Trinidad and Tobago - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Trinidad and Tobago was $21,576,540,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between $25,914,720,000 in 2015 and $559,591,300 in 1962.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 $559,591,300
1963 $666,064,400
1964 $726,557,400
1965 $746,539,700
1966 $694,893,100
1967 $713,722,700
1968 $738,721,500
1969 $755,159,000
1970 $786,001,800
1971 $827,756,800
1972 $971,698,900
1973 $1,177,712,000
1974 $1,493,829,000
1975 $2,192,457,000
1976 $2,590,545,000
1977 $2,918,624,000
1978 $3,543,663,000
1979 $4,208,186,000
1980 $5,576,910,000
1981 $6,673,095,000
1982 $7,512,030,000
1983 $6,965,792,000
1984 $6,964,437,000
1985 $6,902,342,000
1986 $6,017,977,000
1987 $5,117,510,000
1988 $4,726,378,000
1989 $4,400,050,000
1990 $4,525,302,000
1991 $4,781,027,000
1992 $5,461,024,000
1993 $5,070,858,000
1994 $4,846,173,000
1995 $4,985,225,000
1996 $5,320,942,000
1997 $5,672,329,000
1998 $5,831,274,000
1999 $6,177,154,000
2000 $6,840,976,000
2001 $7,724,961,000
2002 $8,637,593,000
2003 $10,361,260,000
2004 $12,510,200,000
2005 $14,502,110,000
2006 $17,294,570,000
2007 $19,625,720,000
2008 $22,800,130,000
2009 $21,399,670,000
2010 $21,861,960,000
2011 $20,001,170,000
2012 $22,647,960,000
2013 $25,375,490,000
2014 $25,287,700,000
2015 $25,914,720,000
2016 $23,253,130,000
2017 $22,123,210,000
2018 $22,222,190,000
2019 $23,123,870,000
2020 $21,576,540,000

GNI (current US$)

The latest value for GNI (current US$) in Trinidad and Tobago was $21,385,500,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $26,643,590,000 in 2008 and $483,696,000 in 1960.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $483,696,000
1961 $518,287,400
1962 $553,053,700
1963 $678,236,000
1964 $711,894,100
1965 $736,568,800
1966 $655,311,200
1967 $693,343,300
1968 $690,550,000
1969 $707,550,000
1970 $756,750,000
1971 $829,814,100
1972 $1,012,596,000
1973 $1,216,823,000
1974 $1,756,721,000
1975 $2,359,250,000
1976 $2,391,822,000
1977 $2,945,292,000
1978 $3,484,458,000
1979 $4,347,792,000
1980 $5,920,875,000
1981 $6,648,667,000
1982 $7,925,708,000
1983 $7,658,708,000
1984 $7,526,458,000
1985 $7,027,837,000
1986 $4,536,444,000
1987 $4,314,778,000
1988 $4,194,881,000
1989 $3,945,412,000
1990 $4,671,223,000
1991 $4,865,836,000
1992 $4,991,459,000
1993 $4,343,667,000
1994 $4,535,150,000
1995 $4,939,154,000
1996 $5,245,522,000
1997 $5,356,558,000
1998 $5,702,412,000
1999 $6,409,082,000
2000 $7,525,838,000
2001 $8,285,573,000
2002 $8,528,474,000
2003 $10,624,560,000
2004 $12,882,970,000
2005 $15,189,280,000
2006 $17,413,160,000
2007 $20,672,820,000
2008 $26,643,590,000
2009 $18,155,070,000
2010 $21,078,450,000
2011 $22,613,160,000
2012 $23,473,200,000
2013 $25,701,690,000
2014 $25,892,700,000
2015 $24,530,660,000
2016 $22,083,870,000
2017 $22,556,030,000
2018 $23,010,420,000
2019 $23,034,390,000
2020 $21,385,500,000

GNI (current LCU)

The value for GNI (current LCU) in Trinidad and Tobago was 144,376,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 167,564,000,000 in 2008 and a minimum value of 829,200,000 in 1960.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 829,200,000
1961 888,500,000
1962 948,100,000
1963 1,162,700,000
1964 1,220,400,000
1965 1,262,700,000
1966 1,123,400,000
1967 1,205,100,000
1968 1,381,100,000
1969 1,415,100,000
1970 1,513,500,000
1971 1,638,800,000
1972 1,945,500,000
1973 2,384,000,000
1974 3,606,900,000
1975 5,119,100,000
1976 5,826,000,000
1977 7,068,700,000
1978 8,362,700,000
1979 10,434,700,000
1980 14,210,100,000
1981 15,956,800,000
1982 19,021,700,000
1983 18,380,900,000
1984 18,063,500,000
1985 17,218,200,000
1986 16,331,200,000
1987 15,533,200,000
1988 16,124,280,000
1989 16,768,000,000
1990 19,852,700,000
1991 20,679,800,000
1992 21,213,700,000
1993 23,243,400,000
1994 26,870,310,000
1995 29,377,100,000
1996 31,499,880,000
1997 33,487,590,000
1998 35,915,500,000
1999 40,370,170,000
2000 47,411,270,000
2001 51,645,640,000
2002 53,291,870,000
2003 66,882,670,000
2004 81,149,860,000
2005 95,686,400,000
2006 109,915,000,000
2007 130,822,000,000
2008 167,564,000,000
2009 114,847,000,000
2010 134,386,000,000
2011 144,935,000,000
2012 150,923,000,000
2013 165,586,000,000
2014 165,949,000,000
2015 156,442,000,000
2016 147,277,000,000
2017 152,919,000,000
2018 155,799,000,000
2019 155,581,000,000
2020 144,376,000,000

GNI (constant 2010 US$)

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 24,530,660,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Trinidad and Tobago was 34,691,870,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 38,571,390,000 in 2010 and 7,940,913,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 7,940,913,000
1991 8,419,095,000
1992 9,489,454,000
1993 9,781,887,000
1994 10,196,840,000
1995 10,926,340,000
1996 11,713,740,000
1997 13,141,250,000
1998 14,522,250,000
1999 15,875,970,000
2000 17,012,880,000
2001 18,424,050,000
2002 20,369,750,000
2003 23,569,570,000
2004 26,971,080,000
2005 28,938,120,000
2006 33,665,150,000
2007 36,491,420,000
2008 38,491,440,000
2009 36,732,760,000
2010 38,571,390,000
2011 36,695,930,000
2012 36,835,910,000
2013 38,354,000,000
2014 37,934,920,000
2015 36,897,710,000
2016 35,862,460,000
2017 36,737,620,000
2018 36,303,550,000
2019 37,271,330,000
2020 34,691,870,000

GNI, PPP (constant 2011 international $)

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2017 36,737,620,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts