Government of the Republic of Trinidad and Tobago


Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /TT$ Millions/

INDUSTRYISIC12017r2018r2019r2020pQ4* 2020pQ1* 2021p2021f   
Agriculture, forestry and fishingA1,472.91,331.31,289.11,278.6319.8324.4 -
Mining and quarryingB30,507.929,136.528,236.625,023.75,853.56,160.425,231.4
Food, beverages and tobacco productsCA4,959.45,788.86,502.56,160.01,582.41,435.2 -
Textiles, clothing, leather, wood, paper and printingCB-C1,090.61,016.2998.9927.1233.0234.1 -
Petroleum and chemical productsCD-E21,908.521,355.019,930.517,378.33,881.14,282.716,767.2
Other manufactured productsCF-M2,260.42,124.32,331.12,196.6547.3583.6 -
Electricity and gasD4,895.54,923.25,031.34,542.41,145.61,218.5 -
Water supply and sewerageE1,942.81,979.42,021.62,040.9510.9510.2 -
Trade and repairsG28,352.827,862.228,616.525,441.37,206.96,221.924,265.2
Transport and storageH5,104.95,310.15,189.23,742.5847.9887.4 -
Accommodation and food servicesI2,118.72,069.52,056.41,711.8393.5393.4 -
Information and communicationJ3,984.33,977.23,972.93,913.1983.6963.8 -
Financial and insurance activitiesK10,611.710,618.811,523.311,987.33,025.93,022.512,328.0
Real estate activitiesL3,104.23,119.33,134.33,149.7789.0789.8 -
Professional, scientific and technical servicesM2,460.92,733.72,612.22,602.4649.6517.0 -
Administrative and support servicesN3,793.53,794.23,797.33,724.3927.1926.9 -
Public administrationO11,746.611,599.912,104.212,276.73,021.13,078.712,366.1
EducationP3,880.73,873.13,901.53,888.0970.7970.7 -
Human health and social workQ610.4611.7613.6614.9153.8153.8 -
Arts, entertainment and recreationR391.7392.9393.8394.698.798.7 -
Other service activitiesS623.0625.3633.0631.1158.1157.7 -
Domestic servicesT170.4172.4174.5176.544.344.4 -
Less FISIM2(3,382.0)(3,451.4)(3,639.2)(3,961.1)(1,011.8)(1,022.1) -
GDP AT BASIC PRICES3151,150.9149,399.4149,705.7137,354.534,235.433,820.1 -
Taxes less subsidies on products4,821.35,470.94,899.25,849.3N/AN/A -
GDP AT PURCHASER PRICES4155,972.2154,870.3154,604.8143,203.8N/AN/A141,837.2
Of which5
Crude oil exploration and extraction10,728.09,920.59,175.48,836.32,191.52,225.910,503.8
Condensate extraction4,699.53,318.93,258.43,127.1810.4823.12,872.1
Natural gas exploration and extraction13,006.613,966.214,007.411,881.52,480.12,736.710,823.5
Asphalt241.8175.7231.8288.774.574.5 -
Petroleum support services1,725.91,652.41,461.9792.9269.7264.9 -
Refining (incl. LNG)9,705.69,266.46,471.05,365.3954.01,107.4 -
Manufacture of Petrochemicals11,483.911,356.212,708.811,232.52,719.32,973.711,122.5
Petroleum and natural gas distribution4,766.04,763.34,902.54,302.01,174.81,313.0 -
Source: Central Statistical Office and Ministry of Finance
1/ Designation of the section in the International Standard Industrial Classification of All Economic Activities, Revision 4 (ISIC. Rev 4) that corresponds to the industry/sub-industry.
2/ Financial Intermediation Services Indirectly Measured.
3/ The basic price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any tax payable, and plus any subsidy receivable, by the producer as a consequence of its production or sale. It excludes any transport charges invoiced separately by the producer. (System of National Accounts, 2008).
4/ The purchaser’s price is the amount paid by the purchaser, excluding any VAT or similar tax deductible by the purchaser, in order to take delivery of a unit of a good or service at the time and place required by the purchaser. The purchaser’s price of a good includes any transport charges paid separately by the purchaser to take delivery at the required time and place (System of National Accounts, 2008).
5/ This Memorandum Item presents the major energy based sub-industries that were previously grouped under the Petroleum Industry in the TTSNA classifications.
* Q4 refers to the period October to December, while Q1 refers to the period January to March.
r: Revised p: Provisional f: Ministry of Finance Forecast N/A: Not Available