Trinidad and Tobago - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Trinidad and Tobago was 156,790,000,000 as of 2019. As the graph below shows, over the past 53 years this indicator reached a maximum value of 174,445,000,000 in 2008 and a minimum value of 765,400,000 in 1967.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

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

Year Value
1966 884,400,000
1967 765,400,000
1968 787,700,000
1969 866,700,000
1970 898,100,000
1971 1,065,300,000
1972 1,343,500,000
1973 1,809,400,000
1974 3,517,500,000
1975 4,776,600,000
1976 5,665,400,000
1977 7,145,600,000
1978 8,361,200,000
1979 10,954,400,000
1980 14,675,100,000
1981 16,506,700,000
1982 19,387,700,000
1983 18,559,000,000
1984 18,502,900,000
1985 17,507,800,000
1986 16,615,700,000
1987 16,281,600,000
1988 15,720,700,000
1989 16,936,800,000
1990 18,989,000,000
1991 19,679,400,000
1992 20,179,900,000
1993 21,635,500,000
1994 25,321,900,000
1995 26,495,300,000
1996 28,973,500,000
1997 30,160,900,000
1998 31,509,100,000
1999 36,898,300,000
2000 46,325,200,000
2001 49,704,500,000
2002 50,819,100,000
2003 65,316,100,000
2004 77,496,500,000
2005 100,561,000,000
2006 115,286,000,000
2007 136,295,000,000
2008 174,445,000,000
2009 121,594,000,000
2010 141,049,000,000
2011 163,813,000,000
2012 159,115,000,000
2013 169,010,000,000
2014 171,114,000,000
2015 151,956,000,000
2016 142,132,000,000
2017 146,631,000,000
2018 154,100,000,000
2019 156,790,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts