Trinidad and Tobago: Oil revenue
* indicates monthly or quarterly data series
| Trinidad and Tobago |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 2.71 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1970 - 2021 |
| Average | 11.07 |
| Min - Max | 1.43 - 34.1 |
| Source | The World Bank |
For that indicator, we provide data for Trinidad and Tobago from 1970 to 2021. The average value for Trinidad and Tobago during that period was 11.07 percent with a minimum of 1.43 percent in 2020 and a maximum of 34.1 percent in 1979.
The latest value from 2021 is 2.71 percent. For comparison, the world average in 2021 based on 181
countries is 2.69 percent.
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use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
| Related indicators | Latest value | Reference | Measure |
|---|---|---|---|
| Gasoline prices | 0.54 | 2016 | dollars |
| Diesel prices | 0.30 | 2016 | dollars |
| Energy use per capita | 13,489.04 | 2014 | kilograms of oil equivalent |
| Share of clean energy | 0.47 | 2020 | percent |
| Energy use per $1000 GDP | 445.15 | 2014 | kilograms of oil equivalent |
| Electricity from renewable sources, kWh | 0.00 | 2015 | million kWh |
| Carbon dioxide (CO2) emissions | 15,420 | 2020 | kt |
| Carbon dioxide (CO2) emissions per capita | 10.16 | 2020 | metric tons |
| Greenhouse gas emissions | 26,481 | 2020 | kt of CO2 equivalent |
| GDP per unit of energy | 2.21 | 2014 | GDP per kg of oil equivalent |
| Energy imports | -102.66 | 2014 | percent |
| Natural resources income | 7.86 | 2021 | percent |
| Oil revenue | 2.71 | 2021 | percent |
| Natural gas revenue | 5.09 | 2021 | percent |
| Access to electricity | 100.00 | 2021 | percent |