Trinidad and Tobago - GDP

GDP (current US$)

The latest value for GDP (current US$) in Trinidad and Tobago was $21,588,040,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $27,871,590,000 in 2008 and $535,670,100 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $535,670,100
1961 $584,961,200
1962 $619,319,200
1963 $678,235,400
1964 $711,893,400
1965 $736,568,800
1966 $723,735,600
1967 $761,981,500
1968 $758,900,000
1969 $779,200,000
1970 $821,850,000
1971 $896,754,300
1972 $1,083,381,000
1973 $1,308,799,000
1974 $2,042,032,000
1975 $2,442,668,000
1976 $2,500,411,000
1977 $3,138,667,000
1978 $3,562,333,000
1979 $4,602,417,000
1980 $6,235,833,000
1981 $6,992,083,000
1982 $8,140,417,000
1983 $7,763,750,000
1984 $7,757,083,000
1985 $7,375,919,000
1986 $4,794,444,000
1987 $4,797,778,000
1988 $4,496,852,000
1989 $4,323,059,000
1990 $5,068,000,000
1991 $5,307,906,000
1992 $5,439,553,000
1993 $4,669,489,000
1994 $4,947,206,000
1995 $5,329,214,000
1996 $5,759,538,000
1997 $5,737,752,000
1998 $6,043,694,000
1999 $6,808,983,000
2000 $8,154,338,000
2001 $8,824,873,000
2002 $9,008,273,000
2003 $11,305,460,000
2004 $13,280,280,000
2005 $15,982,280,000
2006 $18,369,360,000
2007 $21,641,620,000
2008 $27,871,590,000
2009 $19,172,170,000
2010 $22,157,950,000
2011 $25,433,010,000
2012 $25,763,220,000
2013 $27,268,480,000
2014 $27,615,840,000
2015 $24,959,860,000
2016 $22,386,260,000
2017 $22,385,430,000
2018 $23,679,920,000
2019 $23,208,330,000
2020 $21,588,040,000

GDP (current LCU)

The value for GDP (current LCU) in Trinidad and Tobago was 145,743,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 176,993,000,000 in 2014 and a minimum value of 918,299,300 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 918,299,300
1961 1,002,799,000
1962 1,061,699,000
1963 1,162,699,000
1964 1,220,399,000
1965 1,262,700,000
1966 1,240,700,000
1967 1,324,400,000
1968 1,517,800,000
1969 1,558,400,000
1970 1,643,700,000
1971 1,771,000,000
1972 2,081,500,000
1973 2,564,200,000
1974 4,192,700,000
1975 5,300,100,000
1976 6,090,500,000
1977 7,532,800,000
1978 8,549,600,000
1979 11,045,800,000
1980 14,966,000,000
1981 16,781,000,000
1982 19,537,000,000
1983 18,633,000,000
1984 18,617,000,000
1985 18,071,000,000
1986 17,260,000,000
1987 17,272,000,000
1988 17,285,000,000
1989 18,373,000,000
1990 21,539,000,000
1991 22,558,600,000
1992 23,118,100,000
1993 24,986,900,000
1994 29,311,700,000
1995 31,697,100,000
1996 34,586,600,000
1997 35,870,700,000
1998 38,065,000,000
1999 42,889,100,000
2000 51,370,700,000
2001 55,007,200,000
2002 56,290,000,000
2003 71,169,000,000
2004 83,652,450,000
2005 100,682,000,000
2006 115,951,000,000
2007 136,953,000,000
2008 175,287,000,000
2009 121,281,000,000
2010 141,268,000,000
2011 163,008,000,000
2012 165,647,000,000
2013 175,680,000,000
2014 176,993,000,000
2015 159,179,000,000
2016 149,294,000,000
2017 151,762,000,000
2018 160,332,000,000
2019 156,756,000,000
2020 145,743,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Trinidad and Tobago was 145,743,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 176,993,000,000 in 2014 and 21,539,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 21,539,000,000
1991 22,558,600,000
1992 23,118,100,000
1993 24,986,900,000
1994 29,311,700,000
1995 31,697,100,000
1996 34,586,600,000
1997 35,870,700,000
1998 38,065,000,000
1999 42,889,100,000
2000 51,370,700,000
2001 55,007,200,000
2002 56,290,000,000
2003 71,169,000,000
2004 83,652,450,000
2005 100,682,000,000
2006 115,951,000,000
2007 136,953,000,000
2008 175,287,000,000
2009 121,281,000,000
2010 141,268,000,000
2011 163,008,000,000
2012 165,647,000,000
2013 175,680,000,000
2014 176,993,000,000
2015 159,179,000,000
2016 149,294,000,000
2017 151,762,000,000
2018 160,332,000,000
2019 156,756,000,000
2020 145,743,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Trinidad and Tobago was 20,813,760,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 24,959,860,000 in 2015 and 3,687,200,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 3,687,200,000
1961 4,204,775,000
1962 4,320,089,000
1963 4,562,213,000
1964 4,910,332,000
1965 4,944,403,000
1966 5,144,988,000
1967 5,250,076,000
1968 5,523,874,000
1969 5,674,714,000
1970 5,875,238,000
1971 5,936,360,000
1972 6,279,502,000
1973 6,383,517,000
1974 6,626,576,000
1975 6,724,515,000
1976 7,155,230,000
1977 7,807,915,000
1978 8,589,993,000
1979 8,899,178,000
1980 9,823,875,000
1981 10,273,530,000
1982 10,663,860,000
1983 9,565,446,000
1984 9,015,346,000
1985 8,643,967,000
1986 8,360,517,000
1987 7,979,128,000
1988 7,666,369,000
1989 7,602,744,000
1990 7,717,482,000
1991 7,957,682,000
1992 8,760,849,000
1993 8,702,230,000
1994 9,012,653,000
1995 9,356,028,000
1996 10,023,530,000
1997 10,777,590,000
1998 11,653,220,000
1999 12,588,370,000
2000 13,457,140,000
2001 14,018,100,000
2002 15,130,680,000
2003 17,315,700,000
2004 18,692,300,000
2005 19,852,900,000
2006 22,475,080,000
2007 23,543,590,000
2008 24,342,130,000
2009 23,273,090,000
2010 24,046,510,000
2011 23,975,720,000
2012 24,280,210,000
2013 24,821,430,000
2014 24,594,920,000
2015 24,959,860,000
2016 23,561,650,000
2017 22,857,790,000
2018 22,872,880,000
2019 22,587,790,000
2020 20,813,760,000

