GDP in Trinidad and Tobago

Trinidad & Tobago GDP | Economic News & Forecasts

Trinidad and Tobago - GDP

The economy likely lost momentum in the third quarter, as natural gas production was depressed by maintenance at multiple facilities and a high base effect given that BP’s Juniper project became operational in August 2017. Methanol production faced similar challenges due to repair work, while crude oil production was soft. Looking to the fourth quarter, central bank data revealed a mixed start to the quarter as annual growth of LNG and natural gas production was elevated in October, while oil production contracted. In December, BP gave a green light to two natural gas projects, which should support growth in the medium-term.

Trinidad & Tobago - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)2.7  -0.6  -0.6  -2.3  -     

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Trinidad & Tobago Facts

Exchange Rate6.790.39 %Jan 30

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