Manufacturing, value added (current LCU) in Trinidad and Tobago
Trinidad and Tobago: Manufacturing, value added (current LCU) was 24.88 billion current LCU in 2024. ▼ Falling
Manufacturing, value added in Trinidad and Tobago, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Trinidad and Tobago stood at 24.88 billion current LCU.
Compared with earlier readings it is up 4.7% on the previous year and down 8.9% over ten years.
Over the whole period, manufacturing, value added in Trinidad and Tobago peaked at 33.57 billion current LCU in 2022 and was at its lowest, 21.29 billion current LCU, in 2020.
Trinidad and Tobago ranks 126th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Manufacturing, value added (current LCU) in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 30.46 billion current LCU | — |
| 2013 | 25.70 billion current LCU | -15.6% |
| 2014 | 27.31 billion current LCU | +6.3% |
| 2015 | 24.24 billion current LCU | -11.3% |
| 2016 | 27.14 billion current LCU | +12.0% |
| 2017 | 26.23 billion current LCU | -3.4% |
| 2018 | 27.33 billion current LCU | +4.2% |
| 2019 | 23.23 billion current LCU | -15.0% |
| 2020 | 21.29 billion current LCU | -8.4% |
| 2021 | 28.25 billion current LCU | +32.7% |
| 2022 | 33.57 billion current LCU | +18.8% |
| 2023 | 23.76 billion current LCU | -29.2% |
| 2024 | 24.88 billion current LCU | +4.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 24.88 billion current LCU is below the median for high income countries, which is 34.51 billion current LCU, 72% of the median. (75 countries reporting)
- Trinidad and Tobago's 24.88 billion current LCU is below the median for Latin America & Caribbean, which is 29.06 billion current LCU, 86% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.46 billion current LCU | 23.23 billion current LCU | 30.46 billion current LCU | 8 |
| 2020s | 26.35 billion current LCU | 21.29 billion current LCU | 33.57 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 manufacturing, value added in Trinidad and Tobago?
- Manufacturing, value added in Trinidad and Tobago was 24.88 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Trinidad and Tobago?
- The highest recorded value was 33.57 billion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in Trinidad and Tobago?
- The lowest recorded value was 21.29 billion current LCU in 2020.
- How does Trinidad and Tobago rank for manufacturing, value added?
- Trinidad and Tobago ranks 126th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 8.9%. 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 Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.