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Trinidad and Tobago: Total natural resources rents (% of GDP)

In , Trinidad and Tobago's Total natural resources rents (% of GDP) was 7.86.

That's up 33.6% from 2020, the highest value since .

The global average for this indicator in 2021 was 6.63 . Trinidad and Tobago ranks #53 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #7 of 36.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

Trinidad and Tobago Total natural resources rents (% of GDP) 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
21.19
Trough
4.12
1-year change
+33.6%
5-year change
+90.7%
+13.8% / yr
10-year change
-62.9%
-9.4% / yr

Historical Data — Last 10 Years

Year Total natural resources rents (% of GDP)
7.8594
5.8822
11.0690
11.2320
5.7614
4.1221
7.5355
15.5988
18.9418
19.0454

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy

Frequently asked questions

What was Trinidad and Tobago's Total natural resources rents (% of GDP) in 2021?
In 2021, Trinidad and Tobago's Total natural resources rents (% of GDP) was 7.86, according to World Bank Open Data.
Is Trinidad and Tobago's Total natural resources rents (% of GDP) rising or falling?
Trinidad and Tobago's Total natural resources rents (% of GDP) rose 33.6% from 2020 to 2021.
How does Trinidad and Tobago rank globally on Total natural resources rents (% of GDP)?
In 2021, Trinidad and Tobago ranked #53 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Trinidad and Tobago's Total natural resources rents (% of GDP) compare to the world average?
The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Trinidad and Tobago is above the world average. Within Latin America & Caribbean, it ranks #7 of 36.
What is Total natural resources rents (% of GDP) and how is it measured?
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.