Economy of Trinidad and Tobago

This book about the economy of Trinidad and Tobago from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of Trinidad and Tobago was equal to $24.5 billion per year; the value of agriculture was $216.2 million; the value of industry was $9.7 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy.

Productivity. In the 2010s, the GDP per capita was $17 955.6, the value of agriculture per capita was $158.5, the value of industry per capita was $7 087.6. Since the productivity is between the average and the average of above average, the economy is classified as developed.

Growth. In the 2010s, the growth of gross domestic product was -0.30%; the growth of agriculture was -1.4%; the growth of industry was -2.0%.

Structure. In the 2010s, the economy of Trinidad and Tobago consisted of: industry (40.1%), services (24.6%), trade (22.7%), transportation (5.9%), construction (5.8%), and agriculture (0.90%).

Exports and imports. In the 2010s, the exports were 36.9% higher than the imports, the net exports were equal to 14.9% of the GDP. The technological structure of exports are not better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

Dettagli