Value of exported goods as a share of GDP in Trinidad and Tobago
Trinidad and Tobago: Value of exported goods as a share of GDP was 69.3% in 2014. ▲ Rising
Latest (2014)
69.3%
Change on year
down 7.7%
World rank
18th
of 193 countries
All-time high
99.3%
in 1974
All-time low
27.6%
in 1984
Years of data
64
1951–2014
Value of exported goods as a share of GDP in Trinidad and Tobago, 1951–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for value of exported goods as a share of gdp in Trinidad and Tobago is 69.3%, measured in 2014.
That represents a change of down 7.7% on the previous year and up 0.5% over ten years.
Over the whole period, value of exported goods as a share of gdp in Trinidad and Tobago peaked at 99.3% in 1974 and was at its lowest, 27.6%, in 1984.
That places Trinidad and Tobago 18th out of 193 countries with data for 2014, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Value of exported goods as a share of GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1951 | 62.6% | — |
| 1952 | 59.9% | -4.3% |
| 1953 | 60.1% | +0.4% |
| 1954 | 59.4% | -1.2% |
| 1955 | 55.8% | -5.9% |
| 1956 | 55.6% | -0.3% |
| 1957 | 55.5% | -0.3% |
| 1958 | 51.2% | -7.8% |
| 1959 | 52.6% | +2.9% |
| 1960 | 53.6% | +1.8% |
| 1961 | 58.9% | +9.9% |
| 1962 | 55.8% | -5.2% |
| 1963 | 55.0% | -1.4% |
| 1964 | 56.9% | +3.4% |
| 1965 | 54.5% | -4.1% |
| 1966 | 59.6% | +9.2% |
| 1967 | 57.0% | -4.3% |
| 1968 | 60.1% | +5.4% |
| 1969 | 59.5% | -1.1% |
| 1970 | 58.5% | -1.7% |
| 1971 | 57.8% | -1.1% |
| 1972 | 51.4% | -11.1% |
| 1973 | 56.0% | +9.0% |
| 1974 | 99.3% | +77.3% |
| 1975 | 72.7% | -26.8% |
| 1976 | 88.2% | +21.4% |
| 1977 | 70.6% | -19.9% |
| 1978 | 56.7% | -19.8% |
| 1979 | 56.6% | -0.1% |
| 1980 | 62.6% | +10.6% |
| 1981 | 53.7% | -14.2% |
| 1982 | 37.9% | -29.5% |
| 1983 | 30.2% | -20.3% |
| 1984 | 27.6% | -8.6% |
| 1985 | 29.8% | +8.0% |
| 1986 | 30.2% | +1.3% |
| 1987 | 30.5% | +1.1% |
| 1988 | 30.8% | +1.1% |
| 1989 | 35.9% | +16.4% |
| 1990 | 39.2% | +9.2% |
| 1991 | 38.1% | -2.8% |
| 1992 | 35.6% | -6.6% |
| 1993 | 41.7% | +17.1% |
| 1994 | 49.1% | +17.6% |
| 1995 | 57.4% | +16.9% |
| 1996 | 43.4% | -24.3% |
| 1997 | 47.7% | +10.0% |
| 1998 | 44.4% | -7.0% |
| 1999 | 43.8% | -1.4% |
| 2000 | 52.0% | +18.6% |
| 2001 | 50.0% | -3.7% |
| 2002 | 51.9% | +3.8% |
| 2003 | 63.0% | +21.3% |
| 2004 | 68.9% | +9.3% |
| 2005 | 77.4% | +12.3% |
| 2006 | 78.9% | +1.9% |
| 2007 | 74.3% | -5.9% |
| 2008 | 75.5% | +1.7% |
| 2009 | 67.0% | -11.3% |
| 2010 | 73.5% | +9.7% |
| 2011 | 83.2% | +13.2% |
| 2012 | 84.3% | +1.4% |
| 2013 | 75.1% | -11.0% |
| 2014 | 69.3% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 57.0% | 51.2% | 62.6% | 9 |
| 1960s | 57.1% | 53.6% | 60.1% | 10 |
| 1970s | 66.8% | 51.4% | 99.3% | 10 |
| 1980s | 36.9% | 27.6% | 62.6% | 10 |
| 1990s | 44.0% | 35.6% | 57.4% | 10 |
| 2000s | 65.9% | 50.0% | 78.9% | 10 |
| 2010s | 77.1% | 69.3% | 84.3% | 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)
- Gross capital formation (current US$), annual growth rate -2.37 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.1899 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 3,476 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate -2.42 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 23,464 current LCU per person (2023)
- Agriculture, forestry, and fishing, value added (current LCU), annual -4.75 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0525 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is value of exported goods as a share of gdp in Trinidad and Tobago?
- Value of exported goods as a share of gdp in Trinidad and Tobago was 69.3% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of exported goods as a share of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 99.3% in 1974.
- What is the lowest value of exported goods as a share of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 27.6% in 1984.
- How does Trinidad and Tobago rank for value of exported goods as a share of gdp?
- Trinidad and Tobago ranks 18th out of 193 countries with data for 2014.
- Is value of exported goods as a share of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of exported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.