Industry (including construction), value added (current LCU) in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added (current LCU) was 59.94 billion current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Trinidad and Tobago, 1966–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Trinidad and Tobago recorded 59.94 billion current LCU for industry (including construction), value added in 2024.
Compared with earlier readings it is up 2.8% on the previous year and down 27.3% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 112.15 billion current LCU in 2008 and was at its lowest, 489.90 million current LCU, in 1966.
Trinidad and Tobago ranks 129th of 209 countries on this measure, 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 (current LCU) in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 489.90 million current LCU | — |
| 1967 | 548.40 million current LCU | +11.9% |
| 1968 | 662.10 million current LCU | +20.7% |
| 1969 | 651.90 million current LCU | -1.5% |
| 1970 | 666.10 million current LCU | +2.2% |
| 1971 | 721.80 million current LCU | +8.4% |
| 1972 | 854.40 million current LCU | +18.4% |
| 1973 | 1.17 billion current LCU | +37.3% |
| 1974 | 2.43 billion current LCU | +107.3% |
| 1975 | 3.07 billion current LCU | +26.3% |
| 1976 | 3.55 billion current LCU | +15.6% |
| 1977 | 4.33 billion current LCU | +21.9% |
| 1978 | 4.74 billion current LCU | +9.5% |
| 1979 | 6.37 billion current LCU | +34.3% |
| 1980 | 8.96 billion current LCU | +40.7% |
| 1981 | 9.32 billion current LCU | +4.1% |
| 1982 | 9.14 billion current LCU | -1.9% |
| 1983 | 8.63 billion current LCU | -5.6% |
| 1984 | 9.00 billion current LCU | +4.3% |
| 1985 | 8.34 billion current LCU | -7.3% |
| 1986 | 7.18 billion current LCU | -13.9% |
| 1987 | 7.58 billion current LCU | +5.6% |
| 1988 | 7.58 billion current LCU | +0.0% |
| 1989 | 8.65 billion current LCU | +14.1% |
| 1990 | 10.23 billion current LCU | +18.2% |
| 1991 | 10.10 billion current LCU | -1.3% |
| 1992 | 9.87 billion current LCU | -2.3% |
| 1993 | 10.34 billion current LCU | +4.8% |
| 1994 | 13.66 billion current LCU | +32.1% |
| 1995 | 14.25 billion current LCU | +4.3% |
| 1996 | 15.61 billion current LCU | +9.6% |
| 1997 | 15.33 billion current LCU | -1.8% |
| 1998 | 14.66 billion current LCU | -4.4% |
| 1999 | 17.42 billion current LCU | +18.9% |
| 2000 | 24.42 billion current LCU | +40.1% |
| 2001 | 24.87 billion current LCU | +1.8% |
| 2002 | 24.15 billion current LCU | -2.9% |
| 2003 | 36.65 billion current LCU | +51.7% |
| 2004 | 45.48 billion current LCU | +24.1% |
| 2005 | 60.05 billion current LCU | +32.0% |
| 2006 | 70.52 billion current LCU | +17.4% |
| 2007 | 81.70 billion current LCU | +15.8% |
| 2008 | 112.15 billion current LCU | +37.3% |
| 2009 | 64.44 billion current LCU | -42.5% |
| 2010 | 76.02 billion current LCU | +18.0% |
| 2011 | 93.00 billion current LCU | +22.3% |
| 2012 | 81.73 billion current LCU | -12.1% |
| 2013 | 82.77 billion current LCU | +1.3% |
| 2014 | 82.42 billion current LCU | -0.4% |
| 2015 | 61.58 billion current LCU | -25.3% |
| 2016 | 54.22 billion current LCU | -12.0% |
| 2017 | 58.38 billion current LCU | +7.7% |
| 2018 | 61.08 billion current LCU | +4.6% |
| 2019 | 55.81 billion current LCU | -8.6% |
| 2020 | 43.93 billion current LCU | -21.3% |
| 2021 | 63.93 billion current LCU | +45.5% |
| 2022 | 87.43 billion current LCU | +36.8% |
| 2023 | 58.32 billion current LCU | -33.3% |
| 2024 | 59.94 billion current LCU | +2.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 59.94 billion current LCU is below the median for high income countries, which is 60.84 billion current LCU, 99% of the median. (77 countries reporting)
- Trinidad and Tobago's 59.94 billion current LCU is above the median for Latin America & Caribbean, which is 59.94 billion current LCU, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 588.08 million current LCU | 489.90 million current LCU | 662.10 million current LCU | 4 |
| 1970s | 2.79 billion current LCU | 666.10 million current LCU | 6.37 billion current LCU | 10 |
| 1980s | 8.44 billion current LCU | 7.18 billion current LCU | 9.32 billion current LCU | 10 |
| 1990s | 13.15 billion current LCU | 9.87 billion current LCU | 17.42 billion current LCU | 10 |
| 2000s | 54.44 billion current LCU | 24.15 billion current LCU | 112.15 billion current LCU | 10 |
| 2010s | 70.70 billion current LCU | 54.22 billion current LCU | 93.00 billion current LCU | 10 |
| 2020s | 62.71 billion current LCU | 43.93 billion current LCU | 87.43 billion current LCU | 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)
- 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 59.94 billion current LCU 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 112.15 billion current LCU in 2008.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was 489.90 million current LCU in 1966.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 129th out of 209 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 27.3%. 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 (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.