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Trinidad & Tobago GDP

Trinidad & Tobago's GDP rose to $26.43 billion in 2024, up from $25.49 billion in 2023, according to World Bank. This represents an increase of 3.7% ($939.59 million) from the previous year and accounts for 0.02% of the world's total GDP. Trinidad & Tobago has GDP lower than the global median ($26.43 billion vs median $35.85 billion). Compared with the median in Americas, Trinidad & Tobago is higher ($26.43 billion vs regional median $25.03 billion) and ranks 21st out of 44 countries in Americas.

Trinidad & Tobago's GDP per capita rose to $16,179.46 in 2024, up from $15,926.32 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 26.43
2023 25.49
2022 28.51
2021 24.18
2020 20.99
2019 23.59
2018 23.89
2017 23.85
2016 23.62
2015 26.84
2014 29.47
2013 28.56
2012 27.15
2011 25.43
2010 22.16
2009 19.17
2008 27.87
2007 21.64
2006 18.37
2005 15.98
2004 13.28
2003 11.31
2002 9.01
2001 8.82
2000 8.15
1999 6.81
1998 6.04
1997 5.74
1996 5.76
1995 5.33
1994 4.95
1993 4.67
1992 5.44
1991 5.31
1990 5.07
1989 4.32
1988 4.5
1987 4.8
1986 4.79
1985 7.38
1984 7.76
1983 7.76
1982 8.14
1981 6.99
1980 6.24
1979 4.6
1978 3.56
1977 3.14
1976 2.5
1975 2.44
1974 2.04
1973 1.31
1972 1.08
1971 0.9
1970 0.82
1969 0.78
1968 0.76
1967 0.76
1966 0.72
1965 0.74
1964 0.71
1963 0.68
1962 0.62
1961 0.58
1960 0.54
Trinidad & Tobago GDP : Definition
GDP measures the total value of all goods and services produced in Trinidad & Tobago, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 1.65% 1.43% 2024
GDP per Capita $16,179.46 $15,926.32 2024
GDP per Capita PPP $31,689.73 $31,193.92 2024
R&D Expenditure (% GDP) 0.05% 0.05% 2022
Real GDP $22.14B $21.78B 2024