Oil reserves, per unit of GDP in Trinidad and Tobago
Trinidad and Tobago: Oil reserves, per unit of GDP was 0.0016 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Trinidad and Tobago, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
Trinidad and Tobago recorded 0.0016 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 13.8% on the previous year and down 65.0% over ten years.
Over the whole period, oil reserves, per unit of gdp in Trinidad and Tobago peaked at 0.0202 cubic meters per US$ of GDP in 1987 and was at its lowest, 0.0016 cubic meters per US$ of GDP, in 2021.
That places Trinidad and Tobago 32nd out of 198 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Trinidad and Tobago, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0178 cubic meters per US$ of GDP | — |
| 1981 | 0.0159 cubic meters per US$ of GDP | -10.8% |
| 1982 | 0.0117 cubic meters per US$ of GDP | -26.4% |
| 1983 | 0.0119 cubic meters per US$ of GDP | +1.4% |
| 1984 | 0.0129 cubic meters per US$ of GDP | +8.7% |
| 1985 | 0.0116 cubic meters per US$ of GDP | -9.9% |
| 1986 | 0.0179 cubic meters per US$ of GDP | +53.8% |
| 1987 | 0.0202 cubic meters per US$ of GDP | +12.9% |
| 1988 | 0.02 cubic meters per US$ of GDP | -0.8% |
| 1989 | 0.0194 cubic meters per US$ of GDP | -3.1% |
| 1990 | 0.0163 cubic meters per US$ of GDP | -15.8% |
| 1991 | 0.0161 cubic meters per US$ of GDP | -1.8% |
| 1992 | 0.0156 cubic meters per US$ of GDP | -2.6% |
| 1993 | 0.0195 cubic meters per US$ of GDP | +24.7% |
| 1994 | 0.015 cubic meters per US$ of GDP | -23.2% |
| 1995 | 0.0146 cubic meters per US$ of GDP | -2.8% |
| 1996 | 0.0135 cubic meters per US$ of GDP | -7.1% |
| 1997 | 0.0153 cubic meters per US$ of GDP | +12.9% |
| 1998 | 0.0154 cubic meters per US$ of GDP | +0.7% |
| 1999 | 0.0125 cubic meters per US$ of GDP | -18.9% |
| 2000 | 0.0118 cubic meters per US$ of GDP | -5.4% |
| 2001 | 0.0124 cubic meters per US$ of GDP | +4.8% |
| 2002 | 0.0126 cubic meters per US$ of GDP | +2.2% |
| 2003 | 0.0101 cubic meters per US$ of GDP | -20.3% |
| 2004 | 0.0119 cubic meters per US$ of GDP | +17.7% |
| 2005 | 0.0098 cubic meters per US$ of GDP | -16.9% |
| 2006 | 0.0086 cubic meters per US$ of GDP | -13.0% |
| 2007 | 0.0054 cubic meters per US$ of GDP | -37.6% |
| 2008 | 0.0042 cubic meters per US$ of GDP | -22.4% |
| 2009 | 0.006 cubic meters per US$ of GDP | +45.4% |
| 2010 | 0.0052 cubic meters per US$ of GDP | -13.5% |
| 2011 | 0.0046 cubic meters per US$ of GDP | -12.9% |
| 2012 | 0.0043 cubic meters per US$ of GDP | -6.3% |
| 2013 | 0.0041 cubic meters per US$ of GDP | -4.9% |
| 2014 | 0.0039 cubic meters per US$ of GDP | -3.1% |
| 2015 | 0.0043 cubic meters per US$ of GDP | +9.8% |
| 2016 | 0.0049 cubic meters per US$ of GDP | +13.6% |
| 2017 | 0.0016 cubic meters per US$ of GDP | -66.9% |
| 2018 | 0.0016 cubic meters per US$ of GDP | -0.2% |
| 2019 | 0.0016 cubic meters per US$ of GDP | +1.7% |
| 2020 | 0.0018 cubic meters per US$ of GDP | +12.4% |
| 2021 | 0.0016 cubic meters per US$ of GDP | -13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0159 cubic meters per US$ of GDP | 0.0116 cubic meters per US$ of GDP | 0.0202 cubic meters per US$ of GDP | 10 |
| 1990s | 0.0154 cubic meters per US$ of GDP | 0.0125 cubic meters per US$ of GDP | 0.0195 cubic meters per US$ of GDP | 10 |
| 2000s | 0.0093 cubic meters per US$ of GDP | 0.0042 cubic meters per US$ of GDP | 0.0126 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0036 cubic meters per US$ of GDP | 0.0016 cubic meters per US$ of GDP | 0.0052 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0017 cubic meters per US$ of GDP | 0.0016 cubic meters per US$ of GDP | 0.0018 cubic meters per US$ of GDP | 2 |
Countries ranked near Trinidad and Tobago
- 29 Norway 0.0025 cubic meters per US$ of GDP compare
- 30 Viet Nam 0.0019 cubic meters per US$ of GDP compare
- 31 Niger 0.0016 cubic meters per US$ of GDP compare
- 33 Malaysia 0.0015 cubic meters per US$ of GDP compare
- 34 Tunisia 0.0014 cubic meters per US$ of GDP compare
- 35 Albania 0.0013 cubic meters per US$ of GDP compare
More energy & mining data for Trinidad and Tobago
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -6.92 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0.0001 terawatt-hours per person (2025)
- Fuel imports 15.3% (2024)
Frequently asked questions
- What is oil reserves, per unit of gdp in Trinidad and Tobago?
- Oil reserves, per unit of gdp in Trinidad and Tobago was 0.0016 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Trinidad and Tobago?
- The highest recorded value was 0.0202 cubic meters per US$ of GDP in 1987.
- What is the lowest oil reserves, per unit of gdp recorded in Trinidad and Tobago?
- The lowest recorded value was 0.0016 cubic meters per US$ of GDP in 2021.
- How does Trinidad and Tobago rank for oil reserves, per unit of gdp?
- Trinidad and Tobago ranks 32nd out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 65.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.