Net investment in nonfinancial assets in Trinidad and Tobago
Trinidad and Tobago: Net investment in nonfinancial assets was 2.50 billion current LCU in 2019. ◆ Volatile
Net investment in nonfinancial assets in Trinidad and Tobago, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Trinidad and Tobago recorded 2.50 billion current LCU for net investment in nonfinancial assets in 2019.
That represents a change of down 0.9% on the previous year and down 67.0% over ten years.
Over the whole period, net investment in nonfinancial assets in Trinidad and Tobago peaked at 8.90 billion current LCU in 2008 and was at its lowest, 665.70 million current LCU, in 2002.
Trinidad and Tobago ranks 118th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Trinidad and Tobago, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 729.50 million current LCU | — |
| 2002 | 665.70 million current LCU | -8.7% |
| 2003 | 911.80 million current LCU | +37.0% |
| 2004 | 1.35 billion current LCU | +47.7% |
| 2005 | 2.28 billion current LCU | +69.2% |
| 2006 | 3.96 billion current LCU | +73.8% |
| 2007 | 7.21 billion current LCU | +82.2% |
| 2008 | 8.90 billion current LCU | +23.4% |
| 2009 | 7.57 billion current LCU | -15.0% |
| 2010 | 5.24 billion current LCU | -30.8% |
| 2011 | 6.94 billion current LCU | +32.4% |
| 2012 | 4.62 billion current LCU | -33.4% |
| 2013 | 7.03 billion current LCU | +52.0% |
| 2014 | 6.65 billion current LCU | -5.4% |
| 2015 | 6.31 billion current LCU | -5.1% |
| 2016 | 2.71 billion current LCU | -57.0% |
| 2017 | 3.58 billion current LCU | +31.7% |
| 2018 | 2.52 billion current LCU | -29.6% |
| 2019 | 2.50 billion current LCU | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.73 billion current LCU | 665.70 million current LCU | 8.90 billion current LCU | 9 |
| 2010s | 4.81 billion current LCU | 2.50 billion current LCU | 7.03 billion current LCU | 10 |
Countries ranked near Trinidad and Tobago
More public sector data for Trinidad and Tobago
- Arms imports 32.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 23.4 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -34.78 % change on previous year (2016)
- Arms imports (SIPRI trend indicator values), gaps filled 32.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 171.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 234.54 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,238 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net investment in nonfinancial assets in Trinidad and Tobago?
- Net investment in nonfinancial assets in Trinidad and Tobago was 2.50 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Trinidad and Tobago?
- The highest recorded value was 8.90 billion current LCU in 2008.
- What is the lowest net investment in nonfinancial assets recorded in Trinidad and Tobago?
- The lowest recorded value was 665.70 million current LCU in 2002.
- How does Trinidad and Tobago rank for net investment in nonfinancial assets?
- Trinidad and Tobago ranks 118th out of 156 countries with data for 2019.
- Is net investment in nonfinancial assets rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 67.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.