Export Diversification, Theil index in Trinidad and Tobago
Trinidad and Tobago: Export Diversification, Theil index was 4.58 in 2014. βΌ Falling
Export Diversification, Theil index in Trinidad and Tobago, 1962β2014
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.
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
- 44 Iran, Islamic Republic of 4.64 compare
- 45 Congo, Democratic Republic of the 4.64 compare
- 46 Zambia 4.61 compare
- 48 Myanmar 4.53 compare
- 49 Cameroon 4.53 compare
- 50 Mauritania, Islamic Republic of 4.51 compare
More trade data for Trinidad and Tobago
- Extensive Margin, Theil index -0.0152 (2014)
- Intensive Margin, Theil index 4.6 (2014)
- Total current account debit/expenditure, Debit/Expenditure 11.53 billion (2024)
- Goods, Debit/Expenditure 7.54 billion (2024)
- Primary income, Debit/Expenditure 891.22 million (2024)
- Services, Debit/Expenditure 2.71 billion (2024)
- Secondary income, Debit/Expenditure 383.62 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 0 (2024)
- Milking, dairy machinery (trade) β Import Value 5 1000 USD (2008)
- Milking, dairy machinery (trade) β Export Value 2 1000 USD (2003)
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
CSV Β· JSON β 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.