Trinidad and Tobago's high-technology exports (current US$) was US$9.21 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 50.68% from US$6.11 million in 2014 (4.19% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$9.21 million | 2024 |
| Five years earlier | US$10.68 million | 2019 |
| Ten years earlier | US$6.11 million | 2014 |
| Highest | US$60.96 million | 2007 |
| Lowest | US$2.86 million | 2010 |
| Average since 2015 | US$6.89 million | 2015–2024 |
| First recorded | US$60.96 million |
What the numbers say
In 2024, Trinidad and Tobago's high-technology exports (current US$) fell 5.8% on 2023 (from US$9.77 million to US$9.21 million).
Across the 16 yearly changes before that (2008 to 2023), the average change was +24.9% and a typical year strayed about 117.2% 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 407.9% in 2012 and the biggest yearly fall was 90.4% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 20% 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 2024, Trinidad and Tobago had the 102nd highest value of the 120 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.
| Value | Year | |
|---|---|---|
| Trinidad and Tobago | US$9.21 million | 2024 |
| World | US$3.58 trillion | 2023 |
| Latin America & Caribbean | US$100.32 billion | 2023 |
| High income | US$2.42 trillion | 2024 |
Closest to Trinidad and Tobago in the 2024 ranking
- Suriname — 98th of 120: US$13.29 million
- Samoa — 99th of 120: US$12.68 million
- Central African Republic — 100th of 120: US$12.19 million
- Madagascar — 102nd of 120: US$7.91 million
- Mauritius — 103rd of 120: US$7.21 million
- Niger — 104th of 120: US$6.3 million
What this measures
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.
Regional and income-group figures are computed by the World Bank as a sum.
All 18 values
| Year | High-technology exports (current US$) |
|---|---|
| 2024 | 9,208,619 |
| 2023 | 9,772,010 |
| 2022 | 6,251,561 |
| 2021 | 5,248,961 |
| 2020 | 4,512,408 |
| 2019 | 10,677,515 |
| 2018 | 5,465,716 |
| 2017 | 6,571,219 |
| 2016 | 5,563,408 |
| 2015 | 5,633,308 |
| 2014 |
High-technology exports (current US$) in nearby economies
- Antigua and Barbuda — US$0 (2024)
- Argentina — US$409.33 million (2024)
- Aruba — US$1.67 million (2023)
- Bahamas, The — US$0 (2024)
- Belize — US$13 (2024)
- Bolivia — US$51.18 million (2024)
- Brazil — US$8.69 billion (2024)
- Chile — US$1.08 billion (2024)
- Colombia — US$955.98 million (2024)
- Costa Rica — US$2.95 billion (2024)
- Dominica
More infrastructure data for Trinidad and Tobago
- Fixed telephone subscriptions — 297,734 (2024)
- Fixed telephone subscriptions (per 100 people) — 19.75 (2024)
- Air transport, registered carrier departures worldwide — 27,936 (2023)
- Air transport, freight (million ton-km) — 45.84 (2023)
- Air transport, passengers carried — 2.03 million (2023)
- Mobile cellular subscriptions — 1.79 million (2024)
- Mobile cellular subscriptions (per 100 people) — 118.79 (2024)
- Medium and high-tech exports (% manufactured exports) — 50.23% (2024)
- Patent applications, nonresidents
Reading data like this
Questions people ask
- What is Trinidad and Tobago's high-technology exports (current US$)?
- US$9.21 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 84.9% from US$60.96 million in 2007 (10.52% a year on average, compounded). The highest value was US$60.96 million in 2007 and the lowest US$2.86 million in 2010.
- How does Trinidad and Tobago rank?
- 102nd highest of 120 economies with data for 2024.
- Is the latest change in high-technology exports (current US$) unusual for Trinidad and Tobago?
- In 2024, Trinidad and Tobago's high-technology exports (current US$) fell 5.8% on 2023 (from US$9.77 million to US$9.21 million). Across the 16 yearly changes before that (2008 to 2023), the average change was +24.9% and a typical year strayed about 117.2% 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.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ 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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