Industry (including construction), value added (constant 2015 US$) in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added (constant 2015 US$) was 7.21 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Trinidad and Tobago, 1984–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Trinidad and Tobago is 7.21 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is up 2.0% on the previous year and down 25.9% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 10.78 billion constant 2015 US$ in 2008 and was at its lowest, 3.24 billion constant 2015 US$, in 1987.
That places Trinidad and Tobago 106th out of 196 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Industry (including construction), value added (constant 2015 US$) in Trinidad and Tobago, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1984 | 3.90 billion constant 2015 US$ | — |
| 1985 | 3.71 billion constant 2015 US$ | -5.1% |
| 1986 | 3.53 billion constant 2015 US$ | -4.9% |
| 1987 | 3.24 billion constant 2015 US$ | -8.2% |
| 1988 | 3.49 billion constant 2015 US$ | +7.8% |
| 1989 | 3.45 billion constant 2015 US$ | -1.0% |
| 1990 | 3.51 billion constant 2015 US$ | +1.6% |
| 1991 | 3.61 billion constant 2015 US$ | +2.9% |
| 1992 | 3.51 billion constant 2015 US$ | -2.8% |
| 1993 | 3.30 billion constant 2015 US$ | -6.0% |
| 1994 | 3.57 billion constant 2015 US$ | +8.1% |
| 1995 | 3.32 billion constant 2015 US$ | -6.9% |
| 1996 | 3.57 billion constant 2015 US$ | +7.4% |
| 1997 | 3.63 billion constant 2015 US$ | +1.9% |
| 1998 | 4.00 billion constant 2015 US$ | +10.2% |
| 1999 | 4.51 billion constant 2015 US$ | +12.6% |
| 2000 | 4.98 billion constant 2015 US$ | +10.4% |
| 2001 | 5.32 billion constant 2015 US$ | +6.9% |
| 2002 | 5.79 billion constant 2015 US$ | +8.8% |
| 2003 | 7.33 billion constant 2015 US$ | +26.5% |
| 2004 | 7.92 billion constant 2015 US$ | +8.0% |
| 2005 | 8.71 billion constant 2015 US$ | +10.0% |
| 2006 | 10.23 billion constant 2015 US$ | +17.4% |
| 2007 | 10.67 billion constant 2015 US$ | +4.4% |
| 2008 | 10.78 billion constant 2015 US$ | +1.0% |
| 2009 | 10.57 billion constant 2015 US$ | -2.0% |
| 2010 | 10.38 billion constant 2015 US$ | -1.9% |
| 2011 | 10.01 billion constant 2015 US$ | -3.5% |
| 2012 | 9.71 billion constant 2015 US$ | -3.0% |
| 2013 | 9.84 billion constant 2015 US$ | +1.3% |
| 2014 | 9.73 billion constant 2015 US$ | -1.1% |
| 2015 | 9.66 billion constant 2015 US$ | -0.7% |
| 2016 | 8.91 billion constant 2015 US$ | -7.8% |
| 2017 | 8.74 billion constant 2015 US$ | -1.9% |
| 2018 | 8.52 billion constant 2015 US$ | -2.5% |
| 2019 | 8.26 billion constant 2015 US$ | -3.1% |
| 2020 | 7.30 billion constant 2015 US$ | -11.6% |
| 2021 | 7.26 billion constant 2015 US$ | -0.5% |
| 2022 | 7.44 billion constant 2015 US$ | +2.4% |
| 2023 | 7.06 billion constant 2015 US$ | -5.0% |
| 2024 | 7.21 billion constant 2015 US$ | +2.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 7.21 billion constant 2015 US$ is below the median for high income countries, which is 27.07 billion constant 2015 US$, 27% of the median. (69 countries reporting)
- Trinidad and Tobago's 7.21 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 6.95 billion constant 2015 US$, 1.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.55 billion constant 2015 US$ | 3.24 billion constant 2015 US$ | 3.90 billion constant 2015 US$ | 6 |
| 1990s | 3.65 billion constant 2015 US$ | 3.30 billion constant 2015 US$ | 4.51 billion constant 2015 US$ | 10 |
| 2000s | 8.23 billion constant 2015 US$ | 4.98 billion constant 2015 US$ | 10.78 billion constant 2015 US$ | 10 |
| 2010s | 9.37 billion constant 2015 US$ | 8.26 billion constant 2015 US$ | 10.38 billion constant 2015 US$ | 10 |
| 2020s | 7.25 billion constant 2015 US$ | 7.06 billion constant 2015 US$ | 7.44 billion constant 2015 US$ | 5 |
Countries ranked near Trinidad and Tobago
- 103 El Salvador 7.36 billion constant 2015 US$ compare
- 104 Laos 7.33 billion constant 2015 US$ compare
- 105 Zimbabwe 7.26 billion constant 2015 US$ compare
- 107 Luxembourg 6.70 billion constant 2015 US$ compare
- 108 Honduras 6.70 billion constant 2015 US$ compare
- 109 Guinea 5.82 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0414 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 785.84 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4521 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0303 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 573.82 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.09 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0186 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in Trinidad and Tobago?
- Industry (including construction), value added in Trinidad and Tobago was 7.21 billion constant 2015 US$ 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 10.78 billion constant 2015 US$ in 2008.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was 3.24 billion constant 2015 US$ in 1987.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 106th out of 196 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 down 25.9%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.