Services, value added (current LCU), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Services, value added (current LCU), annual growth rate was 0.4266 % change on previous year in 2024. ◆ Volatile
Latest (2024)
0.4266 % change on previous year
Change on year
down 90.0%
World rank
199th
of 204 countries
All-time high
38.07 % change on previous year
in 1982
All-time low
-8.48 % change on previous year
in 2009
Years of data
58
1967–2024
Services, value added (current LCU), annual growth rate in Trinidad and Tobago, 1967–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current lcu), annual growth rate in Trinidad and Tobago is 0.4266 % change on previous year, measured in 2024.
That represents a change of down 90.0% on the previous year and down 93.5% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Trinidad and Tobago peaked at 38.07 % change on previous year in 1982 and was at its lowest, -8.48 % change on previous year, in 2009.
That places Trinidad and Tobago 199th out of 204 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 (current LCU), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 3.18 % change on previous year | — |
| 1968 | 10.3 % change on previous year | +224.1% |
| 1969 | 7.48 % change on previous year | -27.4% |
| 1970 | 7.28 % change on previous year | -2.7% |
| 1971 | 8.04 % change on previous year | +10.5% |
| 1972 | 14.98 % change on previous year | +86.3% |
| 1973 | 16.24 % change on previous year | +8.5% |
| 1974 | 27.66 % change on previous year | +70.3% |
| 1975 | 27.94 % change on previous year | +1.0% |
| 1976 | 16.19 % change on previous year | -42.0% |
| 1977 | 29.12 % change on previous year | +79.9% |
| 1978 | 21.47 % change on previous year | -26.3% |
| 1979 | 26.21 % change on previous year | +22.1% |
| 1980 | 30.63 % change on previous year | +16.8% |
| 1981 | 21.51 % change on previous year | -29.8% |
| 1982 | 38.07 % change on previous year | +77.0% |
| 1983 | -3.33 % change on previous year | -108.7% |
| 1984 | -1.98 % change on previous year | -40.4% |
| 1985 | -0.4426 % change on previous year | -77.7% |
| 1986 | 2.67 % change on previous year | -703.8% |
| 1987 | -4.51 % change on previous year | -268.8% |
| 1988 | -0.1646 % change on previous year | -96.4% |
| 1989 | 0.6484 % change on previous year | -493.9% |
| 1990 | 4.54 % change on previous year | +600.3% |
| 1991 | 10.7 % change on previous year | +135.7% |
| 1992 | 10.65 % change on previous year | -0.5% |
| 1993 | 6.91 % change on previous year | -35.2% |
| 1994 | 7.69 % change on previous year | +11.4% |
| 1995 | 10.37 % change on previous year | +34.9% |
| 1996 | 9.51 % change on previous year | -8.4% |
| 1997 | 10.04 % change on previous year | +5.6% |
| 1998 | 12.15 % change on previous year | +20.9% |
| 1999 | 11.36 % change on previous year | -6.5% |
| 2000 | 8.52 % change on previous year | -25.0% |
| 2001 | 11.07 % change on previous year | +29.9% |
| 2002 | 6.01 % change on previous year | -45.7% |
| 2003 | 9.12 % change on previous year | +51.6% |
| 2004 | 10.03 % change on previous year | +10.1% |
| 2005 | 7.05 % change on previous year | -29.7% |
| 2006 | 10.21 % change on previous year | +44.8% |
| 2007 | 22.63 % change on previous year | +121.6% |
| 2008 | 13.99 % change on previous year | -38.2% |
| 2009 | -8.48 % change on previous year | -160.6% |
| 2010 | 13.94 % change on previous year | -264.3% |
| 2011 | 8.99 % change on previous year | -35.5% |
| 2012 | 21.58 % change on previous year | +140.1% |
| 2013 | 9.46 % change on previous year | -56.2% |
| 2014 | 6.52 % change on previous year | -31.1% |
| 2015 | 0.8004 % change on previous year | -87.7% |
| 2016 | -4.85 % change on previous year | -705.7% |
| 2017 | 0.4277 % change on previous year | -108.8% |
| 2018 | -3.35 % change on previous year | -882.2% |
| 2019 | 3.37 % change on previous year | -200.7% |
| 2020 | -7.49 % change on previous year | -322.2% |
| 2021 | 1.56 % change on previous year | -120.8% |
| 2022 | 8.9 % change on previous year | +471.1% |
| 2023 | 4.25 % change on previous year | -52.3% |
| 2024 | 0.4266 % change on previous year | -90.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.98 % change on previous year | 3.18 % change on previous year | 10.3 % change on previous year | 3 |
| 1970s | 19.51 % change on previous year | 7.28 % change on previous year | 29.12 % change on previous year | 10 |
| 1980s | 8.31 % change on previous year | -4.51 % change on previous year | 38.07 % change on previous year | 10 |
| 1990s | 9.39 % change on previous year | 4.54 % change on previous year | 12.15 % change on previous year | 10 |
| 2000s | 9.02 % change on previous year | -8.48 % change on previous year | 22.63 % change on previous year | 10 |
| 2010s | 5.69 % change on previous year | -4.85 % change on previous year | 21.58 % change on previous year | 10 |
| 2020s | 1.53 % change on previous year | -7.49 % change on previous year | 8.9 % change on previous year | 5 |
Countries ranked near Trinidad and Tobago
- 196 Singapore 0.9428 % change on previous year compare
- 197 Mozambique 0.7095 % change on previous year compare
- 198 Saint Lucia 0.6043 % change on previous year compare
- 200 Brunei Darussalam -0.9254 % change on previous year compare
- 201 Afghanistan -9.03 % change on previous year compare
- 202 French Polynesia -9.41 % 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)
- Services, value added (current US$), annual growth rate 0.429 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5918 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 11,087 current US$ per person (2024)
- Services, value added (current LCU), per unit of GDP 3.99 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 74,837 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 0.3688 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5468 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 10,243 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Trinidad and Tobago?
- Services, value added (current lcu), annual growth rate in Trinidad and Tobago was 0.4266 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 38.07 % change on previous year in 1982.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -8.48 % change on previous year in 2009.
- How does Trinidad and Tobago rank for services, value added (current lcu), annual growth rate?
- Trinidad and Tobago ranks 199th out of 204 countries with data for 2024.
- Is services, value added (current lcu), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 93.5%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 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 (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.