Services value added — all countries

Services value added — Trinidad and Tobago

Services value added in Trinidad and Tobago in 2024 — 15,170,385,236 US$. Ranked 108 in the world out of 188. Since 1966, the indicator has risen by 3,689.4%.

2024 15.17B US$ +0.43% vs 2023
World rank 108of 188
Period maximum 15.7B US$2015
Period minimum 391M US$1968

Trend over time

1966–2024 · US$

Services value added — Trinidad and Tobago, 1966–202405B10B15B20B196619721978198419901996200220082014202020241966: 400,340,666 US$1967: 407,399,118 US$1968: 390,500,000 US$1969: 419,700,000 US$1970: 450,250,000 US$1971: 492,638,525 US$1972: 582,215,720 US$1973: 663,682,147 US$1974: 808,481,851 US$1975: 978,800,792 US$1976: 1,013,102,136 US$1977: 1,327,666,667 US$1978: 1,612,750,000 US$1979: 2,035,500,000 US$1980: 2,658,958,333 US$1981: 3,230,958,333 US$1982: 4,461,000,000 US$1983: 4,312,416,667 US$1984: 4,226,833,333 US$1985: 4,122,244,898 US$1986: 2,880,388,889 US$1987: 2,750,472,222 US$1988: 2,571,811,382 US$1989: 2,341,058,824 US$1990: 2,447,364,706 US$1991: 2,709,341,176 US$1992: 2,997,952,941 US$1993: 2,545,478,058 US$1994: 2,475,725,869 US$1995: 2,722,050,319 US$1996: 2,952,423,837 US$1997: 3,120,810,125 US$1998: 3,474,012,386 US$1999: 3,868,246,837 US$2000: 4,197,373,344 US$2001: 4,711,820,558 US$2002: 4,982,713,957 US$2003: 5,396,816,572 US$2004: 5,934,711,459 US$2005: 6,352,826,659 US$2006: 6,987,658,819 US$2007: 8,547,596,473 US$2008: 9,804,026,013 US$2009: 8,920,153,654 US$2010: 10,084,184,664 US$2011: 10,932,674,250 US$2012: 13,250,488,203 US$2013: 14,475,104,480 US$2014: 15,499,825,217 US$2015: 15,701,361,894 US$2016: 14,287,128,501 US$2017: 14,114,252,872 US$2018: 13,659,731,424 US$2019: 14,154,113,415 US$2020: 13,101,006,806 US$2021: 13,290,348,389 US$2022: 14,482,031,791 US$2023: 15,105,607,412 US$2024: 15,170,385,236 US$
Change over the period: +14.77B (+3,689.37%) Average annual rate: 6.47 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Trinidad and Tobago

Trinidad and Tobago 15.17B US$
World 70.69T US$
High-income countries computed 25.79T US$
Services value added — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year US$ Change Change, %
2024 15.17B +64.78M +0.43%
2023 15.11B +624M +4.31%
2022 14.48B +1.19B +8.97%
2021 13.29B +189M +1.45%
2020 13.1B −1.05B −7.44%
2019 14.15B +494M +3.62%
2018 13.66B −455M −3.22%
2017 14.11B −173M −1.21%
2016 14.29B −1.41B −9.01%
2015 15.7B +202M +1.3%
2014 15.5B +1.02B +7.08%
2013 14.48B +1.22B +9.24%
2012 13.25B +2.32B +21.2%
2011 10.93B +848M +8.41%
2010 10.08B +1.16B +13.05%
2009 8.92B −884M −9.02%
2008 9.8B +1.26B +14.7%
2007 8.55B +1.56B +22.32%
2006 6.99B +635M +9.99%
2005 6.35B +418M +7.05%
2004 5.93B +538M +9.97%
2003 5.4B +414M +8.31%
2002 4.98B +271M +5.75%
2001 4.71B +514M +12.26%
2000 4.2B +329M +8.51%
1999 3.87B +394M +11.35%
1998 3.47B +353M +11.32%
1997 3.12B +168M +5.7%
1996 2.95B +230M +8.46%
1995 2.72B +246M +9.95%
1994 2.48B −69.75M −2.74%
1993 2.55B −452M −15.09%
1992 3B +289M +10.65%
1991 2.71B +262M +10.7%
1990 2.45B +106M +4.54%
1989 2.34B −231M −8.97%
1988 2.57B −179M −6.5%
1987 2.75B −130M −4.51%
1986 2.88B −1.24B −30.13%
1985 4.12B −105M −2.47%
1984 4.23B −85.58M −1.98%
1983 4.31B −149M −3.33%
1982 4.46B +1.23B +38.07%
1981 3.23B +572M +21.51%
1980 2.66B +623M +30.63%
1979 2.04B +423M +26.21%
1978 1.61B +285M +21.47%
1977 1.33B +315M +31.05%
1976 1.01B +34.3M +3.5%
1975 979M +170M +21.07%
1974 808M +145M +21.82%
1973 664M +81.47M +13.99%
1972 582M +89.58M +18.18%
1971 493M +42.39M +9.41%
1970 450M +30.55M +7.28%
1969 420M +29.2M +7.48%
1968 391M −16.9M −4.15%
1967 407M +7.06M +1.76%
1966 400M

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.