Economy in Trinidad and Tobago

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Trinidad and Tobago

Official symbols in Trinidad and Tobago:

         
Flag Trinidad and TobagoCoat of arms Trinidad and Tobago


Economy in Trinidad and Tobago


The continent: America
  
Iso2:TT
  
Iso3:TTO

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Trinidad and Tobago


GDP, PPP

45 302 518 908 current international $[?] (2015)
(descending): 107 in the world of 194 (45,36%); 21 place in America 40 (50%)
10,21 % (2,04 % annual) ↘
min: 9 678 766 338; max: 45 302 518 908; max-min: 35 623 752 570 (78,64%); mid: 27 490 642 623;
17 811 876 285 (39,32%)

GDP

23 559 287 484 current US$[?] (2015)
(descending): 103 in the world of 199 (48,74%); 21 place in America 38 (47,37%)
5,95 % (1,19 % annual) ↘
min: 535 670 128; max: 27 870 257 894; max-min: 27 334 587 766 (98,08%); mid: 14 202 964 011;
9 356 323 473 (39,71%)

GDP per capita, PPP

33 309 current international $[?] (2015)
(descending): 42 in the world of 194 (78,87%); 8 place in America 40 (82,50%)
8,05 % (1,61 % annual) ↘
min: 7 921; max: 33 309; max-min: 25 387 (76,22%); mid: 20 615;
12 694 (38,11%)

Reserves in Trinidad and Tobago


Total reserves

10 380 916 573 current US$[?] (2015)
(descending): 69 in the world of 184 (63,04%); 12 place in America 36 (69,44%)
6,63 % (1,33 % annual) ↘
min: 23 300 000; max: 11 971 240 517; max-min: 11 947 940 517 (99,81%); mid: 5 997 270 259;
4 383 646 315 (42,23%)

Total reserves minus gold

10 315 134 033 current US$[?] (2015)
(descending): 67 in the world of 184 (64,13%); 11 place in America 36 (72,22%)
6,88 % (1,38 % annual) ↘
min: 23 300 000; max: 11 896 700 069; max-min: 11 873 400 069 (99,80%); mid: 5 960 000 035;
4 355 133 999 (42,22%)

Gross savings

24,82 % of GDP[?] (2011)
(2010) (descending): 33 in the world of 170 (81,18%); 3 place in America 34 (94,12%)
112,29 % (22,46 % annual) ↗
min: 10,92; max: 55,25; max-min: 44,34 (80,25%); mid: 33,08;
-8,27 (-33,30%)

GDP - composition in Trinidad and Tobago


Household consumption

59,50 %[?] (2015)
(descending): 124 in the world of 198 (37,88%); 36 place in America 44 (20,45%)

Government consumption

17,50 %[?] (2015)
(descending): 90 in the world of 197 (54,82%); 17 place in America 43 (62,79%)

Investment in fixed capital

11,60 %[?] (2015)
(descending): 180 in the world of 194 (7,73%); 40 place in America 43 (9,30%)

investment in inventories

0,600 %[?] (2015)
(descending): 66 in the world of 166 (60,84%); 12 place in America 37 (70,27%)

exports of goods and services

47,90 %[?] (2015)
(descending): 50 in the world of 196 (75%); 6 place in America 43 (88,37%)

imports of goods and services

-37,10 %[?] (2015)
(descending): 78 in the world of 195 (60,51%); 20 place in America 43 (55,81%)

GDP - composition by sector of origin in Trinidad and Tobago


agriculture

0,500 %[?] (2015)
(descending): 208 in the world of 219 (5,48%); 44 place in America 49 (12,24%)

industry

13,90 %[?] (2015)
(descending): 187 in the world of 221 (15,84%); 41 place in America 48 (16,67%)

services

85,60 %[?] (2015)
(descending): 17 in the world of 223 (92,83%); 5 place in America 48 (91,67%)

GDP growth in Trinidad and Tobago


GDP growth rate

-0,579 annual %[?] (2015)
(descending): 178 in the world of 193 (8,29%); 33 place in America 37 (13,51%)
674,45 % (134,89 % annual) ↘
min: -10,31; max: 14,44; max-min: 24,75 (171,42%); mid: 2,06;
-2,64 (456,77%)

GDP per capita growth

-0,988 annual %[?] (2015)
(descending): 165 in the world of 193 (15,03%); 30 place in America 37 (21,62%)
385,34 % (77,07 % annual) ↘
min: -11,74; max: 13,89; max-min: 25,62 (184,51%); mid: 1,08;
-2,06 (208,86%)

Costs in Trinidad and Tobago


Expense

30,14 % of GDP[?] (2012)
(ascending): 115 in the world of 140 (18,57%); 24 place in America 24 (4,17%)
1,86 % (0,372 % annual) ↗
min: 22,10; max: 33,01; max-min: 10,91 (33,06%); mid: 27,56;
2,58 (8,56%)

Final consumption expenditure, etc.

