Libya vs Trinidad and Tobago: Services, value added
Services, value added over time
- Libya
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 15.17 billion current US$ against 12.94 billion current US$ in Libya, a difference of 2.23 billion current US$.
That makes Trinidad and Tobago's figure about 1.2 times Libya's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Libya ahead.
Globally, Libya ranks 117th and Trinidad and Tobago ranks 115th 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 indicator is expressed in United States dollars.