Trinidad and Tobago - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Trinidad and Tobago was 51,915 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 54,871 in 2011 and 25,430 in 1995.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 27,005
1992 27,479
1993 25,939
1994 28,199
1995 25,430
1996 26,519
1997 25,648
1998 25,949
1999 29,279
2000 31,470
2001 32,196
2002 34,898
2003 42,630
2004 42,098
2005 43,885
2006 51,604
2007 52,014
2008 51,571
2009 53,752
2010 54,540
2011 54,871
2012 53,787
2013 53,377
2014 53,019
2015 53,249
2016 50,928
2017 51,282
2018 51,011
2019 51,915

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Trinidad and Tobago was $10,595,460,000 as of 2019. Over the past 53 years, the value for this indicator has fluctuated between $17,831,760,000 in 2008 and $285,772,600 in 1966.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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

See also:

Year Value
1966 $285,772,600
1967 $315,516,900
1968 $331,050,000
1969 $325,950,000
1970 $333,050,000
1971 $365,486,800
1972 $444,698,900
1973 $598,764,800
1974 $1,184,444,000
1975 $1,416,075,000
1976 $1,458,617,000
1977 $1,804,208,000
1978 $1,975,833,000
1979 $2,652,625,000
1980 $3,731,333,000
1981 $3,883,917,000
1982 $3,809,333,000
1983 $3,597,042,000
1984 $3,751,250,000
1985 $3,404,898,000
1986 $1,994,417,000
1987 $2,105,222,000
1988 $1,972,475,000
1989 $2,036,024,000
1990 $2,406,518,000
1991 $2,376,212,000
1992 $2,322,565,000
1993 $1,933,098,000
1994 $2,305,625,000
1995 $2,395,810,000
1996 $2,600,057,000
1997 $2,452,581,000
1998 $2,327,263,000
1999 $2,766,213,000
2000 $3,876,250,000
2001 $3,989,460,000
2002 $3,865,412,000
2003 $5,821,909,000
2004 $7,220,257,000
2005 $9,532,955,000
2006 $11,172,140,000
2007 $12,909,690,000
2008 $17,831,760,000
2009 $10,187,290,000
2010 $11,924,070,000
2011 $14,509,790,000
2012 $13,016,280,000
2013 $13,155,840,000
2014 $13,147,340,000
2015 $9,767,586,000
2016 $8,357,970,000
2017 $8,884,608,000
2018 $9,999,660,000
2019 $10,595,460,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Trinidad and Tobago was 71,564,930,000 as of 2019. As the graph below shows, over the past 53 years this indicator reached a maximum value of 112,146,000,000 in 2008 and a minimum value of 489,900,000 in 1966.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1966 489,900,000
1967 548,400,000
1968 662,100,000
1969 651,900,000
1970 666,100,000
1971 721,800,000
1972 854,400,000
1973 1,173,100,000
1974 2,431,900,000
1975 3,072,600,000
1976 3,552,900,000
1977 4,330,100,000
1978 4,742,000,000
1979 6,366,300,000
1980 8,955,199,000
1981 9,321,400,000
1982 9,142,400,000
1983 8,632,900,000
1984 9,003,000,000
1985 8,342,000,000
1986 7,179,900,000
1987 7,578,800,000
1988 7,581,800,000
1989 8,653,100,000
1990 10,227,700,000
1991 10,098,900,000
1992 9,870,900,000
1993 10,344,200,000
1994 13,660,600,000
1995 14,249,800,000
1996 15,613,600,000
1997 15,332,800,000
1998 14,657,800,000
1999 17,424,100,000
2000 24,419,600,000
2001 24,867,100,000
2002 24,153,800,000
2003 36,649,500,000
2004 45,480,400,000
2005 60,053,800,000
2006 70,520,800,000
2007 81,695,100,000
2008 112,146,000,000
2009 64,443,800,000
2010 76,021,900,000
2011 92,997,600,000
2012 83,689,500,000
2013 84,757,800,000
2014 84,262,600,000
2015 62,291,800,000
2016 55,739,300,000
2017 60,233,200,000
2018 67,705,700,000
2019 71,564,930,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Trinidad and Tobago was 8,931,775,000 as of 2019. Over the past 35 years, the value for this indicator has fluctuated between 10,648,820,000 in 2008 and 3,195,579,000 in 1987.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1984 3,855,028,000
1985 3,659,554,000
1986 3,481,727,000
1987 3,195,579,000
1988 3,444,953,000
1989 3,409,966,000
1990 3,464,509,000
1991 3,565,533,000
1992 3,466,689,000
1993 3,258,948,000
1994 3,521,587,000
1995 3,279,443,000
1996 3,522,926,000
1997 3,588,736,000
1998 3,954,172,000
1999 4,453,725,000
2000 4,917,493,000
2001 5,256,106,000
2002 5,720,539,000
2003 7,238,146,000
2004 7,820,504,000
2005 8,599,908,000
2006 10,099,570,000
2007 10,539,020,000
2008 10,648,820,000
2009 10,440,950,000
2010 10,245,410,000
2011 9,882,732,000
2012 9,817,193,000
2013 9,996,001,000
2014 9,840,069,000
2015 9,767,586,000
2016 9,043,439,000
2017 8,990,886,000
2018 8,860,888,000
2019 8,931,775,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Trinidad and Tobago was 0.80 as of 2019. As the graph below shows, over the past 34 years this indicator reached a maximum value of 26.53 in 2003 and a minimum value of -8.22 in 1987.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

