Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Contribution/
|INDUSTRY||ISIC1||2018r||2019r||2020r||2021p||Q4* 2021p||Q1* 2022p||2022f|
|Agriculture, forestry and fishing||A||0.8||0.5||0.7||0.6||0.6||0.6||-|
|Mining and quarrying||B||17.9||17.2||16.5||15.8||15.9||16.3||15.7|
|Food, beverages and tobacco products||CA||3.5||3.8||3.9||4.5||4.9||5.6||5.2|
|Textiles, clothing, leather, wood, paper and printing||CB-C||0.6||0.5||0.5||0.5||0.5||0.5||-|
|Petroleum and chemical products||CD-E||13.1||12.2||11.5||11.1||11.2||11.5||11.4|
|Other manufactured products||CF-M||1.3||1.4||1.4||1.5||1.4||1.6||-|
|Electricity and gas||D||3.0||3.0||2.9||3.2||3.2||3.3||-|
|Water supply and sewerage||E||1.2||1.2||1.3||1.4||1.4||1.5||-|
|Trade and repairs||G||22.1||23.3||22.4||21.6||25.0||22.2||23.1|
|Transport and storage||H||3.2||3.2||2.5||2.5||2.8||3.0||2.9|
|Accommodation and food services||I||1.3||1.3||1.1||1.1||1.2||1.3||-|
|Information and communication||J||2.7||2.8||3.0||3.0||3.1||3.2||-|
|Financial and insurance activities||K||6.5||7.0||7.9||8.2||8.4||8.8||8.1|
|Real estate activities||L||1.9||1.9||2.1||2.1||2.2||2.2||-|
|Professional, scientific and technical services||M||1.7||1.7||1.9||1.9||1.9||2.0||-|
|Administrative and support services||N||2.4||2.4||2.6||2.6||2.6||2.8||-|
|Human health and social work||Q||0.4||0.4||0.4||0.4||0.4||0.4||-|
|Arts, entertainment and recreation||R||0.2||0.2||0.3||0.3||0.3||0.3||-|
|Other service activities||S||0.2||0.2||0.2||0.3||0.3||0.3||-|
|GDP AT BASIC PRICES3||96.7||97.0||96.1||95.5||100.0||100.0||-|
|Taxes less subsidies on products||3.3||3.0||3.9||4.5||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||6.1||5.6||5.8||6.4||6.9||6.8||6.6|
|Natural gas exploration and extraction||8.5||8.6||7.9||6.6||6.6||7.3||6.8|
|Petroleum support services||1.0||0.9||0.5||0.8||0.7||0.4||-|
|Refining (incl. LNG)||5.7||4.0||3.5||2.5||2.6||3.0||-|
|Manufacture of Petrochemicals||6.9||7.8||7.4||8.1||8.0||7.9||8.3|
|Petroleum and natural gas distribution||2.9||3.0||2.8||3.5||3.5||3.7||-|
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 2021 and January to March 2022, respectively.
r: Revised p: Provisional f: Ministry of Finance Forecast N/A: Not Available