Data / Gross fixed capital formation, share of GDP / Trinidad and Tobago

Gross fixed capital formation, share of GDP in Trinidad and Tobago

Gross fixed capital formation, share of GDP in Trinidad and Tobago was 19% of GDP in 2023, according to the World Bank. That is up 1.8 pts from 2022.

2023, % of GDP19
Change on 2022+1.8 pts
Series high31.42009
Series low10.92005

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Gross fixed capital formation, share of GDP in Trinidad and Tobago, 2000 to 2023

10152025303520002004200820122016202020232000: 15.6 % of GDP2001: 26.4 % of GDP2002: 21.9 % of GDP2003: 24.2 % of GDP2004: 16 % of GDP2005: 10.9 % of GDP2006: 15.6 % of GDP2007: 26.5 % of GDP2008: 23 % of GDP2009: 31.4 % of GDP2010: 23.1 % of GDP2011: 21.9 % of GDP2012: 20.8 % of GDP2013: 20.8 % of GDP2014: 19.7 % of GDP2015: 25.5 % of GDP2016: 19.6 % of GDP2017: 20.9 % of GDP2018: 22.9 % of GDP2019: 21 % of GDP2020: 20.5 % of GDP2021: 20.3 % of GDP2022: 17.2 % of GDP2023: 19 % of GDP1020304020002008201620232000: 15.6 % of GDP2001: 26.4 % of GDP2002: 21.9 % of GDP2003: 24.2 % of GDP2004: 16 % of GDP2005: 10.9 % of GDP2006: 15.6 % of GDP2007: 26.5 % of GDP2008: 23 % of GDP2009: 31.4 % of GDP2010: 23.1 % of GDP2011: 21.9 % of GDP2012: 20.8 % of GDP2013: 20.8 % of GDP2014: 19.7 % of GDP2015: 25.5 % of GDP2016: 19.6 % of GDP2017: 20.9 % of GDP2018: 22.9 % of GDP2019: 21 % of GDP2020: 20.5 % of GDP2021: 20.3 % of GDP2022: 17.2 % of GDP2023: 19 % of GDP
% of GDP. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 24 values
Period% of GDP
202319
202217.2
202120.3
202020.5
201921
201822.9
201720.9
201619.6
201525.5
201419.7
201320.8
201220.8
201121.9
201023.1
200931.4
200823
200726.5
200615.6
200510.9
200416
200324.2
200221.9
200126.4
200015.6

