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Trinidad and Tobago: Adjusted savings: consumption of fixed capital (% of GNI)

In , Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) was 8.66.

That's down 14.2% from 2020, the highest value since .

The global average for this indicator in 2021 was 13.12 . Trinidad and Tobago ranks #141 globally out of 186 reporting countries. Within Latin America & Caribbean, it ranks #26 of 35.

Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS) • Data as of 2021

Trend (2002–2021)

Trinidad and Tobago Adjusted savings: consumption of fixed capital (% of GNI) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
19.24
Trough
8.66
1-year change
-14.2%
5-year change
-36.7%
-8.7% / yr
10-year change
-51.6%
-7.0% / yr

Historical Data — Last 10 Years

Year Adjusted savings: consumption of fixed capital (% of GNI)
8.6603
10.0933
10.8219
11.0382
12.4683
13.6712
10.5394
11.1844
15.9233
19.2352

About Adjusted savings: consumption of fixed capital (% of GNI)

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Indicator code: NY.ADJ.DKAP.GN.ZSCategory: Economy

Frequently asked questions

What was Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) in 2021?
In 2021, Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) was 8.66, according to World Bank Open Data.
Is Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) rising or falling?
Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) fell 14.2% from 2020 to 2021.
How does Trinidad and Tobago rank globally on Adjusted savings: consumption of fixed capital (% of GNI)?
In 2021, Trinidad and Tobago ranked #141 out of 186 countries reporting Adjusted savings: consumption of fixed capital (% of GNI).
How does Trinidad and Tobago's Adjusted savings: consumption of fixed capital (% of GNI) compare to the world average?
The global average for Adjusted savings: consumption of fixed capital (% of GNI) in 2021 was 13.12, so Trinidad and Tobago is below the world average. Within Latin America & Caribbean, it ranks #26 of 35.
What is Adjusted savings: consumption of fixed capital (% of GNI) and how is it measured?
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
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Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS), CC BY 4.0.