Industry (including construction), value added (constant 2015 US$) in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added (constant 2015 US$) was 0.2811 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in Trinidad and Tobago, 1984–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for industry (including construction), value added (constant 2015 us$) in Trinidad and Tobago is 0.2811 constant 2015 US$ per US$ of GDP, measured in 2024.
The figure is down 0.4% on the previous year and down 14.8% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Trinidad and Tobago peaked at 0.7988 constant 2015 US$ per US$ of GDP in 1989 and was at its lowest, 0.2624 constant 2015 US$ per US$ of GDP, in 2022.
That places Trinidad and Tobago 37th out of 195 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Industry (including construction), value added (constant 2015 US$) in Trinidad and Tobago, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.5033 constant 2015 US$ per US$ of GDP | — |
| 1985 | 0.5024 constant 2015 US$ per US$ of GDP | -0.2% |
| 1986 | 0.7354 constant 2015 US$ per US$ of GDP | +46.4% |
| 1987 | 0.6745 constant 2015 US$ per US$ of GDP | -8.3% |
| 1988 | 0.7758 constant 2015 US$ per US$ of GDP | +15.0% |
| 1989 | 0.7988 constant 2015 US$ per US$ of GDP | +3.0% |
| 1990 | 0.6923 constant 2015 US$ per US$ of GDP | -13.3% |
| 1991 | 0.6803 constant 2015 US$ per US$ of GDP | -1.7% |
| 1992 | 0.6454 constant 2015 US$ per US$ of GDP | -5.1% |
| 1993 | 0.7068 constant 2015 US$ per US$ of GDP | +9.5% |
| 1994 | 0.7209 constant 2015 US$ per US$ of GDP | +2.0% |
| 1995 | 0.6232 constant 2015 US$ per US$ of GDP | -13.6% |
| 1996 | 0.6194 constant 2015 US$ per US$ of GDP | -0.6% |
| 1997 | 0.6334 constant 2015 US$ per US$ of GDP | +2.3% |
| 1998 | 0.6626 constant 2015 US$ per US$ of GDP | +4.6% |
| 1999 | 0.6624 constant 2015 US$ per US$ of GDP | -0.0% |
| 2000 | 0.6107 constant 2015 US$ per US$ of GDP | -7.8% |
| 2001 | 0.6032 constant 2015 US$ per US$ of GDP | -1.2% |
| 2002 | 0.6431 constant 2015 US$ per US$ of GDP | +6.6% |
| 2003 | 0.6484 constant 2015 US$ per US$ of GDP | +0.8% |
| 2004 | 0.5963 constant 2015 US$ per US$ of GDP | -8.0% |
| 2005 | 0.5449 constant 2015 US$ per US$ of GDP | -8.6% |
| 2006 | 0.5568 constant 2015 US$ per US$ of GDP | +2.2% |
| 2007 | 0.4932 constant 2015 US$ per US$ of GDP | -11.4% |
| 2008 | 0.3869 constant 2015 US$ per US$ of GDP | -21.5% |
| 2009 | 0.5515 constant 2015 US$ per US$ of GDP | +42.5% |
| 2010 | 0.4682 constant 2015 US$ per US$ of GDP | -15.1% |
| 2011 | 0.3935 constant 2015 US$ per US$ of GDP | -16.0% |
| 2012 | 0.3576 constant 2015 US$ per US$ of GDP | -9.1% |
| 2013 | 0.3444 constant 2015 US$ per US$ of GDP | -3.7% |
| 2014 | 0.33 constant 2015 US$ per US$ of GDP | -4.2% |
| 2015 | 0.3598 constant 2015 US$ per US$ of GDP | +9.0% |
| 2016 | 0.377 constant 2015 US$ per US$ of GDP | +4.8% |
| 2017 | 0.3667 constant 2015 US$ per US$ of GDP | -2.7% |
| 2018 | 0.3569 constant 2015 US$ per US$ of GDP | -2.7% |
| 2019 | 0.3517 constant 2015 US$ per US$ of GDP | -1.5% |
| 2020 | 0.3493 constant 2015 US$ per US$ of GDP | -0.7% |
| 2021 | 0.2997 constant 2015 US$ per US$ of GDP | -14.2% |
| 2022 | 0.2624 constant 2015 US$ per US$ of GDP | -12.5% |
| 2023 | 0.2822 constant 2015 US$ per US$ of GDP | +7.5% |
| 2024 | 0.2811 constant 2015 US$ per US$ of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.665 constant 2015 US$ per US$ of GDP | 0.5024 constant 2015 US$ per US$ of GDP | 0.7988 constant 2015 US$ per US$ of GDP | 6 |
| 1990s | 0.6647 constant 2015 US$ per US$ of GDP | 0.6194 constant 2015 US$ per US$ of GDP | 0.7209 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.5635 constant 2015 US$ per US$ of GDP | 0.3869 constant 2015 US$ per US$ of GDP | 0.6484 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.3706 constant 2015 US$ per US$ of GDP | 0.33 constant 2015 US$ per US$ of GDP | 0.4682 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2949 constant 2015 US$ per US$ of GDP | 0.2624 constant 2015 US$ per US$ of GDP | 0.3493 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 34 Kazakhstan 0.293 constant 2015 US$ per US$ of GDP compare
- 35 Azerbaijan 0.2868 constant 2015 US$ per US$ of GDP compare
- 36 Nigeria 0.2863 constant 2015 US$ per US$ of GDP compare
- 38 Philippines 0.281 constant 2015 US$ per US$ of GDP compare
- 39 Equatorial Guinea 0.2792 constant 2015 US$ per US$ of GDP compare
- 40 Papua New Guinea 0.2738 constant 2015 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)
- Gross fixed capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Trinidad and Tobago?
- Industry (including construction), value added (constant 2015 us$) in Trinidad and Tobago was 0.2811 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Trinidad and Tobago?
- The highest recorded value was 0.7988 constant 2015 US$ per US$ of GDP in 1989.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Trinidad and Tobago?
- The lowest recorded value was 0.2624 constant 2015 US$ per US$ of GDP in 2022.
- How does Trinidad and Tobago rank for industry (including construction), value added (constant 2015 us$)?
- Trinidad and Tobago ranks 37th out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 14.8%. 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 Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.