Export Diversification, Theil index in Trinidad and Tobago
Trinidad and Tobago: Export Diversification, Theil index was 4.58 in 2014. ▼ Falling
Export Diversification, Theil index in Trinidad and Tobago, 1962–2014
Source: International Monetary Fund.
Analysis
In 2014, export diversification, theil index in Trinidad and Tobago stood at 4.58.
That represents a change of up 2.2% on the previous year and up 11.4% over ten years.
Over the whole period, export diversification, theil index in Trinidad and Tobago peaked at 4.6 in 1981 and was at its lowest, 2.96, in 1998.
Trinidad and Tobago ranks 47th of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Export Diversification, Theil index in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 4.45 | — |
| 1963 | 4.22 | -5.1% |
| 1964 | 4.23 | +0.2% |
| 1965 | 4.22 | -0.4% |
| 1966 | 4.18 | -1.0% |
| 1967 | 4.07 | -2.5% |
| 1968 | 4 | -1.6% |
| 1969 | 3.95 | -1.3% |
| 1970 | 3.86 | -2.3% |
| 1971 | 3.76 | -2.5% |
| 1972 | 3.84 | +2.1% |
| 1973 | 4.04 | +5.0% |
| 1974 | 4.43 | +9.8% |
| 1975 | 4.38 | -1.3% |
| 1976 | 4.5 | +2.9% |
| 1977 | 4.53 | +0.6% |
| 1978 | 4.51 | -0.5% |
| 1979 | 4.49 | -0.4% |
| 1980 | 4.59 | +2.1% |
| 1981 | 4.6 | +0.4% |
| 1982 | 4.53 | -1.5% |
| 1983 | 4.52 | -0.3% |
| 1984 | 4.52 | +0.1% |
| 1985 | 4.48 | -0.9% |
| 1986 | 4.1 | -8.4% |
| 1987 | 3.95 | -3.7% |
| 1988 | 3.59 | -9.2% |
| 1989 | 3.53 | -1.5% |
| 1990 | 3.66 | +3.6% |
| 1991 | 3.52 | -3.8% |
| 1992 | 3.49 | -0.8% |
| 1993 | 3.22 | -7.7% |
| 1994 | 3.25 | +1.0% |
| 1995 | 3.12 | -4.2% |
| 1996 | 3.04 | -2.5% |
| 1997 | 3.04 | +0.2% |
| 1998 | 2.96 | -2.8% |
| 1999 | 3.17 | +6.9% |
| 2000 | 3.31 | +4.7% |
| 2001 | 3.26 | -1.5% |
| 2002 | 3.34 | +2.4% |
| 2003 | 3.81 | +14.0% |
| 2004 | 4.11 | +8.0% |
| 2005 | 4.24 | +3.1% |
| 2006 | 4.27 | +0.8% |
| 2007 | 4.28 | +0.1% |
| 2008 | 4.36 | +1.9% |
| 2009 | 4.43 | +1.7% |
| 2010 | 4.24 | -4.4% |
| 2011 | 4.38 | +3.2% |
| 2012 | 4.44 | +1.4% |
| 2013 | 4.48 | +1.0% |
| 2014 | 4.58 | +2.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 4.58 is above the median for high income countries, which is 2.57, 1.8× the median. (62 countries reporting)
- Trinidad and Tobago's 4.58 is above the median for Latin America & Caribbean, which is 3.76, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.16 | 3.95 | 4.45 | 8 |
| 1970s | 4.24 | 3.76 | 4.53 | 10 |
| 1980s | 4.24 | 3.53 | 4.6 | 10 |
| 1990s | 3.25 | 2.96 | 3.66 | 10 |
| 2000s | 3.94 | 3.26 | 4.43 | 10 |
| 2010s | 4.42 | 4.24 | 4.58 | 5 |
Countries ranked near Trinidad and Tobago
More trade data for Trinidad and Tobago
- Commodity Net Export Price Index, Individual Commodities Weighted by 81.09 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 92.39 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 88.4 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 66.7 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 95.69 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.76 (2025)
- Imports of low carbon technology products, Percent of GDP 1.47 (2024)
- Imports of low carbon technology products, US dollar (World), per 275.88 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0147 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 44.59 million (2024)
Frequently asked questions
- What is export diversification, theil index in Trinidad and Tobago?
- Export diversification, theil index in Trinidad and Tobago was 4.58 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Trinidad and Tobago?
- The highest recorded value was 4.6 in 1981.
- What is the lowest export diversification, theil index recorded in Trinidad and Tobago?
- The lowest recorded value was 2.96 in 1998.
- How does Trinidad and Tobago rank for export diversification, theil index?
- Trinidad and Tobago ranks 47th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Export Diversification, Theil index. Statizoid updates them automatically from the source API.
Download this data
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About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.