Trinidad and Tobago: Commercial service exports (current US$)

Key figures

What the numbers say

In 2025, Trinidad and Tobago's commercial service exports (current US$) rose 1% on 2024 (from US$1.24 billion to US$1.25 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +7.1% and a typical year strayed about 24.1% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 99% in 2022 and the biggest yearly fall was 47% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 18% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Trinidad and Tobago had the 110th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Trinidad and Tobago in the 2025 ranking

• St. Lucia — 106th of 136: US$1.4 billion
• Zambia — 107th of 136: US$1.39 billion
• Bolivia — 108th of 136: US$1.27 billion
• Mozambique — 110th of 136: US$1.23 billion
• Antigua and Barbuda — 111th of 136: US$1.21 billion
• Belize — 112th of 136: US$1.16 billion

What this measures

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 51 values

Commercial service exports (current US$) in nearby economies

• Antigua and Barbuda — US$1.21 billion (2025)
• Argentina — US$18.1 billion (2025)
• Aruba — US$2.96 billion (2023)
• Bahamas, The — US$5.84 billion (2024)
• Barbados — US$1.5 billion (2017)
• Belize — US$1.16 billion (2025)
• Bolivia — US$1.27 billion (2025)
• Brazil — US$53.54 billion (2025)
• Chile — US$12.55 billion (2025)
• Colombia — US$19.74 billion (2025)

More private sector & trade data for Trinidad and Tobago

• Merchandise trade (% of GDP) — 48.62% (2025)
• Merchandise imports (current US$) — US$5.8 billion (2025)
• Merchandise exports (current US$) — US$6.82 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 73.73% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 15.37% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 10.84% (2023)
• Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Trinidad and Tobago's commercial service exports (current US$)?

US$1.25 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 513.4% from US$204.58 million in 1975 (3.69% a year on average, compounded). The highest value was US$1.36 billion in 2014 and the lowest US$195.94 million in 1987.

How does Trinidad and Tobago rank?

110th highest of 136 economies with data for 2025.

Is the latest change in commercial service exports (current US$) unusual for Trinidad and Tobago?

In 2025, Trinidad and Tobago's commercial service exports (current US$) rose 1% on 2024 (from US$1.24 billion to US$1.25 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +7.1% and a typical year strayed about 24.1% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.SERV.CD.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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