Share of household consumption in GDP vs. GDP per capita in Trinidad and Tobago
Trinidad and Tobago: Share of household consumption in GDP vs. GDP per capita was 59.9% in 2023. ▼ Falling
Share of household consumption in GDP vs. GDP per capita in Trinidad and Tobago, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Trinidad and Tobago recorded 59.9% for share of household consumption in gdp vs. gdp per capita in 2023.
Compared with earlier readings it is up 3.2% on the previous year and up 23.9% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Trinidad and Tobago peaked at 79.1% in 1983 and was at its lowest, 27.1%, in 2006.
That places Trinidad and Tobago 99th out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 74 years of available data.
Share of household consumption in GDP vs. GDP per capita in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 63.1% | — |
| 1951 | 63.5% | +0.5% |
| 1952 | 64.4% | +1.5% |
| 1953 | 64.8% | +0.6% |
| 1954 | 67.2% | +3.7% |
| 1955 | 70.5% | +4.9% |
| 1956 | 67.1% | -4.8% |
| 1957 | 67.7% | +0.8% |
| 1958 | 68.6% | +1.3% |
| 1959 | 69.1% | +0.8% |
| 1960 | 68.4% | -1.0% |
| 1961 | 67.5% | -1.3% |
| 1962 | 69.6% | +3.1% |
| 1963 | 72.6% | +4.3% |
| 1964 | 72.0% | -0.8% |
| 1965 | 71.3% | -0.9% |
| 1966 | 68.2% | -4.3% |
| 1967 | 71.3% | +4.5% |
| 1968 | 67.6% | -5.2% |
| 1969 | 71.0% | +5.0% |
| 1970 | 66.1% | -6.9% |
| 1971 | 65.4% | -1.1% |
| 1972 | 64.9% | -0.8% |
| 1973 | 61.5% | -5.3% |
| 1974 | 60.3% | -2.0% |
| 1975 | 64.9% | +7.6% |
| 1976 | 67.8% | +4.5% |
| 1977 | 73.4% | +8.2% |
| 1978 | 72.1% | -1.8% |
| 1979 | 75.8% | +5.2% |
| 1980 | 74.4% | -1.9% |
| 1981 | 74.6% | +0.4% |
| 1982 | 78.5% | +5.1% |
| 1983 | 79.1% | +0.8% |
| 1984 | 71.5% | -9.5% |
| 1985 | 69.1% | -3.4% |
| 1986 | 74.8% | +8.3% |
| 1987 | 66.7% | -10.9% |
| 1988 | 68.7% | +3.0% |
| 1989 | 63.6% | -7.4% |
| 1990 | 58.1% | -8.7% |
| 1991 | 67.2% | +15.6% |
| 1992 | 56.8% | -15.5% |
| 1993 | 62.7% | +10.3% |
| 1994 | 52.9% | -15.6% |
| 1995 | 51.8% | -2.1% |
| 1996 | 55.6% | +7.5% |
| 1997 | 64.0% | +15.0% |
| 1998 | 64.0% | +0.1% |
| 1999 | 60.0% | -6.3% |
| 2000 | 55.9% | -7.0% |
| 2001 | 53.8% | -3.7% |
| 2002 | 60.0% | +11.5% |
| 2003 | 47.3% | -21.2% |
| 2004 | 54.4% | +15.0% |
| 2005 | 31.9% | -41.3% |
| 2006 | 27.1% | -15.0% |
| 2007 | 43.2% | +59.0% |
| 2008 | 45.2% | +4.7% |
| 2009 | 50.6% | +11.9% |
| 2010 | 46.5% | -8.0% |
| 2011 | 45.8% | -1.5% |
| 2012 | 45.9% | +0.1% |
| 2013 | 48.4% | +5.5% |
| 2014 | 49.6% | +2.5% |
| 2015 | 49.0% | -1.3% |
| 2016 | 54.2% | +10.7% |
| 2017 | 57.5% | +6.1% |
| 2018 | 58.7% | +2.1% |
| 2019 | 58.4% | -0.5% |
| 2020 | 61.6% | +5.5% |
| 2021 | 60.1% | -2.5% |
| 2022 | 58.1% | -3.3% |
| 2023 | 59.9% | +3.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 59.9% is above the median for high income countries, which is 52.1%, 1.2× the median. (66 countries reporting)
- Trinidad and Tobago's 59.9% is below the median for Latin America & Caribbean, which is 64.6%, 93% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Share of household consumption in GDP vs. GDP per capita in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +59.0% | 27.1% | 43.2% |
| 2005 | -41.3% | 54.4% | 31.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 66.6% | 63.1% | 70.5% | 10 |
| 1960s | 70.0% | 67.5% | 72.6% | 10 |
| 1970s | 67.2% | 60.3% | 75.8% | 10 |
| 1980s | 72.1% | 63.6% | 79.1% | 10 |
| 1990s | 59.3% | 51.8% | 67.2% | 10 |
| 2000s | 46.9% | 27.1% | 60.0% | 10 |
| 2010s | 51.4% | 45.8% | 58.7% | 10 |
| 2020s | 59.9% | 58.1% | 61.6% | 4 |
Countries ranked near Trinidad and Tobago
- 96 Curaçao 60.5% compare
- 97 United Kingdom of Great Britain and Northern Ireland 60.5% compare
- 98 Costa Rica 60.0% compare
- 100 Bosnia and Herzegovina 59.8% compare
- 101 Bahamas 59.3% compare
- 102 Saint Lucia 59.3% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -390.11 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.015 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -285.22 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -794.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -75.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0306 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -580.8 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -10.46 % change on previous year (2024)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Trinidad and Tobago?
- Share of household consumption in gdp vs. gdp per capita in Trinidad and Tobago was 59.9% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Trinidad and Tobago?
- The highest recorded value was 79.1% in 1983.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Trinidad and Tobago?
- The lowest recorded value was 27.1% in 2006.
- How does Trinidad and Tobago rank for share of household consumption in gdp vs. gdp per capita?
- Trinidad and Tobago ranks 99th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.