GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago

Trinidad and Tobago: GDP deflator (base year varies by country), annual growth rate was 1.98 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.98 % change on previous year
Change on year
up 116.7%
World rank
165th
of 211 countries
All-time high
57.51 % change on previous year
in 1974
All-time low
-27.63 % change on previous year
in 2009
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago, 1971–2024

-200204060197119972024

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

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Trinidad and Tobago is 1.98 % change on previous year, measured in 2024.

That represents a change of up 116.7% on the previous year and up 299.1% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Trinidad and Tobago peaked at 57.51 % change on previous year in 1974 and was at its lowest, -27.63 % change on previous year, in 2009.

That places Trinidad and Tobago 165th out of 211 countries with data for 2024, putting it in the bottom quarter.

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

GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago, 1971 to 2024.
Year % change on previous year Change
1971 6.64 % change on previous year
1972 11.11 % change on previous year +67.4%
1973 21.18 % change on previous year +90.7%
1974 57.51 % change on previous year +171.5%
1975 24.57 % change on previous year -57.3%
1976 8 % change on previous year -67.5%
1977 13.34 % change on previous year +66.9%
1978 3.17 % change on previous year -76.3%
1979 24.71 % change on previous year +680.6%
1980 22.74 % change on previous year -8.0%
1981 7.22 % change on previous year -68.2%
1982 12.16 % change on previous year +68.5%
1983 6.32 % change on previous year -48.0%
1984 6.01 % change on previous year -5.0%
1985 1.24 % change on previous year -79.4%
1986 -1.25 % change on previous year -201.0%
1987 4.85 % change on previous year -488.3%
1988 4.16 % change on previous year -14.3%
1989 7.18 % change on previous year +72.8%
1990 15.49 % change on previous year +115.6%
1991 1.57 % change on previous year -89.8%
1992 -6.91 % change on previous year -539.7%
1993 8.81 % change on previous year -227.4%
1994 13.27 % change on previous year +50.6%
1995 4.17 % change on previous year -68.6%
1996 1.85 % change on previous year -55.6%
1997 -3.54 % change on previous year -291.6%
1998 -1.86 % change on previous year -47.6%
1999 4.3 % change on previous year -331.8%
2000 12.04 % change on previous year +179.9%
2001 2.79 % change on previous year -76.8%
2002 -5.19 % change on previous year -285.9%
2003 10.48 % change on previous year -301.8%
2004 8.88 % change on previous year -15.2%
2005 13.32 % change on previous year +49.9%
2006 1.73 % change on previous year -87.0%
2007 12.75 % change on previous year +637.4%
2008 23.79 % change on previous year +86.6%
2009 -27.63 % change on previous year -216.1%
2010 12.73 % change on previous year -146.1%
2011 15.73 % change on previous year +23.5%
2012 0.3459 % change on previous year -97.8%
2013 2.01 % change on previous year +480.2%
2014 -0.997 % change on previous year -149.7%
2015 -8.87 % change on previous year +789.5%
2016 -0.6025 % change on previous year -93.2%
2017 7.81 % change on previous year -1397.0%
2018 1.04 % change on previous year -86.7%
2019 -1.96 % change on previous year -288.9%
2020 -2.36 % change on previous year +20.3%
2021 16.37 % change on previous year -793.8%
2022 16.58 % change on previous year +1.3%
2023 -11.9 % change on previous year -171.8%
2024 1.98 % change on previous year -116.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.91 % change on previous year 3.17 % change on previous year 57.51 % change on previous year 9
1980s 7.06 % change on previous year -1.25 % change on previous year 22.74 % change on previous year 10
1990s 3.71 % change on previous year -6.91 % change on previous year 15.49 % change on previous year 10
2000s 5.3 % change on previous year -27.63 % change on previous year 23.79 % change on previous year 10
2010s 2.72 % change on previous year -8.87 % change on previous year 15.73 % change on previous year 10
2020s 4.13 % change on previous year -11.9 % change on previous year 16.58 % change on previous year 5

Countries ranked near Trinidad and Tobago

  1. 162 France 2.31 % change on previous year compare
  2. 163 Italy 2.11 % change on previous year compare
  3. 164 Kiribati 2.02 % change on previous year compare
  4. 166 Belgium 1.94 % change on previous year compare
  5. 167 Jordan 1.9 % change on previous year compare
  6. 168 Greenland 1.86 % change on previous year compare

See the full ranking of 211 places →

More population data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Trinidad and Tobago?
Gdp deflator (base year varies by country), annual growth rate in Trinidad and Tobago was 1.98 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Trinidad and Tobago?
The highest recorded value was 57.51 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Trinidad and Tobago?
The lowest recorded value was -27.63 % change on previous year in 2009.
How does Trinidad and Tobago rank for gdp deflator (base year varies by country), annual growth rate?
Trinidad and Tobago ranks 165th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Trinidad and Tobago?
Over the last ten years it is up 299.1%. 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 GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/trinidad-and-tobago/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/trinidad-and-tobago/">GDP deflator (base year varies by country), annual growth rate in Trinidad and Tobago</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). 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
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.