Trinidad and Tobago vs Vanuatu: Services, value added
Services, value added over time
- Trinidad and Tobago
- Vanuatu
How they compare
Trinidad and Tobago currently reports 102.40 billion current LCU against 87.80 billion current LCU in Vanuatu, a difference of 14.60 billion current LCU.
That makes Trinidad and Tobago's figure about 1.2 times Vanuatu's.
Across all 23 years both countries report, Trinidad and Tobago has been ahead every year.
Globally, Trinidad and Tobago ranks 133rd and Vanuatu ranks 135th of 205 countries.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.