Trinidad and Tobago: Economic growth, quarterly

* indicates monthly or quarterly data series
 Trinidad and Tobago

Economic growth, percent change in quarterly real GDP

 Latest value -0.4
 Reference Q3 2023
 Measure percent
 Data availability Q3 1997 - Q3 2023
 Average 2.5
 Min - Max -15.2 - 37.5
 Source Central Bank of Trinidad and Tobago
The latest data from Q3 2023 show economic growth of -0.4 percent, which is a decrease from the rate of growth of 1.5 percent in the previous quarter and a decrease compared to the growth rate of 3.5 percent in the same quarter last year. The economic growth time series for Trinidad and Tobago cover the period from Q3 1997 to Q3 2023. During that time span, the average growth rate for Trinidad and Tobago was 2.5 percent. The lowest rate of growth of -15.2 percent was recorded in Q2 2020 while the highest growth rate was 37.5 percent in Q2 2003. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Trinidad and Tobago - Economic growth, quarterly  - recent values

Historical chart
Trinidad and Tobago - Economic growth, quarterly  - historical chart - 1997-2023
Measure: percent
Source: Central Bank of Trinidad and Tobago


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 1.48 2022 percent
 GDP, constant dollars 21.7 2022 billion U.S. dollars
 GDP, current U.S. dollars 30.05 2022 billion U.S. dollars
 GDP per capita, current dollars 19,629.46 2022 U.S. dollars
 GDP per capita, PPP 23,296 2022 U.S. dollars
 GDP per capita, constant dollars 14,155.17 2022 U.S. dollars
 Economic growth, quarterly -0.40 Q3/2023 percent
 Economic growth Q-on-Q -1.40 Q3/2023 percent
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