The score given to Trinidad and Tobago on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has been increasing recently. In 2019, the economy of the Caribbean country had a competitiveness index of 58.3 points (in a range from 1 to 100), up from 57.88 points recorded a year earlier.
* From 2017, the study methodology changed. Before 2017, the index ranged from 1 to 7. As of 2017, it ranges from 1 to 100.
The Global Competitiveness Index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. These indicators are combined in an index which provides insight into how a country is able to generate wealth.
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Trading Economics. (October 8, 2019). Competitiveness index of Trinidad and Tobago from 2008 to 2019 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
Trading Economics. "Competitiveness index of Trinidad and Tobago from 2008 to 2019." Chart. October 8, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
Trading Economics. (2019). Competitiveness index of Trinidad and Tobago from 2008 to 2019. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
Trading Economics. "Competitiveness Index of Trinidad and Tobago from 2008 to 2019." Statista, Statista Inc., 8 Oct 2019, https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
Trading Economics, Competitiveness index of Trinidad and Tobago from 2008 to 2019 Statista, https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/ (last visited December 21, 2024)
Competitiveness index of Trinidad and Tobago from 2008 to 2019 [Graph], Trading Economics, October 8, 2019. [Online]. Available: https://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
