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. 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 chart
Trinidad and Tobago - Oil revenue - recent values

Historical chart
Trinidad and Tobago - Oil revenue - historical chart - 1970-2021

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
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