Trinidad and Tobago: Value added by industry as percent of GDP
For that indicator, The World Bank provides data for Trinidad and Tobago from 1966 to 2018. The average value for Trinidad and Tobago during that period was 47.8 percent with a minimum of 34.26 percent in 2016 and a maximum of 63.98 percent in 2008.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The importance of industry in the economy of Trinidad and Tobago and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.