Gross Domestic Product of Trinidad and Tobago at Market Prices (Current Prices) /Percentage Contribution/
|INDUSTRY||ISIC1||2017r||2018r||2019r||2020p||Q4* 2020p||Q1* 2021p||2021f|
|Agriculture, forestry and fishing||A||1.2||1.0||1.0||1.1||1.1||1.1||-|
|Mining and quarrying||B||12.2||13.7||12.8||8.8||9.8||12.5||10.3|
|Food, beverages and tobacco products||CA||5.2||6.0||6.5||7.0||7.3||6.1||-|
|Textiles, clothing, leather, wood, paper and printing||CB-C||0.8||0.8||0.8||0.8||0.9||0.9||-|
|Petroleum and chemical products||CD-E||9.9||10.6||9.0||6.9||7.0||9.9||8.2|
|Other manufactured products||CF-M||1.8||1.7||1.8||1.8||1.6||1.7||-|
|Electricity and gas||D||1.7||2.1||1.9||2.0||2.2||2.5||-|
|Water supply and sewerage||E||1.3||1.2||1.2||1.3||1.3||1.2||-|
|Trade and repairs||G||24.2||21.7||23.5||26.1||29.8||25.2||24.9|
|Transport and storage||H||3.5||3.6||3.6||3.0||2.7||2.8||-|
|Accommodation and food services||I||1.6||1.6||1.6||1.6||1.5||1.4||-|
|Information and communication||J||2.4||2.2||2.3||2.5||2.5||2.3||-|
|Financial and insurance activities||K||7.5||7.2||7.9||7.8||7.5||7.2||7.7|
|Real estate activities||L||2.0||2.0||2.0||2.3||2.3||2.2||-|
|Professional, scientific and technical services||M||2.0||2.2||2.1||2.4||2.4||2.4||-|
|Administrative and support services||N||2.9||2.9||2.9||3.2||3.2||4.0||-|
|Human health and social work||Q||0.5||0.5||0.6||0.6||0.7||0.6||-|
|Arts, entertainment and recreation||R||0.3||0.3||0.3||0.3||0.3||0.3||-|
|Other service activities||S||0.5||0.5||0.5||0.6||0.6||0.6||-|
|GDP AT BASIC PRICES3||96.3||95.9||96.3||95.1||100.0||100.0||-|
|Taxes less subsidies on products||3.7||4.1||3.7||4.9||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||3.5||4.0||3.6||2.6||2.7||3.6||4.2|
|Natural gas exploration and extraction||6.0||7.3||6.9||4.6||5.2||6.7||4.3|
|Petroleum support services||1.1||1.0||0.9||0.5||0.7||0.7||-|
|Refining (incl. LNG)||4.8||4.8||3.8||2.3||2.1||2.9||-|
|Manufacture of Petrochemicals||4.4||5.1||4.4||3.7||4.1||6.2||4.5|
|Petroleum and natural gas distribution||1.7||2.1||2.0||1.9||2.0||2.7||-|
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 2020 and January to March 2021, respectively.
r: Revised p: Provisional f: Ministry of Finance Forecast N/A: Not Available