Manufacturing, value added in Trinidad and Tobago
Trinidad and Tobago: Manufacturing, value added was 3.69 billion current US$ in 2024. ▼ Falling
Manufacturing, value added in Trinidad and Tobago, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Trinidad and Tobago is 3.69 billion current US$, measured in 2024.
Compared with earlier readings it is up 4.7% on the previous year and down 13.5% over ten years.
Over the whole period, manufacturing, value added in Trinidad and Tobago peaked at 4.97 billion current US$ in 2022 and was at its lowest, 3.15 billion current US$, in 2020.
That places Trinidad and Tobago 104th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Manufacturing, value added in Trinidad and Tobago, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 4.74 billion current US$ | — |
| 2013 | 3.99 billion current US$ | -15.8% |
| 2014 | 4.26 billion current US$ | +6.8% |
| 2015 | 3.80 billion current US$ | -10.8% |
| 2016 | 4.07 billion current US$ | +7.1% |
| 2017 | 3.87 billion current US$ | -4.9% |
| 2018 | 4.04 billion current US$ | +4.3% |
| 2019 | 3.44 billion current US$ | -14.8% |
| 2020 | 3.15 billion current US$ | -8.3% |
| 2021 | 4.18 billion current US$ | +32.6% |
| 2022 | 4.97 billion current US$ | +18.9% |
| 2023 | 3.52 billion current US$ | -29.2% |
| 2024 | 3.69 billion current US$ | +4.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 3.69 billion current US$ is below the median for high income countries, which is 12.50 billion current US$, 29% of the median. (75 countries reporting)
- Trinidad and Tobago's 3.69 billion current US$ is above the median for Latin America & Caribbean, which is 3.69 billion current US$, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.03 billion current US$ | 3.44 billion current US$ | 4.74 billion current US$ | 8 |
| 2020s | 3.90 billion current US$ | 3.15 billion current US$ | 4.97 billion current US$ | 5 |
Countries ranked near Trinidad and Tobago
- 101 Bosnia and Herzegovina 3.92 billion current US$ compare
- 102 Hong Kong 3.82 billion current US$ compare
- 103 Luxembourg 3.77 billion current US$ compare
- 105 Iceland 3.29 billion current US$ compare
- 106 Armenia 3.21 billion current US$ compare
- 107 Kyrgyzstan 3.10 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)
- 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$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added in Trinidad and Tobago?
- Manufacturing, value added in Trinidad and Tobago was 3.69 billion current US$ 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 4.97 billion current US$ in 2022.
- What is the lowest manufacturing, value added recorded in Trinidad and Tobago?
- The lowest recorded value was 3.15 billion current US$ in 2020.
- How does Trinidad and Tobago rank for manufacturing, value added?
- Trinidad and Tobago ranks 104th 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 13.5%. 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 US$). 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 indicator is expressed in United States dollars.