Government of the Republic of Trinidad and Tobago


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

INDUSTRYISIC12017r2018r2019r2020pQ4* 2020pQ1* 2021p2021f
Agriculture, forestry and fishingA12.1(11.4)(3.3)(0.2)1.11.3 -
Mining and quarryingB27.915.2(6.3)(38.4)(27.3)20.222.0
Food, beverages and tobacco productsCA(21.5)17.69.5(4.3)(6.0)(7.7) -
Textiles, clothing, leather, wood, paper and printingCB-C(0.1)2.62.8(6.4)(0.6)0.9 -
Petroleum and chemical productsCD-E5.39.8(15.6)(31.2)(24.0)17.525.1
Other manufactured productsCF-M23.2(2.8)0.8(9.3)(23.7)(5.8) -
Electricity and gasD75.330.9(8.8)(6.2)(0.4)21.6 -
Water supply and sewerageE(14.1)(2.7)(3.7)(6.1)(6.6)(3.6) -
Trade and repairsG9.1(8.0)8.4(0.8)5.0(4.2)(0.1)
Transport and storageH3.24.4(1.1)(25.7)(27.9)(22.1) -
Accommodation and food servicesI(2.6)(1.5)1.1(13.2)(18.3)(17.6) -
Information and communicationJ19.9(2.7)1.6(3.5)(5.7)(4.5) -
Financial and insurance activitiesK17.6(1.9)10.1(12.0)(14.9)(10.7)2.8
Real estate activitiesL1. -
Professional, scientific and technical servicesM4.712.0(3.7) -
Administrative and support servicesN1.00.90.9(1.0)(1.3)28.0 -
Public administrationO(1.8)(3.3)0.50.6(1.0)0.31.6
EducationP(6.7)(0.1)0.7(0.3)(0.4)(0.3) -
Human health and social workQ5.3(0.4) -
Arts, entertainment and recreationR(3.4)1.10.5(0.2)(0.1)0.3 -
Other service activitiesS1. -
Domestic servicesT1. -
Less FISIM216.62.51.8(1.8)(8.0)(2.2) -
GDP AT BASIC PRICES36.12.20.4(11.7)(8.0)0.9 -
Taxes less subsidies on products(11.5)14.6(9.6)20.1N/AN/A -
GDP AT PURCHASER PRICES45.32.60.0(10.5)N/AN/A4.5
Of which5
Crude oil exploration and extraction26.715.2(8.3)(36.0)(35.8)21.469.4
Condensate extraction40.2(12.1)(2.2)(36.2)(20.9)25.738.1
Natural gas exploration and extraction40.025.9(5.6)(40.2)(23.2)17.8(1.9)
Asphalt13.8(31.7)6.824.620.611.6 -
Petroleum support services(16.2)(3.3)(10.6)(45.4)(33.5)24.5 -
Refining (incl. LNG)(11.7)3.2(20.3)(46.5)(47.2)(0.9) -
Manufacture of Petrochemicals31.917.8(13.7)(23.8)(9.9)30.524.9
Petroleum and natural gas distribution174.527.0(6.2)(16.6)(9.2)24.2 -
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