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 26.4% in 2014. ▼ Falling
Latest (2014)
26.4%
Change on year
down 14.2%
World rank
147th
of 193 countries
All-time high
104.1%
in 1974
All-time low
21.5%
in 1985
Years of data
64
1951–2014
Value of imported 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
Trinidad and Tobago recorded 26.4% for value of imported goods as a share of gdp in 2014.
Compared with earlier readings it is down 14.2% on the previous year and down 29.9% over ten years.
Over the whole period, value of imported goods as a share of gdp in Trinidad and Tobago peaked at 104.1% in 1974 and was at its lowest, 21.5%, in 1985.
Trinidad and Tobago ranks 147th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Value of imported goods as a share of GDP in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1951 | 65.3% | — |
| 1952 | 66.1% | +1.2% |
| 1953 | 57.2% | -13.5% |
| 1954 | 57.1% | -0.2% |
| 1955 | 58.6% | +2.8% |
| 1956 | 51.2% | -12.7% |
| 1957 | 51.2% | +0.0% |
| 1958 | 53.9% | +5.3% |
| 1959 | 52.7% | -2.1% |
| 1960 | 54.6% | +3.5% |
| 1961 | 57.4% | +5.1% |
| 1962 | 57.0% | -0.6% |
| 1963 | 55.3% | -2.9% |
| 1964 | 59.4% | +7.3% |
| 1965 | 64.4% | +8.4% |
| 1966 | 63.2% | -1.8% |
| 1967 | 54.0% | -14.6% |
| 1968 | 55.3% | +2.6% |
| 1969 | 62.2% | +12.3% |
| 1970 | 66.2% | +6.4% |
| 1971 | 76.0% | +14.9% |
| 1972 | 70.6% | -7.2% |
| 1973 | 60.2% | -14.7% |
| 1974 | 104.1% | +72.7% |
| 1975 | 82.7% | -20.5% |
| 1976 | 101.2% | +22.3% |
| 1977 | 75.3% | -25.6% |
| 1978 | 55.0% | -26.9% |
| 1979 | 45.3% | -17.8% |
| 1980 | 50.7% | +11.9% |
| 1981 | 44.4% | -12.4% |
| 1982 | 43.8% | -1.3% |
| 1983 | 35.0% | -20.1% |
| 1984 | 30.5% | -12.7% |
| 1985 | 21.5% | -29.4% |
| 1986 | 27.8% | +29.0% |
| 1987 | 24.3% | -12.5% |
| 1988 | 25.1% | +3.2% |
| 1989 | 28.8% | +14.7% |
| 1990 | 24.3% | -15.7% |
| 1991 | 31.7% | +30.5% |
| 1992 | 26.9% | -15.0% |
| 1993 | 30.3% | +12.6% |
| 1994 | 24.8% | -18.1% |
| 1995 | 36.9% | +48.9% |
| 1996 | 37.3% | +1.0% |
| 1997 | 52.8% | +41.6% |
| 1998 | 49.8% | -5.7% |
| 1999 | 40.3% | -19.1% |
| 2000 | 35.5% | -11.9% |
| 2001 | 40.4% | +13.8% |
| 2002 | 40.6% | +0.7% |
| 2003 | 32.1% | -21.0% |
| 2004 | 37.6% | +17.2% |
| 2005 | 33.0% | -12.3% |
| 2006 | 31.7% | -4.0% |
| 2007 | 31.1% | -1.8% |
| 2008 | 33.0% | +6.2% |
| 2009 | 34.7% | +5.1% |
| 2010 | 28.9% | -16.6% |
| 2011 | 33.9% | +17.1% |
| 2012 | 32.2% | -4.9% |
| 2013 | 30.7% | -4.6% |
| 2014 | 26.4% | -14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 57.0% | 51.2% | 66.1% | 9 |
| 1960s | 58.3% | 54.0% | 64.4% | 10 |
| 1970s | 73.7% | 45.3% | 104.1% | 10 |
| 1980s | 33.2% | 21.5% | 50.7% | 10 |
| 1990s | 35.5% | 24.3% | 52.8% | 10 |
| 2000s | 35.0% | 31.1% | 40.6% | 10 |
| 2010s | 30.4% | 26.4% | 33.9% | 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 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 26.4% in 2014, according to Fouquin and Hugot (2016) – processed 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 104.1% 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 21.5% in 1985.
- How does Trinidad and Tobago rank for value of imported goods as a share of gdp?
- Trinidad and Tobago ranks 147th out of 193 countries with data for 2014.
- 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 29.9%. The long-run trend across the full record is falling.
- 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 imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.