Trinidad and Tobago GDP Growth Rate (2026)
Trinidad and Tobago has a Caribbean economy supported by energy, petrochemicals, services, manufacturing, and domestic consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+0.8%
Annual real GDP growth
World Rank
#172
Out of 195 countries
Change vs 2025
0.0 pp
2025: +0.8%
North America Rank
#20
Out of 23 countries
1. Trinidad and Tobago GDP Growth Rate in 2026
Economic growth is strongly influenced by natural gas production, petrochemicals, energy prices, investment, and domestic demand. Industrial output remains especially important.
2. Trinidad and Tobago GDP Growth Rate Trends (1980–2026)
The country’s growth history has been closely linked to energy cycles, industrial investment, and changes in global commodity demand. Hydrocarbons have long dominated exports.
3. Trinidad and Tobago GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +0.8% | 0.0 pp |
| 2025 | +0.8% | -1.7 pp |
| 2024 | +2.5% | +1.0 pp |
| 2023 | +1.5% | +0.6 pp |
| 2022 | +0.9% | +1.6 pp |
| 2021 | -0.7% | +8.1 pp |
| 2020 | -8.8% | -9.3 pp |
| 2019 | +0.5% | +1.4 pp |
| 2018 | -0.9% | +4.0 pp |
| 2017 | -4.9% | +2.6 pp |
| 2016 | -7.5% | -7.1 pp |
| 2015 | -0.4% | -4.1 pp |
| 2014 | +3.7% | +0.3 pp |
| 2013 | +3.4% | -1.2 pp |
| 2012 | +4.6% | +4.8 pp |
| 2011 | -0.2% | -3.7 pp |
| 2010 | +3.5% | +8.3 pp |
| 2009 | -4.8% | -8.1 pp |
| 2008 | +3.3% | -1.0 pp |
| 2007 | +4.3% | -9.9 pp |
| 2006 | +14.2% | +8.3 pp |
| 2005 | +5.9% | -1.4 pp |
| 2004 | +7.3% | -6.6 pp |
| 2003 | +13.9% | +6.7 pp |
| 2002 | +7.2% | +3.5 pp |
| 2001 | +3.7% | -3.2 pp |
| 2000 | +6.9% | -1.1 pp |
| 1999 | +8.0% | -0.1 pp |
| 1998 | +8.1% | +0.6 pp |
| 1997 | +7.5% | +0.4 pp |
| 1996 | +7.1% | +3.3 pp |
| 1995 | +3.8% | +0.2 pp |
| 1994 | +3.6% | +4.3 pp |
| 1993 | -0.7% | -10.8 pp |
| 1992 | +10.1% | +7.0 pp |
| 1991 | +3.1% | +1.6 pp |
| 1990 | +1.5% | +2.3 pp |
| 1989 | -0.8% | +3.1 pp |
| 1988 | -3.9% | +0.7 pp |
| 1987 | -4.6% | -1.3 pp |
| 1986 | -3.3% | +0.8 pp |
| 1985 | -4.1% | +1.7 pp |
| 1984 | -5.8% | +4.5 pp |
| 1983 | -10.3% | -14.1 pp |
| 1982 | +3.8% | -0.8 pp |
| 1981 | +4.6% | -5.8 pp |
| 1980 | +10.4% | — |
4. Trinidad and Tobago GDP Growth Performance
Current Growth Rate
+0.8%
(2026 to 2026)
5-Year Average
+1.3%
(2022 to 2026)
10-Year Average
-0.8%
(2017 to 2026)
20-Year Average
+0.1%
(2007 to 2026)
The economy benefits from an established energy sector and relatively developed industrial base, but declining production and limited diversification can constrain growth.
5. Trinidad and Tobago GDP Growth Rate vs North America and World
Trinidad and Tobago
+0.8%
North America Average
+2.2%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Trinidad and Tobago’s GDP growth rate is approximately
1.4 pp
below the
North America average
and
2.0 pp
below the world average.
6. Trinidad and Tobago GDP Growth Rate Ranking in North America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #15 | Bahamas | +2.1% |
| #16 | Saint Kitts & Nevis | +2.0% |
| #17 | Saint Lucia | +2.0% |
| #18 | Mexico | +1.6% |
| #19 | Canada | +1.5% |
| #20 | Trinidad and Tobago | +0.8% |
| #21 | Jamaica | -1.2% |
| #22 | Haiti | -1.7% |
| #23 | Cuba | -1.9% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Trinidad and Tobago
Trinidad and Tobago GDP (Nominal)
$26.8 Billion
(2026)
Trinidad and Tobago GDP Growth Rate
+0.8%
(2026)
Trinidad and Tobago’s growth is more sensitive to energy markets than most Caribbean economies. This can create greater volatility in relative performance.
Explore more:
Trinidad and Tobago GDP
9. Trinidad and Tobago GDP Growth Rate Forecast
The outlook depends on energy investment, production, diversification, and domestic demand. Commodity dependence and weak non-energy growth remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +3.0% | +2.2 pp |
| 2028 | +3.5% | +0.5 pp |
| 2029 | +2.8% | -0.7 pp |
| 2030 | +2.1% | -0.7 pp |
10. Trinidad and Tobago GDP Growth Rate: Key Findings
Trinidad and Tobago GDP growth rate is estimated at +0.8% in 2026.
It ranks #172 globally and #20 in North America by annual GDP growth rate.
The growth rate slowed by 0.0 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.3%.
The 10-year average GDP growth rate is -0.8%.
The current rate is 1.4 percentage points below the North America average.
The current rate is 2.0 percentage points below the world average.
The forecast GDP growth rate is +2.1% in 2030, 1.3 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Trinidad and Tobago GDP Growth Rate FAQs
Trinidad and Tobago GDP growth rate is estimated at +0.8% in 2026.
Trinidad and Tobago ranks #172 globally and #20 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.8% in 2026.
Trinidad and Tobago GDP growth rate was -0.4% in 2015.
Trinidad and Tobago GDP growth rate is 1.4 percentage points below the North America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.