Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Change in Productivity and Average Weekly Earnings /Percentage Change/

Appendix 12
Change in Productivity and Average Weekly Earnings
/Percentage Change/
2019/ 20202020/ 20212021/ 20222022/ 20232023/ 2024Jan '24/ Mar '24Jan '25/ Mar '25
Index of Productivity (Fiscal Year)
All workers/all industries (Base Year = 1995)-0.426.2106.265.3113.5116.0214.2
Non-Energy5.535.2134.872.8127.0133.1223.6
Food Processing13.831.641.141.960.982.630.3
Drink and Tobacco-1.655.0104.06.235.331.737.7
Textiles, Garments and Footwear0.9-2.1-3.5-5.2-7.0-7.0-7.2
Printing, Publishing and Paper Converters-12.2-13.1-10.9-12.31.46.8-12.4
Wood and Related Products0.45.04.1-1.2-1.5-1.2-2.6
Chemicals13.63.50.6-4.112.914.56.3
Assembly Type & Related Products15.098.7907.0171.5167.4231.5366.4
Miscellaneous Manufacturing0.719.48.5-1.38.713.3-4.0
Electricity6.3-0.77.1-6.05.816.9-0.3
Water3.68.3-2.61.1-1.72.41.5
Petrochemicals-10.315.5-22.6-13.6-9.723.9-3.9
Exploration and Production of Oil and Natural Gas0.2-3.97.5-5.0-15.7-15.0-17.7
Oil Refining-100.0n/an/an/an/an/an/a
Natural Gas Refining-9.8-23.1-1.2-18.122.519.31.3
Index of Average Weekly Earnings (Fiscal Year)
All workers/all industries (Base Year = 1995)-15.20.12.72.02.02.72.5
Source: Central Statistical Office
n/a - not applicable due to the closure of the Petrotrin Refinery in the 1st quarter of fiscal 2019.