Industry (including construction), value added in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added was 34.6% in 2024. ▼ Falling
Industry (including construction), value added in Trinidad and Tobago, 1966–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, industry (including construction), value added in Trinidad and Tobago stood at 34.6%.
The figure is up 0.4% on the previous year and down 20.6% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 64.0% in 2008 and was at its lowest, 31.2%, in 2020.
That places Trinidad and Tobago 34th out of 209 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 59 years of available data.
Industry (including construction), value added in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | 39.5% | — |
| 1967 | 41.4% | +4.9% |
| 1968 | 43.6% | +5.3% |
| 1969 | 41.8% | -4.1% |
| 1970 | 40.5% | -3.1% |
| 1971 | 40.8% | +0.6% |
| 1972 | 41.0% | +0.7% |
| 1973 | 45.7% | +11.5% |
| 1974 | 58.0% | +26.8% |
| 1975 | 58.0% | -0.1% |
| 1976 | 58.3% | +0.6% |
| 1977 | 57.5% | -1.5% |
| 1978 | 55.5% | -3.5% |
| 1979 | 57.6% | +3.9% |
| 1980 | 59.8% | +3.8% |
| 1981 | 55.5% | -7.2% |
| 1982 | 46.8% | -15.8% |
| 1983 | 46.3% | -1.0% |
| 1984 | 48.4% | +4.4% |
| 1985 | 46.2% | -4.5% |
| 1986 | 41.6% | -9.9% |
| 1987 | 43.9% | +5.5% |
| 1988 | 43.9% | -0.0% |
| 1989 | 47.1% | +7.4% |
| 1990 | 47.5% | +0.8% |
| 1991 | 44.8% | -5.7% |
| 1992 | 42.7% | -4.6% |
| 1993 | 41.4% | -3.0% |
| 1994 | 46.6% | +12.6% |
| 1995 | 45.0% | -3.5% |
| 1996 | 45.1% | +0.4% |
| 1997 | 42.7% | -5.3% |
| 1998 | 38.5% | -9.9% |
| 1999 | 40.6% | +5.5% |
| 2000 | 47.5% | +17.0% |
| 2001 | 45.2% | -4.9% |
| 2002 | 42.9% | -5.1% |
| 2003 | 51.5% | +20.0% |
| 2004 | 54.4% | +5.6% |
| 2005 | 59.6% | +9.7% |
| 2006 | 60.8% | +2.0% |
| 2007 | 59.7% | -1.9% |
| 2008 | 64.0% | +7.3% |
| 2009 | 53.1% | -16.9% |
| 2010 | 53.8% | +1.3% |
| 2011 | 57.1% | +6.0% |
| 2012 | 46.8% | -17.9% |
| 2013 | 45.0% | -3.9% |
| 2014 | 43.6% | -3.0% |
| 2015 | 36.0% | -17.5% |
| 2016 | 34.4% | -4.3% |
| 2017 | 36.1% | +5.0% |
| 2018 | 37.8% | +4.5% |
| 2019 | 35.2% | -6.8% |
| 2020 | 31.2% | -11.5% |
| 2021 | 39.0% | +25.3% |
| 2022 | 45.7% | +17.0% |
| 2023 | 34.5% | -24.5% |
| 2024 | 34.6% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 41.6% | 39.5% | 43.6% | 4 |
| 1970s | 51.3% | 40.5% | 58.3% | 10 |
| 1980s | 47.9% | 41.6% | 59.8% | 10 |
| 1990s | 43.5% | 38.5% | 47.5% | 10 |
| 2000s | 53.9% | 42.9% | 64.0% | 10 |
| 2010s | 42.6% | 34.4% | 57.1% | 10 |
| 2020s | 37.0% | 31.2% | 45.7% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Trinidad and Tobago?
- Industry (including construction), value added in Trinidad and Tobago was 34.6% 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 64.0% in 2008.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was 31.2% in 2020.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 34th 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 20.6%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.