Manufacturing, value added in Trinidad and Tobago
Trinidad and Tobago: Manufacturing, value added was 14.4% in 2024. ▬ Flat
Manufacturing, value added in Trinidad and Tobago, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, manufacturing, value added in Trinidad and Tobago stood at 14.4%.
That represents a change of up 2.3% on the previous year and down 0.6% over ten years.
Over the whole period, manufacturing, value added in Trinidad and Tobago peaked at 17.5% in 2022 and was at its lowest, 14.0%, in 2013.
Trinidad and Tobago ranks 51st of 205 countries on this measure, in the top quarter.
Manufacturing, value added in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 17.4% | — |
| 2013 | 14.0% | -20.0% |
| 2014 | 14.5% | +3.5% |
| 2015 | 14.2% | -2.1% |
| 2016 | 17.2% | +21.7% |
| 2017 | 16.2% | -5.8% |
| 2018 | 16.9% | +4.1% |
| 2019 | 14.6% | -13.3% |
| 2020 | 15.1% | +3.1% |
| 2021 | 17.3% | +14.3% |
| 2022 | 17.5% | +1.6% |
| 2023 | 14.1% | -19.8% |
| 2024 | 14.4% | +2.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 14.4% is above the median for high income countries, which is 9.5%, 1.5× the median. (75 countries reporting)
- Trinidad and Tobago's 14.4% is above the median for Latin America & Caribbean, which is 9.9%, 1.5× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.6% | 14.0% | 17.4% | 8 |
| 2020s | 15.7% | 14.1% | 17.5% | 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 manufacturing, value added in Trinidad and Tobago?
- Manufacturing, value added in Trinidad and Tobago was 14.4% 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 17.5% in 2022.
- What is the lowest manufacturing, value added recorded in Trinidad and Tobago?
- The lowest recorded value was 14.0% in 2013.
- How does Trinidad and Tobago rank for manufacturing, value added?
- Trinidad and Tobago ranks 51st 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 0.6%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 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.