Government of the Republic of Trinidad and Tobago


Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Change/

INDUSTRYISIC12018r2019r2020r2021pQ4* 2021pQ1* 2022p2022f
Agriculture, forestry and fishingA(9.6)(35.6)31.1(16.5)(23.6)(16.2)-
Mining and quarryingB(4.0)(3.5)(11.4)(5.2)0.2(6.0)1.5
Food, beverages and tobacco productsCA16.910.1(4.6)12.618.036.218.8
Textiles, clothing, leather, wood, paper and printingCB-C(5.9)(6.6)(9.8)(7.4)(5.3)(5.8)-
Petroleum and chemical productsCD-E(2.5)(6.7)(12.8)(4.4)5.9(4.9)4.4
Other manufactured productsCF-M(5.6)9.9(8.1)4.4(2.5)(6.1)-
Electricity and gasD(0.5)1.8(10.3)6.84.0(1.7)-
Water supply and sewerageE7.5(2.8)
Trade and repairsG(3.0)5.6(11.4)(4.7)(10.3)(0.9)9.0
Transport and storageH4.0(2.3)(27.9)1.021.621.215.5
Accommodation and food servicesI0.3(0.1)(18.5)(5.9)10.012.2-
Information and communicationJ2.12.3(1.1)(0.5)0.50.9-
Financial and insurance activitiesK0.
Real estate activitiesL0.
Professional, scientific and technical servicesM9.04.80.8(2.1)(2.4)(2.0)-
Administrative and support servicesN(0.7)0.1(1.8)(0.2)0.60.8-
Public administrationO(1.2)4.31.4(2.7)(0.4)1.3(1.0)
Human health and social workQ0.
Arts, entertainment and recreationR0.
Other service activitiesS0.62.8(1.2)13.732.119.6-
Domestic servicesT1.
Less FISIM22.15.48.8(0.3)(0.7)(0.5)-
GDP AT BASIC PRICES3(1.3)0.5(8.5)(1.7)(0.9)(0.1)-
Taxes less subsidies on products13.5(10.5)19.416.3N/AN/A-
GDP AT PURCHASER PRICES4(0.9)0.1(7.7)(1.0)N/AN/A2.0
Of which5
Crude oil exploration and extraction(7.5)(7.5)(3.7)
Condensate extraction(29.4)(1.8)(4.0)(9.7)(28.8)(26.8)(16.7)
Natural gas exploration and extraction7.40.3(15.2)(17.5)(2.1)(5.5)6.7
Petroleum support services(4.3)(11.5)(45.8)48.5(7.6)(50.3)-
Refining (incl. LNG)(4.5)(30.2)(17.1)(30.7)(0.7)(4.1)-
Manufacture of Petrochemicals(1.1)11.9(11.6)7.48.6(5.8)4.7
Petroleum and natural gas distribution(0.1)2.9(12.2)20.810.9(0.3)-
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.
* Refers to the quarterly year-on-year percentage change
r: Revised p: Provisional f: Ministry of Finance Forecast N/A: Not Available