GDP (constant LCU), annual growth rate in Trinidad and Tobago
Trinidad and Tobago: GDP (constant LCU), annual growth rate was 1.65 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Trinidad and Tobago, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Trinidad and Tobago is 1.65 % change on previous year, measured in 2024.
Compared with earlier readings it is up 15.7% on the previous year and down 55.3% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Trinidad and Tobago peaked at 14.44 % change on previous year in 2003 and was at its lowest, -10.3 % change on previous year, in 1983.
That places Trinidad and Tobago 156th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.04 % change on previous year | — |
| 1972 | 5.78 % change on previous year | +455.6% |
| 1973 | 1.66 % change on previous year | -71.3% |
| 1974 | 3.81 % change on previous year | +129.8% |
| 1975 | 1.48 % change on previous year | -61.2% |
| 1976 | 6.4 % change on previous year | +333.3% |
| 1977 | 9.12 % change on previous year | +42.4% |
| 1978 | 10.02 % change on previous year | +9.8% |
| 1979 | 3.6 % change on previous year | -64.1% |
| 1980 | 10.39 % change on previous year | +188.7% |
| 1981 | 4.58 % change on previous year | -56.0% |
| 1982 | 3.8 % change on previous year | -17.0% |
| 1983 | -10.3 % change on previous year | -371.1% |
| 1984 | -5.75 % change on previous year | -44.2% |
| 1985 | -4.12 % change on previous year | -28.4% |
| 1986 | -3.28 % change on previous year | -20.4% |
| 1987 | -4.56 % change on previous year | +39.1% |
| 1988 | -3.92 % change on previous year | -14.1% |
| 1989 | -0.83 % change on previous year | -78.8% |
| 1990 | 1.51 % change on previous year | -281.8% |
| 1991 | 3.11 % change on previous year | +106.2% |
| 1992 | 10.09 % change on previous year | +224.3% |
| 1993 | -0.6692 % change on previous year | -106.6% |
| 1994 | 3.57 % change on previous year | -633.0% |
| 1995 | 3.81 % change on previous year | +6.8% |
| 1996 | 7.13 % change on previous year | +87.3% |
| 1997 | 7.52 % change on previous year | +5.4% |
| 1998 | 8.12 % change on previous year | +8.0% |
| 1999 | 8.02 % change on previous year | -1.2% |
| 2000 | 6.9 % change on previous year | -14.0% |
| 2001 | 4.17 % change on previous year | -39.6% |
| 2002 | 7.94 % change on previous year | +90.4% |
| 2003 | 14.44 % change on previous year | +82.0% |
| 2004 | 7.95 % change on previous year | -44.9% |
| 2005 | 6.21 % change on previous year | -21.9% |
| 2006 | 13.21 % change on previous year | +112.7% |
| 2007 | 4.75 % change on previous year | -64.0% |
| 2008 | 3.39 % change on previous year | -28.7% |
| 2009 | -4.39 % change on previous year | -229.5% |
| 2010 | 3.32 % change on previous year | -175.7% |
| 2011 | -0.2944 % change on previous year | -108.9% |
| 2012 | 6.71 % change on previous year | -2379.2% |
| 2013 | 3.34 % change on previous year | -50.2% |
| 2014 | 3.7 % change on previous year | +10.5% |
| 2015 | -0.5646 % change on previous year | -115.3% |
| 2016 | -7.4 % change on previous year | +1211.4% |
| 2017 | -4.82 % change on previous year | -34.9% |
| 2018 | -0.9852 % change on previous year | -79.6% |
| 2019 | 0.4713 % change on previous year | -147.8% |
| 2020 | -8.9 % change on previous year | -1988.9% |
| 2021 | -0.9121 % change on previous year | -89.8% |
| 2022 | 1.08 % change on previous year | -218.7% |
| 2023 | 1.43 % change on previous year | +31.8% |
| 2024 | 1.65 % change on previous year | +15.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 1.65 % change on previous year is below the median for high income countries, which is 2.27 % change on previous year, 73% of the median. (83 countries reporting)
- Trinidad and Tobago's 1.65 % change on previous year is below the median for Latin America & Caribbean, which is 3.38 % change on previous year, 49% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2012 | +2379.2% | -0.2944 % change on previous year | 6.71 % change on previous year |
| 2020 | -1988.9% | 0.4713 % change on previous year | -8.9 % change on previous year |
| 2016 | -1211.4% | -0.5646 % change on previous year | -7.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.77 % change on previous year | 1.04 % change on previous year | 10.02 % change on previous year | 9 |
| 1980s | -1.4 % change on previous year | -10.3 % change on previous year | 10.39 % change on previous year | 10 |
| 1990s | 5.22 % change on previous year | -0.6692 % change on previous year | 10.09 % change on previous year | 10 |
| 2000s | 6.46 % change on previous year | -4.39 % change on previous year | 14.44 % change on previous year | 10 |
| 2010s | 0.3478 % change on previous year | -7.4 % change on previous year | 6.71 % change on previous year | 10 |
| 2020s | -1.13 % change on previous year | -8.9 % change on previous year | 1.65 % change on previous year | 5 |
Countries ranked near Trinidad and Tobago
- 153 Colombia 1.74 % change on previous year compare
- 154 American Samoa 1.74 % change on previous year compare
- 155 Oman 1.67 % change on previous year compare
- 157 Slovenia 1.59 % change on previous year compare
- 158 Central African Republic 1.54 % change on previous year compare
- 159 Canada 1.53 % change on previous year compare
More population data for Trinidad and Tobago
- Population regions with projections, annual growth rate -0.9182 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7422 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.9182 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7401 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,485 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.0299 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.861 % change on previous year (2100)
- World population growth -0.9% (2100)
- Population density 175.12 people per km² (2100)
- Number of children under 5, by world region 34,774 people (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Trinidad and Tobago?
- Gdp (constant lcu), annual growth rate in Trinidad and Tobago was 1.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 14.44 % change on previous year in 2003.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -10.3 % change on previous year in 1983.
- How does Trinidad and Tobago rank for gdp (constant lcu), annual growth rate?
- Trinidad and Tobago ranks 156th out of 212 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 55.3%. 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 GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.