Extensive Margin, Theil index in Trinidad and Tobago
Trinidad and Tobago: Extensive Margin, Theil index was -0.0152 in 2014. β Volatile
Extensive Margin, Theil index in Trinidad and Tobago, 1962β2014
Source: International Monetary Fund.
Analysis
Trinidad and Tobago recorded -0.0152 for extensive margin, theil index in 2014.
Compared with earlier readings it is up 34.8% on the previous year and up 25.5% over ten years.
Over the whole period, extensive margin, theil index in Trinidad and Tobago peaked at 1.54 in 1962 and was at its lowest, -0.0233, in 2013.
Trinidad and Tobago ranks 187th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.29 | 1.12 | 1.54 | 8 |
| 1970s | 1.27 | 1.09 | 1.39 | 10 |
| 1980s | 1.02 | 0.6178 | 1.32 | 10 |
| 1990s | 0.4461 | 0.2403 | 0.7374 | 10 |
| 2000s | 0.0228 | -0.0213 | 0.1567 | 10 |
| 2010s | -0.0128 | -0.0233 | 0.0157 | 5 |
Countries ranked near Trinidad and Tobago
- 186 El Salvador -0.0065 compare
- 188 Bahrain, Kingdom of -0.0314 compare
- 189 Jordan -0.0411 compare
More trade data for Trinidad and Tobago
- Export Diversification, Theil index 4.58 (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 extensive margin, theil index in Trinidad and Tobago?
- Extensive margin, theil index in Trinidad and Tobago was -0.0152 in 2014, according to International Monetary Fund.
- What is the highest extensive margin, theil index recorded in Trinidad and Tobago?
- The highest recorded value was 1.54 in 1962.
- What is the lowest extensive margin, theil index recorded in Trinidad and Tobago?
- The lowest recorded value was -0.0233 in 2013.
- How does Trinidad and Tobago rank for extensive margin, theil index?
- Trinidad and Tobago ranks 187th out of 189 countries with data for 2014.
- Is extensive margin, theil index rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 25.5%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from International Monetary Fund, published as part of Extensive Margin, 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.