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

See also:

Year Value
1985 -5.07
1986 -4.86
1987 -8.22
1988 7.80
1989 -1.02
1990 1.60
1991 2.92
1992 -2.77
1993 -5.99
1994 8.06
1995 -6.88
1996 7.42
1997 1.87
1998 10.18
1999 12.63
2000 10.41
2001 6.89
2002 8.84
2003 26.53
2004 8.05
2005 9.97
2006 17.44
2007 4.35
2008 1.04
2009 -1.95
2010 -1.87
2011 -3.54
2012 -0.66
2013 1.82
2014 -1.56
2015 -0.74
2016 -7.41
2017 -0.58
2018 -1.45
2019 0.80

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Trinidad and Tobago was 76,141,490,000 as of 2019. As the graph below shows, over the past 35 years this indicator reached a maximum value of 90,778,980,000 in 2008 and a minimum value of 27,241,640,000 in 1987.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

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

Year Value
1984 32,863,300,000
1985 31,196,920,000
1986 29,680,980,000
1987 27,241,640,000
1988 29,367,500,000
1989 29,069,240,000
1990 29,534,200,000
1991 30,395,410,000
1992 29,552,790,000
1993 27,781,840,000
1994 30,020,780,000
1995 27,956,560,000
1996 30,032,200,000
1997 30,593,210,000
1998 33,708,480,000
1999 37,967,060,000
2000 41,920,590,000
2001 44,807,190,000
2002 48,766,380,000
2003 61,703,660,000
2004 66,668,140,000
2005 73,312,400,000
2006 86,096,720,000
2007 89,842,880,000
2008 90,778,980,000
2009 89,006,850,000
2010 87,339,950,000
2011 84,248,200,000
2012 83,689,500,000
2013 85,213,800,000
2014 83,884,500,000
2015 83,266,600,000
2016 77,093,400,000
2017 76,645,400,000
2018 75,537,200,000
2019 76,141,490,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Trinidad and Tobago was 45.65 as of 2019. Its highest value over the past 53 years was 63.98 in 2008, while its lowest value was 37.34 in 2016.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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

See also:

Year Value
1966 39.49
1967 41.41
1968 43.62
1969 41.83
1970 40.52
1971 40.76
1972 41.05
1973 45.75
1974 58.00
1975 57.97
1976 58.34
1977 57.48
1978 55.46
1979 57.64
1980 59.84
1981 55.55
1982 46.80
1983 46.33
1984 48.36
1985 46.16
1986 41.60
1987 43.88
1988 43.86
1989 47.10
1990 47.48
1991 44.77
1992 42.70
1993 41.40
1994 46.60
1995 44.96
1996 45.14
1997 42.74
1998 38.51
1999 40.63
2000 47.54
2001 45.21
2002 42.91
2003 51.50
2004 54.37
2005 59.65
2006 60.82
2007 59.65
2008 63.98
2009 53.14
2010 53.81
2011 57.05
2012 50.52
2013 48.25
2014 47.61
2015 39.13
2016 37.34
2017 39.69
2018 42.23
2019 45.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts