Value of imported goods as a share of GDP in Trinidad and Tobago
Trinidad and Tobago: Value of imported goods as a share of GDP was 29.9% in 2024. ▼ Falling
Latest (2024)
29.9%
Change on year
down 16.0%
World rank
106th
of 201 countries
All-time high
88.7%
in 1974
All-time low
20.4%
in 1985
Years of data
65
1960–2024
Value of imported goods as a share of GDP in Trinidad and Tobago, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Trinidad and Tobago recorded 29.9% for value of imported goods as a share of gdp in 2024.
The figure is down 16.0% on the previous year and down 21.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Trinidad and Tobago peaked at 88.7% in 1974 and was at its lowest, 20.4%, in 1985.
Trinidad and Tobago ranks 106th of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Value of imported goods as a share of GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 47.0% | — |
| 1961 | 54.1% | +15.0% |
| 1962 | 54.6% | +1.1% |
| 1963 | 52.9% | -3.2% |
| 1964 | 56.8% | +7.4% |
| 1965 | 61.8% | +8.9% |
| 1966 | 60.1% | -2.7% |
| 1967 | 49.8% | -17.2% |
| 1968 | 50.8% | +2.1% |
| 1969 | 55.5% | +9.2% |
| 1970 | 56.7% | +2.3% |
| 1971 | 59.1% | +4.2% |
| 1972 | 58.1% | -1.8% |
| 1973 | 56.7% | -2.3% |
| 1974 | 88.7% | +56.3% |
| 1975 | 58.9% | -33.5% |
| 1976 | 76.8% | +30.2% |
| 1977 | 54.3% | -29.2% |
| 1978 | 52.7% | -3.1% |
| 1979 | 42.7% | -18.9% |
| 1980 | 49.3% | +15.6% |
| 1981 | 43.4% | -11.9% |
| 1982 | 42.6% | -1.9% |
| 1983 | 31.1% | -27.1% |
| 1984 | 23.5% | -24.3% |
| 1985 | 20.4% | -13.4% |
| 1986 | 26.0% | +27.5% |
| 1987 | 23.2% | -10.7% |
| 1988 | 23.3% | +0.5% |
| 1989 | 27.6% | +18.5% |
| 1990 | 23.8% | -13.9% |
| 1991 | 30.5% | +28.0% |
| 1992 | 25.9% | -15.0% |
| 1993 | 29.4% | +13.4% |
| 1994 | 23.2% | -20.8% |
| 1995 | 35.5% | +52.6% |
| 1996 | 37.1% | +4.5% |
| 1997 | 52.3% | +41.1% |
| 1998 | 49.7% | -5.1% |
| 1999 | 40.2% | -19.1% |
| 2000 | 28.8% | -28.4% |
| 2001 | 40.3% | +40.1% |
| 2002 | 40.6% | +0.7% |
| 2003 | 34.9% | -14.1% |
| 2004 | 36.3% | +4.1% |
| 2005 | 35.4% | -2.5% |
| 2006 | 35.2% | -0.3% |
| 2007 | 35.4% | +0.5% |
| 2008 | 34.4% | -2.8% |
| 2009 | 36.3% | +5.4% |
| 2010 | 29.2% | -19.5% |
| 2011 | 37.2% | +27.5% |
| 2012 | 42.7% | +14.8% |
| 2013 | 44.1% | +3.1% |
| 2014 | 38.1% | -13.4% |
| 2015 | 34.4% | -9.9% |
| 2016 | 34.1% | -0.9% |
| 2017 | 28.9% | -15.0% |
| 2018 | 29.2% | +0.8% |
| 2019 | 26.5% | -9.0% |
| 2020 | 23.3% | -12.0% |
| 2021 | 23.7% | +1.6% |
| 2022 | 22.0% | -7.3% |
| 2023 | 35.6% | +62.0% |
| 2024 | 29.9% | -16.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 29.9% is below the median for high income countries, which is 30.7%, 98% of the median. (73 countries reporting)
- Trinidad and Tobago's 29.9% is above the median for Latin America & Caribbean, which is 29.6%, 1.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 54.3% | 47.0% | 61.8% | 10 |
| 1970s | 60.5% | 42.7% | 88.7% | 10 |
| 1980s | 31.0% | 20.4% | 49.3% | 10 |
| 1990s | 34.7% | 23.2% | 52.3% | 10 |
| 2000s | 35.7% | 28.8% | 40.6% | 10 |
| 2010s | 34.4% | 26.5% | 44.1% | 10 |
| 2020s | 26.9% | 22.0% | 35.6% | 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 value of imported goods as a share of gdp in Trinidad and Tobago?
- Value of imported goods as a share of gdp in Trinidad and Tobago was 29.9% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 88.7% in 1974.
- What is the lowest value of imported goods as a share of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 20.4% in 1985.
- How does Trinidad and Tobago rank for value of imported goods as a share of gdp?
- Trinidad and Tobago ranks 106th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 21.6%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).