Trinidad and Tobago Gross Fixed Capital Formation
Investment in fixed assets (machinery, buildings, infrastructure) as a share of GDP.
Gross Fixed Capital Formation in Trinidad and Tobago increased to 18.99 percent of GDP in 2023 from 17.18 percent of GDP in 2022.
Trinidad and Tobago Gross Fixed Capital Formation — History
Drag or pinch to zoom.
Trinidad and Tobago Gross Fixed Capital Formation — analysis in simple words
Latest reading
Gross Fixed Capital Formation in Trinidad and Tobago increased to 18.99 percent of GDP in 2023 from 17.18 percent of GDP in 2022.
Over the last three years it rose once and fell twice.
Recent trend
A year earlier (2022) it was 17.2%, so the latest figure is 1.8 percentage points higher.
Over the past five years the average was 19.6%, with a range from 17.2% to 21.0%. The latest value is below that five-year average.
Historical context
This data series starts in 2000 and has 24 annual observations. The latest reading is higher than 21% of all of them.
The highest value on record is 31.4% (2009) and the lowest is 10.9% (2005). The long-run average is 21.0%.
Compared with other countries
Among 170 economies with recent data, Trinidad and Tobago ranks 125th from the top. The median across all these economies is 22.1%, so Trinidad and Tobago is below the typical country.
Within Latin America & Caribbean (24 economies with data) it ranks 13th; the regional median is 19.5%.
Statistics
- Latest
- 19.0%2023
- Previous
- 17.2%
- 5-year average
- 19.6%
- Long-run average
- 21.0%since 2000
- All-time high
- 31.4%2009
- All-time low
- 10.9%2005
- Observations
- 24Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2023 | 19.0% | ▲ +1.8 pp |
| 2022 | 17.2% | ▼ −3.1 pp |
| 2021 | 20.3% | ▼ −0.2 pp |
| 2020 | 20.5% | ▼ −0.5 pp |
| 2019 | 21.0% | ▼ −1.9 pp |
| 2018 | 22.9% | ▲ +2.0 pp |
| 2017 | 20.9% | ▲ +1.4 pp |
| 2016 | 19.6% | ▼ −6.0 pp |
| 2015 | 25.5% | ▲ +5.8 pp |
| 2014 | 19.7% | ▼ −1.1 pp |
| 2013 | 20.8% | ▼ −0.0 pp |
| 2012 | 20.8% | ▼ −1.1 pp |
| 2011 | 21.9% | ▼ −1.2 pp |
| 2010 | 23.1% | ▼ −8.3 pp |
| 2009 | 31.4% | ▲ +8.4 pp |
| 2008 | 23.0% | ▼ −3.5 pp |
| 2007 | 26.5% | ▲ +10.9 pp |
| 2006 | 15.6% | ▲ +4.7 pp |
| 2005 | 10.9% | ▼ −5.1 pp |
| 2004 | 16.0% | ▼ −8.2 pp |
| 2003 | 24.2% | ▲ +2.4 pp |
| 2002 | 21.9% | ▼ −4.5 pp |
| 2001 | 26.4% | ▲ +10.8 pp |
| 2000 | 15.6% |
Gross Fixed Capital Formation — Trinidad and Tobago vs Peers
Latest available reading for each economy (periods may differ). Trinidad and Tobago highlighted.
More Trinidad and Tobago indicators
Understanding Gross Fixed Capital Formation — a simple guide
What it measures
Investment in fixed assets — machinery, buildings, infrastructure — as a share of GDP.
How it is calculated
Spending on new machinery, buildings, roads and other fixed assets ÷ GDP × 100.
A ratio of 30% means nearly a third of output is invested in future capacity.
High investment supports future growth.
Low investment can limit future productive capacity.
Why it matters for the economy and markets
Investment builds future productive capacity and is a key driver of long-term growth.
How to read it
Very high ratios can signal rapid catch-up growth but also over-investment risk.
Data source
World Bank — World Development Indicators (series NE.GDI.FTOT.ZS), annual data from 2000 to 2023. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current gross fixed capital formation of Trinidad and Tobago?
What is the highest and lowest gross fixed capital formation of Trinidad and Tobago?
What does gross fixed capital formation measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.