Services sector's value added to GDP per worker Trinidad & Tobago

The value added by the services industry to the gross domestic product in Trinidad & Tobago increased by 841.4 U.S. dollars per worker (+2.94 percent) in 2022. In total, the value added amounted to 29,469.96 U.S. dollars per worker in 2022. This increase was preceded by a declining value added.
Value added per worker is used to measure labor productivity. It is calculated by dividing value added of a sector by the number of employed in the sector. Value added refers to the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production.

Find more statistics on other topics about Trinidad & Tobago with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, share of value added by the services industry to gross domestic product, and national gross income per capita.

Value added by the services industry to the gross domestic product (GDP) per worker in Trinidad and Tobago from 2013 to 2022 (in U.S. dollars)

Characteristic	Value in U.S. dollars
2022	29,469.96
2021	28,628.57
2020	28,731.58
2019	30,153.81
2018	28,957.99
2017	29,441.41
2016	31,660.88
2015	33,633.54
2014	34,316.86
2013	32,364.35

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Release date

October 2024

More information

Region

Trinidad and Tobago

Survey time period

2013 to 2022

Special properties

Values in constant U.S. dollars based on 2010 prices

Supplementary notes

Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

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