GDP Growth Rate
Year -
2.10%
In 2023, Trinidad and Tobago experienced a significant an increase in its GDP growth rate, which rise to 2.10% from 1.48% in 2022. Additionally, the GDP per capita growth rate in Trinidad and Tobago increase to 1.84% in 2023, compared to 1.13% in 2022.
In 2023, Trinidad and Tobago experienced a increase in economic performance, with the GDP growth rate rising by 0.62%. Additionally, the GDP per capita growth rate increase by 0.71%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 14.04% | 14.04% | 11.67% | 11.67% |
| 1962 | 2.74% | -11.30% | 0.82% | -10.85% |
| 1963 | 5.6% | 2.86% | 3.71% | 2.89% |
| 1964 | 7.63% | 2.03% | 5.78% | 2.07% |
| 1965 | 0.69% | -6.94% | -0.94% | -6.72% |
| 1966 | 4.06% | 3.37% | 2.5% | 3.44% |
| 1967 | 2.04% | -2.02% | 0.65% | -1.85% |
| 1968 | 5.22% | 3.18% | 3.91% | 3.26% |
| 1969 | 2.73% | -2.49% | 1.58% | -2.33% |
| 1970 | 3.53% | 0.80% | 2.46% | 0.88% |
| 1971 | 1.04% | -2.49% | -0.1% | -2.56% |
| 1972 | 5.78% | 4.74% | 4.43% | 4.53% |
| 1973 | 1.66% | -4.12% | 0.32% | -4.11% |
| 1974 | 3.81% | 2.15% | 2.44% | 2.12% |
| 1975 | 1.48% | -2.33% | 0.16% | -2.28% |
| 1976 | 6.41% | 4.93% | 5.04% | 4.88% |
| 1977 | 9.12% | 2.71% | 7.71% | 2.67% |
| 1978 | 10.02% | 0.90% | 8.52% | 0.81% |
| 1979 | 3.6% | -6.42% | 2.13% | -6.39% |
| 1980 | 10.39% | 6.79% | 8.87% | 6.74% |
| 1981 | 4.58% | -5.81% | 3.22% | -5.65% |
| 1982 | 3.8% | -0.78% | 2.5% | -0.72% |
| 1983 | -10.3% | -14.10% | -11.38% | -13.88% |
| 1984 | -5.75% | 4.55% | -6.82% | 4.56% |
| 1985 | -4.12% | 1.63% | -5.32% | 1.50% |
| 1986 | -3.28% | 0.84% | -4.6% | 0.72% |
| 1987 | -4.56% | -1.28% | -5.73% | -1.13% |
| 1988 | -3.92% | 0.64% | -4.94% | 0.79% |
| 1989 | -0.83% | 3.09% | -1.74% | 3.20% |
| 1990 | 1.51% | 2.34% | 0.68% | 2.42% |
| 1991 | 3.11% | 1.60% | 2.33% | 1.65% |
| 1992 | 10.09% | 6.98% | 9.3% | 6.97% |
| 1993 | -0.67% | -10.76% | -1.32% | -10.62% |
| 1994 | 3.57% | 4.24% | 2.98% | 4.30% |
| 1995 | 3.81% | 0.24% | 3.3% | 0.32% |
| 1996 | 7.13% | 3.32% | 6.68% | 3.38% |
| 1997 | 7.52% | 0.39% | 7.14% | 0.46% |
| 1998 | 8.12% | 0.60% | 7.76% | 0.62% |
| 1999 | 8.02% | -0.10% | 7.66% | -0.10% |
| 2000 | 6.9% | -1.12% | 6.49% | -1.17% |
| 2001 | 4.17% | -2.73% | 3.67% | -2.82% |
| 2002 | 7.94% | 3.77% | 7.34% | 3.67% |
| 2003 | 14.44% | 6.50% | 13.8% | 6.46% |
| 2004 | 7.95% | -6.49% | 7.35% | -6.45% |
| 2005 | 6.21% | -1.74% | 5.6% | -1.75% |
| 2006 | 13.21% | 7.00% | 12.56% | 6.96% |
| 2007 | 4.75% | -8.46% | 4.15% | -8.41% |
| 2008 | 3.39% | -1.36% | 2.8% | -1.35% |
| 2009 | -4.39% | -7.78% | -4.96% | -7.76% |
| 2010 | 3.32% | 7.71% | 2.66% | 7.62% |
| 2011 | -0.29% | -3.61% | -0.98% | -3.64% |
| 2012 | 7.45% | 7.74% | 6.67% | 7.65% |
| 2013 | 3.53% | -3.92% | 2.79% | -3.88% |
| 2014 | 3.85% | 0.32% | 3.14% | 0.35% |
| 2015 | -0.78% | -4.63% | -1.42% | -4.56% |
| 2016 | -7.53% | -6.75% | -8.1% | -6.68% |
| 2017 | -4.8% | 2.73% | -5.4% | 2.70% |
| 2018 | -0.6% | 4.20% | -2.33% | 3.07% |
| 2019 | 0.36% | 0.96% | -0.65% | 1.68% |
| 2020 | -9.08% | -9.44% | -8.97% | -8.32% |
| 2021 | -1.04% | 8.04% | -1.52% | 7.45% |
| 2022 | 1.48% | 2.52% | 1.13% | 2.65% |
| 2023 | 2.1% | 0.62% | 1.84% | 0.71% |