Trade in services in Trinidad and Tobago
Trinidad and Tobago: Trade in services was 15.7% in 2025. ▼ Falling
Trade in services in Trinidad and Tobago, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Trinidad and Tobago stood at 15.7%.
The figure is up 1.4% on the previous year and up 4.4% over ten years.
Over the whole period, trade in services in Trinidad and Tobago peaked at 18.9% in 1976 and was at its lowest, 4.5%, in 2008.
Trinidad and Tobago ranks 126th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Trade in services in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 17.0% | — |
| 1976 | 18.9% | +11.5% |
| 1977 | 17.6% | -6.9% |
| 1978 | 17.4% | -1.4% |
| 1979 | 17.0% | -2.1% |
| 1980 | 16.9% | -0.4% |
| 1981 | 16.2% | -4.3% |
| 1982 | 16.6% | +2.7% |
| 1983 | 14.7% | -11.7% |
| 1984 | 14.4% | -2.1% |
| 1985 | 13.4% | -6.7% |
| 1986 | 18.5% | +37.6% |
| 1987 | 14.6% | -20.7% |
| 1988 | 16.1% | +10.1% |
| 1989 | 16.7% | +3.4% |
| 1990 | 15.9% | -4.4% |
| 1991 | 17.7% | +11.1% |
| 1992 | 18.7% | +5.4% |
| 1993 | 17.6% | -5.9% |
| 1994 | 15.5% | -12.0% |
| 1995 | 11.0% | -29.0% |
| 1996 | 11.8% | +7.4% |
| 1997 | 14.0% | +18.4% |
| 1998 | 15.3% | +9.9% |
| 1999 | 13.1% | -14.8% |
| 2000 | 11.6% | -11.6% |
| 2001 | 10.7% | -7.1% |
| 2002 | 11.2% | +4.5% |
| 2003 | 9.4% | -16.4% |
| 2004 | 9.2% | -1.7% |
| 2005 | 9.0% | -2.1% |
| 2006 | 6.4% | -28.9% |
| 2007 | 6.0% | -5.7% |
| 2008 | 4.5% | -25.0% |
| 2009 | 6.0% | +32.2% |
| 2010 | 5.7% | -4.8% |
| 2011 | 14.0% | +146.2% |
| 2012 | 14.3% | +2.1% |
| 2013 | 13.7% | -4.3% |
| 2014 | 14.1% | +2.5% |
| 2015 | 15.1% | +7.0% |
| 2016 | 15.6% | +3.8% |
| 2017 | 17.1% | +9.4% |
| 2018 | 14.0% | -18.1% |
| 2019 | 11.6% | -16.9% |
| 2020 | 10.5% | -9.3% |
| 2021 | 11.3% | +6.7% |
| 2022 | 15.4% | +36.7% |
| 2023 | 15.1% | -2.1% |
| 2024 | 15.5% | +2.9% |
| 2025 | 15.7% | +1.4% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 15.7% is below the median for high income countries, which is 31.7%, 50% of the median. (72 countries reporting)
- Trinidad and Tobago's 15.7% is below the median for Latin America & Caribbean, which is 27.7%, 57% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Trade in services 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 |
|---|---|---|---|
| 2011 | +146.2% | 5.7% | 14.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.6% | 17.0% | 18.9% | 5 |
| 1980s | 15.8% | 13.4% | 18.5% | 10 |
| 1990s | 15.0% | 11.0% | 18.7% | 10 |
| 2000s | 8.4% | 4.5% | 11.6% | 10 |
| 2010s | 13.5% | 5.7% | 17.1% | 10 |
| 2020s | 13.9% | 10.5% | 15.7% | 6 |
Countries ranked near Trinidad and Tobago
- 123 Eswatini 16.0% compare
- 124 Madagascar 15.9% compare
- 125 Dominican Republic 15.8% compare
- 127 Uruguay 15.6% compare
- 128 Uzbekistan 15.6% compare
- 129 India 15.5% 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 trade in services in Trinidad and Tobago?
- Trade in services in Trinidad and Tobago was 15.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Trinidad and Tobago?
- The highest recorded value was 18.9% in 1976.
- What is the lowest trade in services recorded in Trinidad and Tobago?
- The lowest recorded value was 4.5% in 2008.
- How does Trinidad and Tobago rank for trade in services?
- Trinidad and Tobago ranks 126th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.