Services sector share of GDP in Trinidad & Tobago

The share of value added by the services industry to gross domestic product in Trinidad & Tobago declined to 54.02 percent in 2021. Nevertheless, the last two years recorded a significant higher share than the preceding years.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources

Find more statistics on other topics about Trinidad & Tobago with key insights such as value added by the services industry to the gross domestic product, value added by the agriculture, forestry and fishing sector to the gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.

Share of value added by the services industry to gross domestic product (GDP) in Trinidad and Tobago from 2006 to 2021

Characteristic	Share of GDP
2021	54.02%
2020	63.64%
2019	60.21%
2018	57.24%
2017	60.52%
2016	61.71%
2015	59.49%
2014	53.31%
2013	51.36%
2012	49.46%
2011	42.99%
2010	45.51%
2009	46.53%
2008	35.18%
2007	39.5%
2006	38.04%

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

June 2023

More information

Region

Trinidad & Tobago

Survey time period

2006 to 2021

Supplementary notes

Data represents the share of value added by wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

The source does not provide a date of release, the date given is the one of last access.
Figures have been rounded.

Citation formats