Trinidad and Tobago: Capital investment, percent of GDP

The latest value from 2023 is 18.99 percent, an increase from 17.18 percent in 2022. In comparison, the world average is 23.37 percent, based on data from 168 countries. Historically, the average for Trinidad and Tobago from 2000 to 2023 is 21.31 percent. The minimum value, 11.36 percent, was reached in 2005 while the maximum of 31.43 percent was recorded in 2009. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

The capital investment in Trinidad and Tobago and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.

Definition: Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.