Trinidad and Tobago: GDP (constant 2015 US$)

Key figures

What the numbers say

In 2025, Trinidad and Tobago's GDP (constant 2015 US$) fell 0.8% on 2024 (from US$22.32 billion to US$22.15 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.3% and a typical year strayed about 5.4% from that (the standard deviation). This year's change was 0.7 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 14.4% in 2003 and the biggest yearly fall was 10.3% 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 the straight-line trend is downward, about US$287.22 million a year. A straight line explains 53% of the movement over 10 observed years.

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 114th highest value of the 186 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

• Zimbabwe — 110th of 186: US$25.48 billion
• Mali — 111th of 186: US$23.53 billion
• Iceland — 112th of 186: US$23.12 billion
• Lao PDR — 114th of 186: US$22.1 billion
• Bosnia and Herzegovina — 115th of 186: US$21.8 billion
• Mozambique — 116th of 186: US$20.87 billion

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Each industry's contribution to growth in the economy's output is measured by growth in the industry's value added. In principle, value added in constant prices can be estimated by measuring the quantity of goods and services produced in a period, valuing them at an agreed set of base year prices, and subtracting the cost of intermediate inputs, also in constant prices. This double-deflation method requires detailed information on the structure of prices of inputs and outputs. In many industries, however, value added is extrapolated from the base year using single volume indexes of outputs or, less commonly, inputs.

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

All 66 values

GDP (constant 2015 US$) in nearby economies

• Antigua and Barbuda — US$1.8 billion (2025)
• Argentina — US$609.23 billion (2025)
• Aruba — US$3.67 billion (2024)
• Bahamas, The — US$13.63 billion (2024)
• Barbados — US$6.5 billion (2025)
• Belize — US$2.7 billion (2025)
• Bolivia — US$37.21 billion (2025)
• Brazil — US$2.07 trillion (2025)
• Cayman Islands — US$6.28 billion (2024)
• Chile — US$296.01 billion (2025)
• Colombia — US$372.67 billion (2025)
• Costa Rica

More economic policy & debt data for Trinidad and Tobago

• Total reserves, including gold (current US$) — US$5.37 billion (2025)
• Total reserves, excluding gold (current US$) — US$5.1 billion (2025)
• GDP (current US$) — US$25.94 billion (2025)
• GDP (current LCU) — 175.08 billion (2025)
• GDP (constant LCU) — 153.7 billion (2025)
• GDP per capita (current US$) — US$18,967 (2025)
• GDP per capita (current LCU) — 128,006 (2025)
• GDP per capita (constant 2015 US$) — US$16,191 (2025)
• GDP per capita (constant LCU) — 112,370 (2025)
• GNI (current US$)

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 GDP (constant 2015 US$)?

US$22.15 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 510.99% from US$3.62 billion in 1960 (2.82% a year on average, compounded). The highest value was US$26.95 billion in 2014 and the lowest US$3.62 billion in 1960.

How does Trinidad and Tobago rank?

114th highest of 186 economies with data for 2025.

Is the latest change in GDP (constant 2015 US$) unusual for Trinidad and Tobago?

In 2025, Trinidad and Tobago's GDP (constant 2015 US$) fell 0.8% on 2024 (from US$22.32 billion to US$22.15 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.3% and a typical year strayed about 5.4% from that (the standard deviation). This year's change was 0.7 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 NY.GDP.MKTP.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.