Natural resource rents in Trinidad and Tobago
Trinidad and Tobago: Natural resource rents was 7.86 in 2021. ▼ Falling
Natural resource rents in Trinidad and Tobago, 1970–2021
Source: Our World in Data.
Analysis
Trinidad and Tobago recorded 7.86 for natural resource rents in 2021.
That represents a change of up 33.6% on the previous year and down 62.9% over ten years.
Over the whole period, natural resource rents in Trinidad and Tobago peaked at 34.62 in 1979 and was at its lowest, 2.67, in 1970.
That places Trinidad and Tobago 58th out of 211 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Natural resource rents in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 2.67 | — |
| 1971 | 3.69 | +38.4% |
| 1972 | 3.94 | +6.9% |
| 1973 | 6.78 | +72.0% |
| 1974 | 27.06 | +299.2% |
| 1975 | 25.33 | -6.4% |
| 1976 | 26.2 | +3.4% |
| 1977 | 18.64 | -28.8% |
| 1978 | 18.2 | -2.4% |
| 1979 | 34.62 | +90.2% |
| 1980 | 31.71 | -8.4% |
| 1981 | 26.52 | -16.4% |
| 1982 | 10.14 | -61.7% |
| 1983 | 13.45 | +32.6% |
| 1984 | 14.81 | +10.1% |
| 1985 | 15.64 | +5.6% |
| 1986 | 10.24 | -34.5% |
| 1987 | 14.46 | +41.2% |
| 1988 | 11.68 | -19.2% |
| 1989 | 17.8 | +52.4% |
| 1990 | 20.59 | +15.7% |
| 1991 | 11.51 | -44.1% |
| 1992 | 10.82 | -6.0% |
| 1993 | 12.35 | +14.2% |
| 1994 | 11.42 | -7.6% |
| 1995 | 12.37 | +8.3% |
| 1996 | 14 | +13.2% |
| 1997 | 12.43 | -11.2% |
| 1998 | 6.56 | -47.2% |
| 1999 | 10.49 | +59.9% |
| 2000 | 14.08 | +34.2% |
| 2001 | 10.17 | -27.8% |
| 2002 | 11.9 | +17.0% |
| 2003 | 10.65 | -10.5% |
| 2004 | 10.83 | +1.7% |
| 2005 | 16.07 | +48.3% |
| 2006 | 18.39 | +14.5% |
| 2007 | 15.96 | -13.2% |
| 2008 | 15.27 | -4.3% |
| 2009 | 16.15 | +5.7% |
| 2010 | 13.5 | -16.4% |
| 2011 | 21.19 | +56.9% |
| 2012 | 19.05 | -10.1% |
| 2013 | 18.94 | -0.5% |
| 2014 | 15.6 | -17.6% |
| 2015 | 7.54 | -51.7% |
| 2016 | 4.12 | -45.3% |
| 2017 | 5.76 | +39.8% |
| 2018 | 11.23 | +95.0% |
| 2019 | 11.07 | -1.5% |
| 2020 | 5.88 | -46.9% |
| 2021 | 7.86 | +33.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 7.86 is above the median for high income countries, which is 0.1193, 65.9× the median. (82 countries reporting)
- Trinidad and Tobago's 7.86 is above the median for Latin America & Caribbean, which is 0.6644, 11.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Natural resource rents in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +299.2% | 6.78 | 27.06 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.71 | 2.67 | 34.62 | 10 |
| 1980s | 16.64 | 10.14 | 31.71 | 10 |
| 1990s | 12.25 | 6.56 | 20.59 | 10 |
| 2000s | 13.95 | 10.17 | 18.39 | 10 |
| 2010s | 12.8 | 4.12 | 21.19 | 10 |
| 2020s | 6.87 | 5.88 | 7.86 | 2 |
Countries ranked near Trinidad and Tobago
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is natural resource rents in Trinidad and Tobago?
- Natural resource rents in Trinidad and Tobago was 7.86 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Trinidad and Tobago?
- The highest recorded value was 34.62 in 1979.
- What is the lowest natural resource rents recorded in Trinidad and Tobago?
- The lowest recorded value was 2.67 in 1970.
- How does Trinidad and Tobago rank for natural resource rents?
- Trinidad and Tobago ranks 58th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 62.9%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).