Services, value added (constant 2015 US$), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Services, value added (constant 2015 US$), annual growth rate was 0.3688 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Trinidad and Tobago, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Trinidad and Tobago is 0.3688 % change on previous year, measured in 2024.
The figure is down 89.7% on the previous year and down 96.0% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Trinidad and Tobago peaked at 15.59 % change on previous year in 2004 and was at its lowest, -12.63 % change on previous year, in 2009.
That places Trinidad and Tobago 175th out of 195 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | -2.75 % change on previous year | — |
| 1986 | -1.74 % change on previous year | -36.7% |
| 1987 | -1.48 % change on previous year | -14.7% |
| 1988 | -11.03 % change on previous year | +644.1% |
| 1989 | -2.06 % change on previous year | -81.4% |
| 1990 | 0.8056 % change on previous year | -139.2% |
| 1991 | 3.08 % change on previous year | +281.9% |
| 1992 | -0.5751 % change on previous year | -118.7% |
| 1993 | 2.53 % change on previous year | -540.0% |
| 1994 | -0.4327 % change on previous year | -117.1% |
| 1995 | -11.6 % change on previous year | +2579.9% |
| 1996 | 7.05 % change on previous year | -160.8% |
| 1997 | 13.82 % change on previous year | +96.0% |
| 1998 | 5.79 % change on previous year | -58.1% |
| 1999 | 5.5 % change on previous year | -5.0% |
| 2000 | 7.61 % change on previous year | +38.3% |
| 2001 | 1.53 % change on previous year | -79.9% |
| 2002 | 6.9 % change on previous year | +350.6% |
| 2003 | 3.9 % change on previous year | -43.5% |
| 2004 | 15.59 % change on previous year | +300.0% |
| 2005 | 2.21 % change on previous year | -85.8% |
| 2006 | 6.5 % change on previous year | +193.7% |
| 2007 | 5.08 % change on previous year | -21.9% |
| 2008 | 6.9 % change on previous year | +35.7% |
| 2009 | -12.63 % change on previous year | -283.2% |
| 2010 | 10.8 % change on previous year | -185.5% |
| 2011 | 5.93 % change on previous year | -45.0% |
| 2012 | 13.89 % change on previous year | +134.2% |
| 2013 | 5.26 % change on previous year | -62.1% |
| 2014 | 9.13 % change on previous year | +73.6% |
| 2015 | -2.9 % change on previous year | -131.7% |
| 2016 | -5.75 % change on previous year | +98.4% |
| 2017 | -6.74 % change on previous year | +17.2% |
| 2018 | -0.447 % change on previous year | -93.4% |
| 2019 | 4.9 % change on previous year | -1195.7% |
| 2020 | -8.15 % change on previous year | -266.4% |
| 2021 | -2.3 % change on previous year | -71.8% |
| 2022 | 4.22 % change on previous year | -283.5% |
| 2023 | 3.59 % change on previous year | -14.8% |
| 2024 | 0.3688 % change on previous year | -89.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -3.81 % change on previous year | -11.03 % change on previous year | -1.48 % change on previous year | 5 |
| 1990s | 2.6 % change on previous year | -11.6 % change on previous year | 13.82 % change on previous year | 10 |
| 2000s | 4.36 % change on previous year | -12.63 % change on previous year | 15.59 % change on previous year | 10 |
| 2010s | 3.41 % change on previous year | -6.74 % change on previous year | 13.89 % change on previous year | 10 |
| 2020s | -0.4531 % change on previous year | -8.15 % change on previous year | 4.22 % change on previous year | 5 |
Countries ranked near Trinidad and Tobago
- 172 Greece 0.7787 % change on previous year compare
- 173 Afghanistan 0.505 % change on previous year compare
- 174 Germany 0.4868 % change on previous year compare
- 176 Italy 0.2898 % change on previous year compare
- 177 Slovakia 0.0861 % change on previous year compare
- 178 South Africa 0 % change on previous year compare
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)
- Manufacturing, value added (constant LCU), per capita 19,116 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3464 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 6,490 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 2.34 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 43,808 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Trinidad and Tobago?
- Services, value added (constant 2015 us$), annual growth rate in Trinidad and Tobago was 0.3688 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 15.59 % change on previous year in 2004.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -12.63 % change on previous year in 2009.
- How does Trinidad and Tobago rank for services, value added (constant 2015 us$), annual growth rate?
- Trinidad and Tobago ranks 175th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 96.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.