Services, value added (current US$), per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Services, value added (current US$), per unit of GDP was 0.5918 current US$ per US$ of GDP in 2024. ▲ Rising
Services, value added (current US$), per unit of GDP in Trinidad and Tobago, 1966–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Trinidad and Tobago recorded 0.5918 current US$ per US$ of GDP for services, value added (current us$), per unit of gdp in 2024.
Compared with earlier readings it is down 1.9% on the previous year and up 12.5% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Trinidad and Tobago peaked at 0.6272 current US$ per US$ of GDP in 2020 and was at its lowest, 0.3518 current US$ per US$ of GDP, in 2008.
That places Trinidad and Tobago 93rd 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 US$), per unit of GDP in Trinidad and Tobago, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1966 | 0.5532 current US$ per US$ of GDP | — |
| 1967 | 0.5347 current US$ per US$ of GDP | -3.3% |
| 1968 | 0.5146 current US$ per US$ of GDP | -3.8% |
| 1969 | 0.5386 current US$ per US$ of GDP | +4.7% |
| 1970 | 0.5478 current US$ per US$ of GDP | +1.7% |
| 1971 | 0.5494 current US$ per US$ of GDP | +0.3% |
| 1972 | 0.5374 current US$ per US$ of GDP | -2.2% |
| 1973 | 0.5071 current US$ per US$ of GDP | -5.6% |
| 1974 | 0.3959 current US$ per US$ of GDP | -21.9% |
| 1975 | 0.4007 current US$ per US$ of GDP | +1.2% |
| 1976 | 0.4052 current US$ per US$ of GDP | +1.1% |
| 1977 | 0.423 current US$ per US$ of GDP | +4.4% |
| 1978 | 0.4527 current US$ per US$ of GDP | +7.0% |
| 1979 | 0.4423 current US$ per US$ of GDP | -2.3% |
| 1980 | 0.4264 current US$ per US$ of GDP | -3.6% |
| 1981 | 0.4621 current US$ per US$ of GDP | +8.4% |
| 1982 | 0.548 current US$ per US$ of GDP | +18.6% |
| 1983 | 0.5555 current US$ per US$ of GDP | +1.4% |
| 1984 | 0.5449 current US$ per US$ of GDP | -1.9% |
| 1985 | 0.5589 current US$ per US$ of GDP | +2.6% |
| 1986 | 0.6008 current US$ per US$ of GDP | +7.5% |
| 1987 | 0.5733 current US$ per US$ of GDP | -4.6% |
| 1988 | 0.5719 current US$ per US$ of GDP | -0.2% |
| 1989 | 0.5415 current US$ per US$ of GDP | -5.3% |
| 1990 | 0.4829 current US$ per US$ of GDP | -10.8% |
| 1991 | 0.5104 current US$ per US$ of GDP | +5.7% |
| 1992 | 0.5511 current US$ per US$ of GDP | +8.0% |
| 1993 | 0.5451 current US$ per US$ of GDP | -1.1% |
| 1994 | 0.5004 current US$ per US$ of GDP | -8.2% |
| 1995 | 0.5108 current US$ per US$ of GDP | +2.1% |
| 1996 | 0.5126 current US$ per US$ of GDP | +0.4% |
| 1997 | 0.5439 current US$ per US$ of GDP | +6.1% |
| 1998 | 0.5748 current US$ per US$ of GDP | +5.7% |
| 1999 | 0.5681 current US$ per US$ of GDP | -1.2% |
| 2000 | 0.5147 current US$ per US$ of GDP | -9.4% |
| 2001 | 0.5339 current US$ per US$ of GDP | +3.7% |
| 2002 | 0.5531 current US$ per US$ of GDP | +3.6% |
| 2003 | 0.4774 current US$ per US$ of GDP | -13.7% |
| 2004 | 0.4469 current US$ per US$ of GDP | -6.4% |
| 2005 | 0.3975 current US$ per US$ of GDP | -11.1% |
| 2006 | 0.3804 current US$ per US$ of GDP | -4.3% |
| 2007 | 0.395 current US$ per US$ of GDP | +3.8% |
| 2008 | 0.3518 current US$ per US$ of GDP | -10.9% |
| 2009 | 0.4653 current US$ per US$ of GDP | +32.3% |
| 2010 | 0.4551 current US$ per US$ of GDP | -2.2% |
| 2011 | 0.4299 current US$ per US$ of GDP | -5.5% |
| 2012 | 0.4881 current US$ per US$ of GDP | +13.5% |
| 2013 | 0.5068 current US$ per US$ of GDP | +3.8% |
| 2014 | 0.5259 current US$ per US$ of GDP | +3.8% |
| 2015 | 0.585 current US$ per US$ of GDP | +11.2% |
| 2016 | 0.6048 current US$ per US$ of GDP | +3.4% |
| 2017 | 0.5923 current US$ per US$ of GDP | -2.1% |
| 2018 | 0.5719 current US$ per US$ of GDP | -3.4% |
| 2019 | 0.6029 current US$ per US$ of GDP | +5.4% |
| 2020 | 0.6272 current US$ per US$ of GDP | +4.0% |
| 2021 | 0.5487 current US$ per US$ of GDP | -12.5% |
| 2022 | 0.511 current US$ per US$ of GDP | -6.9% |
| 2023 | 0.6033 current US$ per US$ of GDP | +18.1% |
| 2024 | 0.5918 current US$ per US$ of GDP | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5353 current US$ per US$ of GDP | 0.5146 current US$ per US$ of GDP | 0.5532 current US$ per US$ of GDP | 4 |
| 1970s | 0.4662 current US$ per US$ of GDP | 0.3959 current US$ per US$ of GDP | 0.5494 current US$ per US$ of GDP | 10 |
| 1980s | 0.5383 current US$ per US$ of GDP | 0.4264 current US$ per US$ of GDP | 0.6008 current US$ per US$ of GDP | 10 |
| 1990s | 0.53 current US$ per US$ of GDP | 0.4829 current US$ per US$ of GDP | 0.5748 current US$ per US$ of GDP | 10 |
| 2000s | 0.4516 current US$ per US$ of GDP | 0.3518 current US$ per US$ of GDP | 0.5531 current US$ per US$ of GDP | 10 |
| 2010s | 0.5363 current US$ per US$ of GDP | 0.4299 current US$ per US$ of GDP | 0.6048 current US$ per US$ of GDP | 10 |
| 2020s | 0.5764 current US$ per US$ of GDP | 0.511 current US$ per US$ of GDP | 0.6272 current US$ per US$ of GDP | 5 |
Countries ranked near Trinidad and Tobago
- 90 Serbia 0.5973 current US$ per US$ of GDP compare
- 91 Kuwait 0.5962 current US$ per US$ of GDP compare
- 92 Turkey 0.5942 current US$ per US$ of GDP compare
- 94 Mexico 0.589 current US$ per US$ of GDP compare
- 95 Russia 0.5888 current US$ per US$ of GDP compare
- 96 El Salvador 0.5887 current US$ 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)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2811 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 5,267 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 2.37 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 44,334 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 0.429 % change on previous year (2024)
- Services, value added (current US$), per capita 11,087 current US$ per person (2024)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Trinidad and Tobago?
- Services, value added (current us$), per unit of gdp in Trinidad and Tobago was 0.5918 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 0.6272 current US$ per US$ of GDP in 2020.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.3518 current US$ per US$ of GDP in 2008.
- How does Trinidad and Tobago rank for services, value added (current us$), per unit of gdp?
- Trinidad and Tobago ranks 93rd out of 204 countries with data for 2024.
- Is services, value added (current us$), per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 12.5%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.