GDP Growth Rate
Year -
1.65%
In 2024, Trinidad and Tobago experienced a significant an increase in its GDP growth rate, which rise to 1.65% from 1.43% in 2023. Additionally, the GDP per capita growth rate in Trinidad and Tobago increase to 1.59% in 2024, compared to 1.3% in 2023.
In 2024, Trinidad and Tobago experienced a increase in economic performance, with the GDP growth rate rising by 0.22%. Additionally, the GDP per capita growth rate increase by 0.29%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 14.04% | 14.04% | 11.63% | 11.63% |
| 1962 | 2.74% | -11.30% | 0.75% | -10.88% |
| 1963 | 5.6% | 2.86% | 3.65% | 2.90% |
| 1964 | 7.63% | 2.03% | 5.73% | 2.08% |
| 1965 | 0.69% | -6.94% | -0.98% | -6.71% |
| 1966 | 4.06% | 3.37% | 2.46% | 3.44% |
| 1967 | 2.04% | -2.02% | 0.6% | -1.86% |
| 1968 | 5.22% | 3.18% | 3.85% | 3.25% |
| 1969 | 2.73% | -2.49% | 1.51% | -2.34% |
| 1970 | 3.53% | 0.80% | 2.41% | 0.90% |
| 1971 | 1.04% | -2.49% | -0.08% | -2.49% |
| 1972 | 5.78% | 4.74% | 4.49% | 4.57% |
| 1973 | 1.66% | -4.12% | 0.38% | -4.11% |
| 1974 | 3.81% | 2.15% | 2.52% | 2.14% |
| 1975 | 1.48% | -2.33% | 0.25% | -2.27% |
| 1976 | 6.41% | 4.93% | 5.12% | 4.87% |
| 1977 | 9.12% | 2.71% | 7.78% | 2.66% |
| 1978 | 10.02% | 0.90% | 8.63% | 0.85% |
| 1979 | 3.6% | -6.42% | 2.27% | -6.36% |
| 1980 | 10.39% | 6.79% | 9% | 6.73% |
| 1981 | 4.58% | -5.81% | 3.34% | -5.66% |
| 1982 | 3.8% | -0.78% | 2.64% | -0.70% |
| 1983 | -10.3% | -14.10% | -11.27% | -13.91% |
| 1984 | -5.75% | 4.55% | -6.75% | 4.52% |
| 1985 | -4.12% | 1.63% | -5.28% | 1.47% |
| 1986 | -3.28% | 0.84% | -4.55% | 0.73% |
| 1987 | -4.56% | -1.28% | -5.68% | -1.13% |
| 1988 | -3.92% | 0.64% | -4.91% | 0.77% |
| 1989 | -0.83% | 3.09% | -1.75% | 3.16% |
| 1990 | 1.51% | 2.34% | 0.65% | 2.40% |
| 1991 | 3.11% | 1.60% | 2.3% | 1.65% |
| 1992 | 10.09% | 6.98% | 9.27% | 6.97% |
| 1993 | -0.67% | -10.76% | -1.35% | -10.62% |
| 1994 | 3.57% | 4.24% | 2.93% | 4.28% |
| 1995 | 3.81% | 0.24% | 3.26% | 0.33% |
| 1996 | 7.13% | 3.32% | 6.66% | 3.40% |
| 1997 | 7.52% | 0.39% | 7.12% | 0.46% |
| 1998 | 8.12% | 0.60% | 7.76% | 0.64% |
| 1999 | 8.02% | -0.10% | 7.66% | -0.10% |
| 2000 | 6.9% | -1.12% | 6.49% | -1.17% |
| 2001 | 4.17% | -2.73% | 3.71% | -2.78% |
| 2002 | 7.94% | 3.77% | 7.41% | 3.70% |
| 2003 | 14.44% | 6.50% | 13.87% | 6.46% |
| 2004 | 7.95% | -6.49% | 7.41% | -6.46% |
| 2005 | 6.21% | -1.74% | 10.38% | 2.97% |
| 2006 | 13.21% | 7.00% | 12.91% | 2.53% |
| 2007 | 4.75% | -8.46% | 4.33% | -8.58% |
| 2008 | 3.39% | -1.36% | 2.97% | -1.36% |
| 2009 | -4.39% | -7.78% | -4.5% | -7.47% |
| 2010 | 3.32% | 7.71% | 2.73% | 7.23% |
| 2011 | -0.29% | -3.61% | -1.07% | -3.80% |
| 2012 | 6.71% | 7.00% | 6.14% | 7.21% |
| 2013 | 3.34% | -3.37% | 2.93% | -3.21% |
| 2014 | 3.7% | 0.36% | 3.33% | 0.40% |
| 2015 | -0.56% | -4.26% | -0.88% | -4.21% |
| 2016 | -7.4% | -6.84% | -7.69% | -6.81% |
| 2017 | -4.82% | 2.58% | -5.01% | 2.68% |
| 2018 | -0.99% | 3.83% | -1.17% | 3.84% |
| 2019 | 0.47% | 1.46% | 0.12% | 1.29% |
| 2020 | -8.9% | -9.37% | -9.09% | -9.21% |
| 2021 | -0.91% | 7.99% | -0.97% | 8.12% |
| 2022 | 1.08% | 1.99% | 1.21% | 2.18% |
| 2023 | 1.43% | 0.35% | 1.3% | 0.09% |
| 2024 | 1.65% | 0.22% | 1.59% | 0.29% |