Nominal GDP in billions of USD
Year -
$28.14 billions(-6.36%)
In 2023, Trinidad and Tobago witnessed a decrease in its Nominal GDP, falling to 28.14 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 48.46 international billion dollars.
Relatedly, in the preceding year of 2022, Trinidad and Tobago has Nominal GDP stood at 30.05 billion dollars, while the GDP based on PPP was 45.79 international billion dollars.
The net change in Trinidad and Tobago's GDP (Nominal) in 2023 decreased by -1.91 billion dollars(-6.36%), and GDP (PPP) increased by 2.67 international billion dollars(5.83%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.54 | - | - | - | - | - |
| 1961 | 0.58 | 0.04 | 7.41 % | - | - | - |
| 1962 | 0.62 | 0.04 | 6.9 % | - | - | - |
| 1963 | 0.68 | 0.06 | 9.68 % | - | - | - |
| 1964 | 0.71 | 0.03 | 4.41 % | - | - | - |
| 1965 | 0.74 | 0.03 | 4.23 % | - | - | - |
| 1966 | 0.72 | -0.02 | -2.7 % | - | - | - |
| 1967 | 0.76 | 0.04 | 5.56 % | - | - | - |
| 1968 | 0.76 | 0 | 0 % | - | - | - |
| 1969 | 0.78 | 0.02 | 2.63 % | - | - | - |
| 1970 | 0.82 | 0.04 | 5.13 % | - | - | - |
| 1971 | 0.9 | 0.08 | 9.76 % | - | - | - |
| 1972 | 1.08 | 0.18 | 20 % | - | - | - |
| 1973 | 1.31 | 0.23 | 21.3 % | - | - | - |
| 1974 | 2.04 | 0.73 | 55.73 % | - | - | - |
| 1975 | 2.44 | 0.4 | 19.61 % | - | - | - |
| 1976 | 2.5 | 0.06 | 2.46 % | - | - | - |
| 1977 | 3.14 | 0.64 | 25.6 % | - | - | - |
| 1978 | 3.56 | 0.42 | 13.38 % | - | - | - |
| 1979 | 4.6 | 1.04 | 29.21 % | - | - | - |
| 1980 | 6.24 | 1.64 | 35.65 % | - | - | - |
| 1981 | 6.99 | 0.75 | 12.02 % | - | - | - |
| 1982 | 8.14 | 1.15 | 16.45 % | - | - | - |
| 1983 | 7.76 | -0.38 | -4.67 % | - | - | - |
| 1984 | 7.76 | 0 | 0 % | - | - | - |
| 1985 | 7.38 | -0.38 | -4.9 % | - | - | - |
| 1986 | 4.79 | -2.59 | -35.09 % | - | - | - |
| 1987 | 4.8 | 0.01 | 0.21 % | - | - | - |
| 1988 | 4.5 | -0.3 | -6.25 % | - | - | - |
| 1989 | 4.32 | -0.18 | -4 % | - | - | - |
| 1990 | 5.07 | 0.75 | 17.36 % | 8.61 | - | - |
| 1991 | 5.31 | 0.24 | 4.73 % | 9.18 | 0.57 | 6.62 % |
| 1992 | 5.44 | 0.13 | 2.45 % | 10.34 | 1.16 | 12.64 % |
| 1993 | 4.67 | -0.77 | -14.15 % | 10.51 | 0.17 | 1.64 % |
| 1994 | 4.95 | 0.28 | 6 % | 11.12 | 0.61 | 5.8 % |
| 1995 | 5.33 | 0.38 | 7.68 % | 11.78 | 0.66 | 5.94 % |
| 1996 | 5.76 | 0.43 | 8.07 % | 12.86 | 1.08 | 9.17 % |
| 1997 | 5.74 | -0.02 | -0.35 % | 14.06 | 1.2 | 9.33 % |
| 1998 | 6.04 | 0.3 | 5.23 % | 15.38 | 1.32 | 9.39 % |
| 1999 | 6.81 | 0.77 | 12.75 % | 16.84 | 1.46 | 9.49 % |
| 2000 | 8.15 | 1.34 | 19.68 % | 18.41 | 1.57 | 9.32 % |
| 2001 | 8.82 | 0.67 | 8.22 % | 19.61 | 1.2 | 6.52 % |
| 2002 | 9.01 | 0.19 | 2.15 % | 21.5 | 1.89 | 9.64 % |
| 2003 | 11.31 | 2.3 | 25.53 % | 25.09 | 3.59 | 16.7 % |
| 2004 | 13.28 | 1.97 | 17.42 % | 27.81 | 2.72 | 10.84 % |
| 2005 | 15.98 | 2.7 | 20.33 % | 30.47 | 2.66 | 9.56 % |
| 2006 | 18.37 | 2.39 | 14.96 % | 35.56 | 5.09 | 16.7 % |
| 2007 | 21.64 | 3.27 | 17.8 % | 38.25 | 2.69 | 7.56 % |
| 2008 | 27.87 | 6.23 | 28.79 % | 40.31 | 2.06 | 5.39 % |
| 2009 | 19.17 | -8.7 | -31.22 % | 38.78 | -1.53 | -3.8 % |
| 2010 | 22.16 | 2.99 | 15.6 % | 40.56 | 1.78 | 4.59 % |
| 2011 | 25.43 | 3.27 | 14.76 % | 41.27 | 0.71 | 1.75 % |
| 2012 | 27.33 | 1.9 | 7.47 % | 42.86 | 1.59 | 3.85 % |
| 2013 | 28.71 | 1.38 | 5.05 % | 42.78 | -0.08 | -0.19 % |
| 2014 | 29.7 | 0.99 | 3.45 % | 43.41 | 0.63 | 1.47 % |
| 2015 | 27.03 | -2.67 | -8.99 % | 40.53 | -2.88 | -6.63 % |
| 2016 | 23.71 | -3.32 | -12.28 % | 38.38 | -2.15 | -5.3 % |
| 2017 | 24.04 | 0.33 | 1.39 % | 38.98 | 0.6 | 1.56 % |
| 2018 | 24.57 | 0.53 | 2.2 % | 40.09 | 1.11 | 2.85 % |
| 2019 | 23.78 | -0.79 | -3.22 % | 40.49 | 0.4 | 1 % |
| 2020 | 20.81 | -2.97 | -12.49 % | 36.39 | -4.1 | -10.13 % |
| 2021 | 24.5 | 3.69 | 17.73 % | 42.16 | 5.77 | 15.86 % |
| 2022 | 30.05 | 5.55 | 22.65 % | 45.79 | 3.63 | 8.61 % |
| 2023 | 28.14 | -1.91 | -6.36 % | 48.46 | 2.67 | 5.83 % |