Labor share of gdp in Trinidad and Tobago
Trinidad and Tobago: Labor share of gdp was 46 in 2020. ▲ Rising
Labor share of gdp in Trinidad and Tobago, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Trinidad and Tobago stood at 46. That is the highest value across all 17 years on record.
The figure is up 2.2% on the previous year and up 7.7% over ten years.
Over the whole period, labor share of gdp in Trinidad and Tobago peaked at 46 in 2020 and was at its lowest, 40.9, in 2006.
That places Trinidad and Tobago 95th out of 186 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labor share of gdp in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 41.9 | — |
| 2005 | 42.1 | +0.5% |
| 2006 | 40.9 | -2.9% |
| 2007 | 42.4 | +3.7% |
| 2008 | 42.6 | +0.5% |
| 2009 | 44 | +3.3% |
| 2010 | 42.7 | -3.0% |
| 2011 | 44.7 | +4.7% |
| 2012 | 44.2 | -1.1% |
| 2013 | 44.4 | +0.5% |
| 2014 | 45.1 | +1.6% |
| 2015 | 44 | -2.4% |
| 2016 | 45.9 | +4.3% |
| 2017 | 45.4 | -1.1% |
| 2018 | 45.1 | -0.7% |
| 2019 | 45 | -0.2% |
| 2020 | 46 | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.32 | 40.9 | 44 | 6 |
| 2010s | 44.65 | 42.7 | 45.9 | 10 |
| 2020s | 46 | 46 | 46 | 1 |
Countries ranked near Trinidad and Tobago
More work & labour data for Trinidad and Tobago
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.9186 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.882 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.9542 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.53 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2012 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 812.28 1000 No (2050)
- Population - Est. & Proj. — Rural population 482.78 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.57 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 442.79 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 898.36 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Trinidad and Tobago?
- Labor share of gdp in Trinidad and Tobago was 46 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 46 in 2020.
- What is the lowest labor share of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 40.9 in 2006.
- How does Trinidad and Tobago rank for labor share of gdp?
- Trinidad and Tobago ranks 95th out of 186 countries with data for 2020.
- Is labor share of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).