Trinidad and Tobago GDP Annual Growth Rate 1991-2015 | Data | Chart

The Gross Domestic Product (GDP) in Trinidad and Tobago expanded 0.10 percent in the fourth quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Trinidad and Tobago averaged 3.73 percent from 1991 until 2014, reaching an all time high of 20.60 percent in the second quarter of 2003 and a record low of -6.20 percent in the third quarter of 2009. GDP Annual Growth Rate in Trinidad and Tobago is reported by the Central Bank of Trinidad and Tobago.

  
Trinidad and Tobago GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.10 2.10 20.60 -6.20 1991 - 2014 percent Quarterly
Trinidad and Tobago is one of the richest countries in the Caribbean. The most important sector of the economy is oil and gas production which accounts for around 40 percent of GDP, but employs only 5 percent of the labour force. Trinidad and Tobago is also a major producer of ammonia and methanol. In recent years, services like finance and tourism have been rapidly expanding as the government is trying to diversify the economy. Yet, corruption, poor infrastructure and drug related crime are the major obstacles to growth in the private sector and tourism. This page provides - Trinidad and Tobago GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Trinidad and Tobago GDP Annual Growth Rate - was last refreshed on Monday, August 3, 2015.


Trinidad and Tobago GDP Last Previous Highest Lowest Unit
GDP 24.64 23.22 27.87 0.54 USD Billion [+]
GDP Annual Growth Rate 0.10 2.10 20.60 -6.20 percent [+]
GDP per capita 14275.37 14089.55 14956.24 4423.23 USD [+]
GDP per capita PPP 29469.35 29085.75 30874.91 13158.01 USD [+]
Gdp Growth Rate 0.30 1.30 7.30 -4.60 percent [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.30 Jun/15 2.40 13.40 -4.10 percent [+]