Industry (including construction), value added (current US$) in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added (current US$) was 8.88 billion current US$ 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 US$.
Analysis
The most recent figure for industry (including construction), value added in Trinidad and Tobago is 8.88 billion current US$, measured in 2024.
That represents a change of up 2.8% on the previous year and down 30.9% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 17.83 billion current US$ in 2008 and was at its lowest, 285.77 million current US$, in 1966.
That places Trinidad and Tobago 111th out of 209 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Trinidad and Tobago, year by year
| Year | current US$ | Change |
|---|---|---|
| 1966 | 285.77 million current US$ | — |
| 1967 | 315.52 million current US$ | +10.4% |
| 1968 | 331.05 million current US$ | +4.9% |
| 1969 | 325.95 million current US$ | -1.5% |
| 1970 | 333.05 million current US$ | +2.2% |
| 1971 | 365.49 million current US$ | +9.7% |
| 1972 | 444.70 million current US$ | +21.7% |
| 1973 | 598.76 million current US$ | +34.6% |
| 1974 | 1.18 billion current US$ | +97.8% |
| 1975 | 1.42 billion current US$ | +19.6% |
| 1976 | 1.46 billion current US$ | +3.0% |
| 1977 | 1.80 billion current US$ | +23.7% |
| 1978 | 1.98 billion current US$ | +9.5% |
| 1979 | 2.65 billion current US$ | +34.3% |
| 1980 | 3.73 billion current US$ | +40.7% |
| 1981 | 3.88 billion current US$ | +4.1% |
| 1982 | 3.81 billion current US$ | -1.9% |
| 1983 | 3.60 billion current US$ | -5.6% |
| 1984 | 3.75 billion current US$ | +4.3% |
| 1985 | 3.40 billion current US$ | -9.2% |
| 1986 | 1.99 billion current US$ | -41.4% |
| 1987 | 2.11 billion current US$ | +5.6% |
| 1988 | 1.97 billion current US$ | -6.3% |
| 1989 | 2.04 billion current US$ | +3.2% |
| 1990 | 2.41 billion current US$ | +18.2% |
| 1991 | 2.38 billion current US$ | -1.3% |
| 1992 | 2.32 billion current US$ | -2.3% |
| 1993 | 1.93 billion current US$ | -16.8% |
| 1994 | 2.31 billion current US$ | +19.3% |
| 1995 | 2.40 billion current US$ | +3.9% |
| 1996 | 2.60 billion current US$ | +8.5% |
| 1997 | 2.45 billion current US$ | -5.7% |
| 1998 | 2.33 billion current US$ | -5.1% |
| 1999 | 2.77 billion current US$ | +18.9% |
| 2000 | 3.88 billion current US$ | +40.1% |
| 2001 | 3.99 billion current US$ | +2.9% |
| 2002 | 3.87 billion current US$ | -3.1% |
| 2003 | 5.82 billion current US$ | +50.6% |
| 2004 | 7.22 billion current US$ | +24.0% |
| 2005 | 9.53 billion current US$ | +32.0% |
| 2006 | 11.17 billion current US$ | +17.2% |
| 2007 | 12.91 billion current US$ | +15.6% |
| 2008 | 17.83 billion current US$ | +38.1% |
| 2009 | 10.19 billion current US$ | -42.9% |
| 2010 | 11.92 billion current US$ | +17.0% |
| 2011 | 14.51 billion current US$ | +21.7% |
| 2012 | 12.71 billion current US$ | -12.4% |
| 2013 | 12.85 billion current US$ | +1.1% |
| 2014 | 12.86 billion current US$ | +0.1% |
| 2015 | 9.66 billion current US$ | -24.9% |
| 2016 | 8.13 billion current US$ | -15.8% |
| 2017 | 8.61 billion current US$ | +5.9% |
| 2018 | 9.02 billion current US$ | +4.8% |
| 2019 | 8.26 billion current US$ | -8.4% |
| 2020 | 6.51 billion current US$ | -21.3% |
| 2021 | 9.46 billion current US$ | +45.4% |
| 2022 | 12.95 billion current US$ | +36.9% |
| 2023 | 8.64 billion current US$ | -33.3% |
| 2024 | 8.88 billion current US$ | +2.8% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 8.88 billion current US$ is below the median for high income countries, which is 25.19 billion current US$, 35% of the median. (77 countries reporting)
- Trinidad and Tobago's 8.88 billion current US$ is above the median for Latin America & Caribbean, which is 8.88 billion current US$, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 314.57 million current US$ | 285.77 million current US$ | 331.05 million current US$ | 4 |
| 1970s | 1.22 billion current US$ | 333.05 million current US$ | 2.65 billion current US$ | 10 |
| 1980s | 3.03 billion current US$ | 1.97 billion current US$ | 3.88 billion current US$ | 10 |
| 1990s | 2.39 billion current US$ | 1.93 billion current US$ | 2.77 billion current US$ | 10 |
| 2000s | 8.64 billion current US$ | 3.87 billion current US$ | 17.83 billion current US$ | 10 |
| 2010s | 10.85 billion current US$ | 8.13 billion current US$ | 14.51 billion current US$ | 10 |
| 2020s | 9.29 billion current US$ | 6.51 billion current US$ | 12.95 billion current US$ | 5 |
Countries ranked near Trinidad and Tobago
- 108 Brunei 9.02 billion current US$ compare
- 109 El Salvador 8.99 billion current US$ compare
- 110 Luxembourg 8.98 billion current US$ compare
- 112 Haiti 8.82 billion current US$ compare
- 113 Burkina Faso 8.31 billion current US$ compare
- 114 Iceland 7.74 billion current 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 8.88 billion current 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 17.83 billion current US$ in 2008.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was 285.77 million current US$ in 1966.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 111th 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 30.9%. 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 US$). 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 indicator is expressed in United States dollars.