Net secondary income (Net current transfers from abroad) in Trinidad and Tobago
Trinidad and Tobago: Net secondary income (Net current transfers from abroad) was 154.64 million constant LCU in 2008. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Trinidad and Tobago, 1975–2008
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2008, net secondary income (net current transfers from abroad) in Trinidad and Tobago stood at 154.64 million constant LCU.
That represents a change of down 40.8% on the previous year and up 3.9% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Trinidad and Tobago peaked at 361.11 million constant LCU in 2002 and was at its lowest, -367.00 million constant LCU, in 1976.
Trinidad and Tobago ranks 90th of 125 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Trinidad and Tobago, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | -180.60 million constant LCU | — |
| 1976 | -367.00 million constant LCU | +103.2% |
| 1977 | -288.75 million constant LCU | -21.3% |
| 1978 | -308.43 million constant LCU | +6.8% |
| 1988 | -226.18 million constant LCU | -26.7% |
| 1989 | -199.83 million constant LCU | -11.7% |
| 1990 | -189.87 million constant LCU | -5.0% |
| 1991 | -92.54 million constant LCU | -51.3% |
| 1992 | -101.02 million constant LCU | +9.2% |
| 1993 | -50.55 million constant LCU | -50.0% |
| 1994 | -42.52 million constant LCU | -15.9% |
| 1995 | -108.14 million constant LCU | +154.3% |
| 1996 | -48.07 million constant LCU | -55.5% |
| 1997 | 26.04 million constant LCU | -154.2% |
| 1998 | 148.79 million constant LCU | +471.3% |
| 1999 | 246.41 million constant LCU | +65.6% |
| 2000 | 238.76 million constant LCU | -3.1% |
| 2001 | 202.53 million constant LCU | -15.2% |
| 2002 | 361.11 million constant LCU | +78.3% |
| 2003 | 359.10 million constant LCU | -0.6% |
| 2004 | 329.82 million constant LCU | -8.2% |
| 2005 | 248.51 million constant LCU | -24.7% |
| 2006 | 312.89 million constant LCU | +25.9% |
| 2007 | 261.09 million constant LCU | -16.6% |
| 2008 | 154.64 million constant LCU | -40.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -286.19 million constant LCU | -367.00 million constant LCU | -180.60 million constant LCU | 4 |
| 1980s | -213.00 million constant LCU | -226.18 million constant LCU | -199.83 million constant LCU | 2 |
| 1990s | -21.15 million constant LCU | -189.87 million constant LCU | 246.41 million constant LCU | 10 |
| 2000s | 274.27 million constant LCU | 154.64 million constant LCU | 361.11 million constant LCU | 9 |
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 net secondary income (net current transfers from abroad) in Trinidad and Tobago?
- Net secondary income (net current transfers from abroad) in Trinidad and Tobago was 154.64 million constant LCU in 2008, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Trinidad and Tobago?
- The highest recorded value was 361.11 million constant LCU in 2002.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Trinidad and Tobago?
- The lowest recorded value was -367.00 million constant LCU in 1976.
- How does Trinidad and Tobago rank for net secondary income (net current transfers from abroad)?
- Trinidad and Tobago ranks 90th out of 125 countries with data for 2008.
- Is net secondary income (net current transfers from abroad) rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.