Trinidad and Tobago: Oil revenue

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Trinidad and Tobago: Revenue minus production cost of oil, percent of GDP

, 1970 - 2018: For that indicator, we provide data for Trinidad and Tobago from 1970 to 2018. The average value for Trinidad and Tobago during that period was 11.75 percent with a minimum of 1.87 percent in 2016 and a maximum of 34.23 percent in 1979. The latest value from 2018 is 4 percent. For comparison, the world average in 2018 based on 181 countries is 3.01 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values

Longer historical series

Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.
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