Trinidad and Tobago compared with nearby places

Afghanistan: 15.2 % of GDPAlbania: 24.3 % of GDPArmenia: 20.6 % of GDPAngola: 12.4 % of GDPArgentina: 18.5 % of GDPAustria: 24.7 % of GDPAustralia: 23.2 % of GDPAzerbaijan: 17.4 % of GDPBosnia and Herzegovina: 23.8 % of GDPBangladesh: 31 % of GDPBelgium: 24.2 % of GDPBurkina Faso: 18.4 % of GDPBulgaria: 18.7 % of GDPBenin: 34.1 % of GDPBrunei: 29.4 % of GDPBolivia: 17.7 % of GDPBrazil: 16.4 % of GDPBahamas: 21.8 % of GDPBhutan: 44.6 % of GDPBotswana: 25.5 % of GDPBelarus: 22.6 % of GDPBelize: 20.5 % of GDPCanada: 23 % of GDPDemocratic Republic of the Congo: 34.1 % of GDPCentral African Republic: 14.6 % of GDPRepublic of the Congo: 24.9 % of GDPSwitzerland: 26.9 % of GDPCôte d’Ivoire: 20.6 % of GDPChile: 24.4 % of GDPCameroon: 19.1 % of GDPChina: 40.5 % of GDPColombia: 16.4 % of GDPCosta Rica: 16.6 % of GDPCuba: 12.9 % of GDPCyprus: 22 % of GDPCzechia: 27.9 % of GDPGermany: 21.2 % of GDPDjibouti: 24.6 % of GDPDenmark: 23.5 % of GDPDominican Republic: 29 % of GDPAlgeria: 32.7 % of GDPEcuador: 19.9 % of GDPEstonia: 25.4 % of GDPEgypt: 15.1 % of GDPSpain: 20.5 % of GDPEthiopia: 22.2 % of GDPFinland: 23.4 % of GDPFiji: 19.5 % of GDPFrance: 22.8 % of GDPGabon: 18.1 % of GDPUnited Kingdom: 18.9 % of GDPGeorgia: 21.5 % of GDPGhana: 9.9 % of GDPGreenland: 34.7 % of GDPGambia: 27.4 % of GDPGuinea: 24.5 % of GDPEquatorial Guinea: 8.6 % of GDPGreece: 15.9 % of GDPGuatemala: 16.3 % of GDPGuinea-Bissau: 21.3 % of GDPHong Kong: 17 % of GDPHonduras: 23.8 % of GDPCroatia: 24.7 % of GDPHaiti: 13.9 % of GDPHungary: 25.6 % of GDPIndonesia: 29.2 % of GDPIreland: 24.9 % of GDPIsrael: 24.7 % of GDPIndia: 31.9 % of GDPIraq: 12.5 % of GDPIran: 27.4 % of GDPIceland: 24.9 % of GDPItaly: 22.7 % of GDPJapan: 27.8 % of GDPKenya: 17.5 % of GDPKyrgyzstan: 22 % of GDPCambodia: 32.7 % of GDPKiribati: 24.7 % of GDPSouth Korea: 31.4 % of GDPKuwait: 18.2 % of GDPKazakhstan: 25 % of GDPLebanon: 1.9 % of GDPSri Lanka: 18.2 % of GDPLesotho: 28.2 % of GDPLithuania: 23.8 % of GDPLuxembourg: 16.1 % of GDPLatvia: 24 % of GDPLibya: 16.9 % of GDPMorocco: 25.1 % of GDPMoldova: 19.4 % of GDPMontenegro: 20.4 % of GDPMadagascar: 20.5 % of GDPNorth Macedonia: 24.7 % of GDPMali: 21 % of GDPMongolia: 25.3 % of GDPMauritania: 24 % of GDPMauritius: 20.3 % of GDPMexico: 23.3 % of GDPMalaysia: 19.2 % of GDPNamibia: 26.2 % of GDPNew Caledonia: 25.6 % of GDPNiger: 29.9 % of GDPNicaragua: 21.4 % of GDPNetherlands: 20.3 % of GDPNorway: 22.6 % of GDPNepal: 24.6 % of GDPNew Zealand: 24.8 % of GDPOman: 24.3 % of GDPPanama: 31.9 % of GDPPeru: 21.1 % of GDPFrench Polynesia: 22.7 % of GDPPhilippines: 23.6 % of GDPPakistan: 12.3 % of GDPPoland: 17.9 % of GDPPuerto Rico: 13.8 % of GDPPalestine: 23.6 % of GDPPortugal: 20.5 % of GDPPalau: 35.4 % of GDPParaguay: 20.6 % of GDPRomania: 26.5 % of GDPSerbia: 23.4 % of GDPRussia: 22.1 % of GDPRwanda: 34 % of GDPSaudi Arabia: 27.9 % of GDPSolomon Islands: 21.5 % of GDPSudan: 2.2 % of GDPSweden: 25.4 % of GDPSingapore: 21.9 % of GDPSlovenia: 21.6 % of GDPSlovakia: 21.1 % of GDPSierra Leone: 19.8 % of GDPSenegal: 35.3 % of GDPSomalia: 23.6 % of GDPEl Salvador: 22.4 % of GDPEswatini: 16.1 % of GDPChad: 16 % of GDPTogo: 21 % of GDPThailand: 22.9 % of GDPTajikistan: 28.3 % of GDPTimor-Leste: 17.4 % of GDPTurkmenistan: 18.4 % of GDPTunisia: 15.7 % of GDPTürkiye: 32.9 % of GDPTrinidad and Tobago: 19 % of GDPTanzania: 42.7 % of GDPUkraine: 19.9 % of GDPUganda: 22.1 % of GDPUnited States: 21.4 % of GDPUruguay: 17.3 % of GDPUzbekistan: 30.9 % of GDPVenezuela: 4.1 % of GDPVietnam: 30.1 % of GDPVanuatu: 20.6 % of GDPSamoa: 30.9 % of GDPSouth Africa: 14.9 % of GDPZambia: 26.4 % of GDPZimbabwe: 9.7 % of GDP
  • Under 17
  • 17 to 20
  • 20 to 22
  • 22 to 25
  • 25 to 28
  • 28 and over
  • No data
Gross fixed capital formation, share of GDP, 2023, % of GDP. Trinidad and Tobago is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Acquisitions less disposals of fixed assets, such as buildings, machinery, equipment and intellectual property, plus certain spending that adds to the value of non-produced assets such as land, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS) (Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS

MLA 9

Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Also distributed by Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago.

Harvard

World Bank (2026) Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS, via Invokely: https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago (Accessed: 18 October 2026).

BibTeX
@misc{world_gross_fixed_capital_formation_2023,
  author = {{World Bank}},
  title = {{Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS): Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago. Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS): Gross fixed capital formation, share of GDP, Trinidad and Tobago, 2000 to 2023
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS
L2  - https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/trinidad-and-tobago.
N1  - Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the gross fixed capital formation, share of GDP in Trinidad and Tobago?

Gross fixed capital formation, share of GDP in Trinidad and Tobago was 19% of GDP in 2023, according to the World Bank. That is up 1.8 pts from 2022.

Where does this figure come from?

World Bank. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest gross fixed capital formation, share of GDP in Trinidad and Tobago?

31.4% of GDP in 2009, the highest value since 2000 in this series.

Gross fixed capital formation, share of GDP in other countries

Related statistics for Trinidad and Tobago

All statistics for Trinidad and Tobago | Trinidad and Tobago in figures