Government of the Republic of Trinidad and Tobago


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

INDUSTRYISIC12017r2018r2019r2020pQ4* 2020pQ1* 2021p2021f
Agriculture, forestry and fishingA1. -
Mining and quarryingB12.213.712.88.89.812.510.3
Food, beverages and tobacco productsCA5. -
Textiles, clothing, leather, wood, paper and printingCB-C0. -
Petroleum and chemical productsCD-E9.910.
Other manufactured productsCF-M1. -
Electricity and gasD1. -
Water supply and sewerageE1. -
Trade and repairsG24.221.723.526.129.825.224.9
Transport and storageH3. -
Accommodation and food servicesI1. -
Information and communicationJ2. -
Financial and insurance activitiesK7.
Real estate activitiesL2. -
Professional, scientific and technical servicesM2. -
Administrative and support servicesN2. -
Public administrationO8.
EducationP2. -
Human health and social workQ0. -
Arts, entertainment and recreationR0. -
Other service activitiesS0. -
Domestic servicesT0. -
Less FISIM2(2.5)(2.5)(2.6)(2.8)(2.9)(2.8) -
GDP AT BASIC PRICES396.395.996.395.1100.0100.0 -
Taxes less subsidies on products3. -
GDP AT PURCHASER PRICES4100.0100.0100.0100.0N/AN/A100.0
Of which5
Crude oil exploration and extraction3.
Condensate extraction1.
Natural gas exploration and extraction6.
Asphalt0. -
Petroleum support services1. -
Refining (incl. LNG) -
Manufacture of Petrochemicals4.
Petroleum and natural gas distribution1. -
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 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