Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Contribution/
|INDUSTRY||ISIC1||2017r||2018r||2019r||2020p||Q4* 2020p||Q1* 2021p||2021f|
|Agriculture, forestry and fishing||A||0.9||0.9||0.8||0.9||0.9||1.0||-|
|Mining and quarrying||B||19.6||18.8||18.3||17.5||17.1||18.2||17.8|
|Food, beverages and tobacco products||CA||3.2||3.7||4.2||4.3||4.6||4.2||-|
|Textiles, clothing, leather, wood, paper and printing||CB-C||0.7||0.7||0.6||0.6||0.7||0.7||-|
|Petroleum and chemical products||CD-E||14.0||13.8||12.9||12.1||11.3||12.7||11.8|
|Other manufactured products||CF-M||1.4||1.4||1.5||1.5||1.6||1.7||-|
|Electricity and gas||D||3.1||3.2||3.3||3.2||3.3||3.6||-|
|Water supply and sewerage||E||1.2||1.3||1.3||1.4||1.5||1.5||-|
|Trade and repairs||G||18.2||18.0||18.5||17.8||21.1||18.4||17.1|
|Transport and storage||H||3.3||3.4||3.4||2.6||2.5||2.6||-|
|Accommodation and food services||I||1.4||1.3||1.3||1.2||1.1||1.2||-|
|Information and communication||J||2.6||2.6||2.6||2.7||2.9||2.8||-|
|Financial and insurance activities||K||6.8||6.9||7.5||8.4||8.8||8.9||8.7|
|Real estate activities||L||2.0||2.0||2.0||2.2||2.3||2.3||-|
|Professional, scientific and technical services||M||1.6||1.8||1.7||1.8||1.9||1.5||-|
|Administrative and support services||N||2.4||2.4||2.5||2.6||2.7||2.7||-|
|Human health and social work||Q||0.4||0.4||0.4||0.4||0.4||0.5||-|
|Arts, entertainment and recreation||R||0.3||0.3||0.3||0.3||0.3||0.3||-|
|Other service activities||S||0.4||0.4||0.4||0.4||0.5||0.5||-|
|GDP AT BASIC PRICES3||96.9||96.5||96.8||95.9||100.0||100.0||-|
|Taxes less subsidies on products||3.1||3.5||3.2||4.1||N/A||N/A||-|
|GDP AT PURCHASER PRICES4||100.0||100.0||100.0||100.0||N/A||N/A||100.0|
|Crude oil exploration and extraction||6.9||6.4||5.9||6.2||6.4||6.6||7.4|
|Natural gas exploration and extraction||8.3||9.0||9.1||8.3||7.2||8.1||7.6|
|Petroleum support services||1.1||1.1||0.9||0.6||0.8||0.8||-|
|Refining (incl. LNG)||6.2||6.0||4.2||3.7||2.8||3.3||-|
|Manufacture of Petrochemicals||7.4||7.3||8.2||7.8||7.9||8.8||7.8|
|Petroleum and natural gas distribution||3.1||3.1||3.2||3.0||3.4||3.9||-|
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 percent contribution of GDP at basic prices for the period October to December 2020 and January to March 2021, respectively.
r: Revised p: Provisional f: Ministry of Finance Forecast N/A: Not Available