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Services, value added (constant 2015 US$), per unit of GDP in Trinidad and Tobago

Trinidad and Tobago: Services, value added (constant 2015 US$), per unit of GDP was 0.5468 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.5468 constant 2015 US$ per US$ of GDP
Change on year
down 2.0%
World rank
59th
of 195 countries
All-time high
1.35 constant 2015 US$ per US$ of GDP
in 1986
All-time low
0.4324 constant 2015 US$ per US$ of GDP
in 2008
Years of data
41
1984–2024

Services, value added (constant 2015 US$), per unit of GDP in Trinidad and Tobago, 1984–2024

0.40.60.811.21.41984200420241984: 0.871 constant 2015 US$ per US$ of GDP1985: 0.891 constant 2015 US$ per US$ of GDP1986: 1.3 constant 2015 US$ per US$ of GDP1987: 1.3 constant 2015 US$ per US$ of GDP1988: 1.3 constant 2015 US$ per US$ of GDP1989: 1.3 constant 2015 US$ per US$ of GDP1990: 1.1 constant 2015 US$ per US$ of GDP1991: 1.1 constant 2015 US$ per US$ of GDP1992: 1.1 constant 2015 US$ per US$ of GDP1993: 1.3 constant 2015 US$ per US$ of GDP1994: 1.2 constant 2015 US$ per US$ of GDP1995: 0.97 constant 2015 US$ per US$ of GDP1996: 0.96 constant 2015 US$ per US$ of GDP1997: 1.1 constant 2015 US$ per US$ of GDP1998: 1.1 constant 2015 US$ per US$ of GDP1999: 1 constant 2015 US$ per US$ of GDP2000: 0.927 constant 2015 US$ per US$ of GDP2001: 0.87 constant 2015 US$ per US$ of GDP2002: 0.911 constant 2015 US$ per US$ of GDP2003: 0.754 constant 2015 US$ per US$ of GDP2004: 0.742 constant 2015 US$ per US$ of GDP2005: 0.63 constant 2015 US$ per US$ of GDP2006: 0.584 constant 2015 US$ per US$ of GDP2007: 0.521 constant 2015 US$ per US$ of GDP2008: 0.432 constant 2015 US$ per US$ of GDP2009: 0.549 constant 2015 US$ per US$ of GDP2010: 0.527 constant 2015 US$ per US$ of GDP2011: 0.486 constant 2015 US$ per US$ of GDP2012: 0.519 constant 2015 US$ per US$ of GDP2013: 0.519 constant 2015 US$ per US$ of GDP2014: 0.549 constant 2015 US$ per US$ of GDP2015: 0.585 constant 2015 US$ per US$ of GDP2016: 0.626 constant 2015 US$ per US$ of GDP2017: 0.579 constant 2015 US$ per US$ of GDP2018: 0.575 constant 2015 US$ per US$ of GDP2019: 0.614 constant 2015 US$ per US$ of GDP2020: 0.634 constant 2015 US$ per US$ of GDP2021: 0.534 constant 2015 US$ per US$ of GDP2022: 0.476 constant 2015 US$ per US$ of GDP2023: 0.558 constant 2015 US$ per US$ of GDP2024: 0.547 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for services, value added (constant 2015 us$), per unit of gdp in Trinidad and Tobago is 0.5468 constant 2015 US$ per US$ of GDP, measured in 2024.

That represents a change of down 2.0% on the previous year and down 0.3% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Trinidad and Tobago peaked at 1.35 constant 2015 US$ per US$ of GDP in 1986 and was at its lowest, 0.4324 constant 2015 US$ per US$ of GDP, in 2008.

That places Trinidad and Tobago 59th out of 195 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 41 years of available data.

Services, value added (constant 2015 US$), per unit of GDP in Trinidad and Tobago, year by year

