Trinidad and Tobago: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -1.4 percent as of Q3 2023, a decline compared to the previous value of 1.9 percent. Historically, the average for Trinidad and Tobago from Q1 2015 to Q3 2023 is -0.59 percent. The minimum of -11.7 percent was recorded in Q2 2020, while the maximum of 7.3 percent was reached in Q3 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Trinidad and Tobago
| Recent values | Trinidad and Tobago: Economic growth, quarterly |
|---|---|
| 2023 Q3 | -1.4 |
| 2023 Q2 | 1.9 |
| 2023 Q1 | 2 |
| 2022 Q4 | -2.9 |
| 2022 Q3 | 0.4 |
| 2022 Q2 | 1.3 |
| 2022 Q1 | -0.1 |
| 2021 Q4 | 1.8 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.10 | 2023 | percent |
| GDP, constant dollars | 22.1 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 28.14 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 18,332.96 | 2023 | U.S. dollars |
| GDP per capita, PPP | 28,458 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 14,416.24 | 2023 | U.S. dollars |
| Economic growth, quarterly | -0.40 | Q3/2023 | percent |
| Economic growth Q-on-Q | -1.40 | Q3/2023 | percent |