Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago

Trinidad and Tobago: Value Added (Total Manufacturing) — Value Standard Local Currency was -28.61 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-28.61 % change on previous year
Change on year
down 244.4%
World rank
229th
of 231 countries
All-time high
51.51 % change on previous year
in 1994
All-time low
-38.49 % change on previous year
in 2009
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago, 1971–2023

-40-200204060197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Trinidad and Tobago recorded -28.61 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

Compared with earlier readings it is down 244.4% on the previous year and down 83.1% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Trinidad and Tobago peaked at 51.51 % change on previous year in 1994 and was at its lowest, -38.49 % change on previous year, in 2009.

That places Trinidad and Tobago 229th out of 231 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Trinidad and Tobago, 1971 to 2023.
Year % change on previous year Change
1971 3.27 % change on previous year —
1972 17.56 % change on previous year +436.3%
1973 6.64 % change on previous year -62.2%
1974 33.46 % change on previous year +404.0%
1975 15.45 % change on previous year -53.8%
1976 10.61 % change on previous year -31.4%
1977 17.24 % change on previous year +62.5%
1978 4.58 % change on previous year -73.4%
1979 45.9 % change on previous year +902.9%
1980 -14.61 % change on previous year -131.8%
1981 -24.51 % change on previous year +67.8%
1982 13.07 % change on previous year -153.3%
1983 34.94 % change on previous year +167.3%
1984 11.16 % change on previous year -68.1%
1985 -8.23 % change on previous year -173.7%
1986 5.79 % change on previous year -170.3%
1987 6.25 % change on previous year +8.0%
1988 23.88 % change on previous year +281.9%
1989 6.67 % change on previous year -72.1%
1990 23.9 % change on previous year +258.3%
1991 7.78 % change on previous year -67.5%
1992 -1.86 % change on previous year -123.9%
1993 6.01 % change on previous year -423.3%
1994 51.51 % change on previous year +756.7%
1995 4.66 % change on previous year -91.0%
1996 10.79 % change on previous year +131.6%
1997 -1.05 % change on previous year -109.8%
1998 1.17 % change on previous year -211.2%
1999 9.36 % change on previous year +699.7%
2000 39.45 % change on previous year +321.4%
2001 -4.52 % change on previous year -111.5%
2002 1.73 % change on previous year -138.3%
2003 48.53 % change on previous year +2705.3%
2004 34.62 % change on previous year -28.7%
2005 26.03 % change on previous year -24.8%
2006 8.15 % change on previous year -68.7%
2007 15.8 % change on previous year +93.8%
2008 20.59 % change on previous year +30.3%
2009 -38.49 % change on previous year -286.9%
2010 33.52 % change on previous year -187.1%
2011 26.79 % change on previous year -20.1%
2012 -11.01 % change on previous year -141.1%
2013 -15.63 % change on previous year +42.0%
2014 6.29 % change on previous year -140.3%
2015 -11.26 % change on previous year -278.9%
2016 11.99 % change on previous year -206.5%
2017 -2.95 % change on previous year -124.6%
2018 3.89 % change on previous year -232.1%
2019 -12.53 % change on previous year -421.8%
2020 -8.97 % change on previous year -28.4%
2021 31.56 % change on previous year -451.7%
2022 19.81 % change on previous year -37.2%
2023 -28.61 % change on previous year -244.4%

Trinidad and Tobago compared with similar countries

  • Trinidad and Tobago's -28.61 % change on previous year is below the median for high income countries, which is 4.06 % change on previous year. (73 countries reporting)
  • Trinidad and Tobago's -28.61 % change on previous year is below the median for Latin America & Caribbean, which is 5.11 % change on previous year. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
2003 +2705.3% 1.73 % change on previous year 48.53 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.19 % change on previous year 3.27 % change on previous year 45.9 % change on previous year 9
1980s 5.44 % change on previous year -24.51 % change on previous year 34.94 % change on previous year 10
1990s 11.23 % change on previous year -1.86 % change on previous year 51.51 % change on previous year 10
2000s 15.19 % change on previous year -38.49 % change on previous year 48.53 % change on previous year 10
2010s 2.91 % change on previous year -15.63 % change on previous year 33.52 % change on previous year 10
2020s 3.45 % change on previous year -28.61 % change on previous year 31.56 % change on previous year 4

Countries ranked near Trinidad and Tobago

  1. 226 Ireland -22.42 % change on previous year compare
  2. 227 Brunei -25.67 % change on previous year compare
  3. 227 Brunei Darussalam -25.67 % change on previous year compare
  4. 230 Tajikistan -37.11 % change on previous year compare
  5. 231 Lebanon -73.33 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Trinidad and Tobago?
Value added (total manufacturing) — value standard local currency in Trinidad and Tobago was -28.61 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Trinidad and Tobago?
The highest recorded value was 51.51 % change on previous year in 1994.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Trinidad and Tobago?
The lowest recorded value was -38.49 % change on previous year in 2009.
How does Trinidad and Tobago rank for value added (total manufacturing) — value standard local currency?
Trinidad and Tobago ranks 229th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Trinidad and Tobago?
Over the last ten years it is down 83.1%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/trinidad-and-tobago/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/trinidad-and-tobago/">Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.