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

Latest (2024)
0.5918 current US$ per US$ of GDP
Change on year
down 1.9%
World rank
93rd
of 204 countries
All-time high
0.6272 current US$ per US$ of GDP
in 2020
All-time low
0.3518 current US$ per US$ of GDP
in 2008
Years of data
59
1966–2024

Services, value added (current US$), per unit of GDP in Trinidad and Tobago, 1966–2024

00.20.40.6196619952024

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

Annual values for Services, value added (current US$), per unit of GDP in Trinidad and Tobago, 1966 to 2024.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 90 Serbia 0.5973 current US$ per US$ of GDP compare
  2. 91 Kuwait 0.5962 current US$ per US$ of GDP compare
  3. 92 Turkey 0.5942 current US$ per US$ of GDP compare
  4. 94 Mexico 0.589 current US$ per US$ of GDP compare
  5. 95 Russia 0.5888 current US$ per US$ of GDP compare
  6. 96 El Salvador 0.5887 current US$ per US$ of GDP compare

See the full ranking of 252 places →

More economy & growth data for Trinidad and Tobago

All data for Trinidad and Tobago →

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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Services, value added (current US$), per unit of GDP in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-per-unit-of-gdp/trinidad-and-tobago/

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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

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 (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

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.