88,57 % of GDP[?] (2015)
(ascending): 122 in the world of 177 (31,64%); 24 place in America 36 (36,11%)
28,84 % (5,77 % annual) ↘
min: 39,98; max: 88,57; max-min: 48,59 (54,86%); mid: 64,27;
24,30 (27,43%)

Foreign direct investment, net outflows

4,05 % of GDP[?] (2015)
(ascending): 150 in the world of 165 (9,70%); 30 place in America 32 (9,38%)
10,74 % (2,15 % annual) ↘
min: -0,314; max: 7,80; max-min: 8,11 (104,02%); mid: 3,74;
0,311 (7,67%)

Government expenditure on education, total

3,14 % of GDP[?] (2003)
(2005) (ascending): 19 in the world of 177 (89,83%); 3 place in America 36 (94,44%)
12,15 % (2,43 % annual) ↘
min: 2,44; max: 5,87; max-min: 3,44 (58,48%); mid: 4,16;
-1,02 (-32,52%)

Research and development expenditure

0,078 % of GDP[?] (2014)
(ascending): 13 in the world of 110 (89,09%); 4 place in America 18 (83,33%)
35,71 % (7,14 % annual) ↘
min: 0,031; max: 0,129; max-min: 0,099 (76,25%); mid: 0,080;
-0,0018650 (-2,39%)

Military expenditure

1,08 % of GDP[?] (2015)
(ascending): 46 in the world of 155 (70,97%); 10 place in America 23 (60,87%)
40,18 % (8,04 % annual) ↘
min: 0,158; max: 1,08; max-min: 0,921 (85,36%); mid: 0,619;
0,461 (42,68%)

Health expenditure

5,93 % of GDP[?] (2014)
(ascending): 84 in the world of 190 (56,32%); 13 place in America 35 (65,71%)
10,92 % (2,18 % annual) ↘
min: 4,17; max: 6,47; max-min: 2,30 (35,60%); mid: 5,32;
0,614 (10,35%)

Income in Trinidad and Tobago


Tax revenue

26,37 % of GDP[?] (2012)
(descending): 11 in the world of 142 (92,96%); 1 place in America 24 (100%)
0,489 % (0,098 % annual) ↘
min: 20,46; max: 35,65; max-min: 15,20 (42,62%); mid: 28,05;
-1,68 (-6,37%)

Trade

84,22 % of GDP[?] (2015)
(descending): 89 in the world of 187 (52,94%); 15 place in America 38 (63,16%)
1,83 % (0,367 % annual) ↗
min: 60,82; max: 134,28; max-min: 73,46 (54,71%); mid: 97,55;
-13,33 (-15,83%)

Trade in services

43,65 % of GDP[?] (2011)
(2010) (descending): 172 in the world of 183 (6,56%); 32 place in America 36 (13,89%)
79,34 % (15,87 % annual) ↘
min: 4,53; max: 43,65; max-min: 39,12 (89,62%); mid: 24,09;
19,56 (44,81%)

Merchandise trade

58,49 % of GDP[?] (2015)
(descending): 89 in the world of 188 (53,19%); 9 place in America 36 (77,78%)
34,73 % (6,95 % annual) ↗
min: 49,78; max: 190,11; max-min: 140,32 (73,81%); mid: 119,94;
-61,45 (-105,07%)

Foreign direct investment, net inflows

6,87 % of GDP[?] (2015)
(descending): 42 in the world of 188 (78,19%); 8 place in America 35 (80%)
63,91 % (12,78 % annual) ↘
min: -0,303; max: 17,42; max-min: 17,72 (101,74%); mid: 8,56;
-1,69 (-24,55%)

Natural resources rents

7,49 % of GDP[?] (2015)
(descending): 53 in the world of 177 (70,62%); 6 place in America 33 (84,85%)
66,30 % (13,26 % annual) ↗
min: 0,096; max: 28,83; max-min: 28,74 (99,67%); mid: 14,46;
-6,97 (-93,05%)

Public debt

51,20 % GDP[?] (2015)
(ascending): 95 in the world of 178 (47,19%); 20 place in America 40 (52,50%)