Year constant 2015 US$ per US$ of GDP Change
1984 0.8709 constant 2015 US$ per US$ of GDP —
1985 0.8908 constant 2015 US$ per US$ of GDP +2.3%
1986 1.35 constant 2015 US$ per US$ of GDP +51.2%
1987 1.33 constant 2015 US$ per US$ of GDP -1.6%
1988 1.26 constant 2015 US$ per US$ of GDP -5.1%
1989 1.28 constant 2015 US$ per US$ of GDP +1.9%
1990 1.1 constant 2015 US$ per US$ of GDP -14.0%
1991 1.08 constant 2015 US$ per US$ of GDP -1.6%
1992 1.05 constant 2015 US$ per US$ of GDP -3.0%
1993 1.26 constant 2015 US$ per US$ of GDP +19.4%
1994 1.18 constant 2015 US$ per US$ of GDP -6.0%
1995 0.9696 constant 2015 US$ per US$ of GDP -17.9%
1996 0.9604 constant 2015 US$ per US$ of GDP -1.0%
1997 1.1 constant 2015 US$ per US$ of GDP +14.2%
1998 1.1 constant 2015 US$ per US$ of GDP +0.4%
1999 1.03 constant 2015 US$ per US$ of GDP -6.4%
2000 0.9272 constant 2015 US$ per US$ of GDP -10.1%
2001 0.8699 constant 2015 US$ per US$ of GDP -6.2%
2002 0.911 constant 2015 US$ per US$ of GDP +4.7%
2003 0.7542 constant 2015 US$ per US$ of GDP -17.2%
2004 0.7422 constant 2015 US$ per US$ of GDP -1.6%
2005 0.6303 constant 2015 US$ per US$ of GDP -15.1%
2006 0.5841 constant 2015 US$ per US$ of GDP -7.3%
2007 0.521 constant 2015 US$ per US$ of GDP -10.8%
2008 0.4324 constant 2015 US$ per US$ of GDP -17.0%
2009 0.5492 constant 2015 US$ per US$ of GDP +27.0%
2010 0.5265 constant 2015 US$ per US$ of GDP -4.1%
2011 0.4859 constant 2015 US$ per US$ of GDP -7.7%
2012 0.5185 constant 2015 US$ per US$ of GDP +6.7%
2013 0.5188 constant 2015 US$ per US$ of GDP +0.1%
2014 0.5486 constant 2015 US$ per US$ of GDP +5.7%
2015 0.585 constant 2015 US$ per US$ of GDP +6.6%
2016 0.6264 constant 2015 US$ per US$ of GDP +7.1%
2017 0.5792 constant 2015 US$ per US$ of GDP -7.5%
2018 0.5753 constant 2015 US$ per US$ of GDP -0.7%
2019 0.6139 constant 2015 US$ per US$ of GDP +6.7%
2020 0.6338 constant 2015 US$ per US$ of GDP +3.2%
2021 0.534 constant 2015 US$ per US$ of GDP -15.7%
2022 0.4756 constant 2015 US$ per US$ of GDP -10.9%
2023 0.5578 constant 2015 US$ per US$ of GDP +17.3%
2024 0.5468 constant 2015 US$ per US$ of GDP -2.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.16 constant 2015 US$ per US$ of GDP 0.8709 constant 2015 US$ per US$ of GDP 1.35 constant 2015 US$ per US$ of GDP 6
1990s 1.08 constant 2015 US$ per US$ of GDP 0.9604 constant 2015 US$ per US$ of GDP 1.26 constant 2015 US$ per US$ of GDP 10
2000s 0.6922 constant 2015 US$ per US$ of GDP 0.4324 constant 2015 US$ per US$ of GDP 0.9272 constant 2015 US$ per US$ of GDP 10
2010s 0.5578 constant 2015 US$ per US$ of GDP 0.4859 constant 2015 US$ per US$ of GDP 0.6264 constant 2015 US$ per US$ of GDP 10
2020s 0.5496 constant 2015 US$ per US$ of GDP 0.4756 constant 2015 US$ per US$ of GDP 0.6338 constant 2015 US$ per US$ of GDP 5

Countries ranked near Trinidad and Tobago

  1. 56 Kiribati 0.5493 constant 2015 US$ per US$ of GDP compare
  2. 57 Spain 0.5488 constant 2015 US$ per US$ of GDP compare
  3. 58 Uzbekistan 0.547 constant 2015 US$ per US$ of GDP compare
  4. 60 Greece 0.5401 constant 2015 US$ per US$ of GDP compare
  5. 61 Tunisia 0.5379 constant 2015 US$ per US$ of GDP compare
  6. 62 Malaysia 0.5371 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Trinidad and Tobago?
Services, value added (constant 2015 us$), per unit of gdp in Trinidad and Tobago was 0.5468 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Trinidad and Tobago?
The highest recorded value was 1.35 constant 2015 US$ per US$ of GDP in 1986.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Trinidad and Tobago?
The lowest recorded value was 0.4324 constant 2015 US$ per US$ of GDP in 2008.
How does Trinidad and Tobago rank for services, value added (constant 2015 us$), per unit of gdp?
Trinidad and Tobago ranks 59th out of 195 countries with data for 2024.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Trinidad and Tobago?
Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
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$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/trinidad-and-tobago/

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How this figure is calculated

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Services, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Services, value added Country official statistics, National Statistical Offices (NSOs)
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.