Gross capital formation in US dollars in Trinidad and Tobago in 2023 — 4,753,452,725 US$. Ranked 115 in the world out of 173. Since 2000, the indicator has risen by 247.3%.
2000–2023 · US$
How the value compares with the world and the groups this territory belongs to: Trinidad and Tobago
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2023 | 4.75B | −115M | −2.37% |
| 2022 | 4.87B | −42.68M | −0.87% |
| 2021 | 4.91B | +626M | +14.61% |
| 2020 | 4.29B | −639M | −12.97% |
| 2019 | 4.92B | −550M | −10.04% |
| 2018 | 5.47B | +491M | +9.85% |
| 2017 | 4.98B | +363M | +7.86% |
| 2016 | 4.62B | −2.23B | −32.53% |
| 2015 | 6.85B | +1.04B | +17.95% |
| 2014 | 5.81B | −126M | −2.12% |
| 2013 | 5.93B | +282M | +4.99% |
| 2012 | 5.65B | +81.56M | +1.46% |
| 2011 | 5.57B | +440M | +8.58% |
| 2010 | 5.13B | −897M | −14.89% |
| 2009 | 6.02B | −398M | −6.2% |
| 2008 | 6.42B | +686M | +11.96% |
| 2007 | 5.74B | +2.44B | +74.26% |
| 2006 | 3.29B | +1.48B | +81.26% |
| 2005 | 1.82B | −391M | −17.73% |
| 2004 | 2.21B | −640M | −22.47% |
| 2003 | 2.85B | +810M | +39.72% |
| 2002 | 2.04B | −319M | −13.54% |
| 2001 | 2.36B | +989M | +72.23% |
| 2000 | 1.37B | — | — |
The same indicator for neighboring countries — with links to their pages
Dominican Republic
33.5B
Puerto Rico
16.87B
Trinidad and Tobago
4.75B
Bahamas
3.49B
Haiti
2.72B
Aruba
689M
Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.
Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.