Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago
Trinidad and Tobago: Value Added (Total Manufacturing) — Value Standard Local Currency was 24,523 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Trinidad and Tobago, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Trinidad and Tobago is 24,523 million SLC, measured in 2023.
Compared with earlier readings it is down 28.6% on the previous year and down 4.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Trinidad and Tobago peaked at 34,350 million SLC in 2022 and was at its lowest, 405.64 million SLC, in 1970.
That places Trinidad and Tobago 123rd out of 202 countries with data for 2023, putting it in the middle of the range.
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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 405.64 million SLC | — |
| 1971 | 418.93 million SLC | +3.3% |
| 1972 | 492.5 million SLC | +17.6% |
| 1973 | 525.19 million SLC | +6.6% |
| 1974 | 700.94 million SLC | +33.5% |
| 1975 | 809.25 million SLC | +15.5% |
| 1976 | 895.08 million SLC | +10.6% |
| 1977 | 1,049 million SLC | +17.2% |
| 1978 | 1,097 million SLC | +4.6% |
| 1979 | 1,601 million SLC | +45.9% |
| 1980 | 1,367 million SLC | -14.6% |
| 1981 | 1,032 million SLC | -24.5% |
| 1982 | 1,167 million SLC | +13.1% |
| 1983 | 1,575 million SLC | +34.9% |
| 1984 | 1,750 million SLC | +11.2% |
| 1985 | 1,606 million SLC | -8.2% |
| 1986 | 1,699 million SLC | +5.8% |
| 1987 | 1,805 million SLC | +6.3% |
| 1988 | 2,237 million SLC | +23.9% |
| 1989 | 2,386 million SLC | +6.7% |
| 1990 | 2,956 million SLC | +23.9% |
| 1991 | 3,186 million SLC | +7.8% |
| 1992 | 3,127 million SLC | -1.9% |
| 1993 | 3,315 million SLC | +6.0% |
| 1994 | 5,022 million SLC | +51.5% |
| 1995 | 5,256 million SLC | +4.7% |
| 1996 | 5,823 million SLC | +10.8% |
| 1997 | 5,762 million SLC | -1.1% |
| 1998 | 5,829 million SLC | +1.2% |
| 1999 | 6,375 million SLC | +9.4% |
| 2000 | 8,889 million SLC | +39.4% |
| 2001 | 8,488 million SLC | -4.5% |
| 2002 | 8,635 million SLC | +1.7% |
| 2003 | 12,826 million SLC | +48.5% |
| 2004 | 17,266 million SLC | +34.6% |
| 2005 | 21,761 million SLC | +26.0% |
| 2006 | 23,536 million SLC | +8.2% |
| 2007 | 27,255 million SLC | +15.8% |
| 2008 | 32,868 million SLC | +20.6% |
| 2009 | 20,216 million SLC | -38.5% |
| 2010 | 26,992 million SLC | +33.5% |
| 2011 | 34,223 million SLC | +26.8% |
| 2012 | 30,456 million SLC | -11.0% |
| 2013 | 25,697 million SLC | -15.6% |
| 2014 | 27,314 million SLC | +6.3% |
| 2015 | 24,239 million SLC | -11.3% |
| 2016 | 27,145 million SLC | +12.0% |
| 2017 | 26,344 million SLC | -2.9% |
| 2018 | 27,370 million SLC | +3.9% |
| 2019 | 23,941 million SLC | -12.5% |
| 2020 | 21,793 million SLC | -9.0% |
| 2021 | 28,671 million SLC | +31.6% |
| 2022 | 34,350 million SLC | +19.8% |
| 2023 | 24,523 million SLC | -28.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 799.54 million SLC | 405.64 million SLC | 1,601 million SLC | 10 |
| 1980s | 1,662 million SLC | 1,032 million SLC | 2,386 million SLC | 10 |
| 1990s | 4,665 million SLC | 2,956 million SLC | 6,375 million SLC | 10 |
| 2000s | 18,174 million SLC | 8,488 million SLC | 32,868 million SLC | 10 |
| 2010s | 27,372 million SLC | 23,941 million SLC | 34,223 million SLC | 10 |
| 2020s | 27,334 million SLC | 21,793 million SLC | 34,350 million SLC | 4 |
Countries ranked near Trinidad and Tobago
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)
- Manufacturing, value added (constant LCU), per capita 19,116 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3464 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 6,490 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 2.79 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 2.34 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 43,808 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
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 24,523 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Trinidad and Tobago?
- The highest recorded value was 34,350 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Trinidad and Tobago?
- The lowest recorded value was 405.64 million SLC in 1970.
- How does Trinidad and Tobago rank for value added (total manufacturing) — value standard local currency?
- Trinidad and Tobago ranks 123rd out of 202 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 4.6%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).