Total natural resource rents in Trinidad and Tobago
Trinidad and Tobago: Total natural resource rents was 7.9% in 2021. ▼ Falling
Total natural resource rents in Trinidad and Tobago, 1970–2021
Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Trinidad and Tobago recorded 7.9% for total 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, total natural resource rents in Trinidad and Tobago peaked at 34.6% in 1979 and was at its lowest, 2.7%, 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.
Total natural resource rents in Trinidad and Tobago, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.7% | — |
| 1971 | 3.7% | +38.4% |
| 1972 | 3.9% | +6.9% |
| 1973 | 6.8% | +72.0% |
| 1974 | 27.1% | +299.2% |
| 1975 | 25.3% | -6.4% |
| 1976 | 26.2% | +3.4% |
| 1977 | 18.6% | -28.8% |
| 1978 | 18.2% | -2.4% |
| 1979 | 34.6% | +90.2% |
| 1980 | 31.7% | -8.4% |
| 1981 | 26.5% | -16.4% |
| 1982 | 10.1% | -61.7% |
| 1983 | 13.5% | +32.6% |
| 1984 | 14.8% | +10.1% |
| 1985 | 15.6% | +5.6% |
| 1986 | 10.2% | -34.5% |
| 1987 | 14.5% | +41.2% |
| 1988 | 11.7% | -19.2% |
| 1989 | 17.8% | +52.4% |
| 1990 | 20.6% | +15.7% |
| 1991 | 11.5% | -44.1% |
| 1992 | 10.8% | -6.0% |
| 1993 | 12.4% | +14.2% |
| 1994 | 11.4% | -7.6% |
| 1995 | 12.4% | +8.3% |
| 1996 | 14.0% | +13.2% |
| 1997 | 12.4% | -11.2% |
| 1998 | 6.6% | -47.2% |
| 1999 | 10.5% | +59.9% |
| 2000 | 14.1% | +34.2% |
| 2001 | 10.2% | -27.8% |
| 2002 | 11.9% | +17.0% |
| 2003 | 10.7% | -10.5% |
| 2004 | 10.8% | +1.7% |
| 2005 | 16.1% | +48.3% |
| 2006 | 18.4% | +14.5% |
| 2007 | 16.0% | -13.2% |
| 2008 | 15.3% | -4.3% |
| 2009 | 16.1% | +5.7% |
| 2010 | 13.5% | -16.4% |
| 2011 | 21.2% | +56.9% |
| 2012 | 19.0% | -10.1% |
| 2013 | 18.9% | -0.5% |
| 2014 | 15.6% | -17.6% |
| 2015 | 7.5% | -51.7% |
| 2016 | 4.1% | -45.3% |
| 2017 | 5.8% | +39.8% |
| 2018 | 11.2% | +95.0% |
| 2019 | 11.1% | -1.5% |
| 2020 | 5.9% | -46.9% |
| 2021 | 7.9% | +33.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 7.9% is above the median for high income countries, which is 0.1%, 65.9× the median. (82 countries reporting)
- Trinidad and Tobago's 7.9% is above the median for Latin America & Caribbean, which is 0.7%, 11.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total 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% | 6.8% | 27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.7% | 2.7% | 34.6% | 10 |
| 1980s | 16.6% | 10.1% | 31.7% | 10 |
| 1990s | 12.3% | 6.6% | 20.6% | 10 |
| 2000s | 13.9% | 10.2% | 18.4% | 10 |
| 2010s | 12.8% | 4.1% | 21.2% | 10 |
| 2020s | 6.9% | 5.9% | 7.9% | 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 total natural resource rents in Trinidad and Tobago?
- Total natural resource rents in Trinidad and Tobago was 7.9% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
- What is the highest total natural resource rents recorded in Trinidad and Tobago?
- The highest recorded value was 34.6% in 1979.
- What is the lowest total natural resource rents recorded in Trinidad and Tobago?
- The lowest recorded value was 2.7% in 1970.
- How does Trinidad and Tobago rank for total natural resource rents?
- Trinidad and Tobago ranks 58th out of 211 countries with data for 2021.
- Is total 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 The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total 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).
About this data
Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.