Government of the Republic of Trinidad and Tobago


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

INDUSTRYISIC12015r2016r2017r2018r2019pQ1* 2020pQ2 2020p
Agriculture, forestry and fishingA28.60.012.1(11.4)(3.5)(0.9)(1.6)
Mining and quarryingB(42.0)(33.7)28.215.1(6.1)(32.2)(51.3)
Food, beverages and tobacco productsCA29.326.3(13.6)
Textiles, clothing, leather, wood, paper and printingCB-C(1.1)(0.9)(1.2)(4.1)(1.0)(6.3)(10.9)
Petroleum and chemical productsCD-E(27.9)
Other manufactured productsCF-M(16.7)9.223.3(2.8)0.6(5.4)(15.5)
Electricity and gasD(39.2)(59.9)75.330.9(8.8)(4.8)(8.7)
Water supply and sewerageE9.44.7(14.1)(2.7)(3.7)(6.3)(6.6)
Trade and repairsG(3.0)(6.7)(4.3)(1.2)0.5(2.7)(21.3)
Transport and storageH3.
Accommodation and food servicesI(0.3)(0.9)
Information and communicationJ(8.5)(3.3)(5.1)(2.3)1.6(0.4)(4.5)
Financial and insurance activitiesK1.4(0.01)
Real estate activitiesL1.
Professional, scientific and technical servicesM1.0(1.6)4.712.0(3.7)0.00.1
Administrative and support servicesN11.
Public administrationO12.80.7(0.4)(1.2)
Human health and social workQ11.8(4.6)5.3(0.4)14.7(0.8)4.3
Arts, entertainment and recreationR0.5(12.3)(3.4)1.10.5(0.3)(0.2)
Other service activitiesS9.
Domestic servicesT13.
Less FISIM2(0.5)2.616.
GDP AT BASIC PRICES3(11.2)(6.4)3.14.3(1.9)(8.1)(17.4)
Taxes less subsidies on products22.9(3.0)(27.9)43.5(10.2)N/AN/A
GDP AT PURCHASER PRICES4(10.1)(6.2)1.75.6(2.2)N/AN/A
Of which5
Crude oil exploration and extraction(46.1)(19.7)26.715.2(8.3)(20.0)(52.4)
Condensate extraction(52.0)(23.2)40.2(12.1)(2.2)(28.3)(55.8)
Natural gas exploration and extraction(44.1)(43.0)40.025.9(4.7)(37.9)(47.4)
Petroleum support services4.0(32.4)(16.2)(3.3)(10.6)(32.1)(72.8)
Refining (incl. LNG)(47.4)85.2(11.7)1.3(20.6)(49.0)(41.6)
Manufacture of Petrochemicals(12.6)(33.1)31.917.7(15.1)(13.8)(31.0)
Petroleum and natural gas distribution(43.0)(73.9)174.529.1(13.9)(10.6)(23.6)
Source: Central Statistical Office
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