Industry (including construction), value added (constant LCU), per in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added (constant LCU), per was 2.37 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Trinidad and Tobago, 1984–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (constant lcu), per in Trinidad and Tobago stood at 2.37 constant LCU per US$ of GDP.
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 lcu), per in Trinidad and Tobago peaked at 6.72 constant LCU per US$ of GDP in 1989 and was at its lowest, 2.21 constant LCU per US$ of GDP, in 2022.
That places Trinidad and Tobago 84th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Industry (including construction), value added (constant LCU), per in Trinidad and Tobago, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1984 | 4.24 constant LCU per US$ of GDP | — |
| 1985 | 4.23 constant LCU per US$ of GDP | -0.2% |
| 1986 | 6.19 constant LCU per US$ of GDP | +46.4% |
| 1987 | 5.68 constant LCU per US$ of GDP | -8.3% |
| 1988 | 6.53 constant LCU per US$ of GDP | +15.0% |
| 1989 | 6.72 constant LCU per US$ of GDP | +3.0% |
| 1990 | 5.83 constant LCU per US$ of GDP | -13.3% |
| 1991 | 5.73 constant LCU per US$ of GDP | -1.7% |
| 1992 | 5.43 constant LCU per US$ of GDP | -5.1% |
| 1993 | 5.95 constant LCU per US$ of GDP | +9.5% |
| 1994 | 6.07 constant LCU per US$ of GDP | +2.0% |
| 1995 | 5.25 constant LCU per US$ of GDP | -13.6% |
| 1996 | 5.21 constant LCU per US$ of GDP | -0.6% |
| 1997 | 5.33 constant LCU per US$ of GDP | +2.3% |
| 1998 | 5.58 constant LCU per US$ of GDP | +4.6% |
| 1999 | 5.58 constant LCU per US$ of GDP | -0.0% |
| 2000 | 5.14 constant LCU per US$ of GDP | -7.8% |
| 2001 | 5.08 constant LCU per US$ of GDP | -1.2% |
| 2002 | 5.41 constant LCU per US$ of GDP | +6.6% |
| 2003 | 5.46 constant LCU per US$ of GDP | +0.8% |
| 2004 | 5.02 constant LCU per US$ of GDP | -8.0% |
| 2005 | 4.59 constant LCU per US$ of GDP | -8.6% |
| 2006 | 4.69 constant LCU per US$ of GDP | +2.2% |
| 2007 | 4.15 constant LCU per US$ of GDP | -11.4% |
| 2008 | 3.26 constant LCU per US$ of GDP | -21.5% |
| 2009 | 4.64 constant LCU per US$ of GDP | +42.5% |
| 2010 | 3.94 constant LCU per US$ of GDP | -15.1% |
| 2011 | 3.31 constant LCU per US$ of GDP | -16.0% |
| 2012 | 3.01 constant LCU per US$ of GDP | -9.1% |
| 2013 | 2.9 constant LCU per US$ of GDP | -3.7% |
| 2014 | 2.78 constant LCU per US$ of GDP | -4.2% |
| 2015 | 3.03 constant LCU per US$ of GDP | +9.0% |
| 2016 | 3.17 constant LCU per US$ of GDP | +4.8% |
| 2017 | 3.09 constant LCU per US$ of GDP | -2.7% |
| 2018 | 3 constant LCU per US$ of GDP | -2.7% |
| 2019 | 2.96 constant LCU per US$ of GDP | -1.5% |
| 2020 | 2.94 constant LCU per US$ of GDP | -0.7% |
| 2021 | 2.52 constant LCU per US$ of GDP | -14.2% |
| 2022 | 2.21 constant LCU per US$ of GDP | -12.5% |
| 2023 | 2.38 constant LCU per US$ of GDP | +7.5% |
| 2024 | 2.37 constant LCU per US$ of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.6 constant LCU per US$ of GDP | 4.23 constant LCU per US$ of GDP | 6.72 constant LCU per US$ of GDP | 6 |
| 1990s | 5.6 constant LCU per US$ of GDP | 5.21 constant LCU per US$ of GDP | 6.07 constant LCU per US$ of GDP | 10 |
| 2000s | 4.74 constant LCU per US$ of GDP | 3.26 constant LCU per US$ of GDP | 5.46 constant LCU per US$ of GDP | 10 |
| 2010s | 3.12 constant LCU per US$ of GDP | 2.78 constant LCU per US$ of GDP | 3.94 constant LCU per US$ of GDP | 10 |
| 2020s | 2.48 constant LCU per US$ of GDP | 2.21 constant LCU per US$ of GDP | 2.94 constant LCU per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 81 Yemen 2.68 constant LCU per US$ of GDP compare
- 82 Namibia 2.66 constant LCU per US$ of GDP compare
- 83 China 2.48 constant LCU per US$ of GDP compare
- 85 Nicaragua 2.3 constant LCU per US$ of GDP compare
- 86 South Africa 2.15 constant LCU per US$ of GDP compare
- 87 Turkmenistan 1.98 constant 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)
- 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 lcu), per in Trinidad and Tobago?
- Industry (including construction), value added (constant lcu), per in Trinidad and Tobago was 2.37 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Trinidad and Tobago?
- The highest recorded value was 6.72 constant LCU per US$ of GDP in 1989.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Trinidad and Tobago?
- The lowest recorded value was 2.21 constant LCU per US$ of GDP in 2022.
- How does Trinidad and Tobago rank for industry (including construction), value added (constant lcu), per?
- Trinidad and Tobago ranks 84th out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
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 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.