2011 | -3.5% | +89.0% |
| 2012 | -3.0% | -15.5% |
| 2013 | 1.3% | -144.0% |
| 2014 | -1.1% | -185.5% |
| 2015 | -0.7% | -36.6% |
| 2016 | -7.8% | +989.6% |
| 2017 | -1.9% | -75.7% |
| 2018 | -2.5% | +31.5% |
| 2019 | -3.1% | +26.2% |
| 2020 | -11.6% | +272.5% |
| 2021 | -0.5% | -95.8% |
| 2022 | 2.4% | -590.9% |
| 2023 | -5.0% | -306.0% |
| 2024 | 2.0% | -140.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.3% | -8.2% | 7.8% | 5 |
| 1990s | 2.9% | -6.9% | 12.6% | 10 |
| 2000s | 9.2% | -2.0% | 26.5% | 10 |
| 2010s | -2.4% | -7.8% | 1.3% | 10 |
| 2020s | -2.5% | -11.6% | 2.4% | 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)
- 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 industry (including construction), value added in Trinidad and Tobago?
- Industry (including construction), value added in Trinidad and Tobago was 2.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Trinidad and Tobago?
- The highest recorded value was 26.5% in 2003.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was -11.6% in 2020.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 112th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 278.2%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.