Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Change/
INDUSTRY | ISIC1 | 2015r | 2016r | 2017r | 2018r | 2019p | Q1* 2020p | Q2* 2020p |
---|---|---|---|---|---|---|---|---|
Agriculture, forestry and fishing | A | 35.9 | (7.3) | 7.9 | (9.6) | (3.3) | (0.1) | (0.6) |
Mining and quarrying | B | (3.2) | (12.9) | (0.3) | (4.5) | (3.1) | (5.1) | (8.9) |
Manufacturing | C | 2.2 | (2.2) | (1.8) | 0.2 | (2.9) | (1.5) | (5.8) |
Food, beverages and tobacco products | CA | 2.6 | 11.1 | (9.4) | 15.9 | 10.2 | (3.6) | (4.9) |
Textiles, clothing, leather, wood, paper and printing | CB-C | (2.6) | (2.1) | (4.8) | (6.8) | (1.7) | (6.6) | (11.6) |
Petroleum and chemical products | CD-E | 2.1 | (4.8) | 0.0 | (2.6) | (7.9) | (1.3) | (5.1) |
Other manufactured products | CF-M | 4.2 | (6.2) | 1.6 | (6.0) | 9.7 | 4.7 | (12.0) |
Electricity and gas | D | 1.8 | (8.1) | 8.6 | 1.4 | 2.5 | (2.9) | (9.8) |
Water supply and sewerage | E | 1.5 | 1.7 | (1.5) | 1.9 | 2.1 | (0.3) | 0.2 |
Construction | F | (2.7) | (4.2) | (3.8) | (0.1) | (5.4) | 7.1 | (7.0) |
Trade and repairs | G | 5.4 | (6.9) | (10.5) | (2.0) | 2.4 | (2.6) | (23.7) |
Transport and storage | H | (4.5) | (17.6) | 2.0 | 4.0 | (2.3) | (6.6) | (35.9) |
Accommodation and food services | I | (1.5) | (2.0) | (1.3) | (2.2) | (0.7) | (4.2) | (20.3) |
Information and communication | J | 2.4 | (2.1) | (1.6) | 0.1 | (0.1) | 2.0 | 0.1 |
Financial and insurance activities | K | 3.4 | 2.5 | 4.6 | 0.0 | 3.9 | 5.1 | 6.0 |
Real estate activities | L | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Professional, scientific and technical services | M | (14.3) | (2.4) | 3.6 | 11.1 | (4.4) | (0.3) | (0.5) |
Administrative and support services | N | 4.0 | 1.8 | (0.0) | 0.02 | 0.1 | (0.3) | (2.5) |
Public administration | O | 1.4 | 2.1 | 0.6 | (1.2) | 4.3 | 4.1 | 1.5 |
Education | P | 2.1 | (1.1) | 0.3 | (0.2) | 0.7 | 0.2 | (0.4) |
Human health and social work | Q | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 |
Arts, entertainment and recreation | R | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 0.2 |
Other service activities | S | (0.0) | 0.80 | 0.2 | 0.4 | 1.2 | (0.1) | (0.3) |
Domestic services | T | 1.2 | 1.2 | 1.1 | 1.1 | 1.2 | 1.2 | 1.1 |
Less FISIM2 | 3.2 | 1.3 | (1.5) | 2.1 | 18.8 | 32.7 | 35.9 | |
GDP AT BASIC PRICES3 | 0.9 | (5.6) | (2.0) | (1.1) | (0.9) | (1.9) | (10.0) | |
Taxes less subsidies on products | 18.4 | (5.0) | (28.7) | 42.0 | (9.3) | N/A | N/A | |
GDP AT PURCHASER PRICES4 | 1.5 | (5.6) | (3.0) | 0.1 | (1.2) | N/A | N/A | |
Of which5 | ||||||||
Crude oil exploration and extraction | (2.5) | (7.8) | (2.0) | (7.5) | (7.5) | 0.3 | (4.6) | |
Condensate extraction | (6.6) | (12.2) | 9.6 | (29.4) | (1.8) | (10.1) | (11.4) | |
Natural gas exploration and extraction | (6.6) | (13.6) | 0.2 | 7.4 | 0.3 | (5.1) | (5.2) | |
Asphalt | (23.3) | (22.1) | 36.6 | (27.3) | 31.9 | 21.4 | 9.6 | |
Petroleum support services | 26.5 | (30.2) | (17.2) | (4.3) | (11.5) | (32.2) | (72.9) | |
Refining (incl. LNG) | 1.1 | (3.4) | (4.4) | (4.5) | (30.2) | (5.3) | (4.1) | |
Manufacture of Petrochemicals | 3.7 | (6.4) | 3.6 | (1.2) | 9.6 | 0.8 | (5.9) | |
Petroleum and natural gas distribution | 1.8 | (8.9) | 8.1 | (0.6) | 3.1 | (4.7) | (15.4) |
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 period January to March compared to October to December r: Revised p: Provisional N/A: Not Available