Manufacturing, value added in Trinidad and Tobago
Trinidad and Tobago: Manufacturing, value added was 24.88 billion current LCU in 2024. ▼ Falling
Manufacturing, value added in Trinidad and Tobago, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Trinidad and Tobago stood at 24.88 billion current LCU.
Compared with earlier readings it is up 4.7% on the previous year and down 8.9% over ten years.
Over the whole period, manufacturing, value added in Trinidad and Tobago peaked at 33.57 billion current LCU in 2022 and was at its lowest, 21.29 billion current LCU, in 2020.
Trinidad and Tobago ranks 126th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.46 billion current LCU | 23.23 billion current LCU | 30.46 billion current LCU | 8 |
| 2020s | 26.35 billion current LCU | 21.29 billion current LCU | 33.57 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 manufacturing, value added in Trinidad and Tobago?
- Manufacturing, value added in Trinidad and Tobago was 24.88 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Trinidad and Tobago?
- The highest recorded value was 33.57 billion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in Trinidad and Tobago?
- The lowest recorded value was 21.29 billion current LCU in 2020.
- How does Trinidad and Tobago rank for manufacturing, value added?
- Trinidad and Tobago ranks 126th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.