GDP (constant LCU)

The value for GDP (constant LCU) in Trinidad and Tobago was 141,998,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 170,284,000,000 in 2015 and a minimum value of 25,155,240,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 25,155,240,000
1961 28,686,300,000
1962 29,473,010,000
1963 31,124,850,000
1964 33,499,830,000
1965 33,732,270,000
1966 35,100,730,000
1967 35,817,670,000
1968 37,685,610,000
1969 38,714,680,000
1970 40,082,720,000
1971 40,499,720,000
1972 42,840,740,000
1973 43,550,360,000
1974 45,208,590,000
1975 45,876,750,000
1976 48,815,230,000
1977 53,268,050,000
1978 58,603,630,000
1979 60,712,990,000
1980 67,021,570,000
1981 70,089,290,000
1982 72,752,190,000
1983 65,258,480,000
1984 61,505,530,000
1985 58,971,860,000
1986 57,038,070,000
1987 54,436,120,000
1988 52,302,380,000
1989 51,868,310,000
1990 52,651,090,000
1991 54,289,810,000
1992 59,769,270,000
1993 59,369,350,000
1994 61,487,150,000
1995 63,829,760,000
1996 68,383,680,000
1997 73,528,090,000
1998 79,501,930,000
1999 85,881,810,000
2000 91,808,820,000
2001 95,635,890,000
2002 103,226,000,000
2003 118,133,000,000
2004 127,525,000,000
2005 135,443,000,000
2006 153,332,000,000
2007 160,622,000,000
2008 166,070,000,000
2009 158,776,000,000
2010 164,053,000,000
2011 163,570,000,000
2012 165,647,000,000
2013 169,340,000,000
2014 167,794,000,000
2015 170,284,000,000
2016 160,745,000,000
2017 155,943,000,000
2018 156,046,000,000
2019 154,101,000,000
2020 141,998,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Trinidad and Tobago was 35,020,440,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 41,271,910,000 in 2011 and 8,615,418,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,615,418,000
1991 9,183,987,000
1992 10,341,340,000
1993 10,515,630,000
1994 11,123,310,000
1995 11,789,230,000
1996 12,861,580,000
1997 14,076,430,000
1998 15,391,380,000
1999 16,866,570,000
2000 18,433,660,000
2001 19,623,250,000
2002 21,515,720,000
2003 25,080,080,000
2004 27,802,840,000
2005 30,448,920,000
2006 35,513,780,000
2007 38,201,540,000
2008 40,265,510,000
2009 38,790,640,000
2010 40,546,770,000
2011 41,271,910,000
2012 40,429,580,000
2013 40,692,080,000
2014 40,459,460,000
2015 37,543,300,000
2016 36,353,530,000
2017 36,459,760,000
2018 37,359,810,000
2019 37,552,770,000
2020 35,020,440,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Trinidad and Tobago was 33,199,390,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 39,812,710,000 in 2015 and 12,309,920,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 12,309,920,000
1991 12,693,060,000
1992 13,974,170,000
1993 13,880,660,000
1994 14,375,810,000
1995 14,923,520,000
1996 15,988,230,000
1997 17,191,000,000
1998 18,587,700,000
1999 20,079,330,000
2000 21,465,070,000
2001 22,359,850,000
2002 24,134,490,000
2003 27,619,740,000
2004 29,815,530,000
2005 31,666,760,000
2006 35,849,320,000
2007 37,553,670,000
2008 38,827,390,000
2009 37,122,200,000
2010 38,355,850,000
2011 38,242,950,000
2012 38,728,620,000
2013 39,591,910,000
2014 39,230,620,000
2015 39,812,710,000
2016 37,582,480,000
2017 36,459,760,000
2018 36,483,840,000
2019 36,029,100,000
2020 33,199,390,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts