Monthly minimum wage, annual growth rate in Trinidad and Tobago
Trinidad and Tobago: Monthly minimum wage, annual growth rate was 17.12 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage, annual growth rate in Trinidad and Tobago, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, monthly minimum wage, annual growth rate in Trinidad and Tobago stood at 17.12 % change on previous year.
The figure is up 700.3% over five years.
Over the whole period, monthly minimum wage, annual growth rate in Trinidad and Tobago peaked at 38.89 % change on previous year in 2010 and was at its lowest, -2.85 % change on previous year, in 2019.
That places Trinidad and Tobago 27th out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage, annual growth rate in Trinidad and Tobago, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 0 % change on previous year | — |
| 2007 | 0 % change on previous year | — |
| 2008 | 20 % change on previous year | — |
| 2009 | 0 % change on previous year | -100.0% |
| 2010 | 38.89 % change on previous year | — |
| 2011 | 0 % change on previous year | -100.0% |
| 2012 | 0 % change on previous year | — |
| 2013 | 0 % change on previous year | — |
| 2014 | 0 % change on previous year | — |
| 2015 | 20 % change on previous year | — |
| 2016 | 0 % change on previous year | -100.0% |
| 2017 | 0 % change on previous year | — |
| 2018 | 0 % change on previous year | — |
| 2019 | -2.85 % change on previous year | — |
| 2020 | 0 % change on previous year | -100.0% |
| 2021 | 0 % change on previous year | — |
| 2022 | 0 % change on previous year | — |
| 2023 | 0 % change on previous year | — |
| 2024 | 17.12 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5 % change on previous year | 0 % change on previous year | 20 % change on previous year | 4 |
| 2010s | 5.6 % change on previous year | -2.85 % change on previous year | 38.89 % change on previous year | 10 |
| 2020s | 3.42 % change on previous year | 0 % change on previous year | 17.12 % change on previous year | 5 |
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 monthly minimum wage, annual growth rate in Trinidad and Tobago?
- Monthly minimum wage, annual growth rate in Trinidad and Tobago was 17.12 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage, annual growth rate recorded in Trinidad and Tobago?
- The highest recorded value was 38.89 % change on previous year in 2010.
- What is the lowest monthly minimum wage, annual growth rate recorded in Trinidad and Tobago?
- The lowest recorded value was -2.85 % change on previous year in 2019.
- How does Trinidad and Tobago rank for monthly minimum wage, annual growth rate?
- Trinidad and Tobago ranks 27th out of 168 countries with data for 2024.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.