Services, value added (current LCU), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Services, value added (current LCU), per unit of GDP was 3.99 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
3.99 current LCU per US$ of GDP
Change on year
down 1.9%
World rank
111th
of 204 countries
All-time high
4.23 current LCU per US$ of GDP
in 2020
All-time low
0.8129 current LCU per US$ of GDP
in 1974
Years of data
59
1966–2024
Services, value added (current LCU), per unit of GDP in Trinidad and Tobago, 1966–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, services, value added (current lcu), per unit of gdp in Trinidad and Tobago stood at 3.99 current LCU per US$ of GDP.
The figure is down 1.9% on the previous year and up 18.5% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Trinidad and Tobago peaked at 4.23 current LCU per US$ of GDP in 2020 and was at its lowest, 0.8129 current LCU per US$ of GDP, in 1974.
That places Trinidad and Tobago 111th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 59 years of available data.
Services, value added (current LCU), per unit of GDP in Trinidad and Tobago, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1966 | 0.9483 current LCU per US$ of GDP | — |
| 1967 | 0.9293 current LCU per US$ of GDP | -2.0% |
| 1968 | 1.03 current LCU per US$ of GDP | +10.7% |
| 1969 | 1.08 current LCU per US$ of GDP | +4.7% |
| 1970 | 1.1 current LCU per US$ of GDP | +1.7% |
| 1971 | 1.08 current LCU per US$ of GDP | -1.0% |
| 1972 | 1.03 current LCU per US$ of GDP | -4.8% |
| 1973 | 0.9935 current LCU per US$ of GDP | -3.8% |
| 1974 | 0.8129 current LCU per US$ of GDP | -18.2% |
| 1975 | 0.8695 current LCU per US$ of GDP | +7.0% |
| 1976 | 0.9869 current LCU per US$ of GDP | +13.5% |
| 1977 | 1.02 current LCU per US$ of GDP | +2.9% |
| 1978 | 1.09 current LCU per US$ of GDP | +7.0% |
| 1979 | 1.06 current LCU per US$ of GDP | -2.3% |
| 1980 | 1.02 current LCU per US$ of GDP | -3.6% |
| 1981 | 1.11 current LCU per US$ of GDP | +8.4% |
| 1982 | 1.32 current LCU per US$ of GDP | +18.6% |
| 1983 | 1.33 current LCU per US$ of GDP | +1.4% |
| 1984 | 1.31 current LCU per US$ of GDP | -1.9% |
| 1985 | 1.37 current LCU per US$ of GDP | +4.7% |
| 1986 | 2.16 current LCU per US$ of GDP | +58.0% |
| 1987 | 2.06 current LCU per US$ of GDP | -4.6% |
| 1988 | 2.2 current LCU per US$ of GDP | +6.5% |
| 1989 | 2.3 current LCU per US$ of GDP | +4.7% |
| 1990 | 2.05 current LCU per US$ of GDP | -10.8% |
| 1991 | 2.17 current LCU per US$ of GDP | +5.7% |
| 1992 | 2.34 current LCU per US$ of GDP | +8.0% |
| 1993 | 2.92 current LCU per US$ of GDP | +24.5% |
| 1994 | 2.97 current LCU per US$ of GDP | +1.6% |
| 1995 | 3.04 current LCU per US$ of GDP | +2.5% |
| 1996 | 3.08 current LCU per US$ of GDP | +1.3% |
| 1997 | 3.4 current LCU per US$ of GDP | +10.5% |
| 1998 | 3.62 current LCU per US$ of GDP | +6.5% |
| 1999 | 3.58 current LCU per US$ of GDP | -1.2% |
| 2000 | 3.24 current LCU per US$ of GDP | -9.4% |
| 2001 | 3.33 current LCU per US$ of GDP | +2.6% |
| 2002 | 3.46 current LCU per US$ of GDP | +3.9% |
| 2003 | 3.01 current LCU per US$ of GDP | -13.1% |
| 2004 | 2.81 current LCU per US$ of GDP | -6.3% |
| 2005 | 2.5 current LCU per US$ of GDP | -11.0% |
| 2006 | 2.4 current LCU per US$ of GDP | -4.1% |
| 2007 | 2.5 current LCU per US$ of GDP | +4.1% |
| 2008 | 2.21 current LCU per US$ of GDP | -11.5% |
| 2009 | 2.94 current LCU per US$ of GDP | +33.0% |
| 2010 | 2.9 current LCU per US$ of GDP | -1.4% |
| 2011 | 2.76 current LCU per US$ of GDP | -5.0% |
| 2012 | 3.14 current LCU per US$ of GDP | +13.9% |
| 2013 | 3.27 current LCU per US$ of GDP | +4.0% |
| 2014 | 3.37 current LCU per US$ of GDP | +3.2% |
| 2015 | 3.73 current LCU per US$ of GDP | +10.7% |
| 2016 | 4.03 current LCU per US$ of GDP | +8.1% |
| 2017 | 4.02 current LCU per US$ of GDP | -0.4% |
| 2018 | 3.87 current LCU per US$ of GDP | -3.6% |
| 2019 | 4.07 current LCU per US$ of GDP | +5.2% |
| 2020 | 4.23 current LCU per US$ of GDP | +4.0% |
| 2021 | 3.71 current LCU per US$ of GDP | -12.4% |
| 2022 | 3.45 current LCU per US$ of GDP | -6.9% |
| 2023 | 4.07 current LCU per US$ of GDP | +18.0% |
| 2024 | 3.99 current LCU per US$ of GDP | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.996 current LCU per US$ of GDP | 0.9293 current LCU per US$ of GDP | 1.08 current LCU per US$ of GDP | 4 |
| 1970s | 1 current LCU per US$ of GDP | 0.8129 current LCU per US$ of GDP | 1.1 current LCU per US$ of GDP | 10 |
| 1980s | 1.62 current LCU per US$ of GDP | 1.02 current LCU per US$ of GDP | 2.3 current LCU per US$ of GDP | 10 |
| 1990s | 2.92 current LCU per US$ of GDP | 2.05 current LCU per US$ of GDP | 3.62 current LCU per US$ of GDP | 10 |
| 2000s | 2.84 current LCU per US$ of GDP | 2.21 current LCU per US$ of GDP | 3.46 current LCU per US$ of GDP | 10 |
| 2010s | 3.52 current LCU per US$ of GDP | 2.76 current LCU per US$ of GDP | 4.07 current LCU per US$ of GDP | 10 |
| 2020s | 3.89 current LCU per US$ of GDP | 3.45 current LCU per US$ of GDP | 4.23 current LCU per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 108 Greenland 4.2 current LCU per US$ of GDP compare
- 109 Denmark 4.15 current LCU per US$ of GDP compare
- 110 China 4.15 current LCU per US$ of GDP compare
- 112 Solomon Islands 3.97 current LCU per US$ of GDP compare
- 113 Tajikistan 3.94 current LCU per US$ of GDP compare
- 114 Faroe Islands 3.71 current LCU per US$ of GDP 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)
- 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)
- Agriculture, forestry, and fishing, value added (current LCU), per 983.34 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -5.39 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0047 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 87.84 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -5.39 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0265 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Trinidad and Tobago?
- Services, value added (current lcu), per unit of gdp in Trinidad and Tobago was 3.99 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 4.23 current LCU per US$ of GDP in 2020.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.8129 current LCU per US$ of GDP in 1974.
- How does Trinidad and Tobago rank for services, value added (current lcu), per unit of gdp?
- Trinidad and Tobago ranks 111th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.