The Gross Domestic Product (GDP) in Trinidad and Tobago expanded 2.60 percent in the second quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Trinidad and Tobago averaged 2.12 percent from 1991 until 2025, reaching an all time high of 20.60 percent in the second quarter of 2003 and a record low of -14.50 percent in the second quarter of 2020. source: Central Statistical Office

GDP Annual Growth Rate in Trinidad and Tobago is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago GDP Annual Growth Rate is projected to trend around 2.40 percent in 2027 and 2.10 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP 26.43 25.49 USD Billion Dec 2024
GDP Annual Growth Rate 2.60 -2.10 percent Jun 2025
GDP Growth Rate -7.60 2.70 percent Mar 2025
GDP per Capita 16179.46 15926.32 USD Dec 2024
GDP per Capita PPP 31689.73 31193.92 USD Dec 2024


Trinidad and Tobago GDP Annual Growth Rate
Trinidad and Tobago is one of the richest countries in the Caribbean. The most important sector of the economy is oil and gas production which accounts for around 40 percent of GDP, but employs only 5 percent of the labour force. Trinidad and Tobago is also a major producer of ammonia and methanol. In recent years, services like finance and tourism have been rapidly expanding as the government is trying to diversify the economy. Yet, corruption, poor infrastructure and drug related crime are the major obstacles to growth in the private sector and tourism.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 -2.10 20.60 -14.50 1991 - 2025 percent Quarterly
Constant Prices