Services, value added per worker in Trinidad and Tobago
Trinidad and Tobago: Services, value added per worker was 31,145 constant 2015 US$ in 2024. ▲ Rising
Services, value added per worker in Trinidad and Tobago, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Trinidad and Tobago recorded 31,145 constant 2015 US$ for services, value added per worker in 2024.
The figure is up 1.1% on the previous year and down 12.2% over ten years.
Over the whole period, services, value added per worker in Trinidad and Tobago peaked at 35,457 constant 2015 US$ in 2014 and was at its lowest, 18,406 constant 2015 US$, in 1995.
Trinidad and Tobago ranks 53rd of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21,630 constant 2015 US$ | 18,406 constant 2015 US$ | 24,882 constant 2015 US$ | 9 |
| 2000s | 24,752 constant 2015 US$ | 22,062 constant 2015 US$ | 29,067 constant 2015 US$ | 10 |
| 2010s | 31,618 constant 2015 US$ | 27,442 constant 2015 US$ | 35,457 constant 2015 US$ | 10 |
| 2020s | 30,484 constant 2015 US$ | 29,991 constant 2015 US$ | 31,145 constant 2015 US$ | 5 |
Countries ranked near Trinidad and Tobago
More economy & growth data for Trinidad and Tobago
- Gross fixed capital formation 32.09 billion current LCU (2023)
- 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 4.75 billion current US$ (2023)
- Changes in inventories 0 current US$ (2008)
- Services, value added 102.40 billion current LCU (2024)
- Changes in inventories 0 current LCU (2008)
- Total reserves minus gold 5.44 billion current US$ (2024)
- Gross fixed capital formation 19.0% (2023)
Frequently asked questions
- What is services, value added per worker in Trinidad and Tobago?
- Services, value added per worker in Trinidad and Tobago was 31,145 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Trinidad and Tobago?
- The highest recorded value was 35,457 constant 2015 US$ in 2014.
- What is the lowest services, value added per worker recorded in Trinidad and Tobago?
- The lowest recorded value was 18,406 constant 2015 US$ in 1995.
- How does Trinidad and Tobago rank for services, value added per worker?
- Trinidad and Tobago ranks 53rd out of 176 countries with data for 2024.
- Is services, value added per worker rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.