Trinidad and Tobago: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 2.1 percent as of Q1 2024, an increase compared to the previous value of -1.6 percent. Historically, the average for Trinidad and Tobago from Q1 2015 to Q1 2024 is -0.55 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 |
|---|---|
| 2024 Q1 | 2.1 |
| 2023 Q4 | -1.6 |
| 2023 Q3 | -1.5 |
| 2023 Q2 | 2.1 |
| 2023 Q1 | 2.2 |
| 2022 Q4 | -3.3 |
| 2022 Q3 | 0.5 |
| 2022 Q2 | 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 | 1.65 | 2024 | percent |
| GDP, constant dollars | 22.1 | 2024 | billion U.S. dollars |
| GDP, current U.S. dollars | 26.43 | 2024 | billion U.S. dollars |
| GDP per capita, current dollars | 19,314.72 | 2024 | U.S. dollars |
| GDP per capita, PPP | 31,690 | 2024 | U.S. dollars |
| GDP per capita, constant dollars | 16,179.46 | 2024 | U.S. dollars |
| Economic growth, quarterly | 0.90 | Q1/2024 | percent |
| Economic growth Q-on-Q | 2.10 | Q1/2024 | percent |