Industry (including construction), value added in Trinidad and Tobago
Trinidad and Tobago: Industry (including construction), value added was 59.94 billion current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Trinidad and Tobago, 1966–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Trinidad and Tobago recorded 59.94 billion current LCU for industry (including construction), value added in 2024.
Compared with earlier readings it is up 2.8% on the previous year and down 27.3% over ten years.
Over the whole period, industry (including construction), value added in Trinidad and Tobago peaked at 112.15 billion current LCU in 2008 and was at its lowest, 489.90 million current LCU, in 1966.
Trinidad and Tobago ranks 129th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 588.08 million current LCU | 489.90 million current LCU | 662.10 million current LCU | 4 |
| 1970s | 2.79 billion current LCU | 666.10 million current LCU | 6.37 billion current LCU | 10 |
| 1980s | 8.44 billion current LCU | 7.18 billion current LCU | 9.32 billion current LCU | 10 |
| 1990s | 13.15 billion current LCU | 9.87 billion current LCU | 17.42 billion current LCU | 10 |
| 2000s | 54.44 billion current LCU | 24.15 billion current LCU | 112.15 billion current LCU | 10 |
| 2010s | 70.70 billion current LCU | 54.22 billion current LCU | 93.00 billion current LCU | 10 |
| 2020s | 62.71 billion current LCU | 43.93 billion current LCU | 87.43 billion current LCU | 5 |
Countries ranked near Trinidad and Tobago
More economy & growth data for Trinidad and Tobago
- Gross fixed capital formation 4.75 billion current US$ (2023)
- Total reserves minus gold 5.44 billion current US$ (2024)
- Inflation, consumer prices 1.0% (2025)
- Services, value added 0.4% (2024)
- Services, value added 14.02 billion constant 2015 US$ (2024)
- Gross fixed capital formation 19.0% (2023)
- Changes in inventories 0 current LCU (2008)
- Changes in inventories 0 current US$ (2008)
- Total reserves 5.60 billion includes gold, current US$ (2024)
- Gross fixed capital formation 32.09 billion current LCU (2023)
Frequently asked questions
- What is industry (including construction), value added in Trinidad and Tobago?
- Industry (including construction), value added in Trinidad and Tobago was 59.94 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Trinidad and Tobago?
- The highest recorded value was 112.15 billion current LCU in 2008.
- What is the lowest industry (including construction), value added recorded in Trinidad and Tobago?
- The lowest recorded value was 489.90 million current LCU in 1966.
- How does Trinidad and Tobago rank for industry (including construction), value added?
- Trinidad and Tobago ranks 129th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 27.3%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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.