Trinidad and Tobago: Percent of world oil production
* indicates monthly or quarterly data series
| Trinidad and Tobago |
Oil production percent of world total |
|---|---|
| Latest value | 0.066 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1984 - 2023 |
| Average | 0.185 |
| Min - Max | 0.066 - 0.420 |
| Source | The Global Economy |
The latest value from 2023 is 0.066 percent, a decline from 0.072 percent in 2022. In comparison, the world average is 0.526 percent, based on data from 190 countries. Historically, the average for Trinidad and Tobago from 1984 to 2023 is 0.185 percent. The minimum value, 0.066 percent, was reached in 2023 while the maximum of 0.42 percent was recorded in 1985.
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* indicates monthly or quarterly data series
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Definition: Oil production as percent of total world oil production.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Percent of world population | 0.02 | 2023 | percent |
| Percent of world GDP | 0.03 | 2023 | percent |
| Percent of world FDI | -0.20 | 2023 | percent |
| Percent of world oil reserves | 0.01 | 2021 | percent |
| Percent of world foreign exchange reserves | 0.043 | 2023 | percent |
| Percent of world oil production | 0.066 | 2023 | percent |
| Electricity consumption percent of world total | 0.033 | 2023